On March 1, 2024, Brian Lane, the President and Chief Executive Officer of Comfort Systems USA Inc (NYSE:FIX), sold 16,000 shares of the company. The transaction was filed with the SEC and can be viewed in detail through the SEC Filing.
Comfort Systems USA Inc is a leading provider of commercial, industrial, and institutional heating, ventilation, air conditioning, and electrical contracting services. The company operates primarily in the United States, offering a range of services including installation, maintenance, repair, and replacement of HVAC systems.
According to the data, the insider has been active in the market over the past year, selling a total of 56,000 shares and making no purchases of the company's stock.
The insider transaction history for Comfort Systems USA Inc indicates a pattern of more insider sales than purchases over the past year. There has been a total of 1 insider buy and 17 insider sells during this period.
On the day of the insider's recent sale, shares of Comfort Systems USA Inc were trading at $312.13, giving the company a market capitalization of $11.426 billion.
The price-earnings ratio of Comfort Systems USA Inc stands at 35.58, which is above both the industry median of 15.255 and the company's own historical median price-earnings ratio. This suggests a higher valuation compared to its peers and its own past trading history.
With the current share price at $312.13 and the GuruFocus Value at $168.89, the price-to-GF-Value ratio is 1.85. This indicates that Comfort Systems USA Inc is significantly overvalued according to the GF Value metric.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
