DA Davidson Boosts Comfort Systems USA (NYSE:FIX) Price Target to $465.00

Comfort Systems USA (NYSE:FIX - Get Free Report) had its target price increased by equities researchers at DA Davidson from $440.00 to $465.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage currently has a "buy" rating on the construction company's stock. DA Davidson's price target points to a potential upside of 19.87% from the company's previous close.

• Investors Should Get Comfortable with Comfort Systems USA

FIX has been the topic of several other reports. StockNews.com downgraded shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a research note on Thursday, April 17th. Sidoti upgraded Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 target price for the company in a research report on Monday, February 24th. Finally, Stifel Nicolaus lowered their price objective on Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating for the company in a research note on Monday, February 24th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Comfort Systems USA currently has an average rating of "Moderate Buy" and an average price target of $517.60.

View Our Latest Research Report on FIX

Comfort Systems USA Stock Down 2.4 %

NYSE FIX traded down $9.51 during trading on Monday, reaching $387.92. The company's stock had a trading volume of 179,806 shares, compared to its average volume of 438,945. The stock has a market capitalization of $13.70 billion, a PE ratio of 26.53 and a beta of 1.27. Comfort Systems USA has a 1-year low of $272.93 and a 1-year high of $553.09. The business has a 50-day moving average price of $345.86 and a 200-day moving average price of $412.26. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04.

Comfort Systems USA (NYSE:FIX - Get Free Report) last issued its earnings results on Thursday, April 24th. The construction company reported $4.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.66 by $1.09. The company had revenue of $1.83 billion for the quarter, compared to analysts' expectations of $1.77 billion. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. Comfort Systems USA's quarterly revenue was up 19.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.69 EPS. On average, research analysts forecast that Comfort Systems USA will post 16.85 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Comfort Systems USA

Institutional investors have recently added to or reduced their stakes in the company. Consolidated Planning Corp raised its stake in shares of Comfort Systems USA by 49.0% in the 4th quarter. Consolidated Planning Corp now owns 4,783 shares of the construction company's stock valued at $2,028,000 after purchasing an additional 1,573 shares during the period. Diversified Trust Co bought a new stake in Comfort Systems USA in the fourth quarter valued at approximately $2,998,000. Raymond James Financial Inc. bought a new position in shares of Comfort Systems USA during the 4th quarter worth approximately $39,038,000. BOCHK Asset Management Ltd purchased a new position in Comfort Systems USA during the 4th quarter worth $509,000. Finally, HB Wealth Management LLC bought a new stake in Comfort Systems USA in the fourth quarter worth about $292,000. 96.51% of the stock is owned by institutional investors.

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.

Featured Articles

• Five stocks we like better than Comfort Systems USA
• How to Calculate Return on Investment (ROI)
• Best Defense Stocks in 2025... So Far
• Utilities Stocks Explained – How and Why to Invest in Utilities
• Alphabet Rebounds After Strong Earnings and Buyback Announcement
• Options Trading - Understanding Strike Price
• Could Selling Taiwan Semiconductor Be Buffett’s Biggest Regret?

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Comfort Systems USA Right Now?

Before you consider Comfort Systems USA, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Comfort Systems USA wasn't on the list.

While Comfort Systems USA currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here