Acuity Brands (NYSE:AYI) Updates FY 2025 Earnings Guidance

Acuity Brands (NYSE:AYI) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided EPS guidance of 16.500-18.000 for the period, compared to the consensus EPS estimate of 17.460. The company issued revenue guidance of $4.3 billion-$4.5 billion, compared to the consensus revenue estimate of $4.4 billion.

Acuity Brands Stock Performance

Shares of AYI opened at $312.99 on Friday. The company has a quick ratio of 2.16, a current ratio of 2.72 and a debt-to-equity ratio of 0.21. Acuity Brands has a 52-week low of $214.32 and a 52-week high of $337.99. The stock has a 50 day moving average price of $315.26 and a 200 day moving average price of $280.14. The company has a market capitalization of $9.66 billion, a price-to-earnings ratio of 23.29, a price-to-earnings-growth ratio of 2.09 and a beta of 1.40.

Acuity Brands (NYSE:AYI) last issued its quarterly earnings data on Wednesday, January 8th. The electronics maker reported $3.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.87 by $0.10. Acuity Brands had a return on equity of 20.49% and a net margin of 11.00%. The company had revenue of $951.60 million for the quarter, compared to analyst estimates of $955.60 million. During the same quarter last year, the company posted $3.72 earnings per share. The business’s quarterly revenue was up 1.8% compared to the same quarter last year. Research analysts predict that Acuity Brands will post 15.51 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently commented on AYI. Robert W. Baird lifted their target price on shares of Acuity Brands from $280.00 to $318.00 and gave the company a “neutral” rating in a report on Wednesday, October 2nd. William Blair upgraded Acuity Brands from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 2nd. Oppenheimer lifted their target price on Acuity Brands from $370.00 to $380.00 and gave the company an “outperform” rating in a research note on Thursday. Wells Fargo & Company lifted their price objective on shares of Acuity Brands from $320.00 to $336.00 and gave the company an “equal weight” rating in a research report on Thursday. Finally, Morgan Stanley initiated coverage on shares of Acuity Brands in a report on Monday. They set an “equal weight” rating and a $304.00 price target for the company. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $328.20.

Insider Transactions at Acuity Brands

In other Acuity Brands news, SVP Barry R. Goldman sold 5,120 shares of the stock in a transaction on Monday, October 28th. The stock was sold at an average price of $305.00, for a total transaction of $1,561,600.00. Following the sale, the senior vice president now owns 8,438 shares in the company, valued at approximately $2,573,590. This represents a 37.76 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.80% of the company’s stock.

Acuity Brands Company Profile

Acuity Brands, Inc provides lighting, lighting controls, building management system, location-aware applications in the United States and internationally. The company operates in two segments, Acuity Brands Lighting and Lighting Controls (ABL); and the Intelligent Spaces Group (ISG). The ABL segment provides commercial, architectural, and specialty lighting solutions, as well as lighting controls and components for various indoor and outdoor applications under the A-Light, Aculux, American Electric Lighting, Cyclone, Dark to Light, eldoLED, Eureka, Gotham, Healthcare Lighting, Holophane, Hydrel, Indy, IOTA, Juno, Lithonia Lighting, Luminaire LED, Luminis, Mark Architectural Lighting, nLight, OPTOTRONIC, Peerless, RELOCWiring Solutions, and Sensor Switch.