Acuity Brands (NYSE:AYI) Issues FY 2025 Earnings Guidance

Acuity Brands (NYSE:AYI) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided EPS guidance of 16.500-18.000 for the period, compared to the consensus EPS estimate of 17.460. The company issued revenue guidance of $4.3 billion-$4.5 billion, compared to the consensus revenue estimate of $4.4 billion.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on AYI. Oppenheimer boosted their target price on shares of Acuity Brands from $370.00 to $380.00 and gave the company an “outperform” rating in a research report on Thursday. Wells Fargo & Company boosted their target price on shares of Acuity Brands from $320.00 to $336.00 and gave the company an “equal weight” rating in a research report on Thursday. Robert W. Baird boosted their target price on shares of Acuity Brands from $280.00 to $318.00 and gave the company a “neutral” rating in a research report on Wednesday, October 2nd. The Goldman Sachs Group boosted their target price on shares of Acuity Brands from $266.00 to $303.00 and gave the company a “neutral” rating in a research report on Wednesday, October 2nd. Finally, William Blair upgraded shares of Acuity Brands from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 2nd. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $328.20.

Acuity Brands Trading Down 2.7 %

AYI stock opened at $305.19 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.72 and a quick ratio of 2.16. Acuity Brands has a 12 month low of $217.64 and a 12 month high of $337.99. The firm’s 50-day moving average is $315.23 and its 200 day moving average is $280.59. The company has a market capitalization of $9.42 billion, a PE ratio of 22.71, a P/E/G ratio of 2.09 and a beta of 1.40.

Acuity Brands (NYSE:AYI) last issued its earnings results on Wednesday, January 8th. The electronics maker reported $3.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.87 by $0.10. Acuity Brands had a net margin of 11.00% and a return on equity of 20.49%. The company had revenue of $951.60 million for the quarter, compared to analysts’ expectations of $955.60 million. During the same period in the prior year, the business earned $3.72 EPS. The firm’s quarterly revenue was up 1.8% on a year-over-year basis. On average, research analysts anticipate that Acuity Brands will post 15.51 EPS for the current year.

Insider Activity at Acuity Brands

In other news, SVP Barry R. Goldman sold 5,120 shares of Acuity Brands stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $305.00, for a total transaction of $1,561,600.00. Following the completion of the transaction, the senior vice president now directly owns 8,438 shares of the company’s stock, valued at $2,573,590. The trade was a 37.76 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.80% of the stock is currently owned by insiders.

About Acuity Brands

Acuity Brands, Inc provides lighting, lighting controls, building management system, location-aware applications in the United States and internationally. The company operates in 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 A-Light, Aculux, American Electric Lighting, Cyclone, Dark to Light, eldoLED, Eureka, Gotham, Healthcare Lighting, Holophane, Hydrel, Indy, IOTA, Juno, Lithonia Lighting, Luminaire LED, Luminis, Mark Architectural Lighting, nLight, OPTOTRONIC, Peerless, RELOCWiring Solutions, and Sensor Switch.