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

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Investors interested in Construction stocks should always be looking to find the best-performing companies in the group. Is Comfort Systems (FIX - Free Report) one of those stocks right now? 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 92 individual stocks and currently holds a Zacks Sector Rank of #11. 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 model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Comfort Systems is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past 90 days, the Zacks Consensus Estimate for FIX's full-year earnings has moved 11% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Our latest available data shows that FIX has returned about 76.9% since the start of the calendar year. In comparison, Construction companies have returned an average of -1.3%. This means that Comfort Systems is performing better than its sector in terms of year-to-date returns.

Frontdoor (FTDR - Free Report) is another Construction stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 35.7%.

For Frontdoor, the consensus EPS estimate for the current year has increased 4.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, Comfort Systems belongs to the Building Products - Air Conditioner and Heating industry, a group that includes 9 individual stocks and currently sits at #29 in the Zacks Industry Rank. Stocks in this group have gained about 14.8% so far this year, so FIX is performing better this group in terms of year-to-date returns.

In contrast, Frontdoor falls under the Building Products - Miscellaneous industry. Currently, this industry has 34 stocks and is ranked #104. Since the beginning of the year, the industry has moved -8.9%.

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

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