Equities analysts expect Comfort Systems USA, Inc. (NYSE:FIX) to report $444.30 million in sales for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Comfort Systems USA’s earnings, with estimates ranging from $441.60 million to $447.00 million. Comfort Systems USA posted sales of $392.10 million during the same quarter last year, which suggests a positive year over year growth rate of 13.3%. The firm is scheduled to report its next quarterly 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 fiscal year. For the next financial year, analysts expect that the business will post sales of $1.94 billion per share, with estimates ranging from $1.92 billion to $1.97 billion. Zacks’ sales calculations are an average based on a survey of sell-side analysts that cover Comfort Systems USA.

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

A number of research firms recently issued reports on FIX. Guggenheim downgraded shares of Comfort Systems USA from a “buy” rating to a “neutral” rating in a report on Friday, November 10th. Zacks Investment Research upgraded shares of Comfort Systems USA from a “sell” rating to a “hold” rating in a report on Wednesday, November 1st. DA Davidson boosted their target price on shares of Comfort Systems USA to $43.00 and gave the company a “neutral” rating in a report on Monday, October 30th. Finally, Gilford Securities downgraded shares of Comfort Systems USA from a “buy” rating to a “neutral” rating in a report on Friday, November 10th. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $63.00.

In other Comfort Systems USA news, Director Darcy Anderson sold 10,000 shares of Comfort Systems USA stock in a transaction that occurred on Monday, October 30th. The shares were sold at an average price of $42.75, for a total transaction of $427,500.00. Following the transaction, the director now directly owns 42,352 shares of the company’s stock, valued at $1,810,548. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP T Mckenna Trent sold 15,179 shares of Comfort Systems USA stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $41.85, for a total transaction of $635,241.15. Following the transaction, the vice president now directly owns 45,839 shares in the company, valued at $1,918,362.15. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 70,473 shares of company stock worth $2,986,454. 3.48% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently made changes to their positions in FIX. Russell Investments Group Ltd. lifted its position in Comfort Systems USA by 26.0% during the second quarter. Russell Investments Group Ltd. now owns 155,427 shares of the construction company’s stock valued at $5,767,000 after buying an additional 32,077 shares in the last quarter. Municipal Employees Retirement System of Michigan lifted its position in shares of Comfort Systems USA by 4.3% during the second quarter. Municipal Employees Retirement System of Michigan now owns 8,780 shares of the construction company’s stock worth $326,000 after purchasing an additional 360 shares in the last quarter. Great West Life Assurance Co. Can lifted its position in shares of Comfort Systems USA by 2.8% during the second quarter. Great West Life Assurance Co. Can now owns 53,173 shares of the construction company’s stock worth $1,970,000 after purchasing an additional 1,450 shares in the last quarter. Texas Permanent School Fund lifted its position in shares of Comfort Systems USA by 1.0% during the second quarter. Texas Permanent School Fund now owns 27,208 shares of the construction company’s stock worth $1,009,000 after purchasing an additional 268 shares in the last quarter. Finally, Sei Investments Co. lifted its position in shares of Comfort Systems USA by 956.7% during the second quarter. Sei Investments Co. now owns 15,164 shares of the construction company’s stock worth $562,000 after purchasing an additional 13,729 shares in the last quarter. 92.24% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Comfort Systems USA (FIX) opened at $43.05 on Tuesday. Comfort Systems USA has a twelve month low of $31.90 and a twelve month high of $44.67. The stock has a market cap of $1,607.91, a P/E ratio of 25.17, a P/E/G ratio of 2.43 and a beta of 1.27. 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 firm also recently declared a quarterly dividend, which was paid on Tuesday, November 21st. Shareholders of record on Friday, November 10th were given a dividend of $0.075 per share. The ex-dividend date was Thursday, November 9th. This represents a $0.30 dividend on an annualized basis and a yield of 0.70%. Comfort Systems USA’s dividend payout ratio (DPR) is 17.44%.

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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.

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