Construction Partners (ROAD) Is Up 6.90% in One Week: What You Should Know

Group 1 - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - Construction Partners (ROAD) currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The Zacks Rank for Construction Partners is 2 (Buy), suggesting a favorable outlook for the stock [3] Group 2 - ROAD shares have increased by 6.9% over the past week, while the Zacks Building Products - Miscellaneous industry remained flat during the same period [5] - Over the past quarter, ROAD shares have risen by 31.55%, and by 87.65% over the last year, significantly outperforming the S&P 500, which moved -3.42% and 14.16% respectively [6] - The average 20-day trading volume for ROAD is 480,769 shares, indicating a bullish sign when combined with rising stock prices [7] Group 3 - Recent earnings estimate revisions for ROAD show positive trends, with 3 estimates moving higher and none lower, increasing the consensus estimate from $1.96 to $2.14 over the past 60 days [9] - For the next fiscal year, 2 estimates have increased while 1 has decreased, reflecting a generally positive earnings outlook [9] Group 4 - Given the strong performance metrics and positive earnings outlook, ROAD is positioned as a solid momentum pick for investors [11]