Lennox International Inc. (LII, Financial) experienced a significant stock price increase of 0.85%, reaching $600.16 per share with a trading volume of 66,946 shares and a turnover rate of 0.19%. The price fluctuated by 0.87% in recent trading sessions.
According to the latest financial report, Lennox reported revenues of $1.451 billion and a net profit of $246 million, yielding an earnings per share (EPS) of $6.91. The company achieved a gross profit of $488 million with a price-to-earnings (P/E) ratio of 33.26.
Out of 20 institutions rating the stock, 35% of brokers recommended buying, 50% suggested holding, and 15% advised selling.
Within the building equipment industry, overall growth was 0.13%. Stocks such as Aspen Aerogels, Inc., Montana Technologies Corp, and Quanex Building Products Corporation saw notable increases. Aspen Aerogels, Inc. was particularly active, with a turnover rate of 6.70%, while Montana Technologies Corp showed the largest price fluctuation at 12.22%.
Lennox International Inc., based in Texas, manufactures and distributes heating, ventilation, air conditioning, and refrigeration products. A major portion of its sales comes from the replacement market, accounting for 75%, with the remaining 25% from new constructions. Residential HVAC contributes 68% of sales, while commercial HVAC and Heatcraft refrigeration contribute 32%. The company refocused on the North American market after selling its European operations by the end of 2023.
