Lennox International, Inc. Comm (NYSE:LII):
Lennox International Announces Pricing of $350 Million Senior Note Offering.
The company is now up by 0.97 percent from yesterday’s close.
Lennox International, Inc. Comm also announced a dividend for shareholders that was paid on Friday the 14th of October 2016. The dividend was $0.430 per share for the quarter which comes to $1.72 on an annualized basis. This dividend amount represented a yeild of $1.18. The ex-dividend date was set for Wednesday the 28th of September 2016.
It is currently trading at $146.42 which is marginally under the 50 day moving average which is $155.35 and which is marginally lower than the 200 day moving average of $147.99. The 50 day moving average was down $-8.93 and the 200 day average went down by -1.06%.
The company’s P/E ratio is 26.20 and the market value is 6.30B. As of the last earnings report the EPS was $5.59 and is estimated to be $6.88 for the current year with 43,047,000 shares presently outstanding. Analysts expect next quarter’s EPS to be $0.77 with next year’s EPS projected to be $7.72.
Brokerages have weighed in on LII of late. On October 18 the company was downgraded to “Neutral” from “Equalweight” in an announcement from UBS. On August 15 the stock rating was downgraded from “Positive” to “Neutral” by analysts at Susquehanna.
July 19 investment analysts at UBS left the company rating at “Equalweight” and raised the price target from $95.00 to $143.00. On July 19 Morgan Stanley left the stock rating at “Equalweight” but lowered the price target to $143.00 from $147.00.
On April 19 Barclays maintained a stock rating of “Equal-weight” but moved up the price target from $126.00 to $137.00. On April 19 Morgan Stanley held the stock rating at “Equal-weight” and moved up the price target to $147.00 from $139.00.