Comfort Systems USA, Inc. (FIX) experienced a significant price drop of $106.22, representing a 5.92% decrease from the previous close. With a trading volume of $112,694, which is 25.9% higher than the average, FIX faces notable market activity today.
In the latest earnings report on Wednesday, April 22nd, FIX fell short of the consensus estimate EPS at 6.81. The company's latest quarterly revenue and earnings call summary are pending updates.
FIX currently offers a forward dividend yield of 0.166% with a dividend per share MRQ of 70 cents. Year-over-year, the dividend per share increased to 62.5 cents, while the TTM dividend per share stands at $2.25.
KeyBanc recently upgraded FIX to "Overweight," while UBS maintained a "Buy" rating. The consensus suggests a hold action based on the current stock price of $1,758.72 when the grades were published.
The company's cash flow statement reflects a positive free cash flow of $241.35 million. Notable activities include debt repayment of $106.15 million and a net cash increase of $68.27 million.
FIX generated a revenue of $2.87 billion with a gross profit of $754.41 million. The company reported an operating income of $485.72 million and a net income of $370.38 million.
Key ratios indicate a healthy financial position, with a net profit margin of 12.93%, return on equity at 13.16%, and a price to earnings ratio of 32.77 for FIX.
With total assets of $6.94 billion and total liabilities of $4.12 billion, FIX maintains a strong financial standing, supported by cash and cash equivalents of $1 billion.
This report provides insights into FIX's current market performance, financial health, and analyst sentiment.
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. It also involved in the design, engineering, integration, installation, and start-up of mechanical, electrical, and plumbing (MEP) and related systems in new buildings; and renovation, expansion, maintenance, monitoring, repair, and replacement of MEP systems in existing buildings. In addition, the company provides remote monitoring of power usage, temperature, pressure, humidity and air flow for MEP and other building systems. It serves building owners and developers, general contractors, architects, consulting engineers, and property managers in the commercial, industrial, and institutional MEP markets. Comfort Systems USA, Inc. was founded in 1917 and is headquartered in Houston, Texas.