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

March 15, 2018 - By Kurt Siggers

 $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 worsened, 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.
Fjarde Ap holds 0.04% of its portfolio in Acuity Brands, Inc. (NYSE:AYI) for 11,005 shares. Thrivent For Lutherans holds 0% or 1,699 shares in its portfolio. Mai Cap Management reported 0.04% of its portfolio in Acuity Brands, Inc. (NYSE:AYI). Jane Street Ltd holds 0% or 2,940 shares. National Bank Of America Corp De accumulated 469,353 shares or 0.01% of the stock. Gateway Advisers Ltd Liability Co holds 0% of its portfolio in Acuity Brands, Inc. (NYSE:AYI) for 3,039 shares. Schwab Charles Mgmt Inc holds 228,620 shares or 0.03% of its portfolio. Bb&T Ltd, Virginia-based fund reported 1,979 shares. Exane Derivatives holds 0.01% or 309 shares. Manufacturers Life Insurance Company The has 41,651 shares. Citadel Ltd Liability stated it has 0.01% in Acuity Brands, Inc. (NYSE:AYI). 2,521 are held by Ls Investment Advisors Ltd Limited Liability Company. Hayek Kallen Mgmt holds 0.14% or 1,180 shares. Fdx Advsr Incorporated holds 4,352 shares. Essex Investment Ltd reported 2,792 shares or 0.06% of all its holdings.

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. Cowen & Co maintained the stock with “Buy” rating in Wednesday, October 4 report. The firm has “Hold” rating given on Tuesday, January 9 by Robert W. Baird. JMP Securities upgraded Acuity Brands, Inc. (NYSE:AYI) on Tuesday, October 3 to “Market Perform” rating. The stock of Acuity Brands, Inc. (NYSE:AYI) has “Hold” rating given on Friday, September 15 by Wells Fargo. Cowen & Co maintained the shares of AYI in report on Friday, September 1 with “Buy” rating. Guggenheim initiated the stock with “Neutral” rating in Tuesday, April 11 report. TH Capital initiated Acuity Brands, Inc. (NYSE:AYI) on Thursday, August 25 with “Neutral” rating. The firm earned “Hold” rating on Thursday, January 11 by Seaport Global. The firm has “Hold” rating given on Tuesday, January 9 by Wells Fargo. The firm has “Sell” rating given on Friday, January 27 by TH Capital.

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: Globenewswire.com which released: “The Klein Law Firm Announces a Class Action Filed on Behalf of Acuity Brands …” on February 20, 2018, also Globenewswire.com with their article: “Acuity Brands, Inc. to Announce Fiscal 2018 Second Quarter Results on April 4 …” published on March 14, 2018, Prnewswire.com 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: Nasdaq.com and their article: “Strategy To YieldBoost Acuity Brands To 20.3% Using Options” published on March 13, 2018 as well as Globenewswire.com‘s news article titled: “Acuity Brands, Inc.: Gozio Health Adds Atrius(TM) IoT Indoor Positioning …” with publication date: February 27, 2018.

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