Analysts See $2.54 EPS for Acuity Brands, Inc. (AYI)

September 16, 2018 - By Jimmy Baldridge

Acuity Brands, Inc. (NYSE:AYI) LogoInvestors sentiment increased to 1.22 in Q2 2018. Its up 0.12, from 1.1 in 2018Q1. It improved, as 54 investors sold Acuity Brands, Inc. shares while 100 reduced holdings. 70 funds opened positions while 118 raised stakes. 39.90 million shares or 6.35% less from 42.61 million shares in 2018Q1 were reported.
Cibc Asset Mngmt Inc holds 1,990 shares. Us Savings Bank De has 13,174 shares for 0% of their portfolio. Bb&T holds 4,545 shares or 0.01% of its portfolio. Kanawha Ltd reported 5,002 shares stake. Pnc Svcs holds 0% in Acuity Brands, Inc. (NYSE:AYI) or 10,493 shares. National Bank Of America Corporation De stated it has 267,736 shares or 0.01% of all its holdings. Howe And Rusling, a New York-based fund reported 36 shares. Pictet Asset Limited has 21,507 shares. Rafferty Asset Mgmt Llc invested 0.01% in Acuity Brands, Inc. (NYSE:AYI). First City Capital invested in 4,447 shares or 0.37% of the stock. Bronson Point Mgmt Ltd Liability, a Connecticut-based fund reported 61,000 shares. The Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0.01% in Acuity Brands, Inc. (NYSE:AYI). Verition Fund Mgmt Limited Liability Company has invested 0.04% in Acuity Brands, Inc. (NYSE:AYI). Moreover, Logan Capital Mgmt has 0.35% invested in Acuity Brands, Inc. (NYSE:AYI). Trexquant Invest Limited Partnership holds 0.04% or 5,082 shares in its portfolio.

Since May 3, 2018, it had 2 insider purchases, and 0 sales for $713,970 activity. On Tuesday, May 8 DILLARD GEORGE DOUGLAS JR bought $563,800 worth of Acuity Brands, Inc. (NYSE:AYI) or 5,000 shares.

Analysts expect Acuity Brands, Inc. (NYSE:AYI) to report $2.54 EPS on October, 3.They anticipate $0.12 EPS change or 4.96 % from last quarter’s $2.42 EPS. AYI’s profit would be $100.98 million giving it 15.66 P/E if the $2.54 EPS is correct. After having $2.23 EPS previously, Acuity Brands, Inc.’s analysts see 13.90 % EPS growth. The stock increased 0.62% or $0.98 during the last trading session, reaching $159.1. About 841,574 shares traded or 29.19% up from the average. Acuity Brands, Inc. (NYSE:AYI) has declined 15.04% since September 16, 2017 and is downtrending. It has underperformed by 30.66% the S&P500.

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

Among 7 analysts covering Acuity Brands (NYSE:AYI), 3 have Buy rating, 2 Sell and 2 Hold. Therefore 43% are positive. Acuity Brands had 10 analyst reports since March 22, 2018 according to SRatingsIntel. The firm earned “Market Perform” rating on Thursday, March 22 by William Blair. The stock has “Hold” rating by Wells Fargo on Wednesday, March 28. The rating was maintained by Roth Capital with “Sell” on Monday, April 2. The rating was maintained by Cowen & Co with “Buy” on Wednesday, April 4. On Wednesday, September 12 the stock rating was downgraded by Goldman Sachs to “Sell”. The rating was upgraded by JMP Securities to “Market Outperform” on Thursday, April 5. JMP Securities maintained it with “Market Outperform” rating and $154 target in Thursday, July 5 report. On Wednesday, April 4 the stock rating was maintained by Robert W. Baird with “Hold”. Wells Fargo maintained the shares of AYI in report on Thursday, April 5 with “Hold” rating. The rating was upgraded by Robert W. Baird to “Outperform” on Friday, September 7.

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 $6.33 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 19.88 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.

Another recent and important Acuity Brands, Inc. (NYSE:AYI) news was published by which published an article titled: “Top Analyst Upgrades and Downgrades: Alcoa, Chevron, GM, Lam Research, Micron, NXP Semiconductors, Royal …” on September 12, 2018.

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

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