Wall Street analysts expect that Lennox International Inc. (NYSE:LII) will report earnings of $3.12 per share for the current fiscal quarter, according to Zacks. Fifteen analysts have issued estimates for Lennox International’s earnings. The highest EPS estimate is $3.30 and the lowest is $2.87. Lennox International reported earnings per share of $2.53 in the same quarter last year, which suggests a positive year-over-year growth rate of 23.3%. The company 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 $9.78 per share for the current year, with EPS estimates ranging from $9.11 to $10.30. For the next financial year, analysts expect that the company will post earnings of $11.68 per share, with EPS estimates ranging from $11.15 to $12.70. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side analysts that follow Lennox International.

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

Several equities analysts recently weighed in on the company. TheStreet raised Lennox International from a “c+” rating to a “b” rating in a research note on Monday, July 23rd. ValuEngine raised Lennox International from a “hold” rating to a “buy” rating in a research note on Tuesday. Wells Fargo & Co raised their price objective 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. UBS Group raised their price objective on Lennox International from $217.00 to $225.00 and gave the company a “neutral” rating in a research note on Thursday. Finally, Seaport Global Securities downgraded 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. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $215.38.

In other Lennox International news, EVP Gary S. Bedard sold 500 shares of the firm’s stock in a transaction on Friday, June 8th. The stock was sold at an average price of $210.00, for a total transaction of $105,000.00. Following the completion of the transaction, the executive vice president now owns 19,941 shares of the company’s stock, valued at $4,187,610. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Todd M. Bluedorn sold 48,340 shares of the firm’s stock in a transaction on 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 transaction, the chief executive officer now directly owns 125,320 shares of the company’s stock, valued at approximately $25,654,257.20. The disclosure for this sale can be found here. Insiders sold a total of 58,098 shares of company stock valued at $12,009,585 over the last ninety days. 3.90% of the stock is currently owned by company insiders.

A number of institutional investors have recently added to or reduced their stakes in the business. California Public Employees Retirement System boosted its holdings in shares of Lennox International by 11.0% during the second quarter. California Public Employees Retirement System now owns 147,120 shares of the construction company’s stock worth $29,446,000 after purchasing an additional 14,598 shares during the last quarter. Intrinsic Edge Capital Management LLC acquired a new stake in shares of Lennox International during the second quarter worth $2,002,000. Oregon Public Employees Retirement Fund boosted its holdings in shares of Lennox International by 2.9% during the second quarter. Oregon Public Employees Retirement Fund now owns 14,826 shares of the construction company’s stock worth $2,967,000 after purchasing an additional 420 shares during the last quarter. Argent Capital Management LLC boosted its holdings in shares of Lennox International by 21.5% during the second quarter. Argent Capital Management LLC now owns 4,261 shares of the construction company’s stock worth $853,000 after purchasing an additional 755 shares during the last quarter. Finally, Mutual of America Capital Management LLC boosted its holdings in shares of Lennox International by 3.2% during the second quarter. Mutual of America Capital Management LLC now owns 34,292 shares of the construction company’s stock worth $6,864,000 after purchasing an additional 1,059 shares during the last quarter. 68.48% of the stock is owned by institutional investors.

Shares of LII stock opened at $223.33 on Tuesday. The company has a market cap of $9.02 billion, a PE ratio of 24.86, a price-to-earnings-growth ratio of 1.27 and a beta of 1.18. Lennox International has a 12-month low of $160.47 and a 12-month high of $226.10. The company has a quick ratio of 1.14, a current ratio of 1.86 and a debt-to-equity ratio of -7.32.

Lennox International Company Profile

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.

Further Reading: Return on Investment (ROI)

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

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