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Yahoo
3 days ago
- Business
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Comfort Systems (FIX) Is Up 6.75% in One Week: What You Should Know
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Comfort Systems (FIX), which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Comfort Systems currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> In order to see if FIX is a promising momentum pick, let's examine some Momentum Style elements to see if this heating, ventilation and air conditioning company holds up. A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area. For FIX, shares are up 6.75% over the past week while the Zacks Building Products - Air Conditioner and Heating industry is up 0.41% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 10.95% compares favorably with the industry's 0.18% performance as well. While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Over the past quarter, shares of Comfort Systems have risen 44.75%, and are up 63.11% in the last year. In comparison, the S&P 500 has only moved 4.46% and 13.71%, respectively. Investors should also pay attention to FIX's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. FIX is currently averaging 338,798 shares for the last 20 days. The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with FIX. Over the past two months, 2 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost FIX's consensus estimate, increasing from $17.87 to $19.28 in the past 60 days. Looking at the next fiscal year, 2 estimates have moved upwards while there have been no downward revisions in the same time period. Taking into account all of these elements, it should come as no surprise that FIX is a #1 (Strong Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Comfort Systems on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Comfort Systems USA, Inc. (FIX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
05-06-2025
- Business
- Yahoo
Are You Looking for a Top Momentum Pick? Why Construction Partners (ROAD) is a Great Choice
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Construction Partners (ROAD), a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Construction Partners currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> Let's discuss some of the components of the Momentum Style Score for ROAD that show why this road and highway construction company shows promise as a solid momentum pick. A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area. For ROAD, shares are up 2.1% over the past week while the Zacks Building Products - Miscellaneous industry is up 0.06% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 15.7% compares favorably with the industry's 2.55% performance as well. While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Over the past quarter, shares of Construction Partners have risen 49.11%, and are up 84.36% in the last year. In comparison, the S&P 500 has only moved 3.59% and 14.21%, respectively. Investors should also take note of ROAD's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, ROAD is averaging 501,201 shares for the last 20 days. The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with ROAD. Over the past two months, 3 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost ROAD's consensus estimate, increasing from $1.96 to $2.14 in the past 60 days. Looking at the next fiscal year, 2 estimates have moved upwards while there have been 1 downward revision in the same time period. Given these factors, it shouldn't be surprising that ROAD is a #2 (Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Construction Partners on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Construction Partners, Inc. (ROAD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
Dycom Industries (DY) Q1 Earnings and Revenues Surpass Estimates
Dycom Industries (DY) came out with quarterly earnings of $2.09 per share, beating the Zacks Consensus Estimate of $1.60 per share. This compares to earnings of $2.12 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 30.62%. A quarter ago, it was expected that this provider of specialty contracting services would post earnings of $0.91 per share when it actually produced earnings of $1.17, delivering a surprise of 28.57%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Dycom Industries , which belongs to the Zacks Building Products - Heavy Construction industry, posted revenues of $1.26 billion for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 5%. This compares to year-ago revenues of $1.14 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Dycom Industries shares have added about 11.2% since the beginning of the year versus the S&P 500's gain of 1%. While Dycom Industries has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Dycom Industries: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $2.76 on $1.35 billion in revenues for the coming quarter and $9.25 on $5.2 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Building Products - Heavy Construction is currently in the top 1% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the broader Zacks Construction sector, Lennar (LEN), is yet to report results for the quarter ended May 2025. This homebuilder is expected to post quarterly earnings of $1.98 per share in its upcoming report, which represents a year-over-year change of -41.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Lennar's revenues are expected to be $8.3 billion, down 5.3% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dycom Industries, Inc. (DY) : Free Stock Analysis Report Lennar Corporation (LEN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-05-2025
- Business
- Yahoo
Toll Brothers (TOL) Surpasses Q2 Earnings and Revenue Estimates
Toll Brothers (TOL) came out with quarterly earnings of $3.50 per share, beating the Zacks Consensus Estimate of $2.86 per share. This compares to earnings of $3.38 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 22.38%. A quarter ago, it was expected that this home builder would post earnings of $1.99 per share when it actually produced earnings of $1.75, delivering a surprise of -12.06%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Toll Brothers , which belongs to the Zacks Building Products - Home Builders industry, posted revenues of $2.74 billion for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 9.54%. This compares to year-ago revenues of $2.84 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Toll Brothers shares have lost about 15.8% since the beginning of the year versus the S&P 500's gain of 1.4%. While Toll Brothers has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Toll Brothers: unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $4.09 on $2.94 billion in revenues for the coming quarter and $13.66 on $10.82 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Building Products - Home Builders is currently in the bottom 6% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Lennar (LEN), is yet to report results for the quarter ended May 2025. This homebuilder is expected to post quarterly earnings of $1.98 per share in its upcoming report, which represents a year-over-year change of -41.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Lennar's revenues are expected to be $8.3 billion, down 5.3% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Toll Brothers Inc. (TOL) : Free Stock Analysis Report Lennar Corporation (LEN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
20-05-2025
- Business
- Yahoo
MasTec Gains 18% in 3 Months: Should Investors Buy the Stock Now?
