Alert: Positive Investment/Fundamental Signals (8/15/24)-Comfort Systems USA Inc. (NYSE: FIX)

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Comfort Systems USA Inc. (NYSE: FIX) has benefited from notable positive changes in fundamentals: the consensus estimate for December, 2024 increased significantly, significant quarterly sales acceleration occurred, and the consensus estimate for December, 2025 increased significantly.

Recent notable positive changes in investment behavior have benefitted Comfort Systems USA Inc. (NYSE: FIX): its shorter term price trend turned up.

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.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Comfort Systems USA has a slightly negative Appreciation Score of 40 but a very high Power Rating of 100, triggering the Positive Value Trend Rating.

Recent Price Action

Comfort Systems USA Inc. (NYSE: FIX) stock enjoyed a large increase of 2.4% on 8/15/24. The stock closed at $337.44. However, trading volume in this advance was exceptionally low at 36% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 12.2% during the last week.

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