Stock Rating Upgrade
The Value Trend Rating for Comfort Systems USA Inc. (NYSE: FIX) improved recently from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Comfort Systems USA Inc. (NYSE: FIX) stock closed at $314.43 on 3/1/24 after a large increase of 2.8%. Moreover, trading volume in this advance was unusually high at 160% of normal. The stock has risen 26.9% during the last week and has been exceptionally strong relative to the market over the last nine months.
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 VT Rating improved in recent days from C previously. 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 30 but a very high Power Rating of 98, resulting in the Positive Value Trend Rating.
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