Comfort Systems USA, Inc. (NYSE:FIX) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Comfort Systems USA, Inc. (NYSE:FIX) have been given a consensus recommendation of “Moderate Buy” by the eight analysts that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $1,022.00.

Several research analysts have recently commented on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Comfort Systems USA in a report on Wednesday, January 21st. UBS Group raised their price objective on Comfort Systems USA from $875.00 to $1,140.00 and gave the stock a “buy” rating in a research note on Monday, October 27th. Stifel Nicolaus lifted their price objective on Comfort Systems USA from $1,155.00 to $1,196.00 and gave the company a “buy” rating in a report on Monday. Wall Street Zen lowered Comfort Systems USA from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 3rd. Finally, DA Davidson restated a “buy” rating and issued a $1,200.00 price target on shares of Comfort Systems USA in a research report on Friday, December 19th.

Insider Activity

In other news, CFO William George III sold 4,370 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $958.88, for a total value of $4,190,305.60. Following the completion of the transaction, the chief financial officer directly owned 39,824 shares in the company, valued at approximately $38,186,437.12. The trade was a 9.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Brian E. Lane sold 7,158 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $947.98, for a total transaction of $6,785,640.84. Following the sale, the insider directly owned 180,888 shares of the company’s stock, valued at approximately $171,478,206.24. This trade represents a 3.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 16,528 shares of company stock valued at $15,806,986 in the last 90 days. 1.59% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Comfort Systems USA

Large investors have recently modified their holdings of the business. Toth Financial Advisory Corp acquired a new position in shares of Comfort Systems USA during the third quarter worth $25,000. Quent Capital LLC bought a new position in Comfort Systems USA during the 3rd quarter worth $25,000. Ameriflex Group Inc. raised its position in Comfort Systems USA by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 30 shares of the construction company’s stock worth $25,000 after purchasing an additional 15 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in Comfort Systems USA during the 2nd quarter worth about $27,000. Finally, Eastern Bank bought a new stake in shares of Comfort Systems USA in the 3rd quarter valued at about $31,000. Institutional investors and hedge funds own 96.51% of the company’s stock.

Comfort Systems USA Price Performance

NYSE:FIX opened at $1,159.22 on Wednesday. Comfort Systems USA has a 52 week low of $276.44 and a 52 week high of $1,177.87. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.20 and a current ratio of 1.22. The firm’s 50-day simple moving average is $999.53 and its 200 day simple moving average is $853.12. The firm has a market cap of $40.89 billion, a price-to-earnings ratio of 49.08 and a beta of 1.66.

Comfort Systems USA Company Profile

Comfort Systems USA, Inc is a U.S.-based mechanical contracting company that provides a range of heating, ventilation and air conditioning (HVAC) services to commercial, industrial and institutional customers. The company focuses on the design, installation, maintenance and repair of HVAC systems, and it supports projects from initial engineering and system selection through long-term service agreements and upgrades.

Its service offerings include new construction and retrofit installations, preventive and corrective maintenance, emergency repair, energy management and building automation systems.