Lennox International (NYSE:LII) updated its FY 2019 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of $12.00-12.60 for the period, compared to the Thomson Reuters consensus estimate of $12.31. The company issued revenue guidance of $4-4.156 billion, compared to the consensus revenue estimate of $3.9 billion.

Several research firms have weighed in on LII. Cowen downgraded shares of Lennox International from an outperform rating to a market perform rating and set a $276.36 price target for the company. in a research note on Tuesday, April 9th. Robert W. Baird cut shares of Lennox International from an outperform rating to a neutral rating and lifted their price objective for the company from $246.00 to $272.00 in a report on Tuesday, April 16th. Goldman Sachs Group started coverage on shares of Lennox International in a report on Tuesday, March 5th. They set a neutral rating and a $236.00 price objective for the company. Wells Fargo & Co lifted their price objective on shares of Lennox International from $230.00 to $242.00 and gave the company a market perform rating in a report on Wednesday, February 6th. Finally, Credit Suisse Group cut shares of Lennox International from an outperform rating to a neutral rating and lifted their price objective for the company from $253.00 to $255.00 in a report on Wednesday, March 6th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and two have given a buy rating to the company. The company currently has an average rating of Hold and an average target price of $245.70.

Lennox International stock opened at $270.64 on Monday. Lennox International has a fifty-two week low of $177.36 and a fifty-two week high of $277.05. The stock has a market cap of $10.71 billion, a P/E ratio of 28.73, a PEG ratio of 1.10 and a beta of 0.99.

Lennox International (NYSE:LII) last released its earnings results on Tuesday, February 5th. The construction company reported $1.93 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $1.93. The firm had revenue of $843.60 million for the quarter, compared to analysts’ expectations of $855.97 million. Lennox International had a net margin of 9.25% and a negative return on equity of 297.46%. The company’s quarterly revenue was up .5% on a year-over-year basis. During the same period in the previous year, the company earned $1.68 earnings per share. As a group, analysts predict that Lennox International will post 12.29 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Monday, April 1st were issued a dividend of $0.64 per share. This represents a $2.56 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date was Friday, March 29th. Lennox International’s dividend payout ratio (DPR) is presently 27.18%.

In other Lennox International news, VP Chris Kosel sold 416 shares of the stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $252.00, for a total transaction of $104,832.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Daniel M. Sessa sold 3,515 shares of the stock in a transaction on Friday, March 22nd. The shares were sold at an average price of $258.50, for a total transaction of $908,627.50. Following the sale, the executive vice president now directly owns 44,912 shares of the company’s stock, valued at approximately $11,609,752. The disclosure for this sale can be found here. Insiders have sold a total of 48,468 shares of company stock worth $12,069,435 in the last ninety days. 3.40% of the stock is currently owned by insiders.

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Lennox International Company Profile

Lennox International Inc, through its subsidiaries, provides climate control solutions in North America, Europe, Russia, Turkey, the Middle East, and internationally. It designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets. The company operates in three segments: Residential Heating & Cooling, Commercial Heating & Cooling, and Refrigeration.

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Earnings History and Estimates for Lennox International (NYSE:LII)

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