Comfort Systems USA Downgraded to “Neutral” at Zacks (FIX)
Comfort Systems USA (NYSE:FIX) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a report issued on Wednesday, Stock Ratings News reports. They currently have a $22.20 target price on the stock. Zacks‘ price objective suggests a potential upside of 14.49% from the stock’s previous close.
A number of other firms have also recently commented on FIX. Analysts at KeyCorp downgraded shares of Comfort Systems USA from a “buy” rating to a “hold” rating in a research note to investors on Monday, November 25th. They now have a $21.00 price target on the stock. Separately, analysts at Sidoti initiated coverage on shares of Comfort Systems USA in a research note to investors on Friday, November 22nd. They set a “buy” rating on the stock. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Comfort Systems USA currently has a consensus rating of “Hold” and a consensus target price of $21.40.
Shares of Comfort Systems USA (NYSE:FIX) traded up 0.26% during mid-day trading on Wednesday, hitting $19.39. The stock had a trading volume of 221,242 shares. Comfort Systems USA has a 52 week low of $11.66 and a 52 week high of $20.95. The stock has a 50-day moving average of $19.6 and a 200-day moving average of $17.25. The company has a market cap of $723.1 million and a price-to-earnings ratio of 27.87.
Comfort Systems USA (NYSE:FIX) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.30 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.19 by $0.11. The company had revenue of $350.00 million for the quarter, compared to the consensus estimate of $344.37 million. During the same quarter in the previous year, the company posted $0.15 earnings per share. The company’s revenue for the quarter was up 4.4% on a year-over-year basis.
Comfort Systems USA, Inc provides heating, ventilation and air conditioning (NYSE:FIX) installation, maintenance, repairs and replacement services within the mechanical services industry.
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