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S&P 500   4,280.15
DOW   33,761.05
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Sinema took Wall Street money while killing tax on investors
The Financial Day of Reckoning Has Begun (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Italy's Lake Garda shrinks to near-historic low amid drought
The Financial Day of Reckoning Has Begun (Ad)
Germans urged to cap heat in offices this winter to save gas
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
A Hot Tech Company With Strong Patents & Partners (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The Financial Day of Reckoning Has Begun (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Italy's Lake Garda shrinks to near-historic low amid drought
The Financial Day of Reckoning Has Begun (Ad)
Germans urged to cap heat in offices this winter to save gas
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
A Hot Tech Company With Strong Patents & Partners (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The Financial Day of Reckoning Has Begun (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Italy's Lake Garda shrinks to near-historic low amid drought
The Financial Day of Reckoning Has Begun (Ad)
Germans urged to cap heat in offices this winter to save gas
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
A Hot Tech Company With Strong Patents & Partners (Ad)pixel
NYSE:AYI

Acuity Brands - AYI Stock Forecast, Price & News

$183.24
+1.69 (+0.93%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$181.20
$184.29
50-Day Range
$146.36
$185.49
52-Week Range
$142.71
$224.59
Volume
119,807 shs
Average Volume
254,771 shs
Market Capitalization
$5.99 billion
P/E Ratio
17.65
Dividend Yield
0.28%
Price Target
$210.57

Acuity Brands MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
14.9% Upside
$210.57 Price Target
Short Interest
Healthy
4.43% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.05
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$999,327 Sold Last Quarter
Proj. Earnings Growth
-0.26%
From $11.52 to $11.49 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.18 out of 5 stars

Construction Sector

54th out of 104 stocks

Electric Lighting & Wiring Equipment Industry

5th out of 6 stocks

AYI stock logo

About Acuity Brands (NYSE:AYI) Stock

Acuity Brands, Inc. provides lighting and building management solutions in North America and internationally. The company operates through 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 Lithonia Lighting, Holophane, Peerless, Gotham, Mark Architectural Lighting, Winona Lighting, Juno, Indy, Aculux, Healthcare Lighting, Hydrel, American Electric Lighting, Sunoptics, eldoLED, nLight, Sensor Switch, IOTA, A-Light, Cyclone, Eureka, Lumniaire LED, Luminis, Dark to Light, and RELOC Wiring Solutions brands. This segment serves electrical distributors, retail home improvement centers, electric utilities, national accounts, digital retailers, lighting showrooms, and energy service companies. The ISG segment offers building management systems and location-aware applications under the Distech Controls, Atrius, and Rockpile Ventures brands. This segment serves system integrators, as well as retail stores, airports, and enterprise campuses. Acuity Brands, Inc. was incorporated in 2001 and is headquartered in Atlanta, Georgia.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Robert W. Baird increased their price objective on Acuity Brands from $188.00 to $190.00 and gave the company an "outperform" rating in a research report on Friday, July 1st. Cowen decreased their price target on shares of Acuity Brands to $225.00 in a research report on Monday, July 4th. Oppenheimer reaffirmed an "outperform" rating and set a $210.00 price objective on shares of Acuity Brands in a research report on Tuesday, July 5th. Wells Fargo & Company decreased their target price on Acuity Brands from $200.00 to $181.00 and set an "overweight" rating on the stock in a research report on Wednesday, June 29th. Finally, William Blair downgraded Acuity Brands from an "outperform" rating to a "market perform" rating in a research report on Thursday, June 23rd. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $210.57.

Acuity Brands Stock Performance

NYSE:AYI opened at $183.24 on Friday. Acuity Brands has a twelve month low of $142.71 and a twelve month high of $224.59. The company has a quick ratio of 1.19, a current ratio of 1.86 and a debt-to-equity ratio of 0.26. The stock has a market cap of $5.99 billion, a P/E ratio of 17.65, a PEG ratio of 1.58 and a beta of 1.58. The company's 50-day simple moving average is $167.55 and its 200 day simple moving average is $175.53.

Acuity Brands (NYSE:AYI - Get Rating) last released its quarterly earnings data on Thursday, June 30th. The electronics maker reported $3.30 earnings per share for the quarter, beating the consensus estimate of $2.80 by $0.50. Acuity Brands had a return on equity of 19.77% and a net margin of 9.43%. The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $988.15 million. During the same period in the prior year, the company posted $2.62 EPS. The company's revenue was up 17.9% compared to the same quarter last year. As a group, research analysts forecast that Acuity Brands will post 11.52 earnings per share for the current fiscal year.

Acuity Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 1st. Shareholders of record on Friday, July 15th were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Thursday, July 14th. This represents a $0.52 annualized dividend and a yield of 0.28%. Acuity Brands's dividend payout ratio is currently 5.01%.

Insider Buying and Selling at Acuity Brands

In other news, CFO Karen J. Holcom sold 5,438 shares of the company's stock in a transaction dated Wednesday, July 6th. The shares were sold at an average price of $154.20, for a total value of $838,539.60. Following the sale, the chief financial officer now owns 17,138 shares of the company's stock, valued at approximately $2,642,679.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Acuity Brands news, Director Laura O'shaughnessy purchased 575 shares of the company's stock in a transaction that occurred on Thursday, July 28th. The stock was purchased at an average cost of $174.54 per share, with a total value of $100,360.50. Following the acquisition, the director now directly owns 1,479 shares of the company's stock, valued at approximately $258,144.66. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Karen J. Holcom sold 5,438 shares of Acuity Brands stock in a transaction on Wednesday, July 6th. The shares were sold at an average price of $154.20, for a total value of $838,539.60. Following the completion of the transaction, the chief financial officer now owns 17,138 shares of the company's stock, valued at approximately $2,642,679.60. The disclosure for this sale can be found here. Company insiders own 1.20% of the company's stock.

