Comfort Systems USA, Inc (NYSE:FIX) price on Friday, March 21, fall -1.30% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $352.15.
A look at the stock’s price movement, the close in the last trading session was $356.79, moving within a range at $346.21 and $356.33. The beta value (5-Year monthly) was 1.235 while the PE ratio in trailing twelve months stood at 24.11. Turning to its 52-week performance, $553.09 and $272.92 were the 52-week high and 52-week low respectively. Overall, FIX moved -7.85% over the past month.
Comfort Systems USA, Inc’s market cap currently stands at around $12.52 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-19. The company has a Forward Dividend ratio of 1.35, with its dividend yield at 0.38%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 1.77B for the company’s revenue for the quarter, with a low and high estimate of 1.7B and 1.83B respectively. The average forecast suggests up to a 14.90% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 7.76B, representing a 10.36% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that FIX is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
The technical evaluation for the stock shows the PEG ratio is 1.64, with FIX’s current price about 2.06% and -13.42% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 45.92, while 7-day volatility ratio is 4.37% and 6.03% in the 30-day chart. Further, Comfort Systems USA, Inc (FIX) has a beta value of 1.22, and an average true range (ATR) of 20.23. Analysts have given the company’s stock an average 52-week price target of $575, forecast between a low of $575 and high of $575. Looking at the price targets, the low is -63.28% off current price level while to achieve the yearly target high, price needs to move -63.28%. Nonetheless, investors will most likely welcome a -63.28% jump to $575 which is the analysts’ median price.
If we refocus on Comfort Systems USA, Inc (NYSE:FIX), historical trading data shows that trading volumes averaged 0.51 over the past 10 days and 524.55K over the past 3 months. The company’s latest data on shares outstanding shows there are 35.56 million shares.
The 1.51% of Comfort Systems USA, Inc’s shares are in the hands of company insiders while institutional holders own 96.46% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.03 million on 2025-02-28, giving us a short ratio of 1.65. The data shows that as of 2025-02-28 short interest in Comfort Systems USA, Inc (FIX) stood at 419.00000000000006 of shares outstanding, with shares short rising to 0.72 million registered in 2025-01-31. Current price change has pushed the stock -16.96% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the FIX stock continues to rise going into the next quarter.
