Lennox International (LII) Getting Somewhat Positive News Coverage, Report Finds
Media stories about Lennox International (NYSE:LII) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Lennox International earned a news sentiment score of 0.03 on Accern’s scale. Accern also assigned news coverage about the construction company an impact score of 45.5929497812728 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media stories that may have effected Accern Sentiment’s rankings:
- Lennox International Inc. (LII) Expected to Post Earnings of $1.67 Per Share (americanbankingnews.com)
- Analysts Expect Lennox International Inc. (LII) to Post $1.67 EPS (americanbankingnews.com)
- Lennox International Inc.: Lennox International Schedules Fourth … – The Wall Street Transcript (twst.com)
- Lennox International Schedules Fourth Quarter Conference Call (finance.yahoo.com)
Lennox International (NYSE:LII) traded up $2.88 during mid-day trading on Thursday, hitting $213.99. 198,879 shares of the stock were exchanged, compared to its average volume of 267,808. The company has a market cap of $8,771.67, a PE ratio of 30.31, a PEG ratio of 1.16 and a beta of 1.22. The company has a quick ratio of 0.72, a current ratio of 1.24 and a debt-to-equity ratio of 23.87. Lennox International has a one year low of $150.29 and a one year high of $214.70.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 16th. Stockholders of record on Friday, December 29th were given a dividend of $0.51 per share. The ex-dividend date was Thursday, December 28th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 0.95%. Lennox International’s dividend payout ratio (DPR) is presently 28.90%.
A number of brokerages have commented on LII. Stifel Nicolaus reaffirmed a “hold” rating and set a $207.00 price target (up previously from $193.00) on shares of Lennox International in a research report on Monday, December 11th. Wells Fargo & Co reaffirmed a “market perform” rating and set a $210.00 price target (up previously from $193.00) on shares of Lennox International in a research report on Thursday, December 14th. They noted that the move was a valuation call. Cowen reaffirmed a “buy” rating and set a $210.00 price target on shares of Lennox International in a research report on Wednesday, November 29th. Robert W. Baird reaffirmed a “buy” rating on shares of Lennox International in a research report on Tuesday, October 24th. Finally, Morgan Stanley upped their price target on shares of Lennox International from $166.00 to $169.00 and gave the company an “underweight” rating in a research report on Tuesday, October 24th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $191.83.
In other news, VP Chris Kosel sold 754 shares of the stock in a transaction dated Monday, December 18th. The shares were sold at an average price of $204.37, for a total transaction of $154,094.98. Following the transaction, the vice president now owns 810 shares of the company’s stock, valued at approximately $165,539.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Todd M. Bluedorn sold 8,313 shares of the stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $202.94, for a total transaction of $1,687,040.22. Following the transaction, the chairman now directly owns 181,973 shares in the company, valued at approximately $36,929,600.62. The disclosure for this sale can be found here. Insiders have sold a total of 40,573 shares of company stock worth $8,194,706 in the last three months. Insiders own 3.90% 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.
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