Comfort Systems USA (NYSE:FIX) Given New $465.00 Price Target at DA Davidson

Comfort Systems USA (NYSE:FIX - Get Free Report) had its price objective upped by investment analysts at DA Davidson from $440.00 to $465.00 in a research report issued on Monday,Benzinga reports. The brokerage currently has a "buy" rating on the construction company's stock. DA Davidson's price objective indicates a potential upside of 7.61% from the company's previous close. DA Davidson also issued estimates for Comfort Systems USA's Q2 2025 earnings at $4.82 EPS, FY2025 earnings at $19.88 EPS and FY2026 earnings at $21.00 EPS.

Other equities analysts have also issued research reports about the company. Stifel Nicolaus dropped their target price on Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating on the stock in a report on Monday, February 24th. Sidoti raised shares of Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 target price on the stock in a research report on Monday, February 24th. Finally, StockNews.com cut Comfort Systems USA from a "buy" rating to a "hold" rating in a research report on Thursday, April 17th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $517.60.

Comfort Systems USA Trading Up 3.4 %

FIX stock traded up $14.06 during mid-day trading on Monday, hitting $432.11. 444,239 shares of the company were exchanged, compared to its average volume of 442,268. Comfort Systems USA has a 12-month low of $272.93 and a 12-month high of $553.09. The firm has a market capitalization of $15.24 billion, a P/E ratio of 29.58 and a beta of 1.27. The business has a fifty day simple moving average of $349.33 and a 200-day simple moving average of $412.03. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.04.

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

Insiders Place Their Bets

In related news, Director Vance W. Tang sold 500 shares of the stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $422.00, for a total value of $211,000.00. Following the sale, the director now directly owns 4,998 shares of the company's stock, valued at approximately $2,109,156. This represents a 9.09 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.59% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Comfort Systems USA

Hedge funds and other institutional investors have recently modified their holdings of the company. Tradewinds Capital Management LLC grew its holdings 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 worth $26,000 after purchasing an additional 27 shares during the period. Versant Capital Management Inc increased its holdings in Comfort Systems USA by 257.1% in the first quarter. Versant Capital Management Inc now owns 100 shares of the construction company's stock valued at $32,000 after buying an additional 72 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Comfort Systems USA by 1,925.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 81 shares of the construction company's stock worth $34,000 after purchasing an additional 77 shares during the period. Whittier Trust Co. of Nevada Inc. boosted its stake in Comfort Systems USA by 54.4% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 105 shares of the construction company's stock valued at $34,000 after acquiring an additional 37 shares during the period. Finally, Harbor Investment Advisory LLC lifted its stake in Comfort Systems USA by 183.3% in the fourth quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company's stock valued at $36,000 after buying an additional 55 shares during the last quarter. 96.51% of the stock is currently owned by hedge funds and other institutional investors.

About Comfort Systems USA

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.