Recent notable positive changes in fundamentals have benefitted Comfort Systems USA Inc. (NYSE: FIX): the consensus estimate for December, 2023 increased significantly, significant quarterly sales acceleration occurred, and the consensus estimate for December, 2024 increased significantly.
Comfort Systems USA Inc. (NYSE: FIX) has benefited from extremely meaningful positive changes in investment behavior: its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, FIX is expected to continue to be a major Value Builder.
Comfort Systems USA has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Comfort Systems USA has a slightly negative Appreciation Score of 35 but a very high Power Rating of 99, triggering the Positive Value Trend Rating.
Recent Price Action
Comfort Systems USA Inc. (NYSE: FIX) stock closed at $187.22 on 11/6/23 after a modest decline of -0.3%. The stock has risen 6.4% during the last week and has been exceptionally strong relative to the market over the last nine months.
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