Shares of MasTec, Inc. MTZ have gained 18.8% over the past three months, outperforming 7.1% growth in the Zacks Building Products - Heavy Construction industry. The stock has also surpassed the broader Construction sector's rise of 0.8% and the S&P 500 index's 3% fall during the same Coral Gables, FL-based leading infrastructure construction company recently reported first-quarter 2025 results, with earnings and revenues beating the Zacks Consensus Estimate. The company's top line increased 6% year over year, supported by strong non-pipeline performance, growth in the pipeline market and a solid backlog that is also supporting end-market growth. Owing to strong momentum and progress in the non-pipeline business, the company raised its 2025 guidance. (read more: MasTec Q1 Earnings & Revenues Beat, 2025 Guidance Raised) Image Source: Zacks Investment Research The MTZ stock has outperformed some other players in the past three months, including AECOM ACM, EMCOR Group, Inc. EME and Fluor Corporation FLR. In the said time frame, AECOM and EMCOR have gained 9.7% and 10%, respectively, while Fluor has declined 3.4%.Let us take a closer look at the factors driving MasTec's recent gain and what this may signal for the stock going forward. MasTec's focus on expanding its non-pipeline segments has helped balance the performance across the business. Strong activity in communications, power and clean energy has supported steady growth, even amid softness in the pipeline segment. Non-pipeline revenues grew 21% year over year in the first quarter, supported by the demand for broadband infrastructure, grid modernization and clean energy projects. Backed by strong performance in non-pipeline operations, the company is positioned for steady growth in 2025 and the long term. The Communications Segment shows steady demand for wireless and wireline infrastructure. Growth is driven by broadband expansion and increasing data center investments. The segment benefits from a broad customer base and ongoing technology upgrades, reflecting stable market the first quarter, revenues increased from most of the company's top 10 customers. The wireless business grew due to a wider geographic reach and a broader range of services. Demand for wireline services remains supported by broadband build-outs and federal funding. Growth in middle-mile broadband and increased hyperscaler spending on data centers is driving fiber demand. Project opportunities show no significant impact of macro concerns related to AI power usage. The company's data center work spans multiple segments and is coordinated through a central office for effective customer outreach. The company continues to benefit from strong backlog trends, supported by its diversified business model and steady demand across key markets. The company's ability to secure new contracts across multiple segments is providing revenue visibility and reinforcing its growth of March 31, 2025, MasTec had an 18-month backlog of $15.88 billion, up 23.7% year over year and 11% sequentially. This upside was driven by strong bookings across all four segments, most significantly by Pipeline Infrastructure. The ability to secure new contracts across multiple infrastructure verticals has reinforced MasTec's long-term growth potential. Despite tariff-driven material inflation and potential changes in federal renewable support, the Clean Energy and Infrastructure segment remains strong. The company views renewables as a competitive and viable source of clean power for the future. Backlog for this segment increased sequentially to a record level of $4.4 some timing headwinds may arise from changes to the IRA and other policies, the current administration's pro-energy stance and efforts to reduce regulations can speed up project permitting. Moreover, the company does not see significant risks to its 2025 business outlook. Wall Street analysts remain optimistic about MTZ's earnings potential. Over the past 30 days, earnings estimates for 2025 have been revised upward to $6.12 from $5.55, as shown below. The estimated figure indicates growth of 54.9% from that reported a year ago. Image Source: Zacks Investment Research As MasTec has outperformed the industry in the past three months, its valuation looks a bit stretched compared with the industry average. Looking at the company's forward 12-month Price/Earnings ratio (P/E F12M), it is currently overvalued compared with the industry, as shown in the chart below. A high valuation raises concerns about the sustainability of its current price if the company's future performance does not meet investors' expectations. Image Source: Zacks Investment Research MTZ demonstrates strong growth, supported by a solid backlog and diversification across key business segments, including communications and clean energy. While some challenges remain concerning, such as softness in the pipeline segment and regulatory uncertainties, the company's earnings outlook has seen positive revisions for a Zacks Rank #2 (Buy) at present, MasTec is an attractive investment, offering compelling growth potential in the infrastructure sector. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fluor Corporation (FLR) : Free Stock Analysis Report AECOM (ACM) : Free Stock Analysis Report EMCOR Group, Inc. (EME) : Free Stock Analysis Report MasTec, Inc. (MTZ) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
