Analysts forecast that Comfort Systems USA, Inc. (NYSE:FIX) will post earnings per share (EPS) of $0.83 for the current quarter, Zacks reports. Two analysts have made estimates for Comfort Systems USA’s earnings. The lowest EPS estimate is $0.80 and the highest is $0.86. Comfort Systems USA posted earnings per share of $0.59 during the same quarter last year, which would indicate a positive year over year growth rate of 40.7%. The company is scheduled to announce its next quarterly earnings report on Thursday, October 25th.

On average, analysts expect that Comfort Systems USA will report full-year earnings of $2.72 per share for the current financial year. For the next financial year, analysts forecast that the business will report earnings of $3.07 per share, with EPS estimates ranging from $2.91 to $3.23. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow Comfort Systems USA.

Comfort Systems USA (NYSE:FIX) last announced its earnings results on Friday, July 27th. The construction company reported $0.79 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.69 by $0.10. Comfort Systems USA had a return on equity of 19.88% and a net margin of 4.07%. The business had revenue of $535.00 million for the quarter, compared to analyst estimates of $532.25 million. During the same quarter last year, the firm earned $0.48 EPS. Comfort Systems USA’s revenue for the quarter was up 15.0% compared to the same quarter last year.

FIX has been the topic of a number of recent research reports. DA Davidson lifted their target price on Comfort Systems USA from $46.00 to $48.00 and gave the company a “hold” rating in a research report on Monday, April 30th. Zacks Investment Research lowered Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 30th. ValuEngine raised Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Tuesday, May 8th. Finally, Sidoti lowered Comfort Systems USA from a “buy” rating to a “neutral” rating in a research report on Thursday, June 7th. Four equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $59.00.

Comfort Systems USA traded down $0.41, reaching $55.30, during midday trading on Tuesday, MarketBeat Ratings reports. The stock had a trading volume of 171,507 shares, compared to its average volume of 295,014. Comfort Systems USA has a 1-year low of $31.90 and a 1-year high of $59.05. The firm has a market cap of $2.08 billion, a PE ratio of 31.78, a P/E/G ratio of 2.05 and a beta of 1.33. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.31 and a current ratio of 1.34.

The business also recently declared a quarterly dividend, which will be paid on Friday, August 24th. Shareholders of record on Monday, August 13th will be paid a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 0.61%. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend is Friday, August 10th. Comfort Systems USA’s dividend payout ratio (DPR) is currently 18.39%.

In other Comfort Systems USA news, VP T Mckenna Trent sold 21,133 shares of the firm’s stock in a transaction that occurred on Friday, May 25th. The stock was sold at an average price of $45.97, for a total value of $971,484.01. Following the completion of the transaction, the vice president now directly owns 46,095 shares in the company, valued at $2,118,987.15. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Vance W. Tang sold 4,018 shares of the firm’s stock in a transaction that occurred on Friday, August 3rd. The shares were sold at an average price of $55.25, for a total value of $221,994.50. The disclosure for this sale can be found here. Over the last 90 days, insiders acquired 17,766 shares of company stock valued at $819,911 and sold 86,286 shares valued at $4,516,243. 3.48% of the stock is owned by company insiders.

A number of hedge funds have recently bought and sold shares of FIX. Mount Yale Investment Advisors LLC bought a new position in Comfort Systems USA in the first quarter valued at approximately $105,000. Acadian Asset Management LLC bought a new position in Comfort Systems USA in the second quarter valued at approximately $136,000. Sei Investments Co. grew its stake in Comfort Systems USA by 55.9% in the first quarter. Sei Investments Co. now owns 3,515 shares of the construction company’s stock valued at $145,000 after purchasing an additional 1,260 shares in the last quarter. SG Americas Securities LLC bought a new position in Comfort Systems USA in the first quarter valued at approximately $196,000. Finally, Greenwood Capital Associates LLC bought a new position in Comfort Systems USA in the second quarter valued at approximately $245,000. Hedge funds and other institutional investors own 91.33% of the company’s stock.

Comfort Systems USA Company Profile

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 industrial process piping.

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