Comfort Systems USA (FIX) Scheduled to Post Earnings on Thursday

Comfort Systems USA (NYSE:FIX - Get 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. Persons interested in listening to the company's earnings conference call can do so using this link.

Comfort Systems USA (NYSE:FIX - Get Free Report) last announced its earnings results on Friday, February 23rd. The construction company reported $2.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.40. Comfort Systems USA had a net margin of 6.21% and a return on equity of 26.99%. The business had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same quarter last year, the business earned $1.54 earnings per share. The company's revenue for the quarter was up 21.5% compared to the same quarter last year. 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 Price Performance

Shares of FIX traded up $4.45 during mid-day trading on Monday, hitting $295.18. 228,748 shares of the company were exchanged, compared to its average volume of 350,346. The stock has a market cap of $10.53 billion, a price-to-earnings ratio of 32.80 and a beta of 1.19. Comfort Systems USA has a 1-year low of $129.77 and a 1-year high of $335.25. The company has a 50 day moving average of $298.37 and a 200-day moving average of $231.45. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.07 and a current ratio of 1.11.

Comfort Systems USA Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 19th. Shareholders of record on Friday, March 8th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $1.00 annualized dividend and a yield of 0.34%. Comfort Systems USA's dividend payout ratio (DPR) is currently 11.11%.

Analyst Ratings Changes

FIX has been the subject of a number of research reports. KeyCorp assumed coverage on shares of Comfort Systems USA in a report on Wednesday, January 10th. They set a "sector weight" rating for the company. DA Davidson upped their price target on Comfort Systems USA from $200.00 to $350.00 and gave the company a "buy" rating in a research report on Wednesday, February 28th. UBS Group upped their target price on Comfort Systems USA from $208.00 to $254.00 and gave the company a "neutral" rating in a report on Thursday, February 15th. Finally, StockNews.com upgraded Comfort Systems USA from a "hold" rating to a "buy" rating in a report on Thursday, April 4th.

Insider Buying and Selling

In related news, Director Darcy Anderson sold 3,800 shares of the stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $316.60, for a total transaction of $1,203,080.00. Following the transaction, the director now owns 43,741 shares of the company's stock, valued at approximately $13,848,400.60. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, Director Darcy Anderson sold 3,800 shares of the stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $316.60, for a total transaction of $1,203,080.00. Following the transaction, the director now owns 43,741 shares of the company's stock, valued at approximately $13,848,400.60. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO William George III sold 8,429 shares of the stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $278.95, for a total value of $2,351,269.55. Following the completion of the sale, the chief financial officer now directly owns 62,471 shares in the company, valued at approximately $17,426,285.45. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 46,614 shares of company stock valued at $13,739,345. Corporate insiders own 1.80% of the company's stock.

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.