Comfort Systems USA (FIX) Earning Somewhat Favorable Press Coverage, Report Shows
News stories about Comfort Systems USA (NYSE:FIX) have trended somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Comfort Systems USA earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave headlines about the construction company an impact score of 46.7568230154477 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Comfort Systems USA (NYSE FIX) opened at $43.00 on Thursday. The firm has a market capitalization of $1,615.34, a P/E ratio of 25.00, a P/E/G ratio of 2.03 and a beta of 1.28. Comfort Systems USA has a 52 week low of $31.90 and a 52 week high of $44.80. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.30 and a current ratio of 1.33.
Comfort Systems USA (NYSE:FIX) last posted its earnings results on Thursday, October 26th. The construction company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.02. The firm had revenue of $480.85 million during the quarter, compared to analysts’ expectations of $469.53 million. Comfort Systems USA had a return on equity of 16.49% and a net margin of 3.76%. The firm’s revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.54 earnings per share. analysts forecast that Comfort Systems USA will post 1.78 EPS for the current year.
Several equities analysts have recently issued reports on the company. Guggenheim cut Comfort Systems USA from a “buy” rating to a “neutral” rating in a research note on Friday, November 10th. Zacks Investment Research upgraded Comfort Systems USA from a “hold” rating to a “buy” rating and set a $50.00 price objective for the company in a research note on Wednesday, December 27th. DA Davidson lifted their price objective on Comfort Systems USA to $43.00 and gave the company a “neutral” rating in a research note on Monday, October 30th. Finally, Gilford Securities cut Comfort Systems USA from a “buy” rating to a “neutral” rating in a research note on Friday, November 10th. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Comfort Systems USA has a consensus rating of “Hold” and an average target price of $58.67.
In other Comfort Systems USA news, Chairman Franklin Myers bought 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 14th. The stock was purchased at an average price of $40.23 per share, for a total transaction of $120,690.00. Following the completion of the purchase, the chairman now directly owns 208,000 shares in the company, valued at $8,367,840. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Brian E. Lane sold 19,389 shares of Comfort Systems USA stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $42.35, for a total value of $821,124.15. Following the transaction, the insider now directly owns 203,021 shares in the company, valued at approximately $8,597,939.35. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 70,473 shares of company stock valued at $2,986,454. 3.48% of the stock is 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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