Brokerages Set Comfort Systems USA, Inc. (NYSE:FIX) Price Target at $530.75

Shares of Comfort Systems USA, Inc. (NYSE:FIX - Get Free Report) have been assigned a consensus rating of "Buy" from the five analysts that are currently covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a buy rating. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $517.60.

A number of research analysts have weighed in on FIX shares. StockNews.com lowered Comfort Systems USA from a "buy" rating to a "hold" rating in a report on Thursday, April 17th. Sidoti raised shares of Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 price target on the stock in a research note on Monday, February 24th. DA Davidson upped their price objective on shares of Comfort Systems USA from $440.00 to $465.00 and gave the company a "buy" rating in a research note on Monday. Finally, Stifel Nicolaus decreased their target price on shares of Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating on the stock in a research note on Monday, February 24th.

Comfort Systems USA Price Performance

Comfort Systems USA stock traded up $30.60 during midday trading on Monday, reaching $428.15. The company had a trading volume of 195,068 shares, compared to its average volume of 439,372. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02. Comfort Systems USA has a 12-month low of $272.93 and a 12-month high of $553.09. The company has a market capitalization of $15.13 billion, a P/E ratio of 29.33 and a beta of 1.27. The firm's fifty day simple moving average is $346.85 and its 200-day simple moving average is $411.91.

Comfort Systems USA (NYSE:FIX - Get Free Report) last released its earnings results on Thursday, April 24th. The construction company reported $4.75 earnings per share for the quarter, beating the consensus estimate of $3.66 by $1.09. The business had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.77 billion. Comfort Systems USA had a return on equity of 35.28% and a net margin of 7.43%. The business's quarterly revenue was up 19.1% compared to the same quarter last year. During the same quarter last year, the business posted $2.69 earnings per share. As a group, equities analysts anticipate that Comfort Systems USA will post 16.85 EPS for the current year.

Comfort Systems USA Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 27th. Investors of record on Friday, May 16th will be given a dividend of $0.45 per share. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a yield of 0.42%. The ex-dividend date is Friday, May 16th. Comfort Systems USA's dividend payout ratio (DPR) is presently 10.80%.

Hedge Funds Weigh In On Comfort Systems USA

Institutional investors and hedge funds have recently bought and sold shares of the company. Tradewinds Capital Management LLC raised its position in shares of Comfort Systems USA by 49.1% during the 1st quarter. Tradewinds Capital Management LLC now owns 82 shares of the construction company's stock valued at $26,000 after buying an additional 27 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its stake in Comfort Systems USA by 28.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 126 shares of the construction company's stock worth $53,000 after acquiring an additional 28 shares during the last quarter. Dakota Wealth Management raised its position in Comfort Systems USA by 3.8% in the fourth quarter. Dakota Wealth Management now owns 788 shares of the construction company's stock valued at $334,000 after purchasing an additional 29 shares during the period. Private Trust Co. NA raised its position in Comfort Systems USA by 41.3% in the fourth quarter. Private Trust Co. NA now owns 106 shares of the construction company's stock valued at $45,000 after purchasing an additional 31 shares during the period. Finally, Trust Point Inc. lifted its stake in shares of Comfort Systems USA by 1.8% in the 4th quarter. Trust Point Inc. now owns 1,827 shares of the construction company's stock valued at $775,000 after purchasing an additional 32 shares during the last quarter. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Comfort Systems USA Company Profile

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.