Acuity Brands, Inc. (AYI) Analysts See $2.06 EPS

March 15, 2018 - By Adrian Erickson

 Acuity Brands, Inc. (AYI) Analysts See $2.06 EPS
Investors sentiment decreased to 0.84 in 2017 Q3. 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.
Agf Invs America accumulated 11,993 shares. Metropolitan Life Ins Com holds 0.02% or 21,148 shares. Virtus Advisers reported 1,070 shares. Stevens Mgmt Lp accumulated 34,447 shares or 0.22% of the stock. State Teachers Retirement Sys invested 0.03% in Acuity Brands, Inc. (NYSE:AYI). Millennium Management Lc reported 180,422 shares. Commonwealth National Bank Of holds 562 shares. Old Mutual Customised Solutions (Proprietary) Limited reported 0.03% of its portfolio in Acuity Brands, Inc. (NYSE:AYI). Chevy Chase Trust holds 0.03% of its portfolio in Acuity Brands, Inc. (NYSE:AYI) for 36,712 shares. Clearbridge Invests Lc holds 345,173 shares or 0.06% of its portfolio. Macquarie Grp reported 54,476 shares stake. New York-based Bamco New York has invested 0.49% in Acuity Brands, Inc. (NYSE:AYI). 392,358 are held by Bank Of Ny Mellon. Teachers Retirement Sys Of The State Of Kentucky has 5,200 shares. Hartford Inv holds 9,057 shares.

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 $86.01M giving it 18.07 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 decreased 1.47% or $2.22 during the last trading session, reaching $148.87. About 239,996 shares traded. Acuity Brands, Inc. (NYSE:AYI) has declined 31.18% since March 15, 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 company was maintained on Sunday, June 25 by Canaccord Genuity. The rating was downgraded by CLSA on Thursday, April 7 to “Outperform”. The rating was maintained by Cowen & Co on Friday, September 22 with “Buy”. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, August 16. The rating was downgraded by Robert W. Baird to “Neutral” on Tuesday, September 19. The rating was maintained by Oppenheimer with “Buy” on Thursday, August 24. Credit Agricole initiated it with “Buy” rating and $240 target in Thursday, February 25 report. On Monday, April 3 the stock rating was maintained by Roth Capital with “Sell”. TH Capital initiated it with “Neutral” rating and $275 target in Thursday, August 25 report. The firm has “Hold” rating by Wells Fargo given on Tuesday, January 9.

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 $6.22 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 20.47 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: which released: “Acuity Brands, Inc. to Announce Fiscal 2018 Second Quarter Results on April 4 …” on March 14, 2018, also with their article: “The Klein Law Firm Announces a Class Action Filed on Behalf of Acuity Brands …” published on February 20, 2018, published: “ACUITY BRANDS NOTICE: Rosen Law Firm Announces Filing of Securities Class …” on February 13, 2018. More interesting news about Acuity Brands, Inc. (NYSE:AYI) were released by: and their article: “Strategy To YieldBoost Acuity Brands To 20.3% Using Options” published on March 13, 2018 as well as‘s news article titled: “Acuity Brands, Inc.: Gozio Health Adds Atrius(TM) IoT Indoor Positioning …” with publication date: February 27, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.