Lennox International, Inc. (LII) Receives $183.17 Consensus Target Price from Analysts

Shares of Lennox International, Inc. (NYSE:LII) have earned a consensus rating of “Hold” from the twelve analysts that are presently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $183.17.

Several brokerages have commented on LII. BidaskClub cut shares of Lennox International from a “sell” rating to a “strong sell” rating in a research report on Monday, August 14th. Morgan Stanley reiterated an “underweight” rating and set a $161.00 target price (down previously from $164.00) on shares of Lennox International in a research report on Tuesday, July 25th. Stifel Nicolaus upped 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. Cowen and Company reiterated a “buy” rating and set a $190.00 target price on shares of Lennox International in a research report on Monday, October 23rd. Finally, Cleveland Research began coverage on shares of Lennox International in a research report on Tuesday, October 3rd. They set a “neutral” rating for the company.

Lennox International (NYSE LII) traded down $0.75 during trading hours on Monday, reaching $194.25. The company’s stock had a trading volume of 286,064 shares, compared to its average volume of 369,026. Lennox International has a 12-month low of $146.25 and a 12-month high of $201.40. The company has a debt-to-equity ratio of 23.87, a quick ratio of 0.72 and a current ratio of 1.24. The firm has a market cap of $8,080.00, a P/E ratio of 24.53, a price-to-earnings-growth ratio of 1.42 and a beta of 1.19.

Lennox International (NYSE:LII) last posted its quarterly earnings data on Monday, October 23rd. The construction company reported $2.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.44 by $0.09. Lennox International had a return on equity of 1,657.93% and a net margin of 7.88%. The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter in the prior year, the business earned $2.33 EPS. The business’s revenue for the quarter was up 4.0% compared to the same quarter last year. analysts forecast that Lennox International will post 7.92 EPS for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This report was first posted by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this report on another website, it was stolen and reposted in violation of U.S. and international trademark & copyright legislation. The legal version of this report can be accessed at https://sportsperspectives.com/2017/11/18/lennox-international-inc-lii-receives-183-17-consensus-target-price-from-analysts.html.

In other news, EVP Douglas L. Young sold 3,759 shares of the stock in a transaction dated Tuesday, October 31st. The shares were sold at an average price of $192.60, for a total transaction of $723,983.40. Following the completion of the transaction, the executive vice president now directly owns 57,396 shares in the company, valued at approximately $11,054,469.60. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Douglas L. Young sold 7,658 shares of the stock in a transaction dated Thursday, October 26th. The stock was sold at an average price of $193.94, for a total transaction of $1,485,192.52. Following the transaction, the executive vice president now owns 61,155 shares of the company’s stock, valued at $11,860,400.70. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 16,412 shares of company stock valued at $3,182,308. Company insiders own 3.90% of the company’s stock.

Large investors have recently modified their holdings of the stock. Acrospire Investment Management LLC lifted its stake in Lennox International by 114.1% in the 2nd quarter. Acrospire Investment Management LLC now owns 563 shares of the construction company’s stock valued at $103,000 after purchasing an additional 300 shares during the last quarter. Huntington National Bank lifted its stake in Lennox International by 16.7% in the 2nd quarter. Huntington National Bank now owns 566 shares of the construction company’s stock valued at $104,000 after purchasing an additional 81 shares during the last quarter. YorkBridge Wealth Partners LLC lifted its stake in Lennox International by 4.5% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 648 shares of the construction company’s stock valued at $119,000 after purchasing an additional 28 shares during the last quarter. Calamos Advisors LLC acquired a new stake in Lennox International in the 2nd quarter valued at about $213,000. Finally, Achmea Investment Management B.V. acquired a new stake in Lennox International in the 2nd quarter valued at about $239,000. Institutional investors and hedge funds own 68.99% of the company’s stock.

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.

Analyst Recommendations for Lennox International (NYSE:LII)

Receive News & Ratings for Lennox International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lennox International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply