Back to top

Image: Bigstock

Is Comfort Systems USA (FIX) Outperforming Other Construction Stocks This Year?

Read MoreHide Full Article

For those looking to find strong Construction stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Comfort Systems (FIX - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.

Comfort Systems is a member of the Construction sector. This group includes 88 individual stocks and currently holds a Zacks Sector Rank of #12. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Comfort Systems is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for FIX's full-year earnings has moved 10.3% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the latest available data, FIX has gained about 65.6% so far this year. In comparison, Construction companies have returned an average of 10.5%. As we can see, Comfort Systems is performing better than its sector in the calendar year.

Another stock in the Construction sector, Tutor Perini (TPC - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 138.6%.

In Tutor Perini's case, the consensus EPS estimate for the current year increased 116.6% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

Looking more specifically, Comfort Systems belongs to the Building Products - Air Conditioner and Heating industry, a group that includes 6 individual stocks and currently sits at #37 in the Zacks Industry Rank. Stocks in this group have gained about 8.7% so far this year, so FIX is performing better this group in terms of year-to-date returns.

Tutor Perini, however, belongs to the Building Products - Heavy Construction industry. Currently, this 9-stock industry is ranked #1. The industry has moved +31.6% so far this year.

Investors interested in the Construction sector may want to keep a close eye on Comfort Systems and Tutor Perini as they attempt to continue their solid performance.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Comfort Systems USA, Inc. (FIX) - free report >>

Tutor Perini Corporation (TPC) - free report >>

Published in