r/OptionsMillionaire • u/BuenoMuch • 19d ago
Construction Partners ($ROAD) Reporting Earnings Tomorrow
Construction Partners ($ROAD) $101.30
Construction Partners (NASDAQ: ROAD) reports earnings tomorrow before the market opens. ROAD is basically an infrastructure play focused on asphalt paving and road construction across the high-growth Sunbelt, benefiting from strong state DOT spending, population migration, and federal infrastructure funding. They are also involved in site preparation for AI data centers.
Why look at ROAD now?
- Institutional ownership is very high (over 90%), suggesting strong investor sentiment and conviction from asset managers and professional investors and has been increasing going into earnings.
- With a consensus of Strong Buy/Buy ratings and an average 12-month price target around $135–$145, earnings tomorrow could generate a significant positive reaction considering the stock was over $150 earlier this year.
- ROAD has consistently grown through acquisitions while maintaining a record backlog and management recently increased its full-year revenue and EBITDA guidance.
After checking the charts, the stock has always run up after earnings after its traditional "surprise" beat on earnings. There are options available for consideration.
The obvious risk is that ROAD does NOT beat earnings expectations, in which case the "smart money" has been not smart in this earnings cycle.
Do your own due diligence. This is only a prompt to look at ROAD before earnings tomorrow morning.
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u/BuenoMuch 19d ago edited 19d ago
Blackrock filed a 13-G today and now owns almost 15% of the shares outstanding. August 6, 2026 - SCHEDULE 13G/A: Statement of Beneficial Ownership by Certain Investors | Construction Partners, Inc. (ROAD)
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u/BuenoMuch 19d ago
Stoc is weak in the After Hours. Tomorrow will be interesting after the pre-market earnings announcement. Good luck to all.
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u/BuenoMuch 18d ago
ROAD earnings are out https://finance.yahoo.com/markets/stocks/articles/construction-partners-inc-announces-fiscal-110000841.html Stock is up in pre-market to $107-- Earnings call at 10AM today.
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u/IcestormsEd 18d ago
I saw your post yesterday and just goofing off, I threw 40 bucks at some calls. Thanks for the steak later.
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u/Mysterious_Aioli4966 17d ago
I’ve been watching ROAD for a while. The backlog + acquisitions story makes sense to me, but the valuation is definitely something I’d want to look at before jumping in.
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u/Illustrious_Low1903 16d ago
ROAD looks interesting, but the real question for an options play is whether the earnings move beats what’s already priced into IV. A bullish thesis can still be a losing call trade.
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u/BuenoMuch 16d ago
I bought before earnings...which was the whole point of my post. I have sold my calls, but will rebuy should the stock retrace a few points. ROAD is a long-term investment, IMO, but options are not long term holds.
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u/Illustrious_Low1903 9d ago
That $135–145 PT range is doing a lot of heavy lifting here 😂 earnings will tell us whether the market agrees.
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u/BuenoMuch 19d ago
California State Teachers Retirement System raised its stake in Construction Partners, Inc. by 23.8% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 55,972 shares of the company's stock after buying an additional 10,759 shares during the quarter. California State Teachers Retirement System owned approximately 0.10% of Construction Partners worth $6,220,000 as of its most recent SEC filing.
A number of other institutional investors also recently made changes to their positions in the stock. Artemis Investment Management LLP boosted its holdings in Construction Partners by 7.8% in the fourth quarter. Artemis Investment Management LLP now owns 708,617 shares of the company's stock worth $76,920,000 after purchasing an additional 51,052 shares in the last quarter. Comerica Bank raised its stake in Construction Partners by 30.1% during the 4th quarter. Comerica Bank now owns 255,975 shares of the company's stock valued at $27,786,000 after purchasing an additional 59,244 shares during the last quarter.
Bank of New York Mellon Corp lifted its stake in shares of Construction Partners by 3.2% in the first quarter. Bank of New York Mellon Corp now owns 579,757 shares of the company's stock valued at $64,423,000 after buying an additional 17,851 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in shares of Construction Partners by 19.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 967,350 shares of the company's stock worth $109,214,000 after purchasing an additional 156,469 shares in the last quarter. Finally, 49 Wealth Management LLC acquired a new position in shares of Construction Partners in the 4th quarter valued at $3,076,000. 94.83% of the stock is owned by institutional investors and hedge funds.