NYSE:AYIAcuity Brands Stock Price, Forecast & News

$86.09

-2.77 (-3.12 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$85.36

Now: $86.09▼

$87.66

50-Day Range

$74.49

MA: $84.44▼

$94.31

52-Week Range

$67.46

Now: $86.09▼

$143.55

Volume98,893 shs

Average Volume489,465 shs

Market Capitalization$3.41 billion

P/E Ratio11.45

Dividend Yield0.55%

Beta1.38

Acuity Brands, Inc. provides lighting and building management solutions and services for commercial, institutional, industrial, infrastructure, and residential applications in North America and internationally. The company offers lighting and control products and solutions, including recessed, surface, and suspended lighting; down, decorative, emergency and exit, track, day, special-use, street and roadway, parking garage, underwater, area pedestrian, flood, decorative site, and landscape lighting; occupancy sensors; photo controls; relay panels; architectural dimming panels; and integrated lighting controls systems. It also provides light emitting diode drivers, power supplies, modular wiring, sensors, glass, and inverters, as well as services across applications that primarily relate to monitoring and controlling lighting systems through network technologies and the commissioning of control systems. The company markets its products under the Lithonia Lighting, Holophane, Peerless, Gotham, Mark Architectural Lighting, Winona Lighting, Juno, Indy, Aculux, Healthcare Lighting, Hydrel, American Electric Lighting, Antique Street Lamps, Sunoptics, eldoLED, Distech Controls, nLight, ROAM, Sensor Switch, Power Sentry, IOTA, and Atrius brands. It serves electrical distributors, retail home improvement centers, electric utilities, national accounts, system integrators, utility distributors, value-added resellers, digital retailers, government entities and municipalities, lighting showrooms, developers, original equipment manufacturers, and energy service companies, as well as the new construction, renovation, and maintenance and repair markets. The company sells its products through independent sales agents, electrical distributors, system integrators, and sales representatives, as well as through a network of distribution centers, regional warehouses, and commercial warehouses. Acuity Brands, Inc. was founded in 2001 and is headquartered in Atlanta, Georgia.

Beat the Market (BTM) Rank^™

3.2 Analyst's Opinion

Consensus Rating
Acuity Brands has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 4 buy ratings, 3 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $111.14, Acuity Brands has a potential upside of 29.1% from its current price of $86.09.
Amount of Analyst Coverage
Acuity Brands has only been the subject of 3 research reports in the past 90 days.

2.6 Community Rank

Outperform Votes
Acuity Brands has received 635 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Acuity Brands has received 577 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Acuity Brands has received 52.39% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Acuity Brands and other stocks. Vote “Outperform” if you believe AYI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AYI will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Acuity Brands is a leading dividend payer. It pays a dividend yield of 0.55%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Acuity Brands does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Acuity Brands is 5.78 %. 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 7.14 % next year. This indicates that Acuity Brands will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Acuity Brands insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.80% of the stock of Acuity Brands is held by insiders.
Percentage Held by Institutions
92.10% of the stock of Acuity Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Acuity Brands are expected to grow by 11.49% in the coming year, from $6.53 to $7.28 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Acuity Brands is 11.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.40.
Price to Earnings Ratio vs. Sector
The P/E ratio of Acuity Brands is 11.45, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 36.79.
Price to Earnings Growth Ratio
Acuity Brands has a PEG Ratio of 1.44. 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 1.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.40 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Electric lighting & wiring equipment

Sub-IndustryElectrical Components & Equipment

SectorConstruction

Current SymbolNYSE:AYI

Previous Symbol

CUSIP00508Y10

CIK1144215

Webwww.acuitybrands.com

Phone404-853-1400

Debt

Debt-to-Equity Ratio0.21

Current Ratio2.29

Quick Ratio1.68

Price-To-Earnings

Trailing P/E Ratio11.45

Forward P/E Ratio13.18

P/E Growth1.44

Sales & Book Value

Annual Sales$3.67 billion

Price / Sales0.93

Cash Flow$10.22 per share

Price / Cash Flow8.42

Book Value$48.09 per share

Price / Book1.79

Profitability

EPS (Most Recent Fiscal Year)$9.00

Net Income$330.40 million

Net Margins8.43%

Return on Equity17.18%

Return on Assets10.36%

Miscellaneous

Employees12,000

Outstanding Shares39,620,000

Market Cap$3.41 billion

Next Earnings Date7/7/2020 (Estimated)

OptionableOptionable

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Acuity Brands (NYSE:AYI) Frequently Asked Questions

How has Acuity Brands' stock been impacted by COVID-19 (Coronavirus)?

Acuity Brands' stock was trading at $97.43 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, AYI stock has decreased by 11.6% and is now trading at $86.09. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Acuity Brands?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Acuity Brands in the last year. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Acuity Brands.

When is Acuity Brands' next earnings date?

Acuity Brands is scheduled to release its next quarterly earnings announcement on Tuesday, July 7th 2020. View our earnings forecast for Acuity Brands.

How were Acuity Brands' earnings last quarter?

