Comfort Systems USA (FIX) Given Media Sentiment Rating of 0.24
News stories about Comfort Systems USA (NYSE:FIX) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Comfort Systems USA earned a news sentiment score of 0.24 on Accern’s scale. Accern also assigned news stories about the construction company an impact score of 48.2394948466752 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- Comfort Systems USA Increases Stock Repurchase Program (finance.yahoo.com)
- Comfort Systems Shares Up 20.9% Since SmarTrend’s Buy Recommendation (FIX) (mysmartrend.com)
- $566.75 Million in Sales Expected for Comfort Systems USA, Inc. (FIX) This Quarter (americanbankingnews.com)
- Ex-Dividend Reminder: W.W. Grainger, Comfort Systems USA and Landstar System (nasdaq.com)
- Brokerages Expect Comfort Systems USA, Inc. (FIX) Will Post Earnings of $0.83 Per Share (americanbankingnews.com)
A number of research firms recently commented on FIX. Zacks Investment Research upgraded Comfort Systems USA from a “hold” rating to a “strong-buy” rating and set a $49.00 price objective for the company in a report on Wednesday, May 2nd. DA Davidson upped their price objective on Comfort Systems USA from $46.00 to $48.00 and gave the company a “hold” rating in a report on Monday, April 30th. ValuEngine upgraded Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Tuesday, May 8th. Finally, Sidoti downgraded Comfort Systems USA from a “buy” rating to a “neutral” rating in a report on Thursday, June 7th. Four research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $59.00.
Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings results on Friday, July 27th. The construction company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.10. Comfort Systems USA had a return on equity of 19.88% and a net margin of 4.07%. The company had revenue of $535.00 million during the quarter, compared to the consensus estimate of $532.25 million. During the same period in the prior year, the company earned $0.48 earnings per share. The company’s revenue for the quarter was up 15.0% compared to the same quarter last year. research analysts predict that Comfort Systems USA will post 2.72 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, August 24th. Shareholders of record on Monday, August 13th will be issued a $0.085 dividend. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.08. This represents a $0.34 annualized dividend and a dividend yield of 0.61%. The ex-dividend date of this dividend is Friday, August 10th. Comfort Systems USA’s dividend payout ratio is 18.39%.
In other Comfort Systems USA news, insider Brian E. Lane sold 29,247 shares of the stock in a transaction dated Monday, July 30th. The stock was sold at an average price of $54.37, for a total value of $1,590,159.39. Following the completion of the sale, the insider now directly owns 228,093 shares in the company, valued at $12,401,416.41. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Alan Krusi sold 2,000 shares of the stock in a transaction dated Wednesday, August 1st. The stock was sold at an average price of $55.74, for a total value of $111,480.00. The disclosure for this sale can be found here. Over the last 90 days, insiders acquired 17,766 shares of company stock valued at $819,911 and sold 86,286 shares valued at $4,516,243. 3.48% of the stock is owned by corporate insiders.
Comfort Systems USA Company Profile
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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