
Lennox International (LII) Stock Forecast & Price Target
Lennox International (LII) Analyst Ratings
Bulls say
Lennox International is strategically positioned for growth in fiscal 2024, with a consensus revenue estimate of $1.47 billion, reflecting a 3% year-over-year increase, supported by strong performance in residential HVAC, which comprises 67% of sales. The company's Building Climate segment displayed notable share gains amidst challenging market conditions, alongside factory productivity improvements that have led to significant margin expansion. Going forward, positive market conditions such as reduced inventory destocking, potential lower interest rates, and increased home sales are expected to bolster revenue growth, complemented by anticipated share gains in parts and emergency replacement sectors.
Bears say
Lennox International has reported a significant 23% volume decline in its Home Comfort segment, primarily driven by distributor destocking, a slowdown in residential construction, and a shift towards repairs over replacements in a challenging consumer market. The company has also revised its 2025 earnings per share guidance downward from $23.25-$24.25 to $22.75-$23.25, indicating a concession of $0.75 or 3.2% at the midpoint, reflecting broader weaknesses across its business segments, particularly in Home Comfort. Additionally, Lennox anticipates a total company volume decline of 11% and expects operating margins for both segments to remain flat, highlighting ongoing headwinds that could impact profitability going forward.
This aggregate rating is based on analysts' research of Lennox International and is not a guaranteed prediction by Public.com or investment advice.
Lennox International (LII) Analyst Forecast & Price Prediction
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