Acuity Brands Company Profile (NYSE:AYI)

About Acuity Brands (NYSE:AYI)

Acuity Brands logoAcuity Brands, Inc. is a provider of lighting solutions for commercial, institutional, industrial, infrastructure and residential applications throughout North America and other international markets. The Company operates through North American segment. The Company offers a portfolio of indoor and outdoor lighting and building management solutions for commercial, institutional, industrial, infrastructure and residential applications. The portfolio of lighting solutions include lighting products utilizing fluorescent, light emitting diode (LED), organic LED (OLED), high intensity discharge, metal halide, and incandescent light sources to illuminate a number of applications. The solutions portfolio of the Company also includes modular wiring, LED drivers, sensors, glass and inverters sold primarily to original equipment manufacturers (OEMs). Its lighting and building management solutions are marketed under various brand names, including Lithonia Lighting and Holophane.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: Lighting Fixtures
  • Sub-Industry: Electrical Components & Equipment
  • Symbol: NYSE:AYI
  • CUSIP: 00508Y10
  • Web: www.acuitybrands.com
Capitalization:
  • Market Cap: $6.74 billion
  • Outstanding Shares: 41,900,000
Average Prices:
  • 50 Day Moving Avg: $169.94
  • 200 Day Moving Avg: $179.80
  • 52 Week Range: $153.28 - $261.43
P/E:
  • Trailing P/E Ratio: 19.04
  • Foreward P/E Ratio: 16.50
  • P/E Growth: 0.89
Sales & Book Value:
  • Annual Revenue: $3.51 billion
  • Price / Sales: 1.92
  • Book Value: $39.75 per share
  • Price / Book: 4.05
Dividend:
  • Annual Dividend: $0.52
  • Dividend Yield: 0.3%
Profitability:
  • EBITDA: $606.3 million
  • Net Margins: 9.18%
  • Return on Equity: 20.47%
  • Return on Assets: 11.89%
Debt:
  • Debt-to-Equity Ratio: 0.21%
  • Current Ratio: 2.07%
  • Quick Ratio: 1.53%
Misc:
  • Average Volume: 551,134 shs.
  • Beta: 1.43
  • Short Ratio: 7.55
 

Frequently Asked Questions for Acuity Brands (NYSE:AYI)

What is Acuity Brands' stock symbol?

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

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

Acuity Brands declared a quarterly dividend on Monday, October 2nd. Stockholders of record on Wednesday, October 18th will be given a dividend of $0.13 per share on Wednesday, November 1st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.32%. The ex-dividend date of this dividend is Tuesday, October 17th. View Acuity Brands' Dividend History.

How will Acuity Brands' stock buyback program work?

Acuity Brands declared that its Board of Directors has authorized a share buyback program on Friday, June 30th 2017, which permits the company to buyback 2,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company's board believes its shares are undervalued.

How were Acuity Brands' earnings last quarter?

Acuity Brands Inc (NYSE:AYI) posted its quarterly earnings data on Wednesday, October, 4th. The company reported $2.55 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $2.30 by $0.25. The firm earned $957.60 million during the quarter, compared to analyst estimates of $975.05 million. Acuity Brands had a net margin of 9.18% and a return on equity of 20.47%. The business's revenue was up 3.5% on a year-over-year basis. During the same period in the previous year, the business posted $2.21 EPS. View Acuity Brands' Earnings History.

When will Acuity Brands make its next earnings announcement?

Acuity Brands is scheduled to release their next quarterly earnings announcement on Monday, January, 8th 2018. View Earnings Estimates for Acuity Brands.

Where is Acuity Brands' stock going? Where will Acuity Brands' stock price be in 2017?

12 brokers have issued 1-year target prices for Acuity Brands' shares. Their forecasts range from $130.00 to $245.00. On average, they anticipate Acuity Brands' share price to reach $197.17 in the next year. View Analyst Ratings for Acuity Brands.

What are analysts saying about Acuity Brands stock?

Here are some recent quotes from research analysts about Acuity Brands stock:

  • 1. According to Zacks Investment Research, "Shares of Acuity Brands lost 27.3% so far this year. Acuity Brands operates in a highly competitive industry that is affected by volatility owing to a number of general business and economic factors. Higher spending on research and development of energy efficient lighting products may dent margins and thereby the bottom line of the company. Gross profit margin in the last quarter decreased 200 basis points year over year. The company’s profits in the last quarter were adversely impacted by higher-than-normal supply chain costs, including increased quality expenses and inbound freight charges." (9/19/2017)
  • 2. Deutsche Bank AG analysts commented, "AYI shares have been under pressure on concerns over near term risk to earnings. Although we lower our FY17/18 growth projections somewhat in order to reflect the moderating growth trends in LED lighting and slightly longer than anticipated slowdown driven by near term policy uncertainty, we maintain our Buy as our analysis and channel checks suggest that the FQ2 results would generally come in line with consensus and street ests for the remaining quarters also reflect slowdown in growth expectations. We believe share price multiple would depend on whether mgmt comments suggest acceleration in both small and larger project segments." (3/14/2017)

Who are some of Acuity Brands' key competitors?

