Lennox International (LII) Projected to Post Quarterly Earnings on Wednesday

Lennox International (NYSE:LII) is expected to be announcing its earnings results before the market opens on Wednesday, January 29th. Analysts expect Lennox International to post earnings of $4.12 per share and revenue of $1,223,340.00 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Lennox International Price Performance

Shares of LII opened at $663.33 on Monday. The company has a quick ratio of 0.87, a current ratio of 1.39 and a debt-to-equity ratio of 1.10. The stock has a market cap of $23.63 billion, a PE ratio of 31.50, a PEG ratio of 1.95 and a beta of 1.11. Lennox International has a 12-month low of $412.09 and a 12-month high of $682.50. The business has a 50-day simple moving average of $640.94 and a two-hundred day simple moving average of $605.74.

Lennox International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were issued a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date of this dividend was Tuesday, December 31st. Lennox International’s payout ratio is 21.84%.

Insider Activity

In other Lennox International news, Director Todd J. Teske sold 500 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $675.52, for a total value of $337,760.00. Following the completion of the sale, the director now owns 7,911 shares in the company, valued at approximately $5,344,038.72. This trade represents a 5.94 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Chris Kosel sold 200 shares of the business’s stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $625.49, for a total value of $125,098.00. Following the completion of the transaction, the chief accounting officer now owns 1,446 shares in the company, valued at $904,458.54. The trade was a 12.15 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,200 shares of company stock worth $793,228 over the last three months. 10.40% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts recently issued reports on LII shares. Northcoast Research assumed coverage on Lennox International in a research report on Friday, November 22nd. They set a “sell” rating and a $475.00 target price for the company. Barclays upped their target price on Lennox International from $624.00 to $674.00 and gave the company an “equal weight” rating in a report on Thursday, December 5th. UBS Group raised their price target on shares of Lennox International from $575.00 to $625.00 and gave the stock a “neutral” rating in a report on Friday, January 3rd. Mizuho increased their price objective on shares of Lennox International from $650.00 to $675.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Finally, Royal Bank of Canada lifted their target price on shares of Lennox International from $604.00 to $619.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 24th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $590.50.

About Lennox International

Lennox International Inc, together with its subsidiaries, designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. The Home Comfort Solutions segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies; residential heating, ventilation, cooling equipment, and air conditioning; and evaporator coils and unit heaters under Lennox, Dave Lennox Signature Collection, Armstrong Air, Ducane, AirEase, Concord, MagicPak, Advanced Distributor Products, Allied, Elite Series, Merit Series, Comfort Sync, Healthy Climate, iComfort, ComfortSense, and Lennox Stores name.