Press coverage about Lennox International (NYSE:LII) has been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lennox International earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned press coverage about the construction company an impact score of 44.9579852975399 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect 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:
Several analysts have weighed in on LII shares. Stifel Nicolaus raised their price target on Lennox International from $206.00 to $218.00 and gave the company a “hold” rating in a report on Wednesday. UBS reaffirmed a “neutral” rating and issued a $215.00 price target (down previously from $230.00) on shares of Lennox International in a report on Wednesday, February 7th. Robert W. Baird lowered their price target on Lennox International from $232.00 to $228.00 and set an “outperform” rating on the stock in a report on Wednesday, February 7th. Cowen reaffirmed a “buy” rating and issued a $210.00 price target on shares of Lennox International in a report on Wednesday, November 29th. Finally, Wells Fargo reaffirmed a “market perform” rating and issued a $210.00 price target (up previously from $193.00) on shares of Lennox International in a report on Thursday, December 14th. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $207.88.
LII stock traded up $1.66 during trading hours on Wednesday, hitting $211.27. The company’s stock had a trading volume of 187,154 shares, compared to its average volume of 310,241. The stock has a market cap of $8,596.89, a PE ratio of 29.55, a P/E/G ratio of 1.03 and a beta of 1.20. The company has a current ratio of 1.74, a quick ratio of 1.00 and a debt-to-equity ratio of 19.37. Lennox International has a 1 year low of $160.18 and a 1 year high of $223.05.
Lennox International (NYSE:LII) last announced its quarterly earnings data on Tuesday, February 6th. The construction company reported $1.68 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.65 by $0.03. The company 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%. Lennox International’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period last year, the firm posted $1.50 EPS. equities 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 authorized a share buyback plan on Wednesday, December 13th that permits the company to buyback $300.00 million in outstanding shares. This buyback authorization permits the construction company to repurchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company’s management believes its stock is undervalued.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 13th. Investors of record on Monday, April 2nd will be issued a dividend of $0.51 per share. The ex-dividend date of this dividend is Thursday, March 29th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 0.97%. Lennox International’s dividend payout ratio is 28.53%.
In related news, Chairman Todd M. Bluedorn sold 25,058 shares of the firm’s stock in a transaction dated Friday, March 16th. The stock was sold at an average price of $209.78, for a total transaction of $5,256,667.24. Following the transaction, the chairman now directly owns 214,976 shares of the company’s stock, valued at approximately $45,097,665.28. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Joseph William Reitmeier sold 6,149 shares of the firm’s stock in a transaction dated Friday, March 16th. The shares were sold at an average price of $203.50, for a total value of $1,251,321.50. The disclosure for this sale can be found here. Over the last three months, insiders have sold 63,871 shares of company stock worth $13,263,390. 3.60% of the stock is currently owned by insiders.
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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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