Alert: Positive Investment/Fundamental Signals (9/11/24)-Comfort Systems USA Inc. (NYSE: FIX)

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

Comfort Systems USA Inc. (NYSE: FIX). Important positive changes in investment behavior have recently occurred: 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.

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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 inconsistent signals. Comfort Systems USA has a neutral Appreciation Score of 43 but a very high Power Rating of 100, triggering the Positive Value Trend Rating.

Recent Price Action

Comfort Systems USA Inc. (NYSE: FIX) stock closed at $334.05 on 9/11/24 after a very large increase of 5.3%. However, this advance was accompanied by below average trading volume at 82% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 6.1% during the last week.

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