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

Acuity Brands (NYSE:AYI) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share guidance of 16.500-18.000 for the period, compared to the consensus earnings per share 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 NYSE AYI opened at $312.99 on Friday. Acuity Brands has a 1 year low of $214.32 and a 1 year high of $337.99. The firm has a market cap of $9.66 billion, a P/E ratio of 23.29, a PEG ratio of 2.09 and a beta of 1.40. The stock has a fifty day moving average price of $315.26 and a two-hundred day moving average price of $280.14. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.16 and a current ratio of 2.72.

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

Wall Street Analyst Weigh In

Several research firms have recently weighed in on AYI. Morgan Stanley assumed coverage on Acuity Brands in a research note on Monday. They set an “equal weight” rating and a $304.00 price objective for the company. Robert W. Baird increased their price target on Acuity Brands from $280.00 to $318.00 and gave the company a “neutral” rating in a research report on Wednesday, October 2nd. Wells Fargo & Company lifted their price target on Acuity Brands from $320.00 to $336.00 and gave the stock an “equal weight” rating in a research note on Thursday. Oppenheimer upped their price objective on shares of Acuity Brands from $370.00 to $380.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, StockNews.com downgraded shares of Acuity Brands from a “strong-buy” rating to a “buy” rating in a research report on Friday. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $328.20.

Insiders Place Their Bets

In other news, SVP Barry R. Goldman sold 5,120 shares of the company’s stock in a transaction on Monday, October 28th. The shares were sold at an average price of $305.00, for a total value of $1,561,600.00. Following the transaction, the senior vice president now directly owns 8,438 shares of the company’s stock, valued at approximately $2,573,590. This represents a 37.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, 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.