Comfort Systems USA(FIX)

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Comfort Systems USA(FIX) - 2025 Q1 - Quarterly Results
2025-04-24 20:05
Exhibit 99.1 CONTACT:Julie Shaeff, Chief Accounting Officer 675 Bering Drive, ir@comfortsystemsusa.com; 713-830-9687 Houston, Texas 77057 Suite 400 713-830-9600 FOR IMMEDIATE RELEASE COMFORT SYSTEMS USA REPORTS FIRST QUARTER 2025 RESULTS Houston, TX — April 24, 2025 — Comfort Systems USA, Inc. (NYSE: FIX) (the "Company") today reported results for the quarter ended March 31, 2025. For the quarter ended March 31, 2025, net income was $169.3 million, or $4.75 per diluted share, as compared to $96.3 million, o ...
Why the Market Dipped But Comfort Systems (FIX) Gained Today
ZACKS· 2025-04-15 22:55
Company Performance - Comfort Systems (FIX) ended the latest trading session at $356.21, reflecting a +1.31% adjustment from the previous day's close, outperforming the S&P 500's daily loss of 0.17% [1] - The company has gained 1.52% in share price over the past month, while the Construction sector lost 5.56% and the S&P 500 lost 3.94% during the same period [1] Upcoming Earnings - The upcoming EPS for Comfort Systems is projected at $3.66, indicating a 36.06% increase compared to the same quarter of the previous year [2] - Revenue is estimated to be $1.7 billion, reflecting a 10.81% rise from the equivalent quarter last year [2] Fiscal Year Estimates - For the entire fiscal year, earnings are projected at $17.87 per share and revenue at $7.55 billion, representing changes of +22.4% and +7.42% respectively from the prior year [3] - Recent changes in analyst estimates are important as they reflect near-term business trends, with positive revisions indicating a favorable business outlook [3] Valuation Metrics - Comfort Systems is currently trading with a Forward P/E ratio of 19.67, which is lower than the industry average Forward P/E of 27.43, suggesting that the company is trading at a discount [6] - The Building Products - Air Conditioner and Heating industry, to which Comfort Systems belongs, has a Zacks Industry Rank of 167, placing it in the bottom 33% of over 250 industries [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a proven track record of outperformance, with 1 stocks returning an average of +25% annually since 1988 [5] - Currently, Comfort Systems holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining stagnant over the past month [5]
Comfort Systems (FIX) Is Considered a Good Investment by Brokers: Is That True?
ZACKS· 2025-04-14 14:30
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Comfort Systems (FIX) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Comfort Systems currently has an ave ...
Buy, Buy, Bad Week. Time To Get Greedy
Seeking Alpha· 2025-04-12 11:30
Group 1 - The article highlights the significant market-moving political headlines that have emerged recently, indicating a highly dynamic environment for investors [1] - It mentions the importance of in-depth research on various investment vehicles such as REITs, mREITs, Preferreds, BDCs, MLPs, and ETFs, suggesting a focus on income alternatives [1] Group 2 - The article emphasizes the need for investors to be cautious, as past performance does not guarantee future results, and no specific investment recommendations are provided [2] - It notes that the views expressed may not reflect those of the broader platform, indicating a diversity of opinions among analysts [2]
Comfort Systems (FIX) Ascends While Market Falls: Some Facts to Note
ZACKS· 2025-04-08 22:55
Core Viewpoint - Comfort Systems (FIX) is showing resilience in its stock performance compared to broader market indices, with upcoming earnings expected to demonstrate significant growth in both EPS and revenue [1][3][4]. Company Performance - The stock price of Comfort Systems ended at $312.21, reflecting a slight increase of +0.03% from the previous day, contrasting with the S&P 500's decline of 1.57% [1]. - Over the past month, shares of Comfort Systems have decreased by 0.36%, which is significantly better than the Construction sector's loss of 11.78% and the S&P 500's loss of 12.16% [2]. Earnings Forecast - Analysts forecast Comfort Systems to report an EPS of $3.66, representing a 36.06% increase from the same quarter last year, with expected revenue of $1.7 billion, indicating a 10.81% increase [3]. - For the full year, the Zacks Consensus Estimates predict earnings of $17.87 per share and revenue of $7.55 billion, marking increases of +22.4% and +7.42% respectively from the previous year [4]. Analyst Sentiment - Recent revisions to analyst forecasts for Comfort Systems are crucial, as upward revisions indicate positive sentiment regarding the company's business operations and profit generation capabilities [5]. - The Zacks Rank system, which incorporates these estimate changes, currently rates Comfort Systems at 3 (Hold), with the consensus EPS estimate remaining unchanged over the last 30 days [6][7]. Valuation Metrics - Comfort Systems is trading at a Forward P/E ratio of 17.47, which is lower than the industry average Forward P/E of 24.7, suggesting a valuation discount [8]. - The Building Products - Air Conditioner and Heating industry, to which Comfort Systems belongs, ranks in the bottom 37% of all industries, according to the Zacks Industry Rank [8][9].
