Comfort Systems USA (FIX) Posts Quarterly Earnings Results, Misses Expectations By $0.08 EPS
Comfort Systems USA (NYSE:FIX) issued its quarterly earnings data on Wednesday. The company reported $0.13 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.21 by $0.08, AnalystRatingsNetwork.com reports. The company had revenue of $362.80 million for the quarter, compared to the consensus estimate of $372.83 million. During the same quarter in the prior year, the company posted $0.21 earnings per share. The company’s quarterly revenue was up 3.3% on a year-over-year basis.
On a related note, analysts at Davidson raised their price target on shares of Comfort Systems USA from $17.00 to $18.00 in a research note on Friday, May 2nd. They now have a “buy” rating on the stock. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $19.16.
Comfort Systems USA (NYSE:FIX) traded up 0.32% on Wednesday, hitting $15.66. The stock had a trading volume of 144,937 shares. Comfort Systems USA has a one year low of $14.04 and a one year high of $20.95. The stock’s 50-day moving average is $15.88 and its 200-day moving average is $16.12. The company has a market cap of $588.5 million and a price-to-earnings ratio of 23.40.
The company also recently announced a quarterly dividend, which is scheduled for Friday, August 22nd. Investors of record on Tuesday, August 12th will be paid a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a dividend yield of 1.40%.
Comfort Systems USA, Inc provides heating, ventilation and air conditioning (NYSE:FIX) installation, maintenance, repairs and replacement services within the mechanical services industry.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.