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 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 Down 2.7 %

Shares of NYSE:AYI opened at $305.19 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.72 and a quick ratio of 2.16. The firm has a market capitalization of $9.42 billion, a PE ratio of 22.71, a price-to-earnings-growth ratio of 2.09 and a beta of 1.40. The firm’s 50-day moving average is $315.23 and its two-hundred day moving average is $280.59. Acuity Brands has a 1 year low of $217.64 and a 1 year high of $337.99.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. The Goldman Sachs Group raised their target price on shares of Acuity Brands from $266.00 to $303.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. Oppenheimer raised their target price on shares of Acuity Brands from $370.00 to $380.00 and gave the stock an “outperform” rating in a research report on Thursday. Robert W. Baird raised their target price on shares of Acuity Brands from $280.00 to $318.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. Morgan Stanley assumed coverage on shares of Acuity Brands in a research report on Monday, January 6th. They set an “equal weight” rating and a $304.00 target price on the stock. Finally, Wells Fargo & Company raised their target price on shares of Acuity Brands from $320.00 to $336.00 and gave the stock an “equal weight” rating in a research report on Thursday. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, Acuity Brands presently has a consensus rating of “Hold” and a consensus price target of $328.20.

Insider Buying and Selling at Acuity Brands

In other news, SVP Barry R. Goldman sold 5,120 shares of the business’s stock in a transaction dated 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 completion of the sale, the senior vice president now owns 8,438 shares in the company, valued at approximately $2,573,590. The trade was a 37.76 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.80% of the stock is owned by company insiders.

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.