Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Comfort Systems USA (FIX) Stock Price
Press coverage about Comfort Systems USA (NYSE:FIX) has trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Comfort Systems USA earned a news impact score of 0.08 on Accern’s scale. Accern also gave news coverage about the construction company an impact score of 46.8391377081509 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Comfort Systems USA, Inc. (FIX) Expected to Post Quarterly Sales of $471.95 Million (americanbankingnews.com)
- Zacks Investment Research Lowers Comfort Systems USA, Inc. (FIX) to Sell (americanbankingnews.com)
- Research Analysts Set Expectations for Comfort Systems USA, Inc.’s FY2017 Earnings (NYSE:FIX) (americanbankingnews.com)
- Comfort Systems USA, Inc. (NYSE:FIX) Expected to Announce Earnings of $0.59 Per Share (americanbankingnews.com)
- Insider Selling: Comfort Systems USA, Inc. (FIX) Director Sells 2,000 Shares of Stock (americanbankingnews.com)
Shares of Comfort Systems USA (NYSE:FIX) opened at 33.20 on Monday. The firm has a 50-day moving average of $35.95 and a 200 day moving average of $35.38. The stock has a market cap of $1.24 billion, a PE ratio of 19.99 and a beta of 1.26. Comfort Systems USA has a 52 week low of $26.05 and a 52 week high of $39.67.
Comfort Systems USA (NYSE:FIX) last released its quarterly earnings results on Friday, July 28th. The construction company reported $0.48 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.49 by $0.01. The firm had revenue of $465.41 million for the quarter, compared to analyst estimates of $462.06 million. Comfort Systems USA had a net margin of 3.77% and a return on equity of 16.52%. The firm’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.47 EPS. On average, equities analysts forecast that Comfort Systems USA will post $1.76 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, August 25th. Investors of record on Monday, August 14th will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Thursday, August 10th. This represents a $0.30 annualized dividend and a yield of 0.90%. Comfort Systems USA’s dividend payout ratio is presently 17.96%.
FIX has been the subject of a number of recent research reports. Jefferies Group LLC boosted their price objective on shares of Comfort Systems USA from $80.00 to $83.00 and gave the company a “hold” rating in a research report on Wednesday, May 3rd. Zacks Investment Research upgraded shares of Comfort Systems USA from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th. BidaskClub cut shares of Comfort Systems USA from a “sell” rating to a “strong sell” rating in a research note on Friday, June 23rd. Finally, Guggenheim began coverage on shares of Comfort Systems USA in a research note on Tuesday, April 11th. They set a “buy” rating on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $54.00.
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In related news, Chairman Franklin Myers acquired 5,482 shares of the firm’s stock in a transaction on Monday, July 31st. The shares were acquired at an average cost of $33.58 per share, with a total value of $184,085.56. Following the completion of the acquisition, the chairman now directly owns 205,000 shares in the company, valued at approximately $6,883,900. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Alan Krusi sold 2,000 shares of the stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $33.85, for a total transaction of $67,700.00. The disclosure for this sale can be found here. Company insiders own 3.49% of the company’s stock.
Comfort Systems USA Company Profile
Comfort Systems USA, Inc is a provider of mechanical contracting services, which principally includes heating, ventilation and air conditioning (HVAC), plumbing, piping and controls, as well as off-site construction, electrical, monitoring and fire protection. As of December 31, 2016, the Company installed, maintained, repaired and replaced products and systems throughout its 35 operating units in 84 cities and 91 locations throughout the United States.
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