According to Zacks, Comfort Systems USA, Inc. is a national provider of comprehensive heating, ventilation, and air conditioning installation, maintenance, repair and replacement services. The company primarily serves and provides most of its services in the commercial and industrial HVAC markets . ” B. in manufacturing facilities, office buildings, retail centers, apartment complexes and healthcare, educational and government institutions. Comfort Systems USA has teamed up with the best regional experts and now offers nationwide coverage through 36 subsidiaries that are ready to build, maintain or upgrade anything. Whether the project is design-build or plan and spec, Comfort Systems USA can take advantage of the Help from the design phase through to construction with qualified professionals, quality products and an experienced team of contractors. “
Shares in NYSE: FIX traded around $ 1.98 during Friday’s trading to hit $ 95.87. The company had a trading volume of 224,874 shares versus an average volume of 161,695. The company has a fifty day moving average of $ 98.04 and a two hundred day moving average of $ 83.85. The stock has a market cap of $ 3.46 billion, a P / E of 23.56, and a beta of 1.17. Comfort Systems USA has a 12-month low of $ 54.00 and a 12-month high of $ 103.74. The company has a current metric of 1.22, a fast metric of 1.19, and a leverage ratio of 0.35.
Comfort Systems USA (NYSE: FIX) last published its quarterly results on Tuesday, October 26th. The construction company reported $ 1.27 EPS for the quarter, beating Zacks’ consensus estimate of $ 0.99 by $ 0.28. The company had revenue of $ 833.90 million for the quarter, compared to analyst estimates of $ 775.03 million. Comfort Systems USA had a net margin of 5.09% and a return on equity of 19.30%. The company’s revenue increased 16.8% for the quarter compared to the same quarter last year. In the same quarter last year, the company earned $ 1.19 EPS. As a group, stock research analysts predict Comfort Systems USA will achieve earnings per share of 3.94 for the current year.
On related news, chairman Franklin Myers sold 74,227 shares of the stock in a transaction on Thursday, November 18. The shares were sold at an average price of $ 102.34 for a total transaction of $ 7,596,391.18. The transaction was disclosed in a document filed with the SEC, which can be accessed via this link. Insider too Brian E. Lane sold 32,873 shares of the stock in a transaction on Monday, November 1st. The shares were sold at an average price of $ 92.65 for a total transaction of $ 3,045,683.45. The disclosure for this sale can be found here. Over the past ninety days, insiders have sold 141,155 shares in the company, valued at $ 13,759,358. 3.25% of the shares are owned by insiders.
A number of institutional investors and hedge funds have recently changed their positions in FIX. Advisory Services Network LLC acquired a new $ 28,000 stake in Comfort Systems USA in the second quarter. Security National Trust Co. acquired a new stake in Comfort Systems USA for $ 30,000 in the second quarter. Bessemer Group Inc. acquired a new stake in Comfort Systems USA worth $ 35,000 in the second quarter. Harvest Fund Management Co. Ltd increased its position in Comfort Systems USA stocks by 141.2% in the second quarter. Harvest Fund Management Co. Ltd now owns 1,006 shares in the construction company valued at $ 79,000 after purchasing an additional 589 shares during the period. Finally, First Horizon Advisors Inc. increased its stake in Comfort Systems USA by 200.7% in the third quarter. First Horizon Advisors Inc. now owns 2,228 shares in the construction company valued at $ 94,000 after purchasing an additional 1,487 shares during the reporting period. 93.66% of the shares are owned by institutional investors and hedge funds.
About Comfort Systems USA
Comfort Systems USA, Inc. is engaged in the provision of mechanical and electrical contract services. It operates in the following segments: Mechanical Services, Electrical Services and Corporate. The Mechanical Services segment includes HVAC, plumbing, piping and controls, as well as off-site construction, surveillance and fire protection.
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