Skip to main content

Comfort Systems USA (FIX) Set to Announce Quarterly Earnings on Wednesday

Thursday, April 22, 2021 | MarketBeat

Comfort Systems USA (NYSE:FIX) is scheduled to be announcing its earnings results after the market closes on Wednesday, April 28th. Analysts expect the company to announce earnings of $0.56 per share for the quarter.

Comfort Systems USA (NYSE:FIX) last issued its quarterly earnings results on Thursday, February 25th. The construction company reported $0.99 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.83 by $0.16. The company had revenue of $698.96 million during the quarter, compared to the consensus estimate of $706.10 million. Comfort Systems USA had a return on equity of 21.36% and a net margin of 4.91%. On average, analysts expect Comfort Systems USA to post $4 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of FIX opened at $80.46 on Thursday. The stock has a fifty day moving average of $75.08 and a two-hundred day moving average of $59.71. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.22 and a current ratio of 1.24. The company has a market capitalization of $2.92 billion, a PE ratio of 20.95 and a beta of 1.05. Comfort Systems USA has a fifty-two week low of $27.54 and a fifty-two week high of $81.52.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 23rd. Shareholders of record on Friday, March 12th were issued a $0.115 dividend. The ex-dividend date was Thursday, March 11th. This is an increase from Comfort Systems USA's previous quarterly dividend of $0.11. This represents a $0.46 annualized dividend and a yield of 0.57%. Comfort Systems USA's payout ratio is 15.33%.

Separately, Zacks Investment Research upgraded Comfort Systems USA from a "hold" rating to a "buy" rating and set a $76.00 price target for the company in a report on Thursday, March 4th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of "Hold" and an average price target of $53.67.

In other news, CFO William George III sold 19,500 shares of the company's stock in a transaction on Tuesday, March 9th. The stock was sold at an average price of $73.11, for a total transaction of $1,425,645.00. Following the completion of the sale, the chief financial officer now directly owns 56,562 shares in the company, valued at approximately $4,135,247.82. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Chairman Franklin Myers acquired 2,000 shares of the company's stock in a transaction dated Monday, March 1st. The shares were purchased at an average price of $64.82 per share, with a total value of $129,640.00. Following the completion of the acquisition, the chairman now owns 276,288 shares in the company, valued at $17,908,988.16. The disclosure for this purchase can be found here. Insiders sold a total of 64,137 shares of company stock valued at $4,731,911 over the last quarter. 3.23% of the stock is currently owned by insiders.

Comfort Systems USA Company Profile

Comfort Systems USA, Inc provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It engages in the design, engineering, integration, installation, and start-up of mechanical, electrical, and plumbing (MEP) systems; and maintenance, repair, replacement, renovation, expansion, reconfiguration, and monitoring of existing buildings The company offers its services for heating, ventilation, and air conditioning (HVAC) systems, as well as plumbing, piping and controls, off-site construction, electrical, monitoring, and fire protection.

Featured Article: How are capital gains distributions different for tax-deferred account?

Earnings History for Comfort Systems USA (NYSE:FIX)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Featured Article: Environmental, Social, and Governance (ESG) Investing


7 Stocks to Support Your New Year’s Resolutions

After a year like 2020, many Americans figure that just getting to 2021 was enough. But for many people, the start of a new year still means making resolutions. And while many Americans are still waking up to Groundhog’s Day, there is hope that things will look dramatically different in September than they do right now.

Some of the most popular resolutions include losing weight, exercising more, or taking steps to get our life and/or business more organized. And many pure-play companies lean into these trends and are doing well.

As an alternative to this, you can also invest in companies that are not pure plays but can still benefit from consumers looking to start fresh. Owning these stocks helps you manage your risk. If the trend holds, you can ride the wave. On the other hand, if the wave turns into a ripple, the stocks have other catalysts to get them through.

In this special presentation, we’ll take a look at both of these categories. We’ve got several pure-play companies that let investors buy stocks in companies benefiting from these trends. We’ll also give you a few stocks that fall in the latter category.

These are stocks that you might buy at any time and for many reasons. However, they present excellent buys as the new year begins.

View the "7 Stocks to Support Your New Year’s Resolutions".


MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.