Stifel Nicolaus Cuts Comfort Systems USA (NYSE:FIX) Price Target to $471.00

Comfort Systems USA (NYSE:FIX) had its price target decreased by equities researchers at Stifel Nicolaus from $577.00 to $471.00 in a report issued on Monday,Benzinga reports. The firm presently has a “buy” rating on the construction company’s stock. Stifel Nicolaus’ price objective indicates a potential upside of 27.69% from the stock’s current price.

Several other research analysts also recently commented on FIX. Northcoast Research started coverage on shares of Comfort Systems USA in a report on Friday, November 22nd. They issued a “buy” rating and a $525.00 target price on the stock. Sidoti upgraded shares of Comfort Systems USA from a “neutral” rating to a “buy” rating and set a $552.00 target price on the stock in a report on Monday. StockNews.com upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Saturday, February 15th. Finally, UBS Group raised their price target on shares of Comfort Systems USA from $525.00 to $575.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $494.60.

Comfort Systems USA Stock Up 2.9 %

Comfort Systems USA stock opened at $368.86 on Monday. The company has a market capitalization of $13.13 billion, a P/E ratio of 25.25 and a beta of 1.22. Comfort Systems USA has a 1-year low of $272.92 and a 1-year high of $553.09. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04. The firm’s fifty day simple moving average is $442.81 and its 200-day simple moving average is $416.41.

Comfort Systems USA (NYSE:FIX) last announced its earnings results on Thursday, February 20th. The construction company reported $4.09 EPS for the quarter, topping the consensus estimate of $3.63 by $0.46. The firm had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.77 billion. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. Sell-side analysts forecast that Comfort Systems USA will post 16.85 earnings per share for the current fiscal year.

Institutional Trading of Comfort Systems USA

Institutional investors have recently made changes to their positions in the business. Hollencrest Capital Management acquired a new stake in shares of Comfort Systems USA during the 3rd quarter valued at about $28,000. EverSource Wealth Advisors LLC boosted its position in shares of Comfort Systems USA by 1,925.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 81 shares of the construction company’s stock valued at $34,000 after acquiring an additional 77 shares in the last quarter. Harbor Investment Advisory LLC boosted its position in shares of Comfort Systems USA by 183.3% during the 4th quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company’s stock valued at $36,000 after acquiring an additional 55 shares in the last quarter. Colonial Trust Co SC boosted its position in shares of Comfort Systems USA by 352.6% during the 4th quarter. Colonial Trust Co SC now owns 86 shares of the construction company’s stock valued at $36,000 after acquiring an additional 67 shares in the last quarter. Finally, Private Trust Co. NA boosted its position in shares of Comfort Systems USA by 41.3% during the 4th quarter. Private Trust Co. NA now owns 106 shares of the construction company’s stock valued at $45,000 after acquiring an additional 31 shares in the last quarter. 96.51% of the stock is currently owned by institutional investors and hedge funds.

About Comfort Systems USA

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.