Analysts Set Comfort Systems USA, Inc. (NYSE:FIX) Price Target at $1,022.00

Comfort Systems USA, Inc. (NYSE:FIX) has earned an average recommendation of “Moderate Buy” from the eight analysts that are currently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $1,022.00.

Several equities analysts have recently issued reports on the stock. Wall Street Zen lowered shares of Comfort Systems USA from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 3rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Comfort Systems USA in a research report on Wednesday, January 21st. DA Davidson reiterated a “buy” rating and set a $1,200.00 price objective on shares of Comfort Systems USA in a research note on Friday, December 19th. Zacks Research cut Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 26th. Finally, UBS Group raised their price target on Comfort Systems USA from $875.00 to $1,140.00 and gave the company a “buy” rating in a report on Monday, October 27th.

Comfort Systems USA Stock Performance

Shares of FIX stock opened at $1,142.32 on Wednesday. The company’s fifty day moving average price is $1,015.22 and its 200-day moving average price is $866.15. The stock has a market cap of $40.29 billion, a PE ratio of 48.36 and a beta of 1.67. The company has a current ratio of 1.22, a quick ratio of 1.20 and a debt-to-equity ratio of 0.06. Comfort Systems USA has a 12 month low of $276.44 and a 12 month high of $1,200.32.

Insider Buying and Selling at Comfort Systems USA

In other Comfort Systems USA news, CFO William George III sold 4,370 shares of Comfort Systems USA stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $958.88, for a total value of $4,190,305.60. Following the completion of the transaction, the chief financial officer directly owned 39,824 shares of the company’s stock, valued at approximately $38,186,437.12. The trade was a 9.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Laura Finley Howell sold 1,000 shares of the stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $996.16, for a total transaction of $996,160.00. Following the sale, the senior vice president owned 7,938 shares in the company, valued at approximately $7,907,518.08. The trade was a 11.19% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 12,528 shares of company stock worth $11,972,106. 1.59% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Vanguard Group Inc. raised its position in Comfort Systems USA by 17.0% in the 4th quarter. Vanguard Group Inc. now owns 4,310,126 shares of the construction company’s stock worth $4,022,597,000 after buying an additional 625,567 shares during the last quarter. Invesco Ltd. grew its stake in shares of Comfort Systems USA by 7.4% in the third quarter. Invesco Ltd. now owns 1,064,560 shares of the construction company’s stock worth $878,454,000 after acquiring an additional 73,727 shares during the period. Westfield Capital Management Co. LP raised its holdings in shares of Comfort Systems USA by 5.3% during the second quarter. Westfield Capital Management Co. LP now owns 936,412 shares of the construction company’s stock valued at $502,113,000 after purchasing an additional 46,773 shares during the last quarter. AQR Capital Management LLC lifted its position in Comfort Systems USA by 6.8% during the third quarter. AQR Capital Management LLC now owns 835,560 shares of the construction company’s stock valued at $678,475,000 after purchasing an additional 53,125 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in Comfort Systems USA by 0.4% in the second quarter. Geode Capital Management LLC now owns 821,897 shares of the construction company’s stock worth $440,764,000 after purchasing an additional 3,032 shares during the last quarter. Hedge funds and other institutional investors own 96.51% of the company’s stock.

Comfort Systems USA Company Profile

Comfort Systems USA, Inc is a U.S.-based mechanical contracting company that provides a range of heating, ventilation and air conditioning (HVAC) services to commercial, industrial and institutional customers. The company focuses on the design, installation, maintenance and repair of HVAC systems, and it supports projects from initial engineering and system selection through long-term service agreements and upgrades.

Its service offerings include new construction and retrofit installations, preventive and corrective maintenance, emergency repair, energy management and building automation systems.