News headlines about Comfort Systems USA (NYSE:FIX) have trended somewhat positive on Thursday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Comfort Systems USA earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave news coverage about the construction company an impact score of 45.7971452400823 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Separately, Zacks Investment Research upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating and set a $50.00 target price for the company in a research report on Wednesday, December 27th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $58.00.
FIX opened at $42.85 on Thursday. The company has a quick ratio of 1.28, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $1,548.34, a price-to-earnings ratio of 24.63, a P/E/G ratio of 1.75 and a beta of 1.13. Comfort Systems USA has a 1-year low of $31.90 and a 1-year high of $44.80.
Comfort Systems USA (NYSE:FIX) last posted its quarterly earnings data on Thursday, February 22nd. The construction company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.51 by ($0.06). The company had revenue of $461.10 million during the quarter, compared to analyst estimates of $445.85 million. Comfort Systems USA had a net margin of 3.09% and a return on equity of 16.10%. The company’s revenue was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.45 EPS. equities research analysts forecast that Comfort Systems USA will post 2.38 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 23rd. Shareholders of record on Monday, March 12th were given a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 0.70%. The ex-dividend date was Friday, March 9th. Comfort Systems USA’s payout ratio is presently 17.24%.
In other news, insider Brian E. Lane sold 19,124 shares of Comfort Systems USA stock in a transaction that occurred on Friday, March 2nd. The shares were sold at an average price of $40.26, for a total transaction of $769,932.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Chairman Franklin Myers purchased 2,500 shares of the stock in a transaction dated Tuesday, February 27th. The shares were acquired at an average price of $41.87 per share, with a total value of $104,675.00. Following the transaction, the chairman now owns 212,500 shares in the company, valued at $8,897,375. The disclosure for this purchase can be found here. Company insiders own 3.48% of the company’s stock.
About Comfort Systems USA
Comfort Systems USA, Inc provides mechanical installation, renovation, maintenance, repair, and replacement services for the mechanical services industry in the United States. It is involved in the design, engineering, integration, installation, and start-up of mechanical and related systems; and maintenance, repair, replacement, renovation, expansion, reconfiguration, and monitoring of mechanical systems, including heating, ventilation, and air conditioning (HVAC) systems, as well as industrial process piping.
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