Investors interested in Construction stocks should always be looking to find the best-performing companies in the group. Has Comfort Systems (FIX) 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 our Construction group, which includes 88 different companies and currently sits at #15 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. 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 41% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, FIX has moved about 113.5% on a year-to-date basis. In comparison, Construction companies have returned an average of 11.9%. As we can see, Comfort Systems is performing better than its sector in the calendar year.
One other Construction stock that has outperformed the sector so far this year is Sterling Infrastructure (STRL). The stock is up 177.2% year-to-date.
Over the past three months, Sterling Infrastructure's consensus EPS estimate for the current year has increased 54.8%. The stock currently has a Zacks Rank #1 (Strong Buy).
To break things down more, Comfort Systems belongs to the Building Products - Air Conditioner and Heating industry, a group that includes 7 individual companies and currently sits at #50 in the Zacks Industry Rank. Stocks in this group have gained about 41.4% so far this year, so FIX is performing better this group in terms of year-to-date returns.
On the other hand, Sterling Infrastructure belongs to the Engineering - R and D Services industry. This 22-stock industry is currently ranked #81. The industry has moved +41.2% year to date.
Investors with an interest in Construction stocks should continue to track Comfort Systems and Sterling Infrastructure. These stocks will be looking to continue their solid performance.
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Comfort Systems USA, Inc. (FIX): Free Stock Analysis Report
Sterling Infrastructure, Inc. (STRL): Free Stock Analysis Report