Comfort Systems USA (FIX) to Release Earnings on Thursday

Comfort Systems USA (NYSE:FIXGet Free Report) is scheduled to be releasing its earnings data after the market closes on Thursday, April 25th. Analysts expect Comfort Systems USA to post earnings of $2.26 per share for the quarter.

Comfort Systems USA (NYSE:FIXGet Free Report) last announced its quarterly earnings data on Friday, February 23rd. The construction company reported $2.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.15 by $0.40. Comfort Systems USA had a return on equity of 26.99% and a net margin of 6.21%. The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same period in the prior year, the business earned $1.54 EPS. The business’s revenue for the quarter was up 21.5% on a year-over-year basis. On average, analysts expect Comfort Systems USA to post $11 EPS for the current fiscal year and $13 EPS for the next fiscal year.

Comfort Systems USA Trading Down 0.1 %

NYSE:FIX opened at $290.50 on Monday. The stock has a market cap of $10.37 billion, a PE ratio of 32.28 and a beta of 1.19. Comfort Systems USA has a fifty-two week low of $129.77 and a fifty-two week high of $335.25. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.11 and a quick ratio of 1.07. The stock’s 50-day moving average is $297.34 and its two-hundred day moving average is $230.54.

Comfort Systems USA Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 19th. Investors of record on Friday, March 8th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.34%. The ex-dividend date of this dividend was Thursday, March 7th. Comfort Systems USA’s payout ratio is presently 11.11%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. StockNews.com upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Thursday, April 4th. UBS Group increased their price objective on Comfort Systems USA from $208.00 to $254.00 and gave the stock a “neutral” rating in a report on Thursday, February 15th. DA Davidson boosted their target price on Comfort Systems USA from $200.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, February 28th. Finally, KeyCorp initiated coverage on Comfort Systems USA in a research note on Wednesday, January 10th. They set a “sector weight” rating for the company.

View Our Latest Report on FIX

Insider Buying and Selling

In other Comfort Systems USA news, Director Pablo G. Mercado sold 1,200 shares of the firm’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $283.17, for a total transaction of $339,804.00. Following the transaction, the director now directly owns 11,038 shares in the company, valued at $3,125,630.46. The transaction was disclosed in a filing with the SEC, which is available through this link. In related news, Director Constance Ellen Skidmore sold 3,000 shares of Comfort Systems USA stock in a transaction on Monday, March 11th. The shares were sold at an average price of $299.96, for a total value of $899,880.00. Following the transaction, the director now owns 13,787 shares in the company, valued at approximately $4,135,548.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Pablo G. Mercado sold 1,200 shares of the company’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $283.17, for a total transaction of $339,804.00. Following the sale, the director now owns 11,038 shares of the company’s stock, valued at $3,125,630.46. The disclosure for this sale can be found here. Over the last three months, insiders sold 46,614 shares of company stock worth $13,739,345. Corporate insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Comfort Systems USA

Several large investors have recently made changes to their positions in the business. Parkside Financial Bank & Trust increased its stake in Comfort Systems USA by 16.3% during the second quarter. Parkside Financial Bank & Trust now owns 514 shares of the construction company’s stock valued at $84,000 after acquiring an additional 72 shares during the period. Cambridge Investment Research Advisors Inc. raised its stake in shares of Comfort Systems USA by 1.8% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 4,477 shares of the construction company’s stock valued at $653,000 after purchasing an additional 80 shares in the last quarter. State of Wyoming lifted its position in Comfort Systems USA by 3.8% in the fourth quarter. State of Wyoming now owns 2,216 shares of the construction company’s stock worth $255,000 after purchasing an additional 82 shares during the period. The Manufacturers Life Insurance Company lifted its position in Comfort Systems USA by 0.6% in the second quarter. The Manufacturers Life Insurance Company now owns 14,277 shares of the construction company’s stock worth $2,344,000 after purchasing an additional 90 shares during the period. Finally, O Shaughnessy Asset Management LLC boosted its stake in Comfort Systems USA by 1.8% during the first quarter. O Shaughnessy Asset Management LLC now owns 5,068 shares of the construction company’s stock worth $740,000 after buying an additional 91 shares in the last quarter. Institutional investors and hedge funds own 96.51% of the company’s stock.

About Comfort Systems USA

(Get Free Report)

Comfort Systems USA, Inc, together with its subsidiaries, provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It operates through two segments, Mechanical and Electrical. The company offers heating, ventilation, and air conditioning systems, as well as plumbing, electrical, piping and controls, off-site construction, monitoring, and fire protection.

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Earnings History for Comfort Systems USA (NYSE:FIX)

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