NYSE:AYI

Acuity Brands - AYI Stock Forecast, Price & News

$159.65

+2.18 (+1.38%)

(As of 10/3/2022 12:00 AM ET)

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Today's Range: $158.32
▼
$163.04
50-Day Range: $153.51
▼
$186.80
52-Week Range: $142.71
▼
$224.59

Volume: 429,883 shs
Average Volume: 290,076 shs
Market Capitalization: $5.22 billion

P/E Ratio: 15.38
Dividend Yield: 0.33%
Price Target: $210.57

Acuity Brands MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.71 Rating Score
Upside/Downside: 31.9% Upside
$210.57 Price Target
Short Interest: Bearish
5.48% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -2.05
Upright™ Environmental Score
News Sentiment: 0.18
Based on 16 Articles This Week
Insider Trading: Selling Shares
$838,540 Sold Last Quarter
Proj. Earnings Growth: -1.48%
From $11.47 to $11.30 Per Share

Overall MarketRank^™

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

2.14 out of 5 stars

Construction Sector

72nd out of 106 stocks

Electric Lighting & Wiring Equipment Industry

5th out of 6 stocks

3.4

Analyst's Opinion

Consensus Rating
Acuity Brands has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $210.57, Acuity Brands has a forecasted upside of 31.9% from its current price of $159.65.
Amount of Analyst Coverage
Acuity Brands has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
5.48% of the float of Acuity Brands has been sold short.
Short Interest Ratio / Days to Cover
Acuity Brands has a short interest ratio ("days to cover") of 6.4.
Change versus previous month
Short interest in Acuity Brands has recently increased by 7.27%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Acuity Brands has a dividend yield of 0.33%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Acuity Brands does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Acuity Brands is 5.01%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Acuity Brands will have a dividend payout ratio of 4.60% next year. This indicates that Acuity Brands will be able to sustain or increase its dividend.

1.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Acuity Brands has received a -9.88% net impact score from Upright. The largest negative impact of Acuity Brands in category "GHG emissions" seems to be driven mostly by its "Electronic lamps", "Marina lights", "Street lights", "Light modules", and "Lanterns" products. See details.
Environmental Sustainability
The Environmental Impact score for Acuity Brands is -2.05.

2.3

News and Social Media Coverage

News Sentiment
Acuity Brands has a news sentiment score of 0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 16 news articles for Acuity Brands this week, compared to 3 articles on an average week.
Search Interest
7 people have searched for AYI on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Acuity Brands to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Acuity Brands insiders have sold 735.53% more of their company's stock than they have bought. Specifically, they have bought $100,360.00 in company stock and sold $838,540.00 in company stock.
Percentage Held by Insiders
Only 1.20% of the stock of Acuity Brands is held by insiders.
Percentage Held by Institutions
94.70% of the stock of Acuity Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Acuity Brands are expected to decrease by -1.48% in the coming year, from $11.47 to $11.30 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Acuity Brands is 15.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.59.
Price to Earnings Ratio vs. Sector
The P/E ratio of Acuity Brands is 15.38, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 11.93.
Price to Earnings Growth Ratio
Acuity Brands has a PEG Ratio of 1.39. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Acuity Brands has a P/B Ratio of 2.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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.

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AYI Stock News Headlines

October 3, 2022 | markets.businessinsider.com

Acuity Brands (NYSE:AYI) May Beat Q4 Expectations, Says Analyst

October 2, 2022 | americanbankingnews.com

Acuity Brands, Inc. (NYSE:AYI) Plans Quarterly Dividend of $0.13

September 30, 2022 | finance.yahoo.com

Lots of Reasons to Invest in Acuity Brands (AYI)

September 30, 2022 | finance.yahoo.com

Acuity Brands (AYI) to Report Q4 Earnings: What's in Store?

September 29, 2022 | finance.yahoo.com

Acuity Brands Announces Election of Michael J. Bender to the Board of Directors

September 29, 2022 | finance.yahoo.com

Acuity Brands Declares Quarterly Dividends

September 29, 2022 | nasdaq.com

An Intrinsic Calculation For Acuity Brands, Inc. (NYSE:AYI) Suggests It's 49% Undervalued

September 23, 2022 | markets.businessinsider.com

Analysts Conflicted on These Industrial Goods Names: Acuity Brands (AYI) and Verra Mobility (VRRM)

September 22, 2022 | finance.yahoo.com

Factors to Note Ahead of BlackBerry's (BB) Q2 Earnings Release

September 20, 2022 | finance.yahoo.com

Do Options Traders Know Something About Acuity Brands (AYI) Stock We Don't?

September 20, 2022 | finance.yahoo.com

KB Home (KBH) to Report Q3 Earnings: What's in Store?

September 12, 2022 | finance.yahoo.com

Strength Seen in LSI (LYTS): Can Its 5.1% Jump Turn into More Strength?