Who are Acuity Brands' key executives?

Acuity Brands' management team includes the folowing people:

  • Vernon J. Nagel, Chairman of the Board, President, Chief Executive Officer
  • Richard K. Reece, Chief Financial Officer, Executive Vice President
  • Mark A. Black, Executive Vice President
  • Peter Crane Browning, Lead Independent Director
  • George Douglas Dillard Jr., Director
  • Mary A. Winston CPA, Director
  • W. Patrick Battle, Independent Director
  • James H. Hance Jr., Independent Director

Who owns Acuity Brands stock?

Acuity Brands' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include APG Asset Management N.V. (0.07%), State Treasurer State of Michigan (0.03%), Mutual of America Capital Management LLC (0.01%) and Assenagon Asset Management S.A. (0.01%). Company insiders that own Acuity Brands stock include Mark A Black, Peter C Browning, Ray M Robinson, Richard K Reece, Vernon J Nagel and W Patrick Battle. View Institutional Ownership Trends for Acuity Brands.

Who sold Acuity Brands stock? Who is selling Acuity Brands stock?

Acuity Brands' stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan and Mutual of America Capital Management LLC. Company insiders that have sold Acuity Brands stock in the last year include Mark A Black, Peter C Browning and Ray M Robinson. View Insider Buying and Selling for Acuity Brands.

Who bought Acuity Brands stock? Who is buying Acuity Brands stock?

Acuity Brands' stock was bought by a variety of institutional investors in the last quarter, including APG Asset Management N.V. and Assenagon Asset Management S.A.. View Insider Buying and Selling for Acuity Brands.

How do I buy Acuity Brands stock?

Shares of Acuity Brands can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Acuity Brands' stock price today?

One share of Acuity Brands stock can currently be purchased for approximately $160.90.


