Lennox International (LII) to Release Earnings on Wednesday

Lennox International (NYSE:LII) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, October 23rd. Analysts expect the company to announce earnings of $5.91 per share for the quarter. Lennox International has set its FY 2024 guidance at 19.500-20.250 EPS and its FY24 guidance at $19.50-20.25 EPS.Investors interested in listening to the company’s conference call can do so using this link.

Lennox International (NYSE:LII) last announced its quarterly earnings data on Wednesday, July 24th. The construction company reported $6.83 EPS for the quarter, beating analysts’ consensus estimates of $6.55 by $0.28. The firm had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.48 billion. Lennox International had a return on equity of 198.36% and a net margin of 12.85%. The business’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same period last year, the company earned $6.15 EPS. On average, analysts expect Lennox International to post $20 EPS for the current fiscal year and $23 EPS for the next fiscal year.

Lennox International Trading Down 0.0 %

LII stock opened at $602.79 on Tuesday. The company has a quick ratio of 0.90, a current ratio of 1.60 and a debt-to-equity ratio of 1.95. Lennox International has a twelve month low of $334.53 and a twelve month high of $627.09. The company has a market cap of $21.47 billion, a P/E ratio of 34.92, a PEG ratio of 1.89 and a beta of 1.07. The business has a fifty day moving average of $588.83 and a 200-day moving average of $539.97.

Lennox International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a $1.15 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $4.60 dividend on an annualized basis and a yield of 0.76%. Lennox International’s payout ratio is 26.65%.

Insider Transactions at Lennox International

In related news, Director Todd J. Teske sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $574.05, for a total value of $1,148,100.00. Following the completion of the transaction, the director now directly owns 8,411 shares in the company, valued at approximately $4,828,334.55. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Lennox International news, EVP Prakash Bedapudi sold 5,374 shares of Lennox International stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of $584.00, for a total value of $3,138,416.00. Following the sale, the executive vice president now owns 16,162 shares of the company’s stock, valued at $9,438,608. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Todd J. Teske sold 2,000 shares of the company’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $574.05, for a total value of $1,148,100.00. Following the transaction, the director now directly owns 8,411 shares of the company’s stock, valued at $4,828,334.55. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,052 shares of company stock valued at $7,563,793 over the last 90 days. 10.40% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on LII shares. Mizuho raised their target price on shares of Lennox International from $575.00 to $650.00 and gave the company an “outperform” rating in a research note on Thursday, October 17th. Wells Fargo & Company lifted their target price on shares of Lennox International from $570.00 to $615.00 and gave the stock an “equal weight” rating in a report on Monday, October 7th. Stephens reissued an “overweight” rating and issued a $675.00 price target on shares of Lennox International in a research note on Thursday, July 25th. Robert W. Baird lifted their price objective on Lennox International from $505.00 to $610.00 and gave the stock a “neutral” rating in a research note on Monday, July 15th. Finally, The Goldman Sachs Group increased their target price on Lennox International from $507.00 to $575.00 and gave the company a “buy” rating in a research note on Wednesday, July 10th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $570.00.

Lennox International Company Profile

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.