Somewhat Positive Media Coverage Somewhat Unlikely to Impact Comfort Systems USA (FIX) Share Price
Media headlines about Comfort Systems USA (NYSE:FIX) have been trending somewhat positive this week, Accern reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Comfort Systems USA earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave media headlines about the construction company an impact score of 46.7868641499724 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Comfort Systems USA (FIX) traded up 0.27% during mid-day trading on Wednesday, reaching $37.40. The company’s stock had a trading volume of 121,015 shares. The company has a 50-day moving average of $34.77 and a 200-day moving average of $35.14. Comfort Systems USA has a 12 month low of $26.90 and a 12 month high of $39.67. The company has a market cap of $1.39 billion, a P/E ratio of 22.52 and a beta of 1.25.
Comfort Systems USA (NYSE:FIX) last announced its earnings results on Friday, July 28th. The construction company reported $0.48 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.49 by ($0.01). Comfort Systems USA had a net margin of 3.77% and a return on equity of 16.52%. The business had revenue of $465.41 million for the quarter, compared to the consensus estimate of $462.06 million. During the same period in the prior year, the business posted $0.47 EPS. Comfort Systems USA’s revenue for the quarter was up 8.9% on a year-over-year basis. Equities research analysts forecast that Comfort Systems USA will post $1.76 earnings per share for the current fiscal year.
FIX has been the subject of a number of recent research reports. Zacks Investment Research lowered Comfort Systems USA from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. BidaskClub lowered Comfort Systems USA from a “sell” rating to a “strong sell” rating in a report on Friday, June 23rd. Four analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $83.00.
In related news, Director Alan Krusi sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $33.85, for a total transaction of $67,700.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Franklin Myers purchased 5,482 shares of Comfort Systems USA stock in a transaction that occurred on Monday, July 31st. The shares were purchased at an average cost of $33.58 per share, with a total value of $184,085.56. Following the transaction, the chairman now directly owns 205,000 shares of the company’s stock, valued at $6,883,900. The disclosure for this purchase can be found here. 3.49% of the stock is currently owned by company insiders.
Comfort Systems USA Company Profile
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. As of December 31, 2016, the Company installed, maintained, repaired and replaced products and systems throughout its 35 operating units in 84 cities and 91 locations throughout the United States.
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