Shares of Comfort Systems USA Inc. (NYSE:FIX) dropped 6% on Tuesday . The stock traded as low as $31.25 and last traded at $31.48, with a volume of 290,139 shares changing hands. The stock had previously closed at $33.48.

A number of analysts recently commented on the company. Zacks Investment Research raised Comfort Systems USA from a “hold” rating to a “strong-buy” rating and set a $38.00 price objective on the stock in a research note on Tuesday, April 26th. Sidoti lowered Comfort Systems USA from a “buy” rating to a “neutral” rating and set a $36.00 price objective on the stock. in a research note on Tuesday.

The company has a market cap of $1.19 billion and a price-to-earnings ratio of 22.21. The company’s 50 day moving average price is $32.05 and its 200-day moving average price is $30.22.

Comfort Systems USA (NYSE:FIX) last released its quarterly earnings data on Wednesday, April 27th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.08. During the same quarter in the prior year, the firm earned $0.13 EPS. The company had revenue of $385.90 million for the quarter, compared to analyst estimates of $397.77 million. The company’s revenue for the quarter was up 4.4% compared to the same quarter last year. On average, equities research analysts expect that Comfort Systems USA Inc. will post $1.69 EPS for the current year.

In other Comfort Systems USA news, CAO Julie Shaeff sold 25,258 shares of Comfort Systems USA stock in a transaction on Wednesday, May 18th. The stock was sold at an average price of $30.47, for a total transaction of $769,611.26. Following the sale, the chief accounting officer now owns 45,545 shares of the company’s stock, valued at approximately $1,387,756.15. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Franklin Myers bought 4,200 shares of the business’s stock in a transaction on Friday, April 29th. The shares were acquired at an average cost of $29.30 per share, for a total transaction of $123,060.00. Following the purchase, the director now directly owns 167,200 shares in the company, valued at $4,898,960. The disclosure for this purchase can be found here.

A number of hedge funds have made changes to their positions in FIX. Trexquant Investment LP acquired a new stake in shares of Comfort Systems USA during the fourth quarter valued at $1,336,000. Engineers Gate Manager LP increased its stake in shares of Comfort Systems USA by 12.9% in the fourth quarter. Engineers Gate Manager LP now owns 55,242 shares of the company’s stock valued at $1,570,000 after buying an additional 6,314 shares during the last quarter. California State Teachers Retirement System increased its stake in shares of Comfort Systems USA by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 69,181 shares of the company’s stock valued at $1,966,000 after buying an additional 1,245 shares during the last quarter. GSA Capital Partners LLP increased its stake in shares of Comfort Systems USA by 70.8% in the fourth quarter. GSA Capital Partners LLP now owns 72,393 shares of the company’s stock valued at $2,057,000 after buying an additional 29,999 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its stake in shares of Comfort Systems USA by 96.4% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 138,026 shares of the company’s stock valued at $3,923,000 after buying an additional 67,733 shares during the last quarter.

Comfort Systems USA, Inc is a provider of mechanical contracting services, which principally includes heating, ventilation and air conditioning (HVAC), plumbing, piping and controls, as well as off-site construction, electrical, monitoring and fire protection. It installs, maintains and repairs products and systems throughout its approximately 35 operating units in 81 cities and 89 locations throughout the United States.

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