Lennox International Price To Sales vs. Shares Outstanding

LII Stock  USD 657.69  7.09  1.09%   
Taking into consideration Lennox International's profitability measurements, Lennox International is performing exceptionally good at this time. It has a great probability to showcase excellent profitability results in December. Profitability indicators assess Lennox International's ability to earn profits and add value for shareholders.

Lennox International Price To Sales Ratio

3.35

The Lennox International's current Price To Sales Ratio is estimated to increase to 3.35. The Lennox International's current Days Sales Outstanding is estimated to increase to 52.34. As of now, Lennox International's Net Income Applicable To Common Shares is increasing as compared to previous years. The Lennox International's current Net Income Per Share is estimated to increase to 17.45, while Accumulated Other Comprehensive Income is projected to decrease to (59.7 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.330.3107
Notably Up
Slightly volatile
Net Profit Margin0.120.1184
Fairly Up
Slightly volatile
Operating Profit Margin0.170.1586
Notably Up
Slightly volatile
Pretax Profit Margin0.160.148
Significantly Up
Slightly volatile
Return On Assets0.220.2109
Sufficiently Up
Slightly volatile
For Lennox International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Lennox International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Lennox International utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Lennox International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Lennox International over time as well as its relative position and ranking within its peers.
  

Lennox International's Revenue Breakdown by Earning Segment

Check out Correlation Analysis.
For more detail on how to invest in Lennox Stock please use our How to Invest in Lennox International guide.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lennox International. If investors know Lennox will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lennox International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.83
Dividend Share
4.5
Earnings Share
21.05
Revenue Per Share
144.796
Quarterly Revenue Growth
0.096
The market value of Lennox International is measured differently than its book value, which is the value of Lennox that is recorded on the company's balance sheet. Investors also form their own opinion of Lennox International's value that differs from its market value or its book value, called intrinsic value, which is Lennox International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lennox International's market value can be influenced by many factors that don't directly affect Lennox International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lennox International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lennox International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lennox International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Lennox International Shares Outstanding vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Lennox International's current stock value. Our valuation model uses many indicators to compare Lennox International value to that of its competitors to determine the firm's financial worth.
Lennox International is rated below average in price to sales category among its peers. It is rated below average in shares outstanding category among its peers creating about  7,832,051  of Shares Outstanding per Price To Sales. As of now, Lennox International's Price To Sales Ratio is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Lennox International's earnings, one of the primary drivers of an investment's value.

Lennox Shares Outstanding vs. Price To Sales

Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Lennox International

P/S

 = 

MV Per Share

Revenue Per Share

 = 
4.55 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Lennox International

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
35.62 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Lennox Shares Outstanding Comparison

Lennox International is currently under evaluation in shares outstanding category among its peers.

Lennox International Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Lennox International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Lennox International will eventually generate negative long term returns. The profitability progress is the general direction of Lennox International's change in net profit over the period of time. It can combine multiple indicators of Lennox International, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-56.9 M-59.7 M
Operating Income790.1 M829.6 M
Income Before Tax737.5 M774.4 M
Total Other Income Expense Net-52.6 M-50 M
Net Income590.1 M619.6 M
Income Tax Expense147.4 M84.8 M
Net Income Applicable To Common Shares571.7 M600.2 M
Net Income From Continuing Ops540 M324.4 M
Non Operating Income Net Other-1.7 M-1.8 M
Interest Income4.3 M4.1 M
Net Interest Income-53 M-55.6 M
Change To Netincome-5.5 M-5.2 M
Net Income Per Share 16.62  17.45 
Income Quality 1.25  0.83 
Net Income Per E B T 0.80  0.51 

Lennox Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Lennox International. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Lennox International position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Lennox International's important profitability drivers and their relationship over time.

Use Lennox International in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lennox International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lennox International will appreciate offsetting losses from the drop in the long position's value.

Lennox International Pair Trading

Lennox International Pair Trading Analysis

The ability to find closely correlated positions to Lennox International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lennox International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lennox International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lennox International to buy it.
The correlation of Lennox International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lennox International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lennox International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lennox International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Lennox International position

In addition to having Lennox International in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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When determining whether Lennox International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lennox International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lennox International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lennox International Stock:
Check out Correlation Analysis.
For more detail on how to invest in Lennox Stock please use our How to Invest in Lennox International guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
To fully project Lennox International's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Lennox International at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Lennox International's income statement, its balance sheet, and the statement of cash flows.
Potential Lennox International investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Lennox International investors may work on each financial statement separately, they are all related. The changes in Lennox International's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Lennox International's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.