MarketBeat Community Rating for Acuity Brands (NYSE AYI)
Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  405 (Vote Outperform)
Underperform Votes:  331 (Vote Underperform)
Total Votes:  736
MarketBeat's community ratings are surveys of what our community members think about Acuity Brands and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Acuity Brands (NYSE:AYI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $197.17 (22.54% upside)
Consensus Price Target History for Acuity Brands (NYSE:AYI)
Price Target History for Acuity Brands (NYSE:AYI)
Analysts' Ratings History for Acuity Brands (NYSE:AYI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/13/2017KeyCorpInitiated CoverageSector WeightN/AView Rating Details
10/10/2017Oppenheimer Holdings, Inc.Reiterated RatingBuy$230.00 -> $200.00N/AView Rating Details
10/9/2017Wolfe ResearchDowngradeOutperform -> Market PerformN/AView Rating Details
10/6/2017Seaport Global SecuritiesReiterated RatingBuy$225.00 -> $200.00N/AView Rating Details
10/5/2017Roth CapitalSet Price TargetSell$150.00 -> $130.00N/AView Rating Details
10/3/2017JMP SecuritiesUpgradeUnderperform -> Market Perform$183.00LowView Rating Details
9/19/2017Robert W. BairdDowngradeOutperform -> Neutral$212.00 -> $178.00HighView Rating Details
9/15/2017Wells Fargo & CompanyDowngradeOutperform -> Market Perform$225.00 -> $185.00HighView Rating Details
6/30/2017Deutsche Bank AGBoost Price TargetBuy$215.00 -> $245.00LowView Rating Details
6/30/2017Canaccord GenuityReiterated RatingBuy$215.00LowView Rating Details
6/30/2017Cowen and CompanyLower Price TargetOutperform$230.00 -> $226.00LowView Rating Details
4/11/2017GuggenheimInitiated CoverageNeutral$181.00LowView Rating Details
4/5/2017Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$256.00 -> $186.00MediumView Rating Details
10/14/2016William BlairReiterated RatingOutperformN/AView Rating Details
10/4/2016DA DavidsonReiterated RatingHold$255.00N/AView Rating Details
9/30/2016Williams CapitalInitiated CoverageBuy$306.00N/AView Rating Details
2/9/2016Piper Jaffray CompaniesReiterated RatingBuyN/AView Rating Details
1/11/2016Stifel NicolausBoost Price TargetBuy$235.00 -> $250.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Acuity Brands (NYSE:AYI)
Earnings by Quarter for Acuity Brands (NYSE:AYI)
Earnings History by Quarter for Acuity Brands (NYSE AYI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/8/2018$2.11N/AView Earnings Details
10/4/2017Q4 2017$2.30$2.55$975.05 million$957.60 millionViewN/AView Earnings Details
6/29/2017Q3 17$2.03$2.15$878.66 million$891.60 millionViewN/AView Earnings Details
4/4/2017Q2 2017$1.83$1.77$827.22 million$804.70 millionViewListenView Earnings Details
1/9/2017Q117$2.16$2.00$887.08 million$851.20 millionViewListenView Earnings Details
10/5/2016Q416$2.39$2.21$948.26 million$925.50 millionViewListenView Earnings Details
6/29/2016Q316$2.03$2.06$853.20 million$851.50 millionViewListenView Earnings Details
4/6/2016Q216$1.51$1.80$749.26 million$777.80 millionViewListenView Earnings Details
1/8/2016Q116$1.58$1.65$740.31 million$736.60 millionViewListenView Earnings Details
10/7/2015Q4$1.62$1.63$753.15 million$759.50 millionViewListenView Earnings Details
7/1/2015Q315$1.34$1.37$688.03 million$683.70 millionViewListenView Earnings Details
4/1/2015Q215$1.05$1.08$627.15 million$616.10 millionViewListenView Earnings Details
1/9/2015Q1$1.15$1.32$635.61 million$647.40 millionViewListenView Earnings Details
10/1/2014Q414$1.23$1.26$668.70 millionViewN/AView Earnings Details
7/1/2014Q314$1.13$1.00$609.09 million$603.90 millionViewN/AView Earnings Details
4/2/2014Q2$0.84$0.75$553.95 million$546.20 millionViewListenView Earnings Details
1/9/2014Q1$0.84$0.96$540.93 million$574.70 millionViewListenView Earnings Details
10/1/2013Q413$1.02$1.03$569.33 million$579.80 millionViewListenView Earnings Details
7/2/2013Q3 2013$0.88$0.97$518.76 million$541.50 millionViewListenView Earnings Details
4/3/2013Q2 2013$0.61$0.62$469.19 million$486.70 millionViewListenView Earnings Details
1/8/2013Q1 2013$0.80$0.69$498.79 million$481.10 millionViewListenView Earnings Details
10/2/2012Q412$0.92$0.88$522.09 million$514.30 millionViewN/AView Earnings Details
7/2/2012$0.78$0.79ViewN/AView Earnings Details
4/4/2012$0.62$0.57ViewN/AView Earnings Details
1/9/2012$0.67$0.74ViewN/AView Earnings Details
10/5/2011$0.79$0.79ViewN/AView Earnings Details
3/30/2011$0.50$0.45ViewN/AView Earnings Details
1/10/2011$0.57$0.56ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Acuity Brands (NYSE:AYI)
2017 EPS Consensus Estimate: $8.10
2018 EPS Consensus Estimate: $8.59
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$1.86$2.15$1.99
Q2 20174$1.65$2.06$1.84
Q3 20174$1.90$2.30$2.05
Q4 20175$1.96$2.57$2.23
Q1 20182$1.85$2.05$1.95
Q2 20182$1.74$1.78$1.76
Q3 20182$2.23$2.33$2.28
Q4 20182$2.55$2.64$2.60
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Acuity Brands (NYSE:AYI)
Next Dividend:11/1/2017
Annual Dividend:$0.52
Dividend Yield:0.32%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:6.99% (Trailing 12 Months of Earnings)
5.76% (Based on This Year's Estimates)
5.33% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Acuity Brands (NYSE:AYI)

