Research Analysts Set Expectations for FIX Q1 Earnings

Comfort Systems USA, Inc. (NYSE:FIX) – Equities research analysts at DA Davidson issued their Q1 2025 EPS estimates for shares of Comfort Systems USA in a research report issued on Monday, February 24th. DA Davidson analyst B. Thielman anticipates that the construction company will post earnings of $3.62 per share for the quarter. The consensus estimate for Comfort Systems USA’s current full-year earnings is $16.85 per share.

FIX has been the subject of a number of other reports. Northcoast Research assumed coverage on Comfort Systems USA in a research report on Friday, November 22nd. They issued a “buy” rating and a $525.00 price target for the company. UBS Group boosted their price target on Comfort Systems USA from $525.00 to $575.00 and gave the company a “buy” rating in a report on Monday, December 9th. Stifel Nicolaus dropped their target price on shares of Comfort Systems USA from $577.00 to $471.00 and set a “buy” rating on the stock in a report on Monday. StockNews.com upgraded Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Saturday, February 15th. Finally, Sidoti raised shares of Comfort Systems USA from a “neutral” rating to a “buy” rating and set a $552.00 price objective on the stock in a research report on Monday. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Comfort Systems USA has an average rating of “Buy” and a consensus target price of $494.60.

Comfort Systems USA Stock Down 1.6 %

Shares of NYSE:FIX opened at $358.06 on Tuesday. The company has a market cap of $12.74 billion, a price-to-earnings ratio of 24.51 and a beta of 1.22. Comfort Systems USA has a 12 month low of $272.92 and a 12 month high of $553.09. The company has a 50-day moving average price of $444.90 and a 200 day moving average price of $416.11. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04.

Comfort Systems USA (NYSE:FIX) last issued its quarterly earnings data on Thursday, February 20th. The construction company reported $4.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.63 by $0.46. Comfort Systems USA had a return on equity of 35.28% and a net margin of 7.43%. The business had revenue of $1.87 billion for the quarter, compared to analysts’ expectations of $1.77 billion.

Comfort Systems USA Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Monday, March 10th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Monday, March 10th. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.35. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.45%. Comfort Systems USA’s dividend payout ratio is currently 10.95%.

Hedge Funds Weigh In On Comfort Systems USA

A number of institutional investors have recently bought and sold shares of FIX. Thurston Springer Miller Herd & Titak Inc. raised its position in Comfort Systems USA by 28.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 126 shares of the construction company’s stock worth $53,000 after acquiring an additional 28 shares during the period. Dakota Wealth Management boosted its holdings in shares of Comfort Systems USA by 3.8% during the 4th quarter. Dakota Wealth Management now owns 788 shares of the construction company’s stock worth $334,000 after purchasing an additional 29 shares during the last quarter. Covestor Ltd boosted its stake in Comfort Systems USA by 7.1% during the third quarter. Covestor Ltd now owns 465 shares of the construction company’s stock worth $182,000 after buying an additional 31 shares during the last quarter. Private Trust Co. NA boosted its position in shares of Comfort Systems USA by 41.3% during the 4th quarter. Private Trust Co. NA now owns 106 shares of the construction company’s stock valued at $45,000 after acquiring an additional 31 shares during the last quarter. Finally, Signaturefd LLC grew its stake in shares of Comfort Systems USA by 9.3% in the 3rd quarter. Signaturefd LLC now owns 377 shares of the construction company’s stock valued at $147,000 after buying an additional 32 shares during the period. 96.51% of the stock is owned by hedge funds and other institutional investors.

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.