Comfort Systems USA (FIX) Scheduled to Post Earnings on Thursday

Comfort Systems USA (NYSE:FIX) is scheduled to announce its earnings results after the market closes on Thursday, October 24th. Analysts expect the company to announce earnings of $4.05 per share for the quarter.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings data on Thursday, July 25th. The construction company reported $3.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.14 by $0.60. Comfort Systems USA had a net margin of 7.02% and a return on equity of 31.49%. The business had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $1.69 billion. During the same period last year, the firm posted $1.93 earnings per share. The firm’s quarterly revenue was up 39.6% compared to the same quarter last year. On average, analysts expect Comfort Systems USA to post $14 EPS for the current fiscal year and $15 EPS for the next fiscal year.

Comfort Systems USA Price Performance

NYSE FIX traded up $2.31 on Monday, hitting $419.85. 16,234 shares of the company’s stock were exchanged, compared to its average volume of 380,700. The stock has a 50-day moving average of $363.16 and a 200-day moving average of $332.42. The stock has a market cap of $15.00 billion, a price-to-earnings ratio of 41.56 and a beta of 1.13. Comfort Systems USA has a 52 week low of $151.89 and a 52 week high of $424.43. The company has a current ratio of 1.00, a quick ratio of 0.97 and a debt-to-equity ratio of 0.05.

Comfort Systems USA Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, August 12th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.29%. Comfort Systems USA’s dividend payout ratio (DPR) is currently 11.88%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Saturday, October 12th.

Insider Buying and Selling at Comfort Systems USA

In other news, insider Brian E. Lane sold 15,000 shares of the company’s stock in a transaction on Wednesday, August 14th. The shares were sold at an average price of $329.55, for a total transaction of $4,943,250.00. Following the completion of the transaction, the insider now directly owns 219,205 shares in the company, valued at approximately $72,239,007.75. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, insider Brian E. Lane sold 15,000 shares of the business’s stock in a transaction dated Wednesday, August 14th. The stock was sold at an average price of $329.55, for a total transaction of $4,943,250.00. Following the sale, the insider now directly owns 219,205 shares in the company, valued at approximately $72,239,007.75. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Darcy Anderson sold 3,546 shares of the firm’s stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $336.19, for a total transaction of $1,192,129.74. Following the completion of the transaction, the director now owns 37,193 shares of the company’s stock, valued at approximately $12,503,914.67. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 24,391 shares of company stock worth $8,076,855 over the last quarter. Corporate insiders own 1.80% of the company’s stock.

Comfort Systems USA Company Profile

Comfort Systems USA, Inc, together with its subsidiaries, provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It operates through two segments, Mechanical and Electrical. The company offers heating, ventilation, and air conditioning systems, as well as plumbing, electrical, piping and controls, off-site construction, monitoring, and fire protection.