Comfort Systems USA (NYSE:FIX – Get Free Report) announced its quarterly earnings results on Thursday. The construction company reported $2.69 EPS for the quarter, beating the consensus estimate of $2.26 by $0.43, Briefing.com reports. Comfort Systems USA had a net margin of 6.21% and a return on equity of 26.99%. The firm had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.48 billion. During the same period last year, the firm earned $1.51 EPS. The business’s quarterly revenue was up 30.8% compared to the same quarter last year.
Comfort Systems USA Price Performance
Shares of FIX stock traded down $14.20 during trading hours on Friday, hitting $297.20. 442,424 shares of the company’s stock were exchanged, compared to its average volume of 352,159. The company has a market capitalization of $10.61 billion, a PE ratio of 34.59 and a beta of 1.19. The company has a current ratio of 1.11, a quick ratio of 1.07 and a debt-to-equity ratio of 0.03. Comfort Systems USA has a 12-month low of $133.24 and a 12-month high of $335.25. The business’s 50 day simple moving average is $302.17 and its 200-day simple moving average is $233.51.
Comfort Systems USA Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 19th. Shareholders of record on Friday, March 8th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.34%. The ex-dividend date of this dividend was Thursday, March 7th. Comfort Systems USA’s payout ratio is currently 11.11%.
Insiders Place Their Bets
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on the company. DA Davidson lifted their price target on Comfort Systems USA from $200.00 to $350.00 and gave the company a “buy” rating in a research report on Wednesday, February 28th. StockNews.com raised shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research note on Thursday, April 4th. UBS Group raised their price objective on shares of Comfort Systems USA from $208.00 to $254.00 and gave the company a “neutral” rating in a research report on Thursday, February 15th. Finally, KeyCorp initiated coverage on shares of Comfort Systems USA in a report on Wednesday, January 10th. They set a “sector weight” rating for the company.
Read Our Latest Stock Analysis on Comfort Systems USA
About Comfort Systems USA
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.
Further Reading
- Five stocks we like better than Comfort Systems USA
- P/E Ratio Calculation: How to Assess Stocks
- 3 Stocks Leading the U.S. Agriculture Comeback
- About the Markup Calculator
- How to Use Put Debit Spreads to Profit From Falling Stocks
- Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed
- Alphabet Changes the Narrative with Its First-Ever Dividend
Receive News & Ratings for Comfort Systems USA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Comfort Systems USA and related companies with MarketBeat.com's FREE daily email newsletter.