DA Davidson Expects Higher Earnings for Comfort Systems USA

Comfort Systems USA, Inc. (NYSE:FIX - Free Report) - Stock analysts at DA Davidson lifted their FY2026 earnings per share (EPS) estimates for shares of Comfort Systems USA in a research report issued to clients and investors on Monday, April 28th. DA Davidson analyst B. Thielman now forecasts that the construction company will post earnings of $21.00 per share for the year, up from their previous forecast of $20.35. DA Davidson has a "Buy" rating and a $465.00 price target on the stock. The consensus estimate for Comfort Systems USA's current full-year earnings is $16.85 per share.

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

FIX has been the topic of a number of other research reports. StockNews.com downgraded Comfort Systems USA from a "buy" rating to a "hold" rating in a research report on Thursday, April 17th. Stifel Nicolaus decreased their price target on Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating on the stock in a research report on Monday, February 24th. Finally, Sidoti raised shares of Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 price objective for the company in a research report on Monday, February 24th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Comfort Systems USA currently has a consensus rating of "Moderate Buy" and a consensus target price of $517.60.

Comfort Systems USA Stock Performance

Shares of NYSE:FIX traded up $14.06 on Tuesday, reaching $432.11. 444,239 shares of the company's stock were exchanged, compared to its average volume of 442,583. Comfort Systems USA has a twelve month low of $272.93 and a twelve month high of $553.09. The company has a fifty day moving average of $349.33 and a 200-day moving average of $412.02. The company has a market capitalization of $15.24 billion, a price-to-earnings ratio of 29.58 and a beta of 1.27. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04.

Comfort Systems USA Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Friday, May 16th will be paid a $0.45 dividend. This is an increase from Comfort Systems USA's previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.42%. The ex-dividend date is Friday, May 16th. Comfort Systems USA's dividend payout ratio (DPR) is presently 10.80%.

Insider Activity at Comfort Systems USA

In other Comfort Systems USA news, Director Vance W. Tang sold 500 shares of the firm's stock in a transaction that occurred on 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 owns 4,998 shares in the company, valued at $2,109,156. This trade represents a 9.09 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 1.59% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Comfort Systems USA

Several hedge funds have recently modified their holdings of the company. Consolidated Planning Corp boosted its stake in shares of Comfort Systems USA by 49.0% during the fourth quarter. Consolidated Planning Corp now owns 4,783 shares of the construction company's stock valued at $2,028,000 after purchasing an additional 1,573 shares in the last quarter. Diversified Trust Co bought a new position in Comfort Systems USA in the 4th quarter valued at approximately $2,998,000. Raymond James Financial Inc. bought a new stake in Comfort Systems USA during the 4th quarter worth approximately $39,038,000. BOCHK Asset Management Ltd acquired a new position in Comfort Systems USA in the 4th quarter valued at approximately $509,000. Finally, HB Wealth Management LLC acquired a new position in Comfort Systems USA in the 4th quarter valued at approximately $292,000. Institutional investors and hedge funds own 96.51% of the company's stock.

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.