September 12, 2022 | finance.yahoo.com

There Are Reasons To Feel Uneasy About Acuity Brands' (NYSE:AYI) Returns On Capital

September 12, 2022 | stocknews.com

1 Stock That Could Help Brighten up Your Portfolio

September 8, 2022 | finance.yahoo.com

Acuity Brands to Announce Fiscal 2022 Fourth Quarter and Full Year Results on October 4, 2022

September 7, 2022 | finance.yahoo.com

Acuity Brands Appoints Philippe Brzusczak as Senior Vice President, Corporate Development and Strategy

September 7, 2022 | stocknews.com

One Home Improvement Stock to Buy and It’s Not Bed Bath & Beyond

September 1, 2022 | morningstar.com

Acuity Brands Inc AYI Stock Quote

September 1, 2022 | stocknews.com

Is Bath & Body Works a Good Buy Right Now?

August 29, 2022 | finance.yahoo.com

Acuity Brands (AYI) Outpaces Industry: Innovation Drive Growth

August 28, 2022 | seekingalpha.com

Acuity Brands: Light At The End Of The Tunnel

August 24, 2022 | seekingalpha.com

Acuity Brands Looks Attractive At Current Levels

August 23, 2022 | stocknews.com

1 Home Improvement Stock to Avoid This Summer, and 3 to Buy

August 22, 2022 | stocknews.com

Is Meme Stock Rally Over for Bed Bath & Beyond?

August 19, 2022 | stocknews.com

3 Mid-Cap Stocks to Buy for Impressive Returns This Year

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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AYI Company Calendar

Last Earnings: 1/07/2022
Ex-Dividend for 8/1 Dividend: 7/14/2022
Dividend Payable: 8/01/2022
Today: 10/03/2022
Next Earnings (Confirmed): 10/04/2022
Ex-Dividend for 11/1 Dividend: 10/14/2022
Dividend Payable: 11/01/2022
Fiscal Year End: 8/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Electric lighting & wiring equipment
Sub-Industry: Electrical Components & Equipment
Sector: Construction
Current Symbol: NYSE:AYI
CUSIP: 00508Y10
CIK: 1144215
Web: www.acuitybrands.com
Phone: (404) 853-1400
Fax: 404-853-1430
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: +31.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.71
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $10.38
Trailing P/E Ratio: 15.38
Forward P/E Ratio: 13.92
P/E Growth: 1.39
Net Income: $306.30 million
Net Margins: 9.43%
Pretax Margin: 12.10%
Return on Equity: 19.77%
Return on Assets: 11.12%

Debt

Debt-to-Equity Ratio: 0.26
Current Ratio: 1.86
Quick Ratio: 1.19

Sales & Book Value

Annual Sales: $3.46 billion
Price / Sales: 1.51
Cash Flow: $12.68 per share
Price / Cash Flow: 12.59
Book Value: $57.26 per share
Price / Book: 2.79

Miscellaneous

Outstanding Shares: 32,713,000
Free Float: 32,320,000
Market Cap: $5.22 billion
Optionable: Optionable
Beta: 1.51

Social Links

Key Executives

Mr. Neil M. Ashe (Age 54)
Chairman, Pres & CEO
Comp: $2.68M

Ms. Karen J. Holcom (Age 53)
Sr. VP & CFO
Comp: $1.22M

Mr. Barry R. Goldman (Age 55)
Sr. VP & Gen. Counsel
Comp: $893.71k

Ms. Dianne S. Mills (Age 61)
Sr. VP & Chief HR Officer
Comp: $926.69k

Mr. Tyler H. Moon
Sr. VP & COO

Ms. Charlotte McLaughlin
VP of Investor Relations

Ms. Candace Steele Flippin
Sr. VP & Chief Communications Officer

Mr. Pete Shannin
VP of Corp. Devel.

Mr. Philippe Brzusczak
Sr. VP of Corp. Devel. & Strategy

Mr. C. Dan Smith Jr. (Age 57)
Sr. VP & Treasurer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 year. 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 12-month price targets for Acuity Brands' shares. Their AYI share price forecasts range from $181.00 to $244.00. On average, they expect the company's share price to reach $210.57 in the next twelve months. This suggests a possible upside of 31.0% 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 beginning of 2022. Since then, AYI shares have decreased by 24.1% and is now trading at $160.80.
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 Tuesday, October 4th 2022.
View our AYI earnings forecast.
How can I listen to Acuity Brands' earnings call?: Acuity Brands will be holding an earnings conference call on Tuesday, October 4th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Acuity Brands' earnings last quarter?: Acuity Brands, Inc. (NYSE:AYI) announced its quarterly earnings data on Friday, January, 7th. The electronics maker reported $2.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.41 by $0.44. The electronics maker had revenue of $926.10 million for the quarter, compared to analysts' expectations of $879.24 million. Acuity Brands had a net margin of 9.43% and a trailing twelve-month return on equity of 19.77%. The firm's revenue for the quarter was up 18.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.87 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 Thursday, September 29th. Investors 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 annualized dividend and a yield of 0.32%. The ex-dividend date is Friday, October 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 0.33%. 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.
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."
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 $160.80.
How much money does Acuity Brands make?: Acuity Brands (NYSE:AYI) has a market capitalization of $5.26 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.
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 10/3/2022 by MarketBeat.com Staff

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Acuity Brands - AYI Stock Forecast, Price & News

Acuity Brands MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows