Wells Fargo Sticks to Their Buy Rating for Lennox International (LII)
TipRanks (Mon, 25-Mar 5:46 AM ET)
Johnson Controls said to receive buyer interest for HVAC assets
Seeking Alpha News (Sun, 24-Mar 8:33 AM ET)
Lennox Appoints Sivasankaran Somasundaram to Board of Directors
PRNewswire (Mon, 18-Mar 8:45 AM ET)
Lennox Declares Quarterly Dividend
PRNewswire (Fri, 15-Mar 11:05 AM ET)
Lennox Named to Barron's List of 100 Most Sustainable Companies
PRNewswire (Thu, 29-Feb 12:00 PM ET)
Lennox and ServiceTitan Announce Field Service Management Partnership With Enhanced Support
PRNewswire (Tue, 27-Feb 10:00 AM ET)
Lennox Recognized with GOOD DESIGN and IoT Breakthrough Awards for Innovative Home Comfort Products
PRNewswire (Wed, 21-Feb 8:03 AM ET)
Lennox Named to Wall Street Journal's List of Best Managed Companies of 2023
PRNewswire (Thu, 1-Feb 8:45 AM ET)
PRNewswire (Wed, 31-Jan 6:45 AM ET)
Lennox Schedules Fourth Quarter Results and 2024 Guidance Conference Call
PRNewswire (Fri, 5-Jan 12:04 PM ET)
Lennox International manufactures and distributes heating, ventilating, air conditioning, and refrigeration products to replacement (75% of sales) and new construction (25% of sales) markets. In fiscal 2023, residential HVAC was 68% of sales and commercial HVAC and Heatcraft refrigeration was 32% of sales. The company goes to market with multiple brands, but Lennox is the company's flagship HVAC brand. The Texas-based company will be focused on North America after the sale of its European HVAC and refrigeration businesses in late 2023.
Lennox Intl trades on the NYSE stock market under the symbol LII.
As of March 28, 2024, LII stock price climbed to $488.76 with 135,181 million shares trading.
LII has a beta of 1.19, meaning it tends to be more sensitive to market movements. LII has a correlation of 0.28 to the broad based SPY ETF.
LII has a market cap of $17.39 billion. This is considered a Large Cap stock.
Last quarter Lennox Intl reported $1 billion in Revenue and $3.63 earnings per share. This beat revenue expectation by $25 million and exceeded earnings estimates by $.17.
In the last 3 years, LII stock traded as high as $501.72 and as low as $182.85.
The top ETF exchange traded funds that LII belongs to (by Net Assets): IJH, VTI, VB, VXF, VBK.
LII has outperformed the market in the last year with a price return of +103.5% while the SPY ETF gained +33.6%. However, in the short term, LII had mixed performance relative to the market. It has underperformed in the last 3 months, returning +9.6% vs +10.1% return in SPY. But in the last 2 weeks, LII shares have fared better than the market returning +4.1% compared to SPY +1.7%.
LII support price is $479.44 and resistance is $493.92 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LII stock will trade within this expected range on the day.