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Is Comfort Systems USA (FIX) Stock Outpacing Its Construction Peers This Year?

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Investors interested in Construction stocks should always be looking to find the best-performing companies in the group. Has Comfort Systems (FIX - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Construction sector should help us answer this question.

Comfort Systems is a member of the Construction sector. This group includes 88 individual stocks and currently holds a Zacks Sector Rank of #13. 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Comfort Systems is currently sporting a Zacks Rank of #1 (Strong Buy).

Within the past quarter, the Zacks Consensus Estimate for FIX's full-year earnings has moved 9.1% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the latest available data, FIX has gained about 65.9% so far this year. Meanwhile, stocks in the Construction group have gained about 6.8% on average. This means that Comfort Systems is outperforming the sector as a whole this year.

Another Construction stock, which has outperformed the sector so far this year, is Tutor Perini (TPC - Free Report) . The stock has returned 143.6% year-to-date.

Over the past three months, Tutor Perini's consensus EPS estimate for the current year has increased 116.6%. 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, which includes 6 individual stocks and currently sits at #68 in the Zacks Industry Rank. On average, stocks in this group have gained 4.5% this year, meaning that FIX is performing better in terms of year-to-date returns.

On the other hand, Tutor Perini belongs to the Building Products - Heavy Construction industry. This 9-stock industry is currently ranked #2. The industry has moved +31.1% year to date.

Investors with an interest in Construction stocks should continue to track Comfort Systems and Tutor Perini. These stocks will be looking to continue their solid performance.


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