Acuity Brands, Inc. (AYI) Analysts See $1.99 EPS

December 8, 2017 - By Richard Conner

 Acuity Brands, Inc. (AYI) Analysts See $1.99 EPS
Investors sentiment decreased to 0.85 in 2017 Q2. Its down 0.06, from 0.91 in 2017Q1. It dropped, as 61 investors sold Acuity Brands, Inc. shares while 138 reduced holdings. 48 funds opened positions while 121 raised stakes. 44.26 million shares or 0.54% more from 44.02 million shares in 2017Q1 were reported.
Citigroup has 0% invested in Acuity Brands, Inc. (NYSE:AYI) for 23,199 shares. Howard Hughes Medical Institute stated it has 1,246 shares or 0.05% of all its holdings. Prudential Fincl reported 61,762 shares. Boston Private Wealth Limited Liability Company holds 0.04% or 4,924 shares. Nomura Holdg Inc accumulated 3,380 shares or 0% of the stock. Mason Street Advsrs Limited Liability holds 6,121 shares or 0.03% of its portfolio. Generation Inv Mngmt Llp holds 6.98% or 3.37 million shares in its portfolio. 27,091 were accumulated by Voya Investment Limited Company. Schwab Charles Inv Mgmt Inc holds 165,196 shares or 0.03% of its portfolio. Moreover, Cwm Ltd has 0% invested in Acuity Brands, Inc. (NYSE:AYI). Copper Rock Prtnrs holds 0.02% in Acuity Brands, Inc. (NYSE:AYI) or 1,389 shares. Westpac stated it has 0% in Acuity Brands, Inc. (NYSE:AYI). Tocqueville Asset Mngmt Lp reported 0.01% stake. Keybank Association Oh holds 3,147 shares or 0% of its portfolio. Standard Life Invests Ltd, a United Kingdom-based fund reported 1.79 million shares.

Analysts expect Acuity Brands, Inc. (NYSE:AYI) to report $1.99 EPS on January, 8.They anticipate $0.11 EPS change or 5.85 % from last quarter’s $1.88 EPS. AYI’s profit would be $83.09 million giving it 20.77 P/E if the $1.99 EPS is correct. After having $2.42 EPS previously, Acuity Brands, Inc.’s analysts see -17.77 % EPS growth. The stock increased 0.79% or $1.3 during the last trading session, reaching $165.35. About 610,230 shares traded. Acuity Brands, Inc. (NYSE:AYI) has declined 31.18% since December 8, 2016 and is downtrending. It has underperformed by 47.88% the S&P500.

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

Among 20 analysts covering Acuity Brands Inc. (NYSE:AYI), 11 have Buy rating, 2 Sell and 7 Hold. Therefore 55% are positive. Acuity Brands Inc. had 51 analyst reports since August 21, 2015 according to SRatingsIntel. Cowen & Co maintained Acuity Brands, Inc. (NYSE:AYI) rating on Friday, September 1. Cowen & Co has “Buy” rating and $226.0 target. The stock has “Neutral” rating by Roth Capital on Thursday, August 25. As per Tuesday, September 5, the company rating was maintained by Robert W. Baird. The company was upgraded on Tuesday, January 10 by CLSA. Oppenheimer maintained Acuity Brands, Inc. (NYSE:AYI) on Thursday, August 24 with “Buy” rating. The firm has “Sell” rating given on Tuesday, June 27 by Roth Capital. Canaccord Genuity maintained Acuity Brands, Inc. (NYSE:AYI) rating on Monday, November 30. Canaccord Genuity has “Buy” rating and $268 target. The stock has “Buy” rating by Canaccord Genuity on Wednesday, August 16. The stock of Acuity Brands, Inc. (NYSE:AYI) earned “Buy” rating by Canaccord Genuity on Friday, September 23. The stock has “Market Perform” rating by JMP Securities on Tuesday, October 3.

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 $6.90 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 22.25 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 recent Acuity Brands, Inc. (NYSE:AYI) news were published by: Streetinsider.com which released: “Acuity Brands (AYI) Mentioned Cautiously by Short-Focused Research Firm” on December 06, 2017. Also Reuters.com published the news titled: “BRIEF-Acuity Brands CEO Vernon Nagel’s 2017 total compensation was $7.7 million” on November 21, 2017. Prnewswire.com‘s news article titled: “Technical Perspectives on MicroVision, Silicon Motion Technology, Amphenol …” with publication date: December 07, 2017 was also an interesting one.

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