High levels of insider ownership at Lennox International may suggest the company is run in the interest of all shareholders. However, the selling of shares by insiders over the last year does not inspire confidence.
Lennox International's revenue growth is predicted to slow down significantly, with a projected annual growth of 3.3% until 2024, compared to its past five-year growth rate of 6.5%. This is slower than the industry's expected annual growth of 5.0%.
Lennox International's positive outlook is reflected in its above-industry share price. However, its high PE ratio suggests limited upside from mispricing. Investors should consider other factors, anticipating a potential price drop.
CEO Alok Maskara appreciates Reitmeier's strategic leadership that led to substantial shareholder value growth and exceptional financial performance. He also shows confidence in Quenzer who holds a record of success at Lennox.
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