Comfort Systems USA, Inc. (NYSE:FIX – Get Free Report) Director Pablo G. Mercado sold 1,200 shares of the business’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $283.17, for a total value of $339,804.00. Following the sale, the director now owns 11,038 shares in the company, valued at $3,125,630.46. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Comfort Systems USA Price Performance
NYSE FIX opened at $314.93 on Friday. The stock has a 50-day moving average of $226.82 and a 200 day moving average of $197.91. The company has a market capitalization of $11.24 billion, a price-to-earnings ratio of 34.99 and a beta of 1.12. Comfort Systems USA, Inc. has a one year low of $127.09 and a one year high of $315.42. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.07 and a current ratio of 1.11.
Comfort Systems USA (NYSE:FIX – Get Free Report) last posted its quarterly earnings data on Friday, February 23rd. The construction company reported $2.55 earnings per share for the quarter, beating analysts’ consensus estimates of $2.15 by $0.40. Comfort Systems USA had a return on equity of 26.99% and a net margin of 6.21%. The firm had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.33 billion. During the same period in the previous year, the firm earned $1.54 EPS. The business’s quarterly revenue was up 21.5% on a year-over-year basis. On average, sell-side analysts forecast that Comfort Systems USA, Inc. will post 9.56 EPS for the current year.
Comfort Systems USA Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 19th. Investors of record on Friday, March 8th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, March 7th. This represents a $1.00 annualized dividend and a yield of 0.32%. Comfort Systems USA’s payout ratio is presently 11.11%.
Analyst Ratings Changes
A number of research firms have recently issued reports on FIX. KeyCorp began coverage on Comfort Systems USA in a report on Wednesday, January 10th. They issued a “sector weight” rating for the company. StockNews.com cut Comfort Systems USA from a “buy” rating to a “hold” rating in a report on Monday, February 26th. UBS Group increased their price objective on Comfort Systems USA from $208.00 to $254.00 and gave the stock a “neutral” rating in a report on Thursday, February 15th. Finally, DA Davidson increased their price objective on Comfort Systems USA from $200.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday.
View Our Latest Analysis on Comfort Systems USA
Institutional Trading of Comfort Systems USA
Hedge funds and other institutional investors have recently bought and sold shares of the stock. State Board of Administration of Florida Retirement System increased its stake in shares of Comfort Systems USA by 0.6% during the third quarter. State Board of Administration of Florida Retirement System now owns 10,115 shares of the construction company’s stock valued at $1,724,000 after buying an additional 60 shares during the period. Parkside Financial Bank & Trust boosted its holdings in Comfort Systems USA by 16.3% in the second quarter. Parkside Financial Bank & Trust now owns 514 shares of the construction company’s stock worth $84,000 after acquiring an additional 72 shares in the last quarter. Portside Wealth Group LLC boosted its holdings in Comfort Systems USA by 3.6% in the third quarter. Portside Wealth Group LLC now owns 2,157 shares of the construction company’s stock worth $368,000 after acquiring an additional 74 shares in the last quarter. Sound View Wealth Advisors Group LLC boosted its holdings in Comfort Systems USA by 5.5% in the third quarter. Sound View Wealth Advisors Group LLC now owns 1,434 shares of the construction company’s stock worth $244,000 after acquiring an additional 75 shares in the last quarter. Finally, Ameritas Investment Partners Inc. lifted its position in Comfort Systems USA by 2.7% during the second quarter. Ameritas Investment Partners Inc. now owns 2,925 shares of the construction company’s stock valued at $480,000 after purchasing an additional 78 shares during the period. Hedge funds and other institutional investors own 94.18% of the company’s stock.
Comfort Systems USA Company Profile
Comfort Systems USA, Inc provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It engages in the design, engineering, integration, installation, and start-up of mechanical, electrical, and plumbing (MEP) systems; and renovation, expansion, maintenance, monitoring, repair, and replacement of existing buildings.
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