Comfort Systems USA, Inc. (NYSE:FIX) has been given a consensus recommendation of “Hold” by the seven analysts that are currently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $59.50.

Several equities research analysts have recently weighed in on FIX shares. Guggenheim started coverage on shares of Comfort Systems USA in a research note on Tuesday, April 11th. They set a “buy” rating for the company. Zacks Investment Research downgraded shares of Comfort Systems USA from a “buy” rating to a “hold” rating in a research note on Monday, May 1st. Jefferies Group LLC increased their target price on shares of Comfort Systems USA from $80.00 to $83.00 and gave the stock a “hold” rating in a research note on Wednesday, May 3rd. Finally, BidaskClub downgraded shares of Comfort Systems USA from a “sell” rating to a “strong sell” rating in a research note on Friday, June 23rd.

In related news, Director Alan Krusi sold 3,000 shares of the firm’s stock in a transaction dated Thursday, April 27th. The shares were sold at an average price of $36.22, for a total value of $108,660.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO William George III sold 28,396 shares of the firm’s stock in a transaction dated Tuesday, May 2nd. The shares were sold at an average price of $36.54, for a total transaction of $1,037,589.84. Following the completion of the sale, the chief financial officer now owns 50,062 shares of the company’s stock, valued at approximately $1,829,265.48. The disclosure for this sale can be found here. 3.49% of the stock is owned by company insiders.

A number of large investors have recently made changes to their positions in the stock. BlackRock Inc. increased its stake in shares of Comfort Systems USA by 63,201.2% in the first quarter. BlackRock Inc. now owns 5,067,895 shares of the construction company’s stock worth $185,736,000 after buying an additional 5,059,889 shares during the last quarter. State Street Corp increased its stake in shares of Comfort Systems USA by 5.3% in the first quarter. State Street Corp now owns 891,060 shares of the construction company’s stock worth $32,661,000 after buying an additional 45,139 shares during the last quarter. Copper Rock Capital Partners LLC increased its stake in shares of Comfort Systems USA by 2.0% in the first quarter. Copper Rock Capital Partners LLC now owns 784,722 shares of the construction company’s stock worth $28,172,000 after buying an additional 15,665 shares during the last quarter. Renaissance Technologies LLC increased its stake in shares of Comfort Systems USA by 4.1% in the first quarter. Renaissance Technologies LLC now owns 777,500 shares of the construction company’s stock worth $28,495,000 after buying an additional 30,800 shares during the last quarter. Finally, Neumeier Poma Investment Counsel LLC increased its stake in shares of Comfort Systems USA by 61.2% in the first quarter. Neumeier Poma Investment Counsel LLC now owns 646,950 shares of the construction company’s stock worth $23,711,000 after buying an additional 245,725 shares during the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.

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Comfort Systems USA (FIX) traded down 0.748% during trading on Friday, hitting $36.475. The company’s stock had a trading volume of 37,515 shares. Comfort Systems USA has a one year low of $26.05 and a one year high of $39.67. The company has a 50-day moving average of $35.86 and a 200 day moving average of $35.23. The firm has a market cap of $1.36 billion, a PE ratio of 21.960 and a beta of 1.29.

Comfort Systems USA (NYSE:FIX) last announced its earnings results on Wednesday, April 26th. The construction company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.25 by $0.05. Comfort Systems USA had a return on equity of 16.94% and a net margin of 3.84%. The business had revenue of $380.60 million for the quarter, compared to analyst estimates of $405.43 million. During the same quarter last year, the company posted $0.26 EPS. Comfort Systems USA’s quarterly revenue was down 1.4% on a year-over-year basis. On average, equities analysts forecast that Comfort Systems USA will post $1.82 earnings per share for the current year.

About Comfort Systems USA

Comfort Systems USA, Inc is a provider of mechanical contracting services, which principally includes heating, ventilation and air conditioning (HVAC), plumbing, piping and controls, as well as off-site construction, electrical, monitoring and fire protection. As of December 31, 2016, the Company installed, maintained, repaired and replaced products and systems throughout its 35 operating units in 84 cities and 91 locations throughout the United States.

Analyst Recommendations for Comfort Systems USA (NYSE:FIX)

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