CONSTRUCTION PARTNERS INC-A (NASDAQ:ROAD) – A High-Growth Momentum Stock with Strong Technical Setup

CONSTRUCTION PARTNERS INC-A (NASDAQ:ROAD) stands out as a high-growth momentum candidate with a solid technical setup. The company, which specializes in civil infrastructure construction and maintenance, has demonstrated strong earnings and revenue growth while maintaining a technically healthy chart pattern.

Growth Momentum Highlights

• Exceptional Earnings Growth: ROAD reported a staggering 500% year-over-year EPS growth in its most recent quarter, with forward estimates suggesting continued strength (+59.3% next quarter).
• Revenue Expansion: Sales grew 53.9% year-over-year last quarter, with consistent upward revisions from analysts (+2.94% for next year).
• Profit Margin Expansion: The company’s profit margin improved to 7.38% in the latest quarter, up from 3.13% a year earlier.
• Free Cash Flow Surge: FCF per share surged 453% over the past year, reflecting strong operational efficiency.
• Positive Surprises: ROAD has beaten EPS estimates in three of the last four quarters, with an average beat of 64.7%.

Technical Strength & Setup

ROAD earns a perfect 10/10 Technical Rating, supported by:

• A strong uptrend in both short-term and long-term timeframes.
• Trading near its 52-week high ($111.98), outperforming 95% of stocks over the past year.
• A consolidation pattern with reduced volatility, presenting a potential breakout opportunity above $110.36.
• Solid support at $102.38, providing a clear stop-loss level for risk management.

For a deeper technical breakdown, review the full technical report.

Our High Growth Momentum Breakout Setups Screen identifies more stocks with similar growth and technical characteristics.

Disclaimer

This is not investment advice. The observations are based on current data, and investors should conduct their own research before making decisions.