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LII

Lennox

$279.06

-4.87 (-1.72%)

07:35
07/22/19
07/22
07:35
07/22/19
07:35

Lennox cuts FY19 free cash flow view to approximately $390M from $420M

Reiterating guidance for corporate expenses of approximately $90M. Updating guidance for 2019 capital expenditures from approximately $195M to $155M as $40M of capital to fully reconstruct the Iowa manufacturing facility damaged by the tornado moved from 2019 to 2020. Reiterating guidance for an effective tax rate of 22%-23% on an adjusted basis for the full year.

  • 22

    Jul

  • 13

    Nov

LII Lennox
$279.06

-4.87 (-1.72%)

05/24/19
UBSW
05/24/19
DOWNGRADE
Target $235
UBSW
Sell
Lennox downgraded to Sell on 'peak multiple' at UBS
UBS analyst Damian Karas downgraded Lennox International to Sell from Neutral with an unchanged price target of $235. The company is trading at a "peak multiple on peak growth," Karas tells investors in a research note.
05/24/19
05/24/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Avon Products (AVP) downgraded to Neutral from Buy at DA Davidson. 2. SQM (SQM) downgraded to Market Perform from Outperform at BMO Capital with analyst Joel Jackson saying a lithium rebound or a bottoming in sentiment may take longer and that the company's earnings trajectory no longer warrants a bullish outlook. 3. Lennox (LII) downgraded to Sell from Neutral at UBS with analyst Damian Karas saying the company is trading at a "peak multiple on peak growth." 4. Weibo (WB) downgraded to Reduce from Hold at HSBC. 5. Big Lots (BIG) downgraded to Neutral from Overweight at Piper Jaffray with analyst Peter Keith saying the downgrade is based on risk to first half of 2019 estimates as well as ongoing tariff concerns. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/08/19
JPMS
07/08/19
DOWNGRADE
Target $231
JPMS
Underweight
Lennox downgraded to Underweight from Neutral at JPMorgan
JPMorgan analyst Steve Tusa downgraded Lennox International to Underweight from Neutral with an unchanged price target of $231.
07/08/19
JPMS
07/08/19
DOWNGRADE
Target $231
JPMS
Underweight
JPMorgan's Tusa downgrades Lennox to Underweight with $231 price target
JPMorgan analyst Stephen Tusa downgraded Lennox International (LII) to Underweight from Neutral with an unchanged price target of $231. The analyst this morning also upgraded Johnson Controls (JCI) to Neutral from Underweight. Lennox's standing premium to implied HVAC multiples "at soon to be pure play peers seems overdone," Tusa tells investors in a research note. The analyst believes the emergence of two new pure plays, "seemingly currently trading at ~30% discounts," dilutes Lennox's scarcity value. Tusa's price target implies 20% downside versus his Overweight-rated HVAC related names, Ingersoll-Rand (IR) and United Technologies (UTX).

TODAY'S FREE FLY STORIES

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XLRN

Acceleron

$44.67

0.75 (1.71%)

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PNRL

Paringa Resources

$2.28

-0.06 (-2.56%)

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RBNC

Reliant Bancorp

$24.70

0.16 (0.65%)

20:17
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  • 23

    Sep

ORCL

Oracle

$53.12

-0.64 (-1.19%)

, INTC

Intel

$52.21

-0.32 (-0.61%)

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ORCL

Oracle

$53.12

-0.64 (-1.19%)

INTC

Intel

$52.21

-0.32 (-0.61%)

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  • 24

    Oct

ORCL

Oracle

$53.12

-0.64 (-1.19%)

, VMW

VMware

$155.87

4.81 (3.18%)

19:08
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VMware, Oracle expand partnership on hybrid cloud »

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ORCL

Oracle

$53.12

-0.64 (-1.19%)

VMW

VMware

$155.87

4.81 (3.18%)

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  • 10

    Oct

ACRS

Aclaris Therapeutics

$1.09

0.06 (5.83%)

, BBCP

Concrete Pumping

$4.40

0.265 (6.41%)

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ACRS

Aclaris Therapeutics

$1.09

0.06 (5.83%)

BBCP

Concrete Pumping

$4.40

0.265 (6.41%)

GLW

Corning

$30.04

-0.12 (-0.40%)

XLRN

Acceleron

$44.67

0.75 (1.71%)

SHOP

Shopify

$337.93

-0.77 (-0.23%)

KHC

Kraft Heinz

$29.62

0.37 (1.27%)

PSTV

Plus Therapeutics

$9.51

-0.05 (-0.52%)

03/08/13
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  • 16

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  • 01

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  • 04

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    Apr

  • 17

    Sep

KHC

Kraft Heinz

$29.62

0.37 (1.27%)

19:03
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09/16
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19:03
Hot Stocks
3G Capital sells 25.1M shares of Kraft Heinz »

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  • 01

    Oct

KHC

Kraft Heinz

$29.62

0.37 (1.27%)

18:53
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Kraft Heinz's Lemann acquires nearly 3.5M common shares »

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  • 01

    Oct

HMSY

HMS Holdings

$37.14

0.24 (0.65%)

18:43
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HMS Holdings acquires VitreosHealth for approximately $36.5M »

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18:25
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General news
U.S. industrial production preview: »

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ICAD

iCAD

$6.89

-0.01 (-0.14%)

18:25
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09/16
18:25
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Conference/Events
iCAD to hold an investor reception »

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  • 16

    Sep

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    Nov

GLW

Corning

$30.04

-0.12 (-0.40%)

18:18
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Corning down 5.5% or $1.64 at $28.40 per share after cutting volume outlook »

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WE

We Company

$0.00

(0.00%)

18:17
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Periodicals
We Company IPO delayed until October at earliest, WSJ reports »

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GLW

Corning

$30.04

-0.12 (-0.40%)

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WE

We Company

$0.00

(0.00%)

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GM

General Motors

$37.21

-1.62 (-4.17%)

18:02
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Periodicals
Auto workers strike could cost GM $100M daily, WSJ says »

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HLNE

Hamilton Lane

$59.95

-0.51 (-0.84%)

17:57
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Hot Stocks
Hamilton Lane vice chairman sells 150K shares of common stock »

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  • 26

    Sep

17:52
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Conference/Events
SVB Leerink biotech analysts to hold analyst/industry conference call »

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HLNE

Hamilton Lane

$59.95

-0.51 (-0.84%)

17:52
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17:52
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Hamilton Lane chairman sells 78.5K shares of common »

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  • 26

    Sep

GD

General Dynamics

$190.91

0.98 (0.52%)

, BAH

Booz Allen

$70.35

0.85 (1.22%)

17:44
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GD

General Dynamics

$190.91

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BAH

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$70.35

0.85 (1.22%)

PSN

Parsons

$37.25

0.35 (0.95%)

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  • 27

    Oct

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