All You Need to Know About Construction Partners (ROAD) Rating Upgrade to Buy

Core Viewpoint - Construction Partners (ROAD) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in earnings estimates, which are closely correlated with stock price movements [4][6]. - Rising earnings estimates for Construction Partners suggest an improvement in the company's underlying business, likely leading to an increase in stock price [5][10]. Recent Performance and Projections - For the fiscal year ending September 2025, Construction Partners is expected to earn $2.17 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 10.8% over the past three months [8]. Zacks Rating System Overview - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 20% receiving a "Strong Buy" or "Buy" rating, indicating superior earnings estimate revisions [9][10]. - The Zacks Rank 2 upgrade places Construction Partners in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].