Zacks Investment Research lowered shares of Comfort Systems USA (NYSE:FIX) from a buy rating to a hold rating in a research note issued to investors on Tuesday.

According to Zacks, “Comfort Systems USA, Inc. is a national provider of comprehensive heating, ventilation and air conditioning installation, maintenance, repair and replacement services. The Company operates primarily in the commercial and industrial HVAC markets, and perform most of their services within manufacturing plants, office buildings, retail centers, apartment complexes, and healthcare, education and government facilities. Comfort Systems USA merged with the best regional experts, and now provides nationwide reach through 36 subsidiary companies that are prepared to build, service or retrofit any mechanical, HVAC or electrical system. Whether the project is Design-Build or Plan and Spec, Comfort Systems USA can help from the design phase to construction with qualified professionals, quality products and an experienced contractor team. “

Several other research firms also recently weighed in on FIX. Sidoti upgraded Comfort Systems USA from a neutral rating to a buy rating and set a $55.00 target price on the stock in a research report on Wednesday, January 2nd. ValuEngine lowered Comfort Systems USA from a buy rating to a hold rating in a research note on Thursday, November 1st.

NYSE FIX opened at $47.90 on Tuesday. Comfort Systems USA has a twelve month low of $39.40 and a twelve month high of $59.83. The stock has a market cap of $1.78 billion, a P/E ratio of 17.76, a price-to-earnings-growth ratio of 1.48 and a beta of 1.34. The company has a current ratio of 1.35, a quick ratio of 1.32 and a debt-to-equity ratio of 0.19.

Comfort Systems USA (NYSE:FIX) last released its earnings results on Friday, October 26th. The construction company reported $1.01 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.83 by $0.18. Comfort Systems USA had a return on equity of 22.60% and a net margin of 4.64%. The firm had revenue of $594.54 million for the quarter, compared to the consensus estimate of $566.75 million. On average, equities analysts anticipate that Comfort Systems USA will post 2.99 EPS for the current year.

In other Comfort Systems USA news, Director Alan Krusi sold 2,000 shares of the company’s stock in a transaction dated Thursday, November 1st. The stock was sold at an average price of $53.33, for a total transaction of $106,660.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman Franklin Myers purchased 3,500 shares of the company’s stock in a transaction on Friday, December 7th. The shares were purchased at an average price of $46.55 per share, with a total value of $162,925.00. The disclosure for this purchase can be found here. Corporate insiders own 3.45% of the company’s stock.

Several hedge funds have recently bought and sold shares of the company. First Hawaiian Bank grew its stake in shares of Comfort Systems USA by 9.8% in the fourth quarter. First Hawaiian Bank now owns 9,026 shares of the construction company’s stock valued at $394,000 after buying an additional 806 shares in the last quarter. State of Alaska Department of Revenue grew its stake in shares of Comfort Systems USA by 1.8% in the fourth quarter. State of Alaska Department of Revenue now owns 12,442 shares of the construction company’s stock valued at $543,000 after buying an additional 220 shares in the last quarter. Vanguard Group Inc grew its stake in shares of Comfort Systems USA by 9.2% in the third quarter. Vanguard Group Inc now owns 3,971,773 shares of the construction company’s stock valued at $224,008,000 after buying an additional 334,921 shares in the last quarter. Federated Investors Inc. PA grew its stake in shares of Comfort Systems USA by 32.4% in the third quarter. Federated Investors Inc. PA now owns 82,608 shares of the construction company’s stock valued at $4,659,000 after buying an additional 20,237 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Comfort Systems USA by 9.2% in the third quarter. Vanguard Group Inc. now owns 3,971,773 shares of the construction company’s stock valued at $224,008,000 after buying an additional 334,921 shares in the last quarter. Institutional investors and hedge funds own 91.42% 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.

Recommended Story: Technical Analysis of Stocks and What It Means

Get a free copy of the Zacks research report on Comfort Systems USA (FIX)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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.