Research Analysts Offer Predictions for FIX Q4 Earnings

Comfort Systems USA, Inc. (NYSE:FIX) – Analysts at DA Davidson issued their Q4 2024 EPS estimates for shares of Comfort Systems USA in a report released on Monday, October 28th. DA Davidson analyst B. Thielman expects that the construction company will post earnings of $3.36 per share for the quarter. The consensus estimate for Comfort Systems USA’s current full-year earnings is $13.79 per share. DA Davidson also issued estimates for Comfort Systems USA’s FY2025 earnings at $17.00 EPS.

Comfort Systems USA (NYSE:FIX) last released its earnings results on Thursday, October 24th. The construction company reported $4.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.97 by $0.12. Comfort Systems USA had a return on equity of 31.49% and a net margin of 7.02%. The firm had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same period in the previous year, the company earned $2.74 earnings per share. Comfort Systems USA’s revenue was up 31.5% compared to the same quarter last year.

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

Comfort Systems USA Trading Down 1.5 %

Comfort Systems USA stock opened at $390.04 on Wednesday. The firm has a market cap of $13.93 billion, a price-to-earnings ratio of 38.62 and a beta of 1.13. Comfort Systems USA has a 1 year low of $179.45 and a 1 year high of $424.63. The firm’s 50 day moving average price is $374.60 and its two-hundred day moving average price is $337.26. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.97 and a current ratio of 1.00.

Comfort Systems USA Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 25th. Investors of record on Thursday, November 14th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Thursday, November 14th. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.30. This represents a $1.40 dividend on an annualized basis and a yield of 0.36%. Comfort Systems USA’s payout ratio is presently 13.86%.

Insider Buying and Selling at Comfort Systems USA

In related news, insider Brian E. Lane sold 15,000 shares of the stock in a transaction on 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 completion of the sale, the insider now directly owns 219,205 shares in the company, valued at approximately $72,239,007.75. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal 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 Comfort Systems USA 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 completion of the sale, the insider now directly owns 219,205 shares in the company, valued at $72,239,007.75. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO William George III sold 5,845 shares of the stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $332.16, for a total value of $1,941,475.20. Following the completion of the transaction, the chief financial officer now owns 55,099 shares in the company, valued at $18,301,683.84. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 27,091 shares of company stock worth $9,129,855. 1.80% of the stock is currently owned by company insiders.

Institutional Trading of Comfort Systems USA

Large investors have recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Comfort Systems USA in the 3rd quarter valued at $38,000. Opal Wealth Advisors LLC acquired a new stake in shares of Comfort Systems USA in the second quarter valued at about $41,000. V Square Quantitative Management LLC increased its stake in shares of Comfort Systems USA by 59.5% in the third quarter. V Square Quantitative Management LLC now owns 126 shares of the construction company’s stock worth $49,000 after purchasing an additional 47 shares during the period. Contravisory Investment Management Inc. lifted its position in shares of Comfort Systems USA by 126.9% during the 3rd quarter. Contravisory Investment Management Inc. now owns 152 shares of the construction company’s stock worth $59,000 after purchasing an additional 85 shares during the last quarter. Finally, National Bank of Canada FI boosted its stake in Comfort Systems USA by 236.5% during the 2nd quarter. National Bank of Canada FI now owns 212 shares of the construction company’s stock valued at $62,000 after purchasing an additional 149 shares during the period. Institutional investors own 96.51% 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.