Lennox International (LII) Hits New Lifetime High
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
Trade-Ideas LLC identified
(
) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Lennox International as such a stock due to the following factors:
- LII has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $48.4 million.
- LII has traded 1,605 shares today.
- LII is trading at a new lifetime high.
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More details on LII:
Lennox International Inc., through its subsidiaries, designs, manufactures, and markets climate control products for the heating, ventilation, air conditioning, and refrigeration markets. The stock currently has a dividend yield of 1.1%. LII has a PE ratio of 25.0. Currently there are 8 analysts that rate Lennox International a buy, 1 analyst rates it a sell, and 2 rate it a hold.
The average volume for Lennox International has been 423,000 shares per day over the past 30 days. Lennox International has a market cap of $4.8 billion and is part of the industrial goods sector and industrial industry. Shares are up 12.7% year-to-date as of the close of trading on Tuesday.
Analysis:
rates Lennox International as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
Highlights from the ratings report include:
- LII's revenue growth has slightly outpaced the industry average of 2.3%. Since the same quarter one year prior, revenues slightly increased by 8.4%. Growth in the company's revenue appears to have helped boost the earnings per share.
- Compared to where it was a year ago today, the stock is now trading at a higher level, reflecting both the market's overall trend during that period and the fact that the company's earnings growth has been robust. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
- LENNOX INTERNATIONAL INC has improved earnings per share by 47.0% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, LENNOX INTERNATIONAL INC increased its bottom line by earning $4.28 versus $3.55 in the prior year. This year, the market expects an improvement in earnings ($5.43 versus $4.28).
- The net income growth from the same quarter one year ago has exceeded that of the S&P 500 and greatly outperformed compared to the Building Products industry average. The net income increased by 26.7% when compared to the same quarter one year prior, rising from $35.20 million to $44.60 million.
- The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Building Products industry and the overall market, LENNOX INTERNATIONAL INC's return on equity significantly exceeds that of both the industry average and the S&P 500.
- You can view the full Lennox International Ratings Report.
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