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

Acuity Brands (NYSE:AYI) updated its FY 2025 earnings guidance on Friday. 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 research firms recently issued reports on AYI. The Goldman Sachs Group upped their price objective on shares of Acuity Brands from $266.00 to $303.00 and gave the stock a “neutral” rating in a report on Wednesday, October 2nd. Wells Fargo & Company raised their price target on Acuity Brands from $320.00 to $336.00 and gave the company an “equal weight” rating in a research report on Thursday. William Blair raised Acuity Brands from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 2nd. StockNews.com downgraded Acuity Brands from a “strong-buy” rating to a “buy” rating in a research note on Friday. Finally, Oppenheimer upped their price target on Acuity Brands from $370.00 to $380.00 and gave the stock an “outperform” rating in a report on Thursday. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Acuity Brands presently has a consensus rating of “Hold” and a consensus price target of $328.20.

Acuity Brands Trading Up 3.0 %

Shares of AYI opened at $312.99 on Friday. The stock’s 50-day moving average price is $315.26 and its 200 day moving average price is $280.14. The company has a quick ratio of 2.16, a current ratio of 2.72 and a debt-to-equity ratio of 0.21. Acuity Brands has a 12-month low of $214.32 and a 12-month high of $337.99. The firm has a market capitalization of $9.66 billion, a price-to-earnings ratio of 23.29, a P/E/G ratio of 2.09 and a beta of 1.40.

Acuity Brands (NYSE:AYI) last released its quarterly earnings data on Wednesday, January 8th. The electronics maker reported $3.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.87 by $0.10. The business had revenue of $951.60 million for the quarter, compared to analysts’ expectations of $955.60 million. Acuity Brands had a return on equity of 20.49% and a net margin of 11.00%. Acuity Brands’s quarterly revenue was up 1.8% on a year-over-year basis. During the same period in the previous year, the business posted $3.72 earnings per share. As a group, research analysts predict that Acuity Brands will post 15.51 earnings per share for the current year.

Insider Activity

In other Acuity Brands news, SVP Barry R. Goldman sold 5,120 shares of the stock in a transaction on Monday, October 28th. The stock was 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 in the company, valued at $2,573,590. This represents a 37.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 2.80% of the company’s stock.

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.