Lennox Worldwide (NYSE:LII – Get Rating) had its goal worth diminished by inventory analysts at Wells Fargo & Company from $300.00 to $294.00 in a analysis observe issued on Thursday, Benzinga reviews. The agency presently has an “obese” ranking on the development firm’s inventory. Wells Fargo & Company‘s goal worth suggests a possible upside of 23.67% from the corporate’s earlier shut.
Plenty of different analysis analysts additionally not too long ago issued reviews on LII. Credit score Suisse Group minimize their worth goal on Lennox Worldwide from $221.00 to $219.00 and set an “underperform” ranking for the corporate in a analysis observe on Friday, October twenty eighth. UBS Group upped their goal worth on shares of Lennox Worldwide from $255.00 to $265.00 and gave the inventory a “impartial” ranking in a report on Thursday, December fifteenth. The Goldman Sachs Group boosted their worth goal on Lennox Worldwide from $201.00 to $222.00 and gave the corporate a “promote” ranking in a analysis report on Tuesday, October eleventh. Morgan Stanley lifted their goal worth on Lennox Worldwide from $258.00 to $279.00 and gave the corporate an “equal weight” ranking in a analysis observe on Thursday, December fifteenth. Lastly, StockNews.com initiated protection on shares of Lennox Worldwide in a analysis report on Wednesday, October twelfth. They set a “maintain” ranking on the inventory. Two analysts have rated the inventory with a promote ranking, seven have issued a maintain ranking and 4 have given a purchase ranking to the corporate’s inventory. In line with MarketBeat, Lennox Worldwide has a consensus ranking of “Maintain” and a mean worth goal of $258.85.
Lennox Worldwide Inventory Efficiency
Shares of NYSE LII traded down $4.59 throughout noon buying and selling on Thursday, hitting $237.72. 129 shares of the corporate’s inventory traded arms, in comparison with its common quantity of 261,539. The agency has a fifty day shifting common of $251.94 and a 200 day shifting common of $238.64. The inventory has a market capitalization of $8.42 billion, a price-to-earnings ratio of 17.42, a price-to-earnings-growth ratio of seven.43 and a beta of 0.92. Lennox Worldwide has a 1 yr low of $182.85 and a 1 yr excessive of $318.41.
Lennox Worldwide (NYSE:LII – Get Rating) final issued its quarterly earnings information on Thursday, October twenty seventh. The development firm reported $4.10 earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of $4.15 by ($0.05). Lennox Worldwide had a internet margin of 10.60% and a unfavourable return on fairness of 143.41%. The enterprise had income of $1.24 billion for the quarter, in comparison with the consensus estimate of $1.23 billion. On common, equities analysts anticipate that Lennox Worldwide will publish 14.02 earnings per share for the present yr.
Institutional Buying and selling of Lennox Worldwide
Plenty of massive buyers have not too long ago modified their holdings of the corporate. Forsta AP Fonden raised its place in Lennox Worldwide by 2,740.0% through the 2nd quarter. Forsta AP Fonden now owns 14,200 shares of the development firm’s inventory valued at $2,934,000 after buying a further 13,700 shares within the final quarter. Achmea Funding Administration B.V. bought a brand new place in Lennox Worldwide through the 1st quarter valued at about $19,570,000. UBS Asset Administration Americas Inc. raised its holdings in shares of Lennox Worldwide by 22.7% within the 2nd quarter. UBS Asset Administration Americas Inc. now owns 194,141 shares of the development firm’s inventory valued at $40,108,000 after buying a further 35,933 shares within the final quarter. Rhumbline Advisers elevated its holdings in Lennox Worldwide by 7.7% through the second quarter. Rhumbline Advisers now owns 97,026 shares of the development firm’s inventory valued at $20,045,000 after shopping for a further 6,929 shares through the interval. Lastly, Quantbot Applied sciences LP raised its stake in Lennox Worldwide by 222.0% within the second quarter. Quantbot Applied sciences LP now owns 11,378 shares of the development firm’s inventory value $2,350,000 after shopping for a further 7,844 shares within the final quarter. Hedge funds and different institutional buyers personal 68.99% of the corporate’s inventory.
About Lennox Worldwide
Lennox Worldwide Inc, along with its subsidiaries, designs, manufactures, and markets a variety of merchandise for the heating, air flow, air-con, and refrigeration markets in america, Canada, and internationally. It operates by means of three segments: Residential Heating & Cooling, Industrial Heating & Cooling, and Refrigeration.
Additional Studying
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