Acuity Brands, Inc. (NYSE:AYI) released its quarterly earnings data on Thursday, April, 2nd. The electronics maker reported $1.84 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.90 by $0.06. The electronics maker earned $842.20 million during the quarter, compared to analysts' expectations of $805.18 million. Acuity Brands had a net margin of 8.43% and a return on equity of 17.18%. The company's quarterly revenue was down 1.4% on a year-over-year basis. During the same quarter last year, the company earned $1.99 earnings per share. View Acuity Brands' earnings history.

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

Acuity Brands declared a quarterly dividend on Monday, March 30th. Stockholders of record on Friday, April 17th will be given a dividend of $0.13 per share on Friday, May 1st. This represents a $0.52 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date of this dividend is Thursday, April 16th. View Acuity Brands' dividend history.

What price target have analysts set for AYI?

8 brokerages have issued 12 month price objectives for Acuity Brands' stock. Their forecasts range from $50.00 to $150.00. On average, they anticipate Acuity Brands' share price to reach $111.14 in the next year. This suggests a possible upside of 29.1% from the stock's current price. View analysts' price targets for Acuity Brands.

Has Acuity Brands been receiving favorable news coverage?

Media coverage about AYI stock has trended somewhat positive on Friday, according to InfoTrie. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Acuity Brands earned a media sentiment score of 0.7 on InfoTrie's scale. They also gave news stories about the electronics maker a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near term. View the latest news aboutAcuity Brands.

Are investors shorting Acuity Brands?

Acuity Brands saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,880,000 shares, an increase of 27.0% from the April 30th total of 1,480,000 shares. Based on an average daily volume of 452,900 shares, the days-to-cover ratio is currently 4.2 days. Approximately 4.8% of the company's shares are short sold. View Acuity Brands' Current Options Chain.

Who are some of Acuity Brands' key competitors?

Some companies that are related to Acuity Brands include Roper Technologies (ROP), Emerson Electric (EMR), Eaton (ETN), Rockwell Automation (ROK), AMETEK (AME), Generac (GNRC), Enphase Energy (ENPH), II-VI (IIVI), Regal Beloit (RBC), Brady (BRC), EnerSys (ENS), Vicor (VICR), Franklin Electric (FELE), Belden (BDC) and Encore Wire (WIRE). View all competitors.

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), Alibaba Group (BABA), Coca-Cola (KO), Netflix (NFLX), IBM (IBM), Broadcom (AVGO), Boeing (BA), Amgen (AMGN), Chipotle Mexican Grill (CMG) and Skyworks Solutions (SWKS).

Who are Acuity Brands' key executives?

Acuity Brands' management team includes the following people:

Mr. Vernon J. Nagel, Chairman, CEO & Pres (Age 62)
Mr. Richard K. Reece, CFO & Exec. VP (Age 63)
Mr. Laurent J. Vernerey, Exec. VP (Age 59)
Mr. C. Dan Smith Jr., Sr. VP, Treasurer & Sec. (Age 54)
Mr. Barry R. Goldman, Sr. VP & Gen. Counsel of Acuity Brands Lighting

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 institutional and retail investors. Top institutional investors include BlackRock Inc. (10.46%), Atlanta Capital Management Co. L L C (4.09%), JPMorgan Chase & Co. (4.08%), State Street Corp (3.53%), AQR Capital Management LLC (2.12%) and International Value Advisers LLC (1.67%). Company insiders that own Acuity Brands stock include Ray M Robinson and Robert F Mccullough. View institutional ownership trends for Acuity Brands.

Which institutional investors are selling Acuity Brands stock?

AYI stock was sold by a variety of institutional investors in the last quarter, including International Value Advisers LLC, BlackRock Inc., Strs Ohio, APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., AQR Capital Management LLC, and Riverbridge Partners LLC. Company insiders that have sold Acuity Brands company stock in the last year include Ray M Robinson, and Robert F Mccullough. View insider buying and selling activity for Acuity Brands.

Which institutional investors are buying Acuity Brands stock?

AYI stock was acquired by a variety of institutional investors in the last quarter, including Paradice Investment Management LLC, Paradice Investment Management LLC, Lord Abbett & CO. LLC, JPMorgan Chase & Co., Lodge Hill Capital LLC, MERIAN GLOBAL INVESTORS UK Ltd, Alberta Investment Management Corp, and Aviva PLC. View insider buying and selling activity for Acuity Brands.

How do I buy shares of Acuity Brands?

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

What is Acuity Brands' stock price today?

One share of AYI stock can currently be purchased for approximately $86.09.

How big of a company is Acuity Brands?

Acuity Brands has a market capitalization of $3.41 billion and generates $3.67 billion in revenue each year. The electronics maker earns $330.40 million in net income (profit) each year or $9.00 on an earnings per share basis. Acuity Brands employs 12,000 workers across the globe.

What is Acuity Brands' official website?

The official website for Acuity Brands is www.acuitybrands.com.

How can I contact Acuity Brands?

Acuity Brands' mailing address is 1170 PEACHTREE STREET NE SUITE 2300, ATLANTA GA, 30309. The electronics maker can be reached via phone at 404-853-1400 or via email at [email protected]

This page was last updated on 5/29/2020 by MarketBeat.com Staff