Shares of Comfort Systems USA, Inc. (NYSE:FIX) reached a new 52-week high during trading on Thursday . The stock traded as high as $59.45 and last traded at $59.43, with a volume of 1416 shares trading hands. The stock had previously closed at $58.70.

Several analysts have recently commented on FIX shares. Zacks Investment Research raised Comfort Systems USA from a “hold” rating to a “strong-buy” rating and set a $63.00 price target for the company in a report on Wednesday, October 31st. DA Davidson set a $55.00 price target on Comfort Systems USA and gave the company a “hold” rating in a report on Monday, July 30th. Finally, ValuEngine cut Comfort Systems USA from a “buy” rating to a “hold” rating in a report on Thursday, November 1st. Five equities research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $59.00.

The company has a debt-to-equity ratio of 0.19, a current ratio of 1.35 and a quick ratio of 1.32. The firm has a market cap of $2.18 billion, a P/E ratio of 33.23, a P/E/G ratio of 1.96 and a beta of 1.23.

Comfort Systems USA (NYSE:FIX) last posted its quarterly earnings results on Friday, October 26th. The construction company reported $1.01 EPS for the quarter, beating the consensus estimate of $0.83 by $0.18. The business had revenue of $594.54 million during the quarter, compared to analysts’ expectations of $566.75 million. Comfort Systems USA had a return on equity of 22.60% and a net margin of 4.64%. Research analysts anticipate that Comfort Systems USA, Inc. will post 2.99 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 20th. Investors of record on Friday, November 9th will be issued a dividend of $0.09 per share. The ex-dividend date of this dividend is Thursday, November 8th. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.09. This represents a $0.36 annualized dividend and a yield of 0.62%. Comfort Systems USA’s payout ratio is currently 19.54%.

In related news, Director Alan Krusi sold 2,000 shares of Comfort Systems USA stock in a transaction on Thursday, November 1st. The stock was sold at an average price of $53.33, for a total transaction of $106,660.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman Franklin Myers acquired 3,047 shares of Comfort Systems USA stock in a transaction that occurred on Thursday, August 23rd. The shares were purchased at an average cost of $56.76 per share, with a total value of $172,947.72. Following the completion of the acquisition, the chairman now owns 225,000 shares of the company’s stock, valued at approximately $12,771,000. The disclosure for this purchase can be found here. Insiders own 3.48% of the company’s stock.

A number of hedge funds have recently modified their holdings of FIX. Acadian Asset Management LLC acquired a new position in Comfort Systems USA during the second quarter worth $136,000. Itau Unibanco Holding S.A. acquired a new position in Comfort Systems USA during the second quarter worth $162,000. Janus Henderson Group PLC acquired a new position in Comfort Systems USA during the third quarter worth $200,000. Canandaigua National Bank & Trust Co. acquired a new position in Comfort Systems USA during the third quarter worth $227,000. Finally, Greenwood Capital Associates LLC acquired a new position in Comfort Systems USA during the second quarter worth $245,000. 92.03% of the stock is owned by hedge funds and other institutional investors.

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Comfort Systems USA Company Profile (NYSE:FIX)

Comfort Systems USA, Inc provides mechanical installation, renovation, maintenance, repair, and replacement services for the mechanical services industry in the United States. It is involved in the design, engineering, integration, installation, and start-up of mechanical and related systems; and maintenance, repair, replacement, renovation, expansion, reconfiguration, and monitoring of mechanical systems, including heating, ventilation, and air conditioning (HVAC) systems, as well as industrial process piping.

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