Equities analysts predict that Lennox International Inc. (NYSE:LII) will announce earnings per share (EPS) of $3.25 for the current quarter, Zacks Investment Research reports. Fourteen analysts have issued estimates for Lennox International’s earnings, with the lowest EPS estimate coming in at $3.14 and the highest estimate coming in at $3.36. Lennox International reported earnings per share of $2.53 in the same quarter last year, which would indicate a positive year over year growth rate of 28.5%. The business is expected to report its next earnings report on Monday, October 22nd.

According to Zacks, analysts expect that Lennox International will report full-year earnings of $10.19 per share for the current year, with EPS estimates ranging from $9.85 to $10.40. For the next fiscal year, analysts anticipate that the company will report earnings of $11.53 per share, with EPS estimates ranging from $11.25 to $11.80. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that that provide coverage for Lennox International.

Lennox International (NYSE:LII) last posted its quarterly earnings results on Monday, July 23rd. The construction company reported $3.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.56 by $0.11. The business had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.13 billion. Lennox International had a negative return on equity of 750.65% and a net margin of 8.15%. The firm’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter last year, the business earned $2.83 earnings per share.

Several equities analysts have weighed in on LII shares. Wolfe Research started coverage on Lennox International in a research note on Wednesday, June 27th. They issued an “underperform” rating on the stock. Stifel Nicolaus reissued a “hold” rating and issued a $210.00 target price (down previously from $218.00) on shares of Lennox International in a research note on Tuesday, April 24th. Seaport Global Securities lowered Lennox International from a “buy” rating to a “neutral” rating in a research note on Tuesday, July 24th. They noted that the move was a valuation call. Wells Fargo & Co increased their target price on Lennox International from $220.00 to $230.00 and gave the company a “market perform” rating in a research note on Monday, July 9th. Finally, TheStreet raised Lennox International from a “c+” rating to a “b” rating in a research note on Monday, July 23rd. Three analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $210.13.

Lennox International traded down $1.35, hitting $215.62, during mid-day trading on Friday, MarketBeat Ratings reports. The company had a trading volume of 155,893 shares, compared to its average volume of 368,488. Lennox International has a fifty-two week low of $160.18 and a fifty-two week high of $224.24. The company has a current ratio of 1.86, a quick ratio of 1.14 and a debt-to-equity ratio of -7.32. The firm has a market capitalization of $8.70 billion, a price-to-earnings ratio of 27.22, a PEG ratio of 1.11 and a beta of 1.18.

The firm also recently declared a quarterly dividend, which was paid on Friday, July 13th. Stockholders of record on Friday, June 29th were given a dividend of $0.64 per share. The ex-dividend date of this dividend was Thursday, June 28th. This represents a $2.56 dividend on an annualized basis and a dividend yield of 1.19%. This is a positive change from Lennox International’s previous quarterly dividend of $0.51. Lennox International’s dividend payout ratio (DPR) is currently 32.32%.

In other news, Chairman Todd M. Bluedorn sold 8,435 shares of the firm’s stock in a transaction dated Tuesday, July 31st. The stock was sold at an average price of $216.64, for a total transaction of $1,827,358.40. Following the sale, the chairman now owns 139,228 shares of the company’s stock, valued at $30,162,353.92. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Todd M. Bluedorn sold 48,340 shares of the firm’s stock in a transaction dated Thursday, June 21st. The stock was sold at an average price of $204.71, for a total value of $9,895,681.40. Following the sale, the chief executive officer now directly owns 125,320 shares in the company, valued at approximately $25,654,257.20. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 63,326 shares of company stock worth $13,090,326. 3.90% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Advisors Preferred LLC raised its position in shares of Lennox International by 354.7% during the second quarter. Advisors Preferred LLC now owns 632 shares of the construction company’s stock worth $126,000 after purchasing an additional 493 shares during the period. Optimum Investment Advisors bought a new position in shares of Lennox International during the first quarter worth about $143,000. Lido Advisors LLC bought a new position in shares of Lennox International during the first quarter worth about $294,000. Steward Partners Investment Advisory LLC grew its holdings in shares of Lennox International by 583.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,592 shares of the construction company’s stock worth $319,000 after buying an additional 1,359 shares in the last quarter. Finally, Lara May & Associates LLC bought a new position in shares of Lennox International during the first quarter worth about $340,000. 70.66% of the stock is currently owned by institutional investors.

About Lennox International

Lennox International Inc, together with its subsidiaries, provides climate control solutions in the United States, Canada, 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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