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AYI Stock News Headlines

Is This Popular Retailer a Good Buy?
Acuity Brands Reports Fiscal 2022 Third-Quarter Results
Acuity Brands Q3 Profit Beats Estimates; Net Sales Up 17.9%
Acuity Brands rallies after earnings topper
See More Headlines
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AYI Company Calendar

Last Earnings
6/30/2022
Ex-Dividend for 8/1 Dividend
7/14/2022
Dividend Payable
8/01/2022
Today
8/14/2022
Fiscal Year End
8/31/2022
Next Earnings (Estimated)
10/05/2022

Industry, Sector and Symbol

Industry
Electric lighting & wiring equipment
Sub-Industry
Electrical Components & Equipment
CUSIP
00508Y10
Employees
13,000
Year Founded
2001

Price Target and Rating

Average Stock Price Forecast
$210.57
High Stock Price Forecast
$244.00
Low Stock Price Forecast
$181.00
Forecasted Upside/Downside
+14.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$306.30 million
Pretax Margin
12.10%

Debt

Sales & Book Value

Annual Sales
$3.46 billion
Cash Flow
$12.51 per share
Book Value
$57.26 per share

Miscellaneous

Free Float
32,320,000
Market Cap
$5.99 billion
Optionable
Optionable
Beta
1.58

Social Links


Key Executives














AYI Stock - Frequently Asked Questions

Should I buy or sell Acuity Brands stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Acuity Brands in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AYI shares.
View AYI analyst ratings
or view top-rated stocks.

What is Acuity Brands' stock price forecast for 2022?

7 brokers have issued 1 year price objectives for Acuity Brands' stock. Their AYI share price forecasts range from $181.00 to $244.00. On average, they predict the company's stock price to reach $210.57 in the next twelve months. This suggests a possible upside of 14.9% from the stock's current price.
View analysts price targets for AYI
or view top-rated stocks among Wall Street analysts.

How have AYI shares performed in 2022?

Acuity Brands' stock was trading at $211.72 at the start of the year. Since then, AYI shares have decreased by 13.5% and is now trading at $183.24.
View the best growth stocks for 2022 here
.

When is Acuity Brands' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 5th 2022.
View our AYI earnings forecast
.

How were Acuity Brands' earnings last quarter?

Acuity Brands, Inc. (NYSE:AYI) posted its quarterly earnings data on Thursday, June, 30th. The electronics maker reported $3.30 earnings per share for the quarter, beating the consensus estimate of $2.80 by $0.50. The electronics maker earned $1.06 billion during the quarter, compared to the consensus estimate of $988.15 million. Acuity Brands had a trailing twelve-month return on equity of 19.77% and a net margin of 9.43%. The company's quarterly revenue was up 17.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.62 earnings per share.

How often does Acuity Brands pay dividends? What is the dividend yield for Acuity Brands?

Acuity Brands announced a quarterly dividend on Wednesday, June 29th. Investors of record on Friday, July 15th will be given a dividend of $0.13 per share on Monday, August 1st. This represents a $0.52 annualized dividend and a yield of 0.28%. The ex-dividend date of this dividend is Thursday, July 14th.
Read our dividend analysis for AYI
.

Is Acuity Brands a good dividend stock?

Acuity Brands (NYSE:AYI) pays an annual dividend of $0.52 per share and currently has a dividend yield of 0.29%. The dividend payout ratio is 5.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AYI will have a dividend payout ratio of 4.53% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AYI.

What is Neil Ashe's approval rating as Acuity Brands' CEO?

18 employees have rated Acuity Brands Chief Executive Officer Neil Ashe on Glassdoor.com. Neil Ashe has an approval rating of 62% among the company's employees. This puts Neil Ashe in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Acuity Brands own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Acuity Brands investors own include Allergan (AGN), Johnson & Johnson (JNJ), International Business Machines (IBM), Intel (INTC), Coca-Cola (KO), Netflix (NFLX), AT&T (T), Broadcom (AVGO), Alibaba Group (BABA) and Micron Technology (MU).

What is Acuity Brands' stock symbol?

Acuity Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "AYI."

Who are Acuity Brands' major shareholders?

Acuity Brands' stock is owned by many different retail and institutional investors. Top institutional shareholders include FMR LLC (14.89%), Cooke & Bieler LP (1.74%), Northern Trust Corp (1.06%), Paradice Investment Management LLC (0.86%), Credit Suisse AG (0.81%) and Seizert Capital Partners LLC (0.77%). Insiders that own company stock include Barry R Goldman, Barry R Goldman, Karen J Holcom, Laura O'shaughnessy, Mary A Winston, Peter C Browning and Robert F Mccullough.
View institutional ownership trends
.

How do I buy shares of Acuity Brands?

Shares of AYI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Acuity Brands' stock price today?

One share of AYI stock can currently be purchased for approximately $183.24.

How much money does Acuity Brands make?

Acuity Brands (NYSE:AYI) has a market capitalization of $5.99 billion and generates $3.46 billion in revenue each year. The electronics maker earns $306.30 million in net income (profit) each year or $10.38 on an earnings per share basis.

How many employees does Acuity Brands have?

The company employs 13,000 workers across the globe.

When was Acuity Brands founded?

Acuity Brands was founded in 2001.

How can I contact Acuity Brands?

Acuity Brands' mailing address is 1170 PEACHTREE STREET NE SUITE 2300, ATLANTA GA, 30309. The official website for the company is www.acuitybrands.com. The electronics maker can be reached via phone at (404) 853-1400, via email at ir@acuitybrands.com, or via fax at 404-853-1430.

This page (NYSE:AYI) was last updated on 8/14/2022 by MarketBeat.com Staff

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