Analysts expect Comfort Systems USA, Inc. (NYSE:FIX) to post sales of $444.30 million for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Comfort Systems USA’s earnings. The lowest sales estimate is $441.60 million and the highest is $447.00 million. Comfort Systems USA reported sales of $392.10 million during the same quarter last year, which would suggest a positive year over year growth rate of 13.3%. The business is scheduled to issue its next earnings report on Thursday, February 22nd.

According to Zacks, analysts expect that Comfort Systems USA will report full year sales of $444.30 million for the current year. For the next year, analysts anticipate that the business will report sales of $1.94 billion per share, with estimates ranging from $1.92 billion to $1.97 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that follow Comfort Systems USA.

Comfort Systems USA (NYSE:FIX) last posted its earnings results on Thursday, October 26th. The construction company reported $0.59 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.57 by $0.02. The firm had revenue of $480.85 million for the quarter, compared to the consensus estimate of $469.53 million. Comfort Systems USA had a net margin of 3.76% and a return on equity of 16.49%. The business’s quarterly revenue was up 12.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.54 earnings per share.

Several research firms recently weighed in on FIX. Guggenheim cut shares of Comfort Systems USA from a “buy” rating to a “neutral” rating in a research note on Friday, November 10th. Zacks Investment Research upgraded shares of Comfort Systems USA from a “sell” rating to a “hold” rating in a research note on Wednesday, September 27th. Gilford Securities lowered shares of Comfort Systems USA from a “buy” rating to a “neutral” rating in a report on Friday, November 10th. Finally, DA Davidson raised their price objective on shares of Comfort Systems USA to $43.00 and gave the stock a “neutral” rating in a report on Monday, October 30th. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $63.00.

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Shares of Comfort Systems USA (NYSE:FIX) opened at $42.00 on Friday. The stock has a market capitalization of $1,559.64, a PE ratio of 24.42, a PEG ratio of 2.35 and a beta of 1.31. Comfort Systems USA has a 1 year low of $31.80 and a 1 year high of $44.67. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.33 and a quick ratio of 1.30.

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 21st. Investors of record on Friday, November 10th were issued a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date was Thursday, November 9th. Comfort Systems USA’s dividend payout ratio is currently 17.44%.

In other Comfort Systems USA news, Director Alan Krusi sold 2,000 shares of Comfort Systems USA stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $43.24, for a total transaction of $86,480.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Julie Shaeff sold 15,905 shares of Comfort Systems USA stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $42.65, for a total transaction of $678,348.25. Following the sale, the insider now directly owns 35,472 shares of the company’s stock, valued at approximately $1,512,880.80. The disclosure for this sale can be found here. In the last three months, insiders sold 35,905 shares of company stock valued at $1,530,088. 3.48% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in FIX. California Public Employees Retirement System boosted its position in shares of Comfort Systems USA by 4.7% during the first quarter. California Public Employees Retirement System now owns 33,400 shares of the construction company’s stock worth $1,224,000 after purchasing an additional 1,500 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Comfort Systems USA by 3.1% during the first quarter. Geode Capital Management LLC now owns 282,857 shares of the construction company’s stock worth $10,366,000 after purchasing an additional 8,402 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its position in shares of Comfort Systems USA by 11.0% during the first quarter. Schwab Charles Investment Management Inc. now owns 223,873 shares of the construction company’s stock worth $8,205,000 after purchasing an additional 22,212 shares in the last quarter. State Street Corp boosted its position in shares of Comfort Systems USA by 5.3% during the first quarter. State Street Corp now owns 891,060 shares of the construction company’s stock worth $32,661,000 after purchasing an additional 45,139 shares in the last quarter. Finally, Credit Suisse AG boosted its position in shares of Comfort Systems USA by 52.8% during the first quarter. Credit Suisse AG now owns 62,890 shares of the construction company’s stock worth $2,305,000 after purchasing an additional 21,739 shares in the last quarter. 91.94% of the stock is currently owned by institutional investors.

Comfort Systems USA Company Profile

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.

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