Comfort Systems USA (FIX) Expected to Announce Quarterly Earnings on Thursday

Comfort Systems USA (NYSE:FIX - Get Free Report) will likely be issuing its Q4 2024 quarterly earnings data before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $3.63 per share and revenue of $1.77 billion for the quarter. Parties interested in listening to the company's conference call can do so using this link.

Comfort Systems USA (NYSE:FIX - Get Free Report) last posted its earnings results on Thursday, February 20th. The construction company reported $4.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.63 by $0.46. The company had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.77 billion. Comfort Systems USA had a return on equity of 32.74% and a net margin of 7.18%. On average, analysts expect Comfort Systems USA to post $14 EPS for the current fiscal year and $17 EPS for the next fiscal year.

Comfort Systems USA Trading Down 4.1 %

Shares of Comfort Systems USA stock traded down $15.74 during trading on Friday, hitting $366.39. 571,958 shares of the company were exchanged, compared to its average volume of 509,365. The firm has a market capitalization of $13.04 billion, a P/E ratio of 28.03 and a beta of 1.22. Comfort Systems USA has a 1-year low of $242.84 and a 1-year high of $553.09. The firm's fifty day moving average price is $446.90 and its 200 day moving average price is $414.14. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02.

Comfort Systems USA Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Monday, March 10th will be given a dividend of $0.40 per share. This is a positive change from Comfort Systems USA's previous quarterly dividend of $0.35. This represents a $1.60 annualized dividend and a dividend yield of 0.44%. Comfort Systems USA's payout ratio is presently 10.71%.

Wall Street Analyst Weigh In

FIX has been the subject of several analyst reports. Stifel Nicolaus boosted their target price on Comfort Systems USA from $524.00 to $577.00 and gave the stock a "buy" rating in a research report on Friday, January 24th. Northcoast Research initiated coverage on Comfort Systems USA in a research report on Friday, November 22nd. They issued a "buy" rating and a $525.00 price objective for the company. UBS Group boosted their price objective on Comfort Systems USA from $525.00 to $575.00 and gave the company a "buy" rating in a research report on Monday, December 9th. Finally, StockNews.com upgraded Comfort Systems USA from a "hold" rating to a "buy" rating in a research report on Saturday, February 15th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Comfort Systems USA presently has a consensus rating of "Buy" and an average price target of $506.75.

Comfort Systems USA Company Profile

Comfort Systems USA, Inc, together with its subsidiaries, provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It operates through two segments, Mechanical and Electrical. The company offers heating, ventilation, and air conditioning systems, as well as plumbing, electrical, piping and controls, off-site construction, monitoring, and fire protection.