Dividend History by Quarter for Acuity Brands (NYSE AYI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/2/2017quarterly$0.130.31%10/17/201710/18/201711/1/2017
6/28/2017quarterly$0.130.29%7/14/20177/18/20178/1/2017
3/30/2017Quarterly$0.130.25%4/12/20174/17/20175/1/2017
1/6/2017Quarterly$0.130.26%1/19/20171/23/20172/1/2017
9/30/2016quarterly$0.130.2%10/14/201610/18/201611/1/2016
6/27/2016quarterly$0.130.22%7/14/20167/18/20168/1/2016
4/5/2016quarterly$0.130.23%4/14/20164/18/20165/2/2016
1/6/2016quarterly$0.130.23%1/15/20161/20/20162/1/2016
10/2/2015quarterly$0.130.29%10/15/201510/19/201511/2/2015
6/29/2015quarterly$0.130.29%7/16/20157/20/20158/3/2015
3/30/2015quarterly$0.130.3%4/15/20154/17/20155/1/2015
1/8/2015quarterly$0.130.37%1/16/20151/21/20152/2/2015
9/29/2014quarterly$0.130.43%10/15/201410/17/201411/3/2014
6/30/2014quarterly$0.130.38%7/16/20147/18/20148/1/2014
4/1/2014quarterly$0.130.39%4/15/20144/17/20145/1/2014
1/7/2014quarterly$0.130.47%1/16/20141/21/20142/3/2014
9/27/2013quarterly$0.130.57%10/16/201310/18/201311/1/2013
6/28/2013quarterly$0.130.68%7/16/20137/18/20138/1/2013
4/3/2013quarterly$0.130.72%4/15/20134/17/20135/1/2013
1/8/2013quarterly$0.130.79%1/16/20131/18/20132/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Acuity Brands (NYSE:AYI)
Insider Ownership Percentage: 1.40%
Insider Trades by Quarter for Acuity Brands (NYSE:AYI)
Institutional Ownership by Quarter for Acuity Brands (NYSE:AYI)
Insider Trades by Quarter for Acuity Brands (NYSE:AYI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/14/2017Mark A. BlackEVPSell5,427$205.29$1,114,108.83View SEC Filing  
7/6/2017Peter C BrowningDirectorSell970$200.05$194,048.50View SEC Filing  
2/7/2017Ray M RobinsonDirectorSell1,100$206.19$226,809.00View SEC Filing  
7/11/2016Richard K. ReeceCFOSell33,430$269.07$8,995,010.10View SEC Filing  
7/11/2016Vernon J. NagelCEOSell65,060$268.30$17,455,598.00View SEC Filing  
7/6/2016Mark A. BlackEVPSell2,654$250.27$664,216.58View SEC Filing  
7/1/2016Ray M RobinsonDirectorSell786$248.55$195,360.30View SEC Filing  
4/22/2016Vernon J NagelCEOSell47,995$256.18$12,295,359.10View SEC Filing  
4/20/2016Vernon J NagelCEOSell8,865$259.24$2,298,162.60View SEC Filing  
4/14/2016Peter C BrowningDirectorSell629$256.05$161,055.45View SEC Filing  
4/11/2016Mark A BlackEVPSell2,678$248.16$664,572.48View SEC Filing  
2/5/2016W. Patrick BattleDirectorBuy1,314$189.98$249,633.72View SEC Filing  
11/16/2015Richard K. ReeceCFOSell8,394$217.00$1,821,498.00View SEC Filing  
11/5/2015Richard K. ReeceCFOSell7,780$217.02$1,688,415.60View SEC Filing  
11/5/2015Vernon J. NagelCEOSell71,600$215.19$15,407,604.00View SEC Filing  
11/4/2015Mark A. BlackEVPSell17,173$215.27$3,696,831.71View SEC Filing  
11/4/2015Richard K. ReeceCFOSell6,146$217.00$1,333,682.00View SEC Filing  
7/10/2015Julia B NorthDirectorSell4,441$190.00$843,790.00View SEC Filing  
7/10/2015Vernon J NagelCEOSell80,319$189.42$15,214,024.98View SEC Filing  
7/7/2015Ray M RobinsonDirectorSell1,934$188.90$365,332.60View SEC Filing  
7/6/2015Mark A BlackEVPSell2,667$188.05$501,529.35View SEC Filing  
10/30/2014Mark A BlackEVPSell19,363$136.74$2,647,696.62View SEC Filing  
10/23/2014Vernon J NagelCEOSell89,800$133.36$11,975,728.00View SEC Filing  
10/31/2013Mark A BlackEVPSell21,185$101.17$2,143,286.45View SEC Filing  
10/31/2013Ray M RobinsonDirectorSell1,815$101.34$183,932.10View SEC Filing  
10/28/2013Robert F McculloughDirectorSell1,815$103.07$187,072.05View SEC Filing  
10/23/2013Peter C BrowningDirectorSell1,815$103.77$188,342.55View SEC Filing  
8/12/2013Ray RobinsonDirectorSell1,815$87.72$159,211.80View SEC Filing  
7/18/2013Richard K ReeceCFOSell18,000$85.19$1,533,420.00View SEC Filing  
7/17/2013Vernon J NagelCEOSell100,000$84.89$8,489,000.00View SEC Filing  
4/10/2013Mark A BlackEVPSell2,002$73.80$147,747.60View SEC Filing  
4/9/2013Vernon J NagelCEOSell21,518$73.59$1,583,509.62View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Acuity Brands (NYSE:AYI)
Latest Headlines for Acuity Brands (NYSE:AYI)
Source:
Loading headlines, please wait.

Social

Chart

Acuity Brands (AYI) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.