Does Comfort Systems USA, Inc (NYSE:FIX) warrant a purchase right now? What to Consider Before Making a Decision

The stock of Comfort Systems USA, Inc (NYSE:FIX) last traded at $486.65, down -3.47% from the previous session.

FIX stock price is now 15.37% away from the 50-day moving average and 42.55% away from the 200-day moving average. The market capitalization of the company currently stands at $17.32B.

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With the price target of $525, Northcoast recently initiated with Buy rating for Comfort Systems USA, Inc (NYSE: FIX). On November 19, 2024, UBS Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $396 to quote $525, while ‘Stifel’ rates the stock as ‘Buy’

In other news, Trent T McKenna, EVP & CHIEF OPERATING OFFICER sold 4,000 shares of the company’s stock on Nov 22 ’24. The stock was sold for $1,939,255 at an average price of $484.81. Upon completion of the transaction, the EVP & CHIEF OPERATING OFFICER now directly owns 23,990 shares in the company, valued at $11.67 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 22 ’24, Officer Trent T McKenna bought 4,000 shares of the business’s stock. A total of $1,939,255 was incurred on buying the stock at an average price of $484.81. A total of 1.52% of the company’s stock is owned by insiders.

During the past 12 months, Comfort Systems USA, Inc has had a low of $185.83 and a high of $510.79. As of last week, the company has a debt-to-equity ratio of 0.19, a current ratio of 1.04, and a quick ratio of 1.02. According to the stock market information, the enterprise value for the company is $17154151424, which is based on a 37.23 price-to-earnings ratio, a 1.86 price-to-earnings-growth ratio, and a beta of 1.19. The fifty day moving average price for FIX is $419.2284 and a two-hundred day moving average price translates $340.1349 for the stock.

The latest earnings results from Comfort Systems USA, Inc (NYSE: FIX) was released for 2024-09-30. The net profit margin was 7.18% and return on equity was 33.50% for FIX. The company reported revenue of $1.81 billion for the quarter, compared to $1.38 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 31.51 percent. For the current quarter, analysts expect FIX to generate $1.77B in revenue.

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