Comfort Systems (FIX) reachead $321.82 at the closing of the latest trading day, reflecting a +0.87% change compared to its last close.
Comfort Systems USA, Inc. FIX shares soared 51.6% year to date (YTD), outperforming the Zacks Building Products - Air Conditioner and Heating industry's 18.2% growth. The stock even fared better than the broader Construction sector's 3% rise.
Here is how Comfort Systems (FIX) and Holcim Ltd Unsponsored ADR (HCMLY) have performed compared to their sector so far this year.
Comfort Systems (FIX) closed the most recent trading day at $315.93, moving +0.78% from the previous trading session.
Comfort Systems (FIX) benefits from solid demand trends, especially across the technology and manufacturing sectors, accretive buyouts, and focus on shareholder value.
Comfort Systems USA is expected to benefit from strong growth in AI and other key markets. FIX has a record backlog and new acquisitions to help drive growth. The stock is reasonably priced, leaving room for price appreciation driven by Comfort Systems USA's above-average growth.
In the most recent trading session, Comfort Systems (FIX) closed at $316.31, indicating a -1.89% shift from the previous trading day.
Comfort Systems (FIX) reachead $324.91 at the closing of the latest trading day, reflecting a +1.93% change compared to its last close.
In the closing of the recent trading day, Comfort Systems (FIX) stood at $335.22, denoting a -0.79% change from the preceding trading day.
Comfort Systems (FIX) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, FIX broke through the 20-day moving average, which suggests a short-term bullish trend.
Quadrant Capital Group LLC lifted its position in shares of Comfort Systems USA, Inc. (NYSE:FIX – Free Report) by 28.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,371 shares of the construction company’s stock after acquiring an additional 307 shares during the period. Quadrant Capital Group LLC’s holdings in Comfort Systems USA were worth $282,000 as of its most recent filing with the Securities and Exchange Commission. Several other large investors have also made changes to their positions in FIX. Baader Bank Aktiengesellschaft bought a new stake in Comfort Systems USA during the fourth quarter worth $353,000. Janney Montgomery Scott LLC raised its holdings in shares of Comfort Systems USA by 89.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 3,704 shares of the construction company’s stock worth $762,000 after buying an additional 1,753 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its position in shares of Comfort Systems USA by 30.6% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 1,911 shares of the construction company’s stock worth $393,000 after buying an additional 448 shares during the last quarter. Jump Financial LLC acquired a new stake in Comfort Systems USA in the fourth quarter valued at about $783,000. Finally, Qsemble Capital Management LP bought a new position in Comfort Systems USA in the fourth quarter valued at about $551,000. Institutional investors and hedge funds own 96.51% of the company’s stock. Wall Street Analysts Forecast Growth A number of research firms have recently commented on FIX. UBS Group increased their target price on shares of Comfort Systems USA from $208.00 to $254.00 and gave the stock a “neutral” rating in a report on Thursday, February 15th. DA Davidson raised their target price on shares of Comfort Systems USA from $200.00 to $350.00 and gave the company a “buy” rating in a research report on Wednesday, February 28th. Finally, StockNews.com raised shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research note on Friday. Read Our Latest Research Report on FIX Comfort Systems USA Stock Performance NYSE:FIX opened at $316.23 on Monday. The stock’s 50-day moving average is $314.84 and its 200-day moving average is $252.65. Comfort Systems USA, Inc. has a 1-year low of $144.45 and a 1-year high of $352.45. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 0.06. The stock has a market cap of $11.30 billion, a P/E ratio of 31.31 and a beta of 1.20. Comfort Systems USA (NYSE:FIX – Get Free Report) last posted its earnings results on Thursday, April 25th. The construction company reported $2.69 EPS for the quarter, topping the consensus estimate of $2.26 by $0.43. Comfort Systems USA had a net margin of 6.51% and a return on equity of 28.65%. The business had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.48 billion. During the same period last year, the company earned $1.51 EPS. The firm’s revenue was up 30.8% compared to the same quarter last year. Equities research analysts anticipate that Comfort Systems USA, Inc. will post 11.9 earnings per share for the current year. Comfort Systems USA Increases Dividend The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 24th. Investors of record on Monday, May 13th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 0.38%. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.25. The ex-dividend date is Friday, May 10th. Comfort Systems USA’s dividend payout ratio is presently 11.88%. Insider Buying and Selling In other Comfort Systems USA news, COO T Mckenna Trent sold 14,185 shares of the company’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $278.55, for a total value of $3,951,231.75. Following the sale, the chief operating officer now owns 22,644 shares in the company, valued at approximately $6,307,486.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Comfort Systems USA news, Director Pablo G. Mercado sold 1,200 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $283.17, for a total transaction of $339,804.00. Following the completion of the transaction, the director now owns 11,038 shares in the company, valued at approximately $3,125,630.46. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO T Mckenna Trent sold 14,185 shares of the company’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $278.55, for a total transaction of $3,951,231.75. Following the completion of the sale, the chief operating officer now directly owns 22,644 shares in the company, valued at $6,307,486.20. The disclosure for this sale can be found here. Insiders sold a total of 51,102 shares of company stock valued at $15,285,379 in the last three months. Insiders own 1.80% of the company’s stock. Comfort Systems USA Profile (Free Report) 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.
Comfort Systems (FIX) is well positioned to outperform the market, as it exhibits above-average growth in financials.