How to Buy Lennox International Stock
Lennox International Inc
Lennox International is a building product & equipment company located in Texas, United States, which is part of the Basic Materials sector, and is traded under the ticker LII on the NYSE exchange.
Lennox International stock last closed at $458.64, up 0.17% from the previous day, and has increased 80.26% in one year. It has overperformed other stocks in the Building Products & Equipment industry by 0.23 percentage points. Lennox International stock is currently +78.64% from its 52-week low of $256.74, and -8.59% from its 52-week high of $501.72.
At the moment, there are 35.59M shares of LII outstanding. The market capitalization of LII is $16.32B. In the last 24 hours, 228,782 LII shares were traded.
How to Buy Lennox International Stock
Wondering how to invest in Lennox International stock? Here's how.
- Choose where to buy Lennox International stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Lennox International stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Pick your method of payment and add your details.
- Evaluate Lennox International stock: The Lennox International ticker symbol is LII. Is Lennox International stock a good investment? Should you buy shares of LII? How do LII's underlying business fundamentals look? Do top analysts think Lennox International is a good buy? Why has LII's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if LII is a good stock to buy).
- Execute your LII buy order: Decide if you will purchase LII shares at the current market price or use a limit order to purchase LII shares at a specific price.
- Get notifications regarding your investment in LII: Create a watchlist to keep tabs on your new investment in Lennox International shares.
Step 1: Choose where to buy Lennox International stock
You need an online brokerage account to access the NYSE market and buy LII stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal information so you can invest in LII today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start a new brokerage account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have opened your account on the best stock app to use, you need to deposit funds:
Watch the video below to see the process of transferring money into your investment account.
Step 4: Evaluate Lennox International stock
Once you have selected the best place to buy Lennox International stock, it's critical to analyze their stock before you invest, so you actually comprehend the risk as well as the opportunity.
Lennox International stock quick numbers
LII Due Diligence Checks
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on LII's stock page.
Is LII stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge LII's fair value.
Using relative valuations ratios:
- LII could be overvalued based on its P/E ratio of 27.61x, relative to Building Products & Equipment industry P/E ratio of 26.44x
- LII may be overvalued based on its P/B ratio of 57.21x, relative to Building Products & Equipment industry P/B ratio of 5.19x
- LII could be overvalued based on its PEG ratio of 2.28x
You can do additional valuation analysis on LII's stock here.
A quick look at LII Financials
Positive Financial Indicators:
- LII earnings of $789.20M is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the LII balance sheet.
- Total LII debt is lower than 5 years ago, relative to shareholder equity.
- LII profit margin has gone up from 10.5% to 11.8% in the past year.
- LII's operating cash flow of $736.20M allows it to safely service it's debt of $1.53B.
Negative Financial Indicators:
- There are more long-term liabilities than short-term assets on the LII balance sheet.
- LII has a relatively high debt to equity ratio of 8.81.
Is it a good time to buy Lennox International stock, according to Wall Street analysts?
Out of 9 sell side analysts who research LII, the consensus analyst rating on Lennox International is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Most Recent LII Analyst Upgrades/Downgrades
Deane Dray, a top 4% analyst from RBC Capital maintains LII with a hold rating and raises their LII price target from $392.00 to $414.00, on Feb 1, 2024.
Stephen Tusa, a top 16% analyst from JP Morgan downgrades LII to a strong sell rating and lowers their LII price target from $370.00 to $330.00, on Feb 1, 2024.
Nicole Deblase, a top 4% analyst from Deutsche Bank reinstates LII with a strong buy rating and announces their LII price target of $523.00, on Feb 1, 2024.
Rob McCarthy, a top 31% analyst from Stephens & Co. upgrades LII to a strong buy rating and announces their LII price target of $550.00, on Dec 11, 2023.
You can dive deeper into what analysts are forecasting on the Lennox International stock forecast page.
LII Trading Indicators
How are LII Revenues/Earnings doing?
Last year, LII earnings were $590.10M. In the last 5 year, LII's earnings have increased by 13.44% per year. This was faster than the Building Products & Equipment industry average of 10.89%.
Last year, LII revenue was $4.98B. During the last five year, LII's revenue has gone up by 5.11% per year. This was slower than the Building Products & Equipment industry average of 7.84%.
Find out more about LII's earnings and revenue performance here.
What are LII executives and large shareholders up to?
Over the last year, executives and large shareholders at LII have sold more shares than they have bought.
Gary S. Bedard, EVP Pres. Home Comfort Sol of LII, was the latest LII insider to sell. They sold $19,975.62 worth of LII shares on Mar 18, 2024.
Get more info about who owns LII stock here.
Does LII provide a stable income stream?
Lennox International pays a dividend of 0.96%, compared to the Building Products & Equipment industry's average dividend yield of 1.1%. If you owned $1,000 of LII stock, you would have been paid $9.59 last year.
Lennox International dividend payments have consistently grown over the past decade and have remained stable.
Dig into more analysis about Lennox International dividend yield and history here.
What others are saying about LII
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Execute your LII buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount, place a limit order.
Click the Open Trade button and eToro will execute the order.
If you require additional help with investing in stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your investment in LII
Now that you own some LII stock, you'll want to keep up with your investment.
Start a watchlist to get notified of important updates regarding your LII stock.
LII Feed
How to Buy Stock in Lennox International
To summarize, here are the 6 steps you need to take to buy Lennox International stock right now:
- Choose where to buy Lennox International stock
- Sign up for your brokerage account
- Deposit money your investment account
- Evaluate Lennox International stock
- Execute your LII buy order
- Get notifications regarding your investment in LII
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get updates on your investment in Lennox International, create a watchlist on WallStreetZen today.
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