Comfort Systems USA (FIX) Scheduled to Post Earnings on Thursday

Comfort Systems USA (NYSE:FIX) will be issuing its quarterly earnings data after the market closes on Thursday, October 24th. Analysts expect the company to announce earnings of $0.84 per share for the quarter.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings results on Thursday, July 25th. The construction company reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.21). The company had revenue of $650.30 million for the quarter, compared to analysts’ expectations of $676.49 million. Comfort Systems USA had a net margin of 4.54% and a return on equity of 21.15%. The business’s revenue was up 21.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.79 EPS. On average, analysts expect Comfort Systems USA to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

FIX opened at $45.42 on Tuesday. The company has a current ratio of 1.38, a quick ratio of 1.35 and a debt-to-equity ratio of 0.67. The company has a market cap of $1.66 billion, a price-to-earnings ratio of 15.14, a PEG ratio of 1.68 and a beta of 1.35. The company’s 50 day moving average is $42.30 and its 200 day moving average is $47.03. Comfort Systems USA has a 12-month low of $36.27 and a 12-month high of $59.83.

In other news, Chairman Franklin Myers purchased 5,500 shares of the stock in a transaction on Thursday, August 1st. The shares were acquired at an average price of $41.89 per share, with a total value of $230,395.00. Following the completion of the acquisition, the chairman now directly owns 250,000 shares of the company’s stock, valued at $10,472,500. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO William George III purchased 1,000 shares of the stock in a transaction on Wednesday, August 14th. The shares were purchased at an average cost of $37.47 per share, for a total transaction of $37,470.00. Following the acquisition, the chief financial officer now directly owns 56,462 shares of the company’s stock, valued at $2,115,631.14. The disclosure for this purchase can be found here. In the last three months, insiders purchased 15,500 shares of company stock worth $623,570. 3.23% of the stock is currently owned by insiders.

FIX has been the topic of a number of research reports. Zacks Investment Research raised shares of Comfort Systems USA from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 2nd. DA Davidson raised shares of Comfort Systems USA from a “neutral” rating to a “buy” rating and dropped their price objective for the stock from $57.00 to $52.00 in a report on Monday, July 29th. Finally, ValuEngine raised shares of Comfort Systems USA from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd.

About Comfort Systems USA

Comfort Systems USA, Inc provides mechanical installation, renovation, maintenance, repair, and replacement services for the mechanical services industry in the United States. It is involved in the design, engineering, integration, installation, and start-up of mechanical and related systems; and maintenance, repair, replacement, renovation, expansion, reconfiguration, and monitoring of mechanical systems, including heating, ventilation, and air conditioning (HVAC) systems, as well as plumbing, piping and controls, off-site construction, electrical, monitoring, and fire protection.

Recommended Story: What is the balance sheet?

Earnings History for Comfort Systems USA (NYSE:FIX)

Receive News & Ratings for Comfort Systems USA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Comfort Systems USA and related companies with MarketBeat.com's FREE daily email newsletter.