Comfort Systems ( (FIX) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Comfort Systems USA’s stock price experienced unusual movement due to the company’s impressive financial results for Q4. They reported revenues of $1.87 billion, exceeding expectations of $1.77 billion, and a significant increase in their backlog to $5.99 billion by the end of 2024. This growth signals strong demand and positive future prospects, with per share earnings soaring by over 60% from the previous year. CEO Brian Lane credited the outstanding performance to the hard work of their teams nationwide. These robust results have influenced recent price target evaluations, highlighting the company’s promising growth and operational achievements.
More about Comfort Systems
YTD Price Performance: -7.62%
Average Trading Volume: 410,721
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $14.04B
For further insights into FIX stock on TipRanks’ Stock Analysis page.
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