Acuity Brands - AYI Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Acuity Brands in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AYI shares.
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7 brokers have issued 12 month price targets 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 year. This suggests a possible upside of 25.4% from the stock's current price.
View analysts price targets for AYI or view top-rated stocks among Wall Street analysts.

Acuity Brands' stock was trading at $211.72 on January 1st, 2022. Since then, AYI stock has decreased by 20.7% and is now trading at $167.86.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 4th 2022.
View our AYI earnings forecast.

Acuity Brands, Inc. (NYSE:AYI) posted its earnings results on Friday, January, 7th. The electronics maker reported $2.85 EPS for the quarter, beating the consensus estimate of $2.41 by $0.44. The electronics maker earned $926.10 million during the quarter, compared to analyst estimates of $879.24 million. Acuity Brands had a trailing twelve-month return on equity of 19.77% and a net margin of 9.43%. The company's revenue for the quarter was up 18.4% on a year-over-year basis. During the same period last year, the company posted $1.87 EPS.

Acuity Brands announced a quarterly dividend on Thursday, September 29th. Shareholders of record on Monday, October 17th will be paid a dividend of $0.13 per share on Tuesday, November 1st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.31%. The ex-dividend date is Friday, October 14th.
Read our dividend analysis for AYI.

Acuity Brands (NYSE:AYI) pays an annual dividend of $0.52 per share and currently has a dividend yield of 0.33%. 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 4.60% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AYI.

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.

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).

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

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.
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One share of AYI stock can currently be purchased for approximately $167.86.

Acuity Brands (NYSE:AYI) has a market capitalization of $5.49 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.

The company employs 13,000 workers across the globe.

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.