Headlines about Lennox International (NYSE:LII) have been trending somewhat positive on Wednesday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Lennox International earned a news impact score of 0.13 on Accern’s scale. Accern also gave news articles about the construction company an impact score of 46.0472707406822 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Several brokerages have recently commented on LII. Cowen reaffirmed a “buy” rating and set a $210.00 price objective on shares of Lennox International in a research report on Wednesday, November 29th. Robert W. Baird reaffirmed a “buy” rating on shares of Lennox International in a research report on Tuesday, October 24th. Morgan Stanley increased their target price on Lennox International from $166.00 to $169.00 and gave the stock an “underweight” rating in a report on Tuesday, October 24th. Credit Suisse Group reiterated a “neutral” rating and issued a $180.00 target price (up from $171.00) on shares of Lennox International in a report on Tuesday, October 24th. Finally, Stifel Nicolaus increased their target price on Lennox International from $187.00 to $192.00 and gave the stock a “hold” rating in a report on Tuesday, October 24th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company’s stock. Lennox International currently has a consensus rating of “Hold” and a consensus price target of $186.50.
Shares of Lennox International (NYSE LII) traded down $1.09 during trading hours on Wednesday, reaching $205.51. The company’s stock had a trading volume of 224,193 shares, compared to its average volume of 347,897. The company has a current ratio of 1.24, a quick ratio of 0.72 and a debt-to-equity ratio of 23.87. Lennox International has a fifty-two week low of $147.54 and a fifty-two week high of $213.78. The company has a market cap of $8,731.99, a PE ratio of 26.94, a PEG ratio of 1.56 and a beta of 1.22.
Lennox International (NYSE:LII) last issued its quarterly earnings data on Monday, October 23rd. The construction company reported $2.53 earnings per share for the quarter, beating the consensus estimate of $2.44 by $0.09. The business had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.04 billion. Lennox International had a return on equity of 1,657.93% and a net margin of 7.88%. The business’s revenue was up 4.0% on a year-over-year basis. During the same period last year, the business earned $2.33 EPS. equities research analysts forecast that Lennox International will post 7.92 earnings per share for the current year.
In other news, insider Gary S. Bedard sold 369 shares of Lennox International stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $204.47, for a total transaction of $75,449.43. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Prakash Bedapudi sold 3,201 shares of Lennox International stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $196.25, for a total value of $628,196.25. The disclosure for this sale can be found here. Insiders have sold a total of 16,781 shares of company stock worth $3,257,758 over the last quarter. Company 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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