Comfort Systems: An Alternative Way To Gain Exposure To The AI Revolution
Seeking Alpha· 2025-04-01 18:22
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or ...
Comfort Systems (FIX) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2025-03-31 22:50
Comfort Systems (FIX) closed the most recent trading day at $322.33, moving -0.55% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.55%. Elsewhere, the Dow gained 1.01%, while the tech-heavy Nasdaq lost 0.14%. The the stock of heating, ventilation and air conditioning company has fallen by 10.8% in the past month, lagging the Construction sector's loss of 5.58% and the S&P 500's loss of 6.22%. From a valuation perspective, Comfort Systems is currently exch ...
Wall Street Analysts See Comfort Systems (FIX) as a Buy: Should You Invest?
ZACKS· 2025-03-27 14:30
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Comfort Systems (FIX) .Comfort Systems currently has an average brokerage ...
Why Comfort Systems USA Just Earned A Top Spot In My Portfolio
Seeking Alpha· 2025-03-26 18:00
Group 1 - The article promotes iREIT on Alpha as a source for in-depth research on various income alternatives including REITs, mREITs, Preferreds, BDCs, MLPs, and ETFs, highlighting its positive testimonials [1] - It mentions a free 2-week trial for potential users, emphasizing the lack of risk in trying the service [1] Group 2 - The analyst has disclosed a beneficial long position in several companies including FIX, CSL, ODFL, UNP, LB, CP, and TPL, indicating a personal investment interest [2] - The article expresses the author's personal opinions and clarifies that no compensation is received for the article beyond what is provided by Seeking Alpha [2] Group 3 - Seeking Alpha clarifies that past performance does not guarantee future results and that no specific investment recommendations are being made [3] - The platform emphasizes that views expressed may not reflect the opinions of Seeking Alpha as a whole and that its analysts may not be licensed or certified [3]
Is Comfort Systems Stock a Buy After a 20% YTD Dip?
ZACKS· 2025-03-19 18:00
Core Viewpoint - Comfort Systems USA, Inc. (FIX) has shown strong long-term performance with a 143.8% return over the past two years, but has recently faced challenges, with a 20% year-to-date decline, underperforming its industry and broader market indices [1][4][21]. Financial Performance - The company reported a 38% year-over-year revenue increase to $1.87 billion in Q4 2024, exceeding estimates by 6.4% [5]. - Earnings per share (EPS) surged 60% to $4.09, and gross margins expanded by 260 basis points to 23.2% [5]. - Comfort Systems ended 2024 with a record backlog of $6 billion, indicating strong future revenue potential [5]. Stock Performance - As of the latest report, FIX stock closed at $339.30, significantly below its 52-week high of $553.09 but above its low of $272.93 [6]. - The stock has outperformed AAON, Inc. (down 28.1%) but underperformed compared to Watsco, Inc. (down 1.1%) and EMCOR Group, Inc. (down 8.9%) in the past month [6]. Market Challenges - Recent stock weakness is attributed to investor concerns over potential margin compression due to tariffs and external economic factors [4][7]. - Tariffs could lead to increased input costs and supply chain disruptions, impacting profit margins and project timelines [7]. Growth Drivers - The industrial sector accounted for over 60% of total revenues in 2024, with data center projects contributing 33% of revenues, up from 21% the previous year [13]. - The company’s modular construction segment grew by approximately 50% year-over-year, representing 17% of total revenues in 2024 [16]. - Strategic acquisitions, such as Century Contractors, are expected to add an estimated $90 million in annual revenues, enhancing market presence [17]. Financial Stability - Comfort Systems ended 2024 with nearly $550 million in cash and minimal debt, with a debt-to-EBITDA ratio of 0.08, reflecting strong financial management [18]. - The company has maintained positive free cash flow for 26 consecutive years and has increased its dividend for 13 consecutive years [18]. Valuation - FIX stock is currently trading at a forward P/E ratio of 18.72, lower than the industry average and its three-year median value of 21.54 [19][21]. - Despite recent stock price weakness, the valuation appears attractive compared to historical and industry averages [22].