Lennox International Inc. (LII) Sets New 12-Month High at $163.06
Lennox International Inc. (NYSE:LII) shares hit a new 52-week high on Thursday . The stock traded as high as $163.06 and last traded at $162.70, with a volume of 100,909 shares traded. The stock had previously closed at $161.07.
LII has been the subject of several analyst reports. Wells Fargo & Co. reiterated a “hold” rating on shares of Lennox International in a research report on Wednesday. Susquehanna lowered Lennox International from a “positive” rating to a “neutral” rating and lowered their price target for the stock from $172.00 to $163.00 in a research report on Monday, August 15th. Zacks Investment Research lowered Lennox International from a “buy” rating to a “hold” rating in a research report on Saturday, August 6th. Morgan Stanley restated a “hold” rating and set a $159.00 price target on shares of Lennox International in a research report on Wednesday, July 20th. Finally, Credit Suisse Group AG restated a “hold” rating on shares of Lennox International in a research report on Saturday, July 9th. Eleven research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $143.45.
The firm has a market cap of $7.05 billion and a P/E ratio of 32.10. The firm’s 50 day moving average price is $155.90 and its 200-day moving average price is $140.79.
Lennox International (NYSE:LII) last issued its quarterly earnings results on Monday, July 18th. The company reported $2.53 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.35 by $0.18. The business earned $1.02 billion during the quarter, compared to analyst estimates of $1.04 billion. The company’s revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.84 earnings per share. On average, equities analysts predict that Lennox International Inc. will post $6.76 EPS for the current year.
In other news, COO Douglas L. Young sold 4,407 shares of the business’s stock in a transaction on Monday, June 20th. The shares were sold at an average price of $137.00, for a total transaction of $603,759.00. Following the completion of the sale, the chief operating officer now directly owns 69,266 shares of the company’s stock, valued at approximately $9,489,442. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Roy A. Rumbough sold 1,410 shares of the business’s stock in a transaction on Wednesday, July 20th. The shares were sold at an average price of $151.23, for a total transaction of $213,234.30. Following the sale, the chief accounting officer now directly owns 3,934 shares of the company’s stock, valued at $594,938.82. The disclosure for this sale can be found here.
Lennox International Inc (LII) is a global 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. The Company operates in three segments: Residential Heating & Cooling; Commercial Heating & Cooling, and Refrigeration.
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