Comfort Systems USA - FIX Stock Forecast, Price & News

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 renovation, expansion, maintenance, monitoring, repair, and replacement 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. It serves building owners and developers, general contractors, architects, consulting engineers, and property managers in the commercial, industrial, and institutional MEP markets. Comfort Systems USA, Inc. was founded in 1917 and is headquartered in Houston, Texas.

Comfort Systems USA Price Performance

Shares of FIX Stock traded down $0.06 on Thursday, hitting $107.34. 90,833 shares of the company's stock were exchanged, compared to its average volume of 173,400. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.28 and a quick ratio of 1.25. Comfort Systems USA has a 12 month low of $67.91 and a 12 month high of $109.00. The stock has a market cap of $3.84 billion, a P/E ratio of 18.26 and a beta of 1.23. The company has a 50 day moving average of $90.35 and a 200 day moving average of $88.63.

Comfort Systems USA (NYSE:FIX - Get Rating) last posted its earnings results on Wednesday, July 27th. The construction company reported $1.17 EPS for the quarter, beating the consensus estimate of $1.03 by $0.14. The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $914.17 million. Comfort Systems USA had a return on equity of 18.99% and a net margin of 5.93%. The business's quarterly revenue was up 42.6% on a year-over-year basis. During the same period last year, the company earned $0.90 earnings per share. On average, equities research analysts predict that Comfort Systems USA will post 4.85 EPS for the current year.

Comfort Systems USA Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 29th. Investors of record on Thursday, August 18th will be paid a dividend of $0.14 per share. The ex-dividend date is Wednesday, August 17th. This represents a $0.56 annualized dividend and a yield of 0.52%. Comfort Systems USA's dividend payout ratio is currently 9.52%.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. DA Davidson upped their price objective on Comfort Systems USA from $100.00 to $114.00 in a report on Friday, July 29th. StockNews.com lowered Comfort Systems USA from a "strong-buy" rating to a "buy" rating in a report on Friday, August 5th.

Insider Buying and Selling

In related news, Director Herman E. Bulls sold 8,000 shares of the firm's stock in a transaction that occurred on Thursday, August 11th. The stock was sold at an average price of $103.44, for a total transaction of $827,520.00. Following the completion of the sale, the director now owns 60,669 shares of the company's stock, valued at $6,275,601.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Vance W. Tang sold 1,844 shares of Comfort Systems USA stock in a transaction that occurred on Monday, June 6th. The stock was sold at an average price of $92.34, for a total transaction of $170,274.96. Following the transaction, the director now owns 28,797 shares of the company's stock, valued at $2,659,114.98. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Herman E. Bulls sold 8,000 shares of Comfort Systems USA stock in a transaction that occurred on Thursday, August 11th. The shares were sold at an average price of $103.44, for a total value of $827,520.00. Following the transaction, the director now directly owns 60,669 shares in the company, valued at approximately $6,275,601.36. The disclosure for this sale can be found here. Insiders sold 41,564 shares of company stock valued at $4,294,923 over the last 90 days. Company insiders own 2.48% of the company's stock.