
Lennox International (LII) Stock Forecast & Price Target
Lennox International (LII) Analyst Ratings
Bulls say
Lennox International is projecting revenue growth of 3% year-over-year for fiscal 2024, with significant contributions expected from residential HVAC, which constitutes 67% of sales. The company is benefiting from share gains in challenging market conditions, coupled with improvement in factory productivity that has led to notable margin expansion. Furthermore, anticipated favorable market conditions, including lower interest rates and increased home sales, are expected to bolster revenue, alongside growth in parts and emergency replacement sectors.
Bears say
Lennox International has experienced a substantial 23% volume decline in its Home Comfort segment, which was attributed to distributor destocking, weak residential construction, and an increased preference for repairs over replacements, reflecting a challenging consumer environment. The company's outlook for 2025 suggests stagnant operating margins across both segments, with a significant expected overall volume decline of 11%, further compounded by a reduced earnings per share guidance from $23.25-$24.25 to $22.75-$23.25. Additionally, the anticipated drastic decremental margins for the entire business in the fourth quarter of 2025, particularly within the Home Comfort segment, highlights ongoing financial struggles for the company moving 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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