Acuity Brands, Inc. (AYI) Analysts See $2.30 EPS

September 17, 2017 - By Adrian Mccoy

 Acuity Brands, Inc. (AYI) Analysts See $2.30 EPS
Investors sentiment increased to 1.12 in Q4 2016. Its up 0.20, from 0.92 in 2016Q3. It increased, as 50 investors sold Acuity Brands, Inc. shares while 145 reduced holdings. 63 funds opened positions while 155 raised stakes. 40.78 million shares or 4.08% more from 39.19 million shares in 2016Q3 were reported.
Sumitomo Mitsui Asset Com Limited has 0.01% invested in Acuity Brands, Inc. (NYSE:AYI) for 3,264 shares. Bright Rock Mgmt Ltd Llc stated it has 0.43% of its portfolio in Acuity Brands, Inc. (NYSE:AYI). Davis R M Incorporated has invested 1.6% in Acuity Brands, Inc. (NYSE:AYI). Swiss Commercial Bank accumulated 121,400 shares or 0.04% of the stock. National Bank Of America Corp De holds 0.02% or 374,624 shares. Northwestern Mutual Wealth accumulated 304 shares. 2,291 are held by Spot Trading Ltd Llc. Mason Street Advisors Ltd Liability Company stated it has 0.04% in Acuity Brands, Inc. (NYSE:AYI). Employees Retirement Systems Of Texas owns 21,800 shares. Lathrop Management holds 4.62% of its portfolio in Acuity Brands, Inc. (NYSE:AYI) for 66,478 shares. Guggenheim Capital Ltd accumulated 190,474 shares or 0.13% of the stock. Sumitomo Mitsui Hldgs Inc reported 145,799 shares or 0.05% of all its holdings. Atria Invs Ltd Liability Com owns 1,436 shares for 0.03% of their portfolio. Tygh Cap stated it has 0.69% in Acuity Brands, Inc. (NYSE:AYI). Columbia L L C Inv Mgmt, a Maryland-based fund reported 12,538 shares.

Investors wait Acuity Brands, Inc. (NYSE:AYI) to report on October, 4. its quarterly earnings Wall Street analysts expect $2.30 EPS, up $0.21 or 10.05 % from last year’s $2.09 same quarter earnings. This translates into $96.86 million profit for AYI giving the stock a 18.53 P/E. This is assuming the current $2.30 EPS is accurate. Acuity Brands, Inc.’s Wall Street analysts see 13.30 % EPS growth, taking into account the $2.03 EPS reproted in the previous quarter, The stock decreased 4.21% or $7.5 on September 15, reaching $170.5. About 1.66M shares traded or 274.35% up from the average. Acuity Brands, Inc. (NYSE:AYI) has declined 31.18% since September 17, 2016 and is downtrending. It has underperformed by 47.88% the S&P500.

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

Among 19 analysts covering Acuity Brands Inc. (NYSE:AYI), 12 have Buy rating, 3 Sell and 4 Hold. Therefore 63% are positive. Acuity Brands Inc. had 45 analyst reports since August 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, January 10 by CLSA. On Monday, January 11 the stock rating was maintained by Canaccord Genuity with “Buy”. Seaport Global initiated Acuity Brands, Inc. (NYSE:AYI) rating on Friday, November 4. Seaport Global has “Buy” rating and $290 target. The rating was upgraded by Wells Fargo on Monday, October 31 to “Outperform”. Oppenheimer maintained Acuity Brands, Inc. (NYSE:AYI) rating on Thursday, April 7. Oppenheimer has “Outperform” rating and $295 target. The firm has “Neutral” rating given on Wednesday, April 5 by Goldman Sachs. The firm earned “Sell” rating on Friday, January 27 by Roth Capital. The rating was downgraded by Wells Fargo on Friday, September 15 to “Hold”. The firm earned “Buy” rating on Friday, September 23 by Canaccord Genuity. Canaccord Genuity maintained the shares of AYI in report on Wednesday, April 5 with “Buy” rating.

Acuity Brands, Inc. is a provider of lighting solutions for commercial, institutional, industrial, infrastructure and residential applications throughout North America and other international markets. The company has market cap of $7.18 billion. The Firm operates through North American segment. It has a 23.8 P/E ratio. The Firm offers a portfolio of indoor and outdoor lighting and building management solutions for commercial, institutional, industrial, infrastructure and residential applications.

More notable recent Acuity Brands, Inc. (NYSE:AYI) news were published by: Globenewswire.com which released: “Acuity Brands, Inc. Offers News Street Lighting Network Solution Using SSN …” on September 11, 2017, also Nasdaq.com with their article: “Acuity Brands Becomes Oversold (AYI)” published on September 15, 2017, Nasdaq.com published: “Acuity Brands is Now Oversold (AYI)” on August 23, 2017. More interesting news about Acuity Brands, Inc. (NYSE:AYI) were released by: Zacks.com and their article: “Acuity Brands Lighting Teams Up With Silver Spring Networks” published on September 12, 2017 as well as Fool.com‘s news article titled: “Why Shares of Acuity Brands, Inc. Popped 14% Today” with publication date: June 29, 2017.

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.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: