Lennox International (LII, Financial) experienced a significant stock price increase of 5.10%, reaching $657.22 per share. The trading volume was recorded at 151,114 shares with a turnover rate of 0.42% and a price fluctuation of 4.04%.
Recent financial reports reveal that Lennox achieved a revenue of $1.498 billion and a net profit of $239 million, resulting in earnings per share of $6.71. The company reported a gross profit of $488 million, with a price-to-earnings ratio of 31.16.
Analyst ratings show mixed opinions: 32% recommend buying, 47% suggest holding, and 21% advise selling. Within the building equipment sector, Lennox's stock outperformed, with the sector experiencing an overall increase of 1.54%. Notable gains were also observed in related companies like Latham Group, Inc., and Airjoule Technologies.
Lennox International specializes in heating, ventilation, air conditioning, and refrigeration products, focusing on both replacement (75% of sales) and new construction markets (25% of sales). In fiscal year 2023, residential HVAC accounted for 68% of sales, while commercial HVAC and Heatcraft refrigeration made up 32%. After selling its European HVAC and refrigeration business at the end of 2023, Lennox is now concentrating on the North American market.
