Shares of Lennox International Inc. (NYSE:LII) have earned an average rating of “Hold” from the sixteen analysts that are currently covering the stock, MarketBeat reports. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and two have issued a buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $254.49.
Several analysts have commented on LII shares. Deutsche Bank raised their price objective on shares of Lennox International from $256.00 to $270.00 and gave the stock a “hold” rating in a report on Tuesday, April 23rd. Buckingham Research raised their price objective on shares of Lennox International from $236.00 to $275.00 and gave the stock a “neutral” rating in a report on Wednesday, April 17th. Credit Suisse Group raised their price objective on shares of Lennox International from $234.00 to $253.00 and gave the stock an “outperform” rating in a report on Wednesday, February 6th. Barclays raised their price objective on shares of Lennox International from $270.00 to $291.00 and gave the stock an “overweight” rating in a report on Tuesday, April 23rd. Finally, Wells Fargo & Co raised their price objective on shares of Lennox International from $242.00 to $250.00 and gave the stock a “market perform” rating in a report on Tuesday, April 23rd.
In other Lennox International news, Chairman Todd M. Bluedorn sold 16,168 shares of the firm’s stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $250.84, for a total transaction of $4,055,581.12. Following the completion of the transaction, the chairman now owns 149,080 shares of the company’s stock, valued at $37,395,227.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Terry L. Johnston sold 7,172 shares of the firm’s stock in a transaction that occurred on Tuesday, February 26th. The shares were sold at an average price of $245.53, for a total transaction of $1,760,941.16. Following the transaction, the chief operating officer now directly owns 27,131 shares of the company’s stock, valued at approximately $6,661,474.43. The disclosure for this sale can be found here. Insiders have sold 34,794 shares of company stock valued at $8,707,980 in the last ninety days. Insiders own 3.40% of the company’s stock.
Shares of Lennox International stock traded up $3.61 during trading on Friday, reaching $277.76. 6,487 shares of the stock were exchanged, compared to its average volume of 375,158. The firm has a market cap of $10.80 billion, a P/E ratio of 29.48, a P/E/G ratio of 1.12 and a beta of 0.98. Lennox International has a 1 year low of $177.36 and a 1 year high of $278.56.
Lennox International (NYSE:LII) last issued its quarterly earnings data on Monday, April 22nd. The construction company reported $1.68 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.39 by $0.29. Lennox International had a net margin of 10.17% and a negative return on equity of 261.35%. The business had revenue of $790.30 million during the quarter, compared to analyst estimates of $748.63 million. During the same period last year, the business posted $1.13 earnings per share. Lennox International’s quarterly revenue was down 5.3% compared to the same quarter last year. Sell-side analysts anticipate that Lennox International will post 12.32 earnings per share for the current year.
Lennox International Company Profile
Lennox International Inc, through its subsidiaries, provides climate control solutions in North America, Europe, Russia, Turkey, the Middle East, and internationally. It designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets. The company operates in three segments: Residential Heating & Cooling, Commercial Heating & Cooling, and Refrigeration.
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