Comfort Systems USA (FIX) Stock Price, News & Analysis

Company Overview

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. It also engages in the design, engineering, integration, installation, and start-up of mechanical, electrical, and plumbing (MEP) and related systems in new buildings; and renovation, expansion, maintenance, monitoring, repair, and replacement of MEP systems in existing buildings. In addition, the company provides remote monitoring of power usage, temperature, pressure, humidity and air flow for MEP and other building systems. It serves building owners and developers, general contractors, architects, consulting engineers, and property managers in the commercial, industrial, and institutional MEP markets. Comfort Systems USA, Inc. was founded in 1917 and is headquartered in Houston, Texas.

Key Stats

• Today's Range: $464.49 to $480.45
• 50-Day Range: $334.05 to $474.34
• 52-Week Range: $185.83 to $481.80
• Volume: 423,532 shs
• Average Volume: 383,444 shs
• Market Capitalization: $16.96 billion
• P/E Ratio: 36.46
• Dividend Yield: 0.29%
• Price Target: $466.33
• Consensus Rating: Moderate Buy

Comfort Systems USA Stock Analysis - MarketRank™

Comfort Systems USA scored higher than 91% of companies evaluated by MarketBeat, and ranked 17th out of 102 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Comfort Systems USA has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Comfort Systems USA has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 22.48%

Earnings Growth

Earnings for Comfort Systems USA are expected to grow by 22.48% in the coming year, from $13.88 to $17.00 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Comfort Systems USA is 36.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Comfort Systems USA is 36.46, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 29.79.

Price to Book Value per Share Ratio

Comfort Systems USA has a P/B Ratio of 13.32. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.53% of the float of Comfort Systems USA has been sold short.

Short Interest Ratio / Days to Cover

Comfort Systems USA has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Comfort Systems USA has recently increased by 40.26%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Comfort Systems USA has a dividend yield of 0.31%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Comfort Systems USA has been increasing its dividend for 12 years.

Dividend Coverage

The dividend payout ratio of Comfort Systems USA is 10.71%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Comfort Systems USA will have a dividend payout ratio of 8.24% next year. This indicates that Comfort Systems USA will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.4 / 5
• Environmental Score: -1.62

Percentage of Shares Shorted

1.53% of the float of Comfort Systems USA has been sold short.

Short Interest Ratio / Days to Cover

Comfort Systems USA has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Comfort Systems USA has recently increased by 40.26%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 4.0 / 5
• News Sentiment: 1.23

News Sentiment

Comfort Systems USA has a news sentiment score of 1.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.82 average news sentiment score of Construction companies.

News Coverage This Week

MarketBeat has tracked 27 news articles for Comfort Systems USA this week, compared to 9 articles on an average week.

Search Interest

28 people have searched for FIX on MarketBeat in the last 30 days. This is an increase of 47% compared to the previous 30 days.

MarketBeat Follows

6 people have added Comfort Systems USA to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Comfort Systems USA insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $14,684,140.00 in company stock.

Percentage Held by Insiders

Only 1.80% of the stock of Comfort Systems USA is held by insiders.

Percentage Held by Institutions

96.51% of the stock of Comfort Systems USA is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FIX Stock Analysis - Frequently Asked Questions

How have FIX shares performed this year?

Comfort Systems USA's stock was trading at $205.67 at the beginning of 2024. Since then, FIX shares have increased by 131.7% and is now trading at $476.49.
View the best growth stocks for 2024 here.

How were Comfort Systems USA's earnings last quarter?

Comfort Systems USA, Inc. (NYSE:FIX) announced its earnings results on Thursday, October, 24th. The construction company reported $4.09 EPS for the quarter, beating analysts' consensus estimates of $3.97 by $0.12. The firm's revenue for the quarter was up 31.5% on a year-over-year basis.

Who are Comfort Systems USA's major shareholders?

Top institutional shareholders of Comfort Systems USA include FMR LLC (4.35%), State Street Corp (2.97%), Baillie Gifford & Co. (2.83%) and Geode Capital Management LLC (2.10%). Insiders that own company stock include Brian E Lane, Franklin Myers, William George III, Herman E Bulls, Darcy Anderson, T Mckenna Trent, Julie Shaeff, Constance Ellen Skidmore, William J Sandbrook, Pablo G Mercado, Laura Finley Howell, Vance W Tang and Rhoman J Hardy.
View institutional ownership trends.

How do I buy shares of Comfort Systems USA?

Shares of FIX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Comfort Systems USA own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Comfort Systems USA investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), ServiceNow (NOW), Adobe (ADBE) and e.l.f. Beauty (ELF).

Company Calendar

• Ex-Dividend for 8/23 Dividend: 8/12/2024
• Dividend Payable: 8/23/2024
• Last Earnings: 10/24/2024
• Ex-Dividend for 11/25 Dividend: 11/14/2024
• Today: 11/21/2024
• Dividend Payable: 11/25/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Construction
• Industry: Electrical work
• Sub-Industry: Construction & Engineering
• Current Symbol: NYSE:FIX
• CUSIP: 19990810
• CIK: 1035983
• Web: www.comfortsystemsusa.com
• Phone: (713) 830-9600
• Fax: 713-830-9696
• Employees: 15,800
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $466.33
• High Stock Price Target: $525.00
• Low Stock Price Target: $350.00
• Potential Upside/Downside: -2.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $13.07
• Trailing P/E Ratio: 36.46
• Forward P/E Ratio: 34.33
• P/E Growth: N/A
• Net Income: $323.40 million
• Net Margins: 7.18%
• Pretax Margin: 9.09%
• Return on Equity: 32.74%
• Return on Assets: 11.82%

Debt

• Debt-to-Equity Ratio: 0.04
• Current Ratio: 1.04
• Quick Ratio: 1.02

Sales & Book Value

• Annual Sales: $5.21 billion
• Price / Sales: 3.26
• Cash Flow: $11.87 per share
• Price / Cash Flow: 40.14
• Book Value: $35.78 per share
• Price / Book: 13.32

Miscellaneous

• Outstanding Shares: 35,590,000
• Free Float: 34,952,000
• Market Cap: $16.96 billion
• Optionable: Optionable
• Beta: 1.13