While Lennox International Inc has overperformed by 1.64%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, LII rose by 83.60%, with highs and lows ranging from $501.72 to $256.74, whereas the simple moving average jumped by 15.37% in the last 200 days.
On February 01, 2024, Deutsche Bank started tracking Lennox International Inc (NYSE: LII) recommending Buy. A report published by JP Morgan on February 01, 2024, Downgraded its rating to ‘Underweight’ for LII. Stephens also Upgraded LII shares as ‘Overweight’, setting a target price of $550 on the company’s shares in a report dated December 11, 2023. Mizuho October 17, 2023d the rating to Buy on October 17, 2023, and set its price target from $340 to $460. Goldman October 09, 2023d its ‘Sell’ rating to ‘Buy’ for LII, as published in its report on October 09, 2023. RBC Capital Mkts’s report from August 17, 2023 suggests a price prediction of $391 for LII shares, giving the stock a ‘Sector Perform’ rating. William Blair also rated the stock as ‘Outperform’.
Analysis of Lennox International Inc (LII)
The current dividend for LII investors is set at $4.40 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter decrease in sales is -0.22%, showing a negative trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Lennox International Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 507.53% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.68, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and LII is recording an average volume of 280.04K. On a monthly basis, the volatility of the stock is set at 3.03%, whereas on a weekly basis, it is put at 5.02%, with a gain of 3.68% over the past seven days. Furthermore, long-term investors anticipate a median target price of $489.09, showing growth from the present price of $475.50, which can serve as yet another indication of whether LII is worth investing in or should be passed over.
How Do You Analyze Lennox International Inc Shares?
Lennox International Inc (LII) is based in the USA and is one of the most prominent companies operating in the Building Products & Equipment market. When comparing Lennox International Inc shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 27.55, there is a growth in quarterly earnings of 26.05%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 10.32%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 69.62% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
LII shares are owned by institutional investors to the tune of 69.62% at present.
