What is DA Davidson's Estimate for FIX FY2025 Earnings?

Comfort Systems USA, Inc. (NYSE:FIX - Free Report) - Equities researchers at DA Davidson lifted their FY2025 EPS estimates for Comfort Systems USA in a research note issued to investors on Monday, February 24th. DA Davidson analyst B. Thielman now forecasts that the construction company will post earnings per share of $18.41 for the year, up from their previous estimate of $17.00. The consensus estimate for Comfort Systems USA's current full-year earnings is $16.85 per share. DA Davidson also issued estimates for Comfort Systems USA's FY2026 earnings at $20.35 EPS.

Comfort Systems USA (NYSE:FIX - Get Free Report) last announced its earnings results on Thursday, February 20th. The construction company reported $4.09 EPS for the quarter, topping the consensus estimate of $3.63 by $0.46. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. The company had revenue of $1.87 billion for the quarter, compared to analysts' expectations of $1.77 billion.

Other research analysts have also recently issued reports about the stock. Stifel Nicolaus lowered their target price on shares of Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating on the stock in a report on Monday, February 24th. StockNews.com raised shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a research note on Saturday, February 15th. UBS Group lifted their price objective on shares of Comfort Systems USA from $525.00 to $575.00 and gave the company a "buy" rating in a research note on Monday, December 9th. Sidoti raised shares of Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 price objective on the stock in a research note on Monday, February 24th. Finally, Northcoast Research assumed coverage on shares of Comfort Systems USA in a research note on Friday, November 22nd. They issued a "buy" rating and a $525.00 price objective on the stock. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $530.75.

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Comfort Systems USA Stock Performance

Shares of FIX traded up $5.39 during mid-day trading on Wednesday, hitting $362.02. 728,330 shares of the company's stock were exchanged, compared to its average volume of 561,203. Comfort Systems USA has a 52 week low of $272.92 and a 52 week high of $553.09. The stock's 50-day simple moving average is $436.85 and its 200-day simple moving average is $416.43. The firm has a market cap of $12.87 billion, a price-to-earnings ratio of 24.78 and a beta of 1.22. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.04.

Comfort Systems USA Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Monday, March 10th will be given a $0.40 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $1.60 dividend on an annualized basis and a yield of 0.44%. This is a positive change from Comfort Systems USA's previous quarterly dividend of $0.35. Comfort Systems USA's dividend payout ratio (DPR) is currently 10.95%.

Institutional Trading of Comfort Systems USA

A number of hedge funds have recently added to or reduced their stakes in FIX. Private Advisor Group LLC boosted its position in Comfort Systems USA by 11.6% in the third quarter. Private Advisor Group LLC now owns 1,055 shares of the construction company's stock valued at $412,000 after buying an additional 110 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in Comfort Systems USA by 215.9% in the third quarter. Assenagon Asset Management S.A. now owns 16,407 shares of the construction company's stock valued at $6,404,000 after buying an additional 11,213 shares in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in Comfort Systems USA in the third quarter valued at approximately $1,024,000. DekaBank Deutsche Girozentrale boosted its position in Comfort Systems USA by 0.7% in the third quarter. DekaBank Deutsche Girozentrale now owns 12,523 shares of the construction company's stock valued at $4,865,000 after buying an additional 93 shares in the last quarter. Finally, State of Alaska Department of Revenue boosted its position in Comfort Systems USA by 7.3% in the third quarter. State of Alaska Department of Revenue now owns 4,140 shares of the construction company's stock valued at $1,616,000 after buying an additional 280 shares in the last quarter. Institutional investors and hedge funds own 96.51% of the company's stock.

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.