Shares of Lennox International Inc. (NYSE:LII) have been given a consensus rating of “Hold” by the twelve brokerages that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $205.38.
A number of brokerages recently commented on LII. UBS Group began coverage on Lennox International in a research report on Tuesday, January 23rd. They issued a “neutral” rating and a $230.00 price target on the stock. Stifel Nicolaus restated a “hold” rating and issued a $198.00 price target on shares of Lennox International in a research report on Friday, January 19th. Wells Fargo & Co restated a “market perform” rating and issued a $210.00 price target (up previously from $193.00) on shares of Lennox International in a research report on Thursday, December 14th. They noted that the move was a valuation call. Cowen restated a “buy” rating and issued a $210.00 price target on shares of Lennox International in a research report on Wednesday, November 29th. Finally, Robert W. Baird decreased their price target on Lennox International from $232.00 to $228.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 7th.
Lennox International (NYSE:LII) traded up $3.63 during mid-day trading on Wednesday, reaching $209.71. The company’s stock had a trading volume of 301,423 shares, compared to its average volume of 338,498. The company has a quick ratio of 1.00, a current ratio of 1.74 and a debt-to-equity ratio of 19.37. The company has a market cap of $8,485.71, a PE ratio of 29.33, a price-to-earnings-growth ratio of 1.02 and a beta of 1.17. Lennox International has a 1 year low of $160.18 and a 1 year high of $223.05.
Lennox International (NYSE:LII) last posted its quarterly earnings data on Tuesday, February 6th. The construction company reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.03. The firm had revenue of $891.80 million for the quarter, compared to analysts’ expectations of $906.85 million. Lennox International had a return on equity of 1,465.51% and a net margin of 7.96%. The company’s quarterly revenue was down .6% compared to the same quarter last year. During the same quarter last year, the business earned $1.50 EPS. equities research analysts expect that Lennox International will post 10.17 earnings per share for the current fiscal year.
Lennox International declared that its Board of Directors has approved a share buyback program on Wednesday, December 13th that authorizes the company to repurchase $300.00 million in outstanding shares. This repurchase authorization authorizes the construction company to buy shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its shares are undervalued.
In related news, Director Paul W. Schmidt sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $204.00, for a total value of $204,000.00. Following the sale, the director now directly owns 2,145 shares of the company’s stock, valued at $437,580. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Gary S. Bedard sold 369 shares of the firm’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $204.47, for a total value of $75,449.43. The disclosure for this sale can be found here. Insiders sold 29,689 shares of company stock worth $6,101,885 in the last 90 days. 3.90% of the stock is owned by company insiders.
Large investors have recently added to or reduced their stakes in the stock. Advisor Partners LLC acquired a new stake in Lennox International in the fourth quarter valued at about $216,000. Achmea Investment Management B.V. acquired a new stake in Lennox International in the second quarter valued at about $239,000. Toronto Dominion Bank boosted its stake in Lennox International by 240.8% in the third quarter. Toronto Dominion Bank now owns 1,622 shares of the construction company’s stock valued at $290,000 after buying an additional 1,146 shares in the last quarter. We Are One Seven LLC acquired a new stake in Lennox International in the fourth quarter valued at about $409,000. Finally, Paloma Partners Management Co acquired a new stake in Lennox International in the fourth quarter valued at about $577,000. 68.87% of the stock is currently owned by institutional investors and hedge funds.
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Lennox International Company Profile
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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