STOCK TITAN

Comfort Sys Usa - FIX STOCK NEWS

Welcome to our dedicated page for Comfort Sys Usa news (Ticker: FIX), a resource for investors and traders seeking the latest updates and insights on Comfort Sys Usa stock.

Comfort Systems USA, Inc. (symbol: FIX) is a leading national corporation specializing in heating, ventilation, and air conditioning (HVAC) services. Our vast portfolio spans various types of buildings, including commercial, industrial, and institutional structures. With nearly thirty years of experience per acquired company, we offer a complete range of HVAC services, ensuring optimal indoor climate control anywhere, anytime.

At Comfort Systems USA, we pride ourselves on our extensive range of services, which include HVAC design, installation, maintenance, and fine-tuning. Our technical experts are adept at handling projects for downtown high-rises, hospitals, universities, and national hotels. We also provide HVAC solutions for factories and industrial plants that produce everything from food products to high-tech components.

Our operations are divided into two primary segments: Mechanical Services and Electrical Services, with the majority of revenue generated from the Mechanical Services segment. This includes HVAC, plumbing, piping, controls, and other mechanical contracting work. We offer installation services for newly constructed facilities as well as maintenance services for existing buildings, ensuring our clients receive comprehensive support throughout the lifecycle of their systems.

Comfort Systems USA has grown significantly by merging the talents of top HVAC-related firms across the country, enabling us to offer unparalleled technical expertise and service range. Our national presence allows us to provide consistent, high-quality services that exceed industry standards.

Recent achievements highlight our commitment to excellence. From completing major projects in high-profile buildings to forming strategic partnerships that enhance our service offerings, we are dedicated to advancing the HVAC industry and improving the environments in which people live and work.

Stay updated with the latest news and developments about Comfort Systems USA, Inc., to understand how we continue to lead and innovate in the HVAC sector.

Rhea-AI Summary
Comfort Systems USA, Inc. (FIX) has closed the acquisition of Summit Industrial Construction, LLC, a specialty industrial mechanical contractor. Summit is expected to contribute annual revenues of $375-400 million and earnings of $35-40 million. The acquisition is expected to be neutral to slightly accretive to earnings per share in 2024 and 2025. Comfort Systems USA CEO, Brian Lane, expressed excitement over the acquisition and expects Summit to continue to innovate and grow as part of the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.8%
Tags
-
Rhea-AI Summary
The Stephens Group, LLC has entered into a definitive agreement to sell Summit Industrial Construction, LLC to Comfort Systems USA, Inc. (NYSE: FIX). Summit is a specialty industrial mechanical contractor offering engineering, design-assist, and turnkey construction services. It serves the advanced technology, power, and industrial sectors, with capabilities in modular and site-based construction. Summit is currently deployed on several major chip fabrication projects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.75%
Tags
none
-
Rhea-AI Summary
Comfort Systems USA, Inc. (NYSE: FIX) has agreed to acquire Summit Industrial Construction, LLC (Summit) headquartered in Houston, Texas. Summit is a specialty industrial mechanical contractor offering engineering, design-assist, and turnkey construction services of modular systems. The acquisition is expected to close in the first quarter of 2024. Summit is expected to contribute annualized revenues of approximately $360 million to $400 million and earnings before interest, taxes, depreciation, and amortization of $30 million to $45 million. The transaction is expected to expand and diversify Comfort Systems USA's modular construction offering, especially for advanced technology and heavy industrial customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.75%
Tags
Rhea-AI Summary
Comfort Systems USA, Inc. reports strong Q3 2023 results with net income of $105.1 million and revenue of $1,378.1 million. Backlog increases by 32% year over year. Company expects strong results for Q4 and 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.55%
Tags
-
Rhea-AI Summary
Comfort Systems USA, Inc. (NYSE: FIX) announces a quarterly dividend increase of $0.025 per share, payable on November 27, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.55%
Tags
dividends
-
Rhea-AI Summary
Comfort Systems USA, Inc. schedules quarterly conference call and webcast to discuss third quarter 2023 financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.31%
Tags
Rhea-AI Summary
Comfort Systems USA appoints Rhoman J. Hardy to its Board of Directors, bringing added depth of experience and expertise. Hardy's background in engineering and executive management will contribute meaningfully to the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.43%
Tags
management
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.3%
Tags
-
Rhea-AI Summary
Comfort Systems USA, Inc. (NYSE: FIX) has announced an increase in its quarterly dividend from $0.20 to $0.225 per share. The dividend will be payable on August 28, 2023, to stockholders of record as of August 17, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.3%
Tags
dividends
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.64%
Tags

FAQ

What is the current stock price of Comfort Sys Usa (FIX)?

The current stock price of Comfort Sys Usa (FIX) is $363.33 as of February 28, 2025.

What is the market cap of Comfort Sys Usa (FIX)?

The market cap of Comfort Sys Usa (FIX) is approximately 12.7B.

What services does Comfort Systems USA, Inc. provide?

Comfort Systems USA, Inc. offers comprehensive HVAC services, including design, installation, maintenance, plumbing, piping, controls, and electrical components for commercial, industrial, and institutional buildings.

What type of buildings does Comfort Systems USA, Inc. serve?

We provide HVAC services for a wide range of buildings, including downtown high-rises, hospitals, universities, national hotels, factories, and industrial plants.

How experienced is Comfort Systems USA, Inc.?

While Comfort Systems USA is a relatively young company, each of our acquired companies averages nearly thirty years of experience in the HVAC industry.

What segments does Comfort Systems USA, Inc. operate in?

Comfort Systems USA, Inc. operates in two segments: Mechanical Services and Electrical Services, with the majority of revenue coming from Mechanical Services.

Does Comfort Systems USA, Inc. offer services for new constructions?

Yes, Comfort Systems USA, Inc. provides installation services for newly constructed facilities as well as maintenance services for existing buildings.

What makes Comfort Systems USA, Inc. stand out in the industry?

Our national presence, coupled with the merging of top HVAC-related firms, allows us to offer the widest range of technical expertise and services, exceeding industry standards.

Where is Comfort Systems USA, Inc. headquartered?

Comfort Systems USA, Inc. is headquartered in Houston, Texas, with operations throughout the United States.

What recent achievements has Comfort Systems USA, Inc. accomplished?

Comfort Systems USA, Inc. has completed major projects in high-profile buildings and formed strategic partnerships to enhance our service offerings and drive innovation in the HVAC sector.

What industries does Comfort Systems USA, Inc. serve?

We serve a variety of industries, including commercial, healthcare, education, hospitality, and industrial sectors.

How can I stay updated about Comfort Systems USA, Inc.?

You can stay updated by following the latest news and developments about Comfort Systems USA, Inc. through reliable news sources and our official communications.
Comfort Sys Usa

NYSE:FIX

FIX Rankings

FIX Stock Data

12.74B
34.91M
1.51%
96.08%
1.87%
Engineering & Construction
Electrical Work
Link
United States
HOUSTON