$2.06 EPS Expected for Acuity Brands, Inc. (AYI)

March 14, 2018 - By Darrin Black

 $2.06 EPS Expected for Acuity Brands, Inc. (AYI)
Investors sentiment decreased to 0.84 in Q3 2017. Its down 0.01, from 0.85 in 2017Q2. It is negative, as 40 investors sold Acuity Brands, Inc. shares while 132 reduced holdings. 38 funds opened positions while 106 raised stakes. 41.52 million shares or 6.20% less from 44.26 million shares in 2017Q2 were reported.
Sector Pension Invest Board has invested 0% in Acuity Brands, Inc. (NYSE:AYI). Prudential Fincl Inc accumulated 63,076 shares. 4.16 million were reported by Vanguard Group Inc Inc. Meiji Yasuda Asset Limited accumulated 1,985 shares or 0.03% of the stock. Retirement Sys Of Alabama has 126,222 shares. Lakeview Capital Prtn Ltd Llc invested in 1,506 shares. Northwestern Mutual Wealth accumulated 21 shares or 0% of the stock. Verition Fund Llc invested in 2,349 shares or 0.03% of the stock. Gamco Invsts Et Al has 7,062 shares for 0.01% of their portfolio. Ameritas Invest Incorporated has invested 0.01% in Acuity Brands, Inc. (NYSE:AYI). Bnp Paribas Asset Mngmt invested 0.05% in Acuity Brands, Inc. (NYSE:AYI). Commonwealth Bank Of holds 0% in Acuity Brands, Inc. (NYSE:AYI) or 562 shares. Hsbc Hldg Public Limited reported 20,937 shares. Eaton Vance Management has 32,830 shares for 0.01% of their portfolio. Creative Planning reported 0% in Acuity Brands, Inc. (NYSE:AYI).

Analysts expect Acuity Brands, Inc. (NYSE:AYI) to report $2.06 EPS on April, 3.They anticipate $0.41 EPS change or 24.85 % from last quarter’s $1.65 EPS. AYI’s profit would be $86.00M giving it 18.34 P/E if the $2.06 EPS is correct. After having $1.81 EPS previously, Acuity Brands, Inc.’s analysts see 13.81 % EPS growth. The stock increased 0.19% or $0.28 during the last trading session, reaching $151.09. About 329,368 shares traded. Acuity Brands, Inc. (NYSE:AYI) has declined 31.18% since March 14, 2017 and is downtrending. It has underperformed by 47.88% the S&P500.

Acuity Brands, Inc. (NYSE:AYI) Ratings Coverage

Among 21 analysts covering Acuity Brands Inc. (NYSE:AYI), 10 have Buy rating, 2 Sell and 9 Hold. Therefore 48% are positive. Acuity Brands Inc. had 59 analyst reports since August 21, 2015 according to SRatingsIntel. The rating was initiated by Roth Capital on Thursday, August 25 with “Neutral”. The rating was initiated by Williams Capital Group with “Buy” on Friday, September 30. Piper Jaffray maintained Acuity Brands, Inc. (NYSE:AYI) on Monday, November 23 with “Overweight” rating. The firm has “Hold” rating by Wells Fargo given on Friday, September 15. The stock of Acuity Brands, Inc. (NYSE:AYI) has “Sell” rating given on Friday, January 27 by Roth Capital. The stock of Acuity Brands, Inc. (NYSE:AYI) has “Neutral” rating given on Wednesday, April 5 by Goldman Sachs. Canaccord Genuity maintained Acuity Brands, Inc. (NYSE:AYI) on Wednesday, April 5 with “Buy” rating. Stifel Nicolaus maintained it with “Buy” rating and $250 target in Monday, January 11 report. Canaccord Genuity maintained the shares of AYI in report on Wednesday, January 10 with “Buy” rating. On Tuesday, June 27 the stock rating was maintained by Roth Capital with “Sell”.

Acuity Brands, Inc. designs, produces, and distributes various lighting solutions and services for commercial, institutional, industrial, infrastructure, and residential applications in North America and internationally. The company has market cap of $6.31 billion. The firm offers lighting and controls products and solutions, including recessed, surface, and suspended lighting; down, decorative, emergency and exit, track, daylighting, special-us, street and roadway, parking garage, and underwater lighting; area pedestrian, flood, and decorative site lighting; landscape lighting; occupancy sensors; photo controls; relay panels; architectural dimming panels; and integrated lighting controls systems. It has a 20.77 P/E ratio. It also provides modular wiring products, light emitting diode drivers, glass products, and inverters; and services across applications that primarily relate to monitoring and controlling lighting systems through network technologies and the commissioning of control systems.

More notable recent Acuity Brands, Inc. (NYSE:AYI) news were published by: Globenewswire.com which released: “Lucid to join Acuity Brands” on February 12, 2018, also Globenewswire.com with their article: “Acuity Brands, Inc.: Gozio Health Adds Atrius(TM) IoT Indoor Positioning …” published on February 27, 2018, Businesswire.com published: “EXPANDED CLASS: Levi & Korsinsky, LLP Reminds Acuity Brands, Inc. Shareholders …” on February 22, 2018. More interesting news about Acuity Brands, Inc. (NYSE:AYI) were released by: Globenewswire.com and their article: “The Klein Law Firm Announces a Class Action Filed on Behalf of Acuity Brands …” published on February 20, 2018 as well as Prnewswire.com‘s news article titled: “ACUITY BRANDS NOTICE: Rosen Law Firm Announces Filing of Securities Class …” with publication date: February 13, 2018.

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