Comfort Systems director Vance Tang sells $211,000 in stock

Published 02/05/2025, 15:14
Comfort Systems director Vance Tang sells $211,000 in stock

Vance Tang, a director at Comfort Systems USA Inc . (NYSE:FIX), recently sold shares valued at approximately $211,000. According to the SEC filing, Tang sold 500 shares of common stock on May 1, 2025, at an average price of $422 per share. The stock currently trades at $428.64, with the company maintaining a market capitalization of $15.1 billion. InvestingPro analysis shows the company boasts a perfect Piotroski Score of 9, indicating exceptional financial strength. Following this transaction, Tang holds 4,998 shares indirectly through The Tang Living Trust. The trust, established on October 3, 2014, names Tang and his spouse as trustees. Based on InvestingPro’s comprehensive analysis, the company maintains a "GREAT" overall financial health score of 3.51 out of 5, with particularly strong marks in growth and profitability. Discover 10+ additional exclusive insights and detailed financial metrics with InvestingPro’s in-depth research report.

In other recent news, Comfort Systems USA reported strong financial results for the first quarter of 2025, with earnings per share (EPS) of $4.75, significantly surpassing the forecasted $3.71. The company’s revenue reached $1.8 billion, exceeding the anticipated $1.75 billion, marking a 19% increase from the previous year. Stifel analysts maintained their Buy rating on Comfort Systems with a price target of $471, highlighting the company’s robust performance in the modular and electrical segments. Additionally, KeyBanc’s analyst Alex Dwyer maintained a Sector Weight rating, noting the company’s 220 basis points of margin expansion and a book-to-bill ratio of 1.5 times.

Comfort Systems’ management expressed confidence in managing supply chain challenges and rising costs, suggesting these issues will not significantly impact profit margins. The company confirmed its forecast for high single-digit same-store sales growth for the full year of 2025, with a total backlog that grew by 17% year-over-year. The technology end market, including data centers, saw a substantial year-over-year increase of 46%, reflecting strong demand in this area. Comfort Systems also reported a record level of backlog for the upcoming year of 2026, indicating sustained growth and a strong market presence. Analyst feedback suggests that Comfort Systems shares are fairly valued, with potential upside if the macroeconomic environment remains stable.

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