News stories about Lennox International (NYSE:LII) have been trending somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lennox International earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned news stories about the construction company an impact score of 44.4511898409421 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
A number of brokerages recently issued reports on LII. UBS Group reiterated a “neutral” rating and issued a $215.00 price objective (down previously from $230.00) on shares of Lennox International in a report on Wednesday, February 7th. Robert W. Baird dropped their price objective on shares of Lennox International from $232.00 to $228.00 and set an “outperform” rating for the company in a report on Wednesday, February 7th. Morgan Stanley raised their price objective on shares of Lennox International from $166.00 to $169.00 and gave the company an “underweight” rating in a report on Tuesday, October 24th. Cowen reissued a “buy” rating and set a $190.00 target price on shares of Lennox International in a research report on Monday, October 23rd. Finally, Stifel Nicolaus increased their target price on shares of Lennox International from $187.00 to $192.00 and gave the company a “hold” rating in a research report on Tuesday, October 24th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $201.43.
Lennox International (NYSE LII) traded up $1.06 during trading hours on Wednesday, reaching $201.09. 75,888 shares of the company’s stock were exchanged, compared to its average volume of 296,928. The firm has a market cap of $8,430.38, a P/E ratio of 25.42, a PEG ratio of 1.00 and a beta of 1.17. Lennox International has a twelve month low of $157.37 and a twelve month high of $223.05. The company has a debt-to-equity ratio of 19.37, a current ratio of 1.74 and a quick ratio of 1.00.
Lennox International (NYSE:LII) last announced its quarterly earnings data on Tuesday, February 6th. The construction company reported $1.68 EPS for the quarter, topping the consensus estimate of $1.65 by $0.03. The company had revenue of $891.80 million during the quarter, compared to the consensus estimate of $906.85 million. Lennox International had a net margin of 7.96% and a return on equity of 1,465.51%. The company’s quarterly revenue was down .6% on a year-over-year basis. During the same quarter last year, the firm posted $1.50 EPS. research analysts expect that Lennox International will post 10.18 EPS for the current fiscal year.
Lennox International announced that its Board of Directors has approved a stock repurchase program on Wednesday, December 13th that authorizes the company to buyback $300.00 million in shares. This buyback authorization authorizes the construction company to buy shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its stock is undervalued.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 16th. Stockholders of record on Friday, December 29th were given a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend was Thursday, December 28th. Lennox International’s dividend payout ratio (DPR) is 28.53%.
In related news, insider Gary S. Bedard sold 369 shares of Lennox International stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $204.47, for a total value of $75,449.43. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Prakash Bedapudi sold 3,201 shares of Lennox International stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $196.25, for a total transaction of $628,196.25. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 31,890 shares of company stock valued at $6,526,081. Insiders own 3.60% of the company’s stock.
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About Lennox International
Lennox International Inc is a provider of climate control solutions. The Company designs, manufactures and markets a range of products for the heating, ventilation, air conditioning and refrigeration (HVACR) markets. It operates through three segments: Residential Heating & Cooling; Commercial Heating & Cooling, and Refrigeration.
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