Recently, shares of Lennox International Inc. (LII, Financial) experienced a sudden drop, marking a 2.51% decrease in stock price, settling at $599.35 per share. The trading volume was recorded at 106,909 shares, with a turnover rate of 0.30% and a fluctuation rate of 1.21%.
According to the latest financial reports, Lennox International reported a revenue of $1.451 billion, a net income of $246 million, and earnings per share of $6.91. The company's gross profit stood at $488 million, with a price-to-earnings ratio of 33.32.
Among analysts covering the stock, 40% have given it a 'buy' recommendation, 45% suggest holding, while 15% recommend selling. Within the building equipment sector, where Lennox operates, there was an overall decline of 1.08%.
Other notable movements in the sector included gains for Antelope Enterprise Holdings, Limbach Holdings, Inc., and Janus International Group, Inc. In terms of trading activity, Antelope Enterprise, Aspen Aerogels, Inc., and Limbach Holdings, Inc. were particularly active, with turnover rates of 2.35%, 1.76%, and 0.84% respectively. The stocks showing high volatility included Antelope Enterprise, Intelligent Living Application Group Inc., and Aspen Aerogels, Inc., with fluctuation rates of 14.75%, 6.79%, and 5.35% respectively.
Lennox International is a Texas-based company that manufactures and distributes heating, ventilation, air conditioning, and refrigeration products, primarily targeting the replacement market. The company's sales in the 2023 fiscal year consisted of 68% residential HVAC and 32% commercial HVAC and Heatcraft refrigeration. Lennox, the flagship HVAC brand, focuses on the North American market following the sale of its European operations at the end of 2023.
