Comfort Systems USA Inc. (NYSE: FIX) stock suffered a major decline of -10.4% on 10/25/24. The shares closed at $370.50. Moreover, this decline was accompanied by exceptionally high trading volume at 447% of normal. The stock has declined -11.6% during the last week but has been exceptionally strong relative to the market over the last nine months.
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 C (High Neutral). 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 37 but a very high Power Rating of 88, and the High Neutral Value Trend Rating results.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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