William Blair Has Pessimistic View of Acuity FY2025 Earnings

Acuity, Inc. (NYSE:AYI - Free Report) - Analysts at William Blair lowered their FY2025 earnings per share estimates for shares of Acuity in a note issued to investors on Tuesday, June 24th. William Blair analyst R. Merkel now forecasts that the electronics maker will post earnings of $15.80 per share for the year, down from their prior forecast of $15.88. The consensus estimate for Acuity's current full-year earnings is $15.86 per share. William Blair also issued estimates for Acuity's Q4 2025 earnings at $4.42 EPS, Q2 2026 earnings at $3.98 EPS and Q3 2026 earnings at $4.72 EPS.

Other equities research analysts have also issued research reports about the company. Wall Street Zen raised Acuity from a "hold" rating to a "buy" rating in a research note on Friday, May 2nd. Wells Fargo & Company lifted their price target on Acuity from $275.00 to $285.00 and gave the company an "equal weight" rating in a research report on Tuesday, June 17th. Morgan Stanley set a $335.00 price objective on Acuity in a report on Friday, April 4th. Finally, Robert W. Baird set a $315.00 target price on shares of Acuity and gave the company a "neutral" rating in a research note on Wednesday, June 18th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, Acuity has a consensus rating of "Moderate Buy" and an average target price of $323.60.

Acuity Stock Up 0.9%

AYI opened at $286.95 on Thursday. The firm has a market capitalization of $8.87 billion, a P/E ratio of 21.76, a price-to-earnings-growth ratio of 1.80 and a beta of 1.60. Acuity has a one year low of $216.81 and a one year high of $345.30. The company has a fifty day moving average price of $260.21 and a 200-day moving average price of $282.93. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.95 and a quick ratio of 1.36.

Acuity (NYSE:AYI - Get Free Report) last issued its quarterly earnings data on Thursday, April 3rd. The electronics maker reported $3.73 EPS for the quarter, beating the consensus estimate of $3.67 by $0.06. Acuity had a net margin of 10.53% and a return on equity of 19.73%. The company had revenue of $1.01 billion during the quarter, compared to analysts' expectations of $1.03 billion. During the same quarter in the previous year, the company earned $3.38 earnings per share. Acuity's revenue for the quarter was up 11.1% on a year-over-year basis.

Hedge Funds Weigh In On Acuity

Several institutional investors have recently modified their holdings of AYI. Kohmann Bosshard Financial Services LLC purchased a new stake in Acuity in the fourth quarter worth approximately $29,000. Cullen Frost Bankers Inc. lifted its holdings in shares of Acuity by 525.0% in the 1st quarter. Cullen Frost Bankers Inc. now owns 125 shares of the electronics maker's stock worth $33,000 after acquiring an additional 105 shares during the last quarter. True Wealth Design LLC purchased a new stake in shares of Acuity in the 4th quarter valued at $42,000. National Bank of Canada FI boosted its stake in shares of Acuity by 50.5% in the 4th quarter. National Bank of Canada FI now owns 161 shares of the electronics maker's stock valued at $47,000 after purchasing an additional 54 shares in the last quarter. Finally, UMB Bank n.a. grew its holdings in shares of Acuity by 45.3% during the 1st quarter. UMB Bank n.a. now owns 250 shares of the electronics maker's stock valued at $66,000 after purchasing an additional 78 shares during the last quarter. 98.21% of the stock is currently owned by institutional investors.

About Acuity

Acuity Brands, Inc provides lighting, lighting controls, building management system, location-aware applications in the United States and internationally. The company operates in two segments, Acuity Brands Lighting and Lighting Controls (ABL); and the Intelligent Spaces Group (ISG). The ABL segment provides commercial, architectural, and specialty lighting solutions, as well as lighting controls and components for various indoor and outdoor applications under the A-Light, Aculux, American Electric Lighting, Cyclone, Dark to Light, eldoLED, Eureka, Gotham, Healthcare Lighting, Holophane, Hydrel, Indy, IOTA, Juno, Lithonia Lighting, Luminaire LED, Luminis, Mark Architectural Lighting, nLight, OPTOTRONIC, Peerless, RELOCWiring Solutions, and Sensor Switch.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.