Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Acuity Brands Inc Market Cap
The Acuity Brands Inc (AYI) share price is expected to increase by 2.05% over the next year. This is based on calculating the average 12-month share price estimate provided by 8 stock analysts who have covered AYI. Price targets range from $303 at the low end to $370 at the high end. The current analyst consensus for AYI is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 8 Wall Street analysts have assignedAYI 2 buy ratings, 6 hold ratings, and 0 sell ratings. This means that analysts expect Acuity Brands Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on AYI. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of AYI.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Joseph O'Dea Wells Fargo | Equal-Weight | $305 | Maintains | Oct 2, 2024 |
| Christopher Glynn Oppenheimer | Outperform | $370 | Maintains | Oct 2, 2024 |
| Timothy Wojs Baird | Neutral | $318 | Maintains | Oct 2, 2024 |
| Brian Lee Goldman Sachs | Neutral | $303 | Maintains | Oct 2, 2024 |
| Joseph O'Dea Wells Fargo | Equal-Weight | $289 | Maintains | Sep 24, 2024 |
| Joseph O'Dea Wells Fargo | Equal-Weight | $260 | Downgrade | Jun 28, 2024 |
| Timothy Wojs Baird | Neutral | $280 | Maintains | Jun 18, 2024 |
| Brian Lee Goldman Sachs | Neutral | $261 | Maintains | Apr 4, 2024 |
| Christopher Glynn Oppenheimer | Outperform | $315 | Maintains | Apr 4, 2024 |
| Joseph O'Dea Wells Fargo | Overweight | $295 | Maintains | Apr 4, 2024 |
| Timothy Wojs Baird | Neutral | $286 | Maintains | Mar 26, 2024 |
| Joseph O'Dea Wells Fargo | Overweight | $236 | Maintains | Dec 19, 2023 |
| Timothy Wojs Baird | Neutral | $170 | Maintains | Sep 21, 2023 |
| Timothy Wojs Baird | Neutral | $175 | Reiterates | Jun 30, 2023 |
| Christopher Glynn Oppenheimer | Outperform | $210 | Reiterates | Apr 11, 2023 |
| Joseph O'Dea Wells Fargo | Overweight | $180 | Maintains | Apr 10, 2023 |
| Timothy Wojs Baird | Neutral | $175 | Maintains | Apr 5, 2023 |
| Joseph O'Dea Wells Fargo | Overweight | $180 | Maintains | Apr 5, 2023 |
| Brian Lee Goldman Sachs | Neutral | $173 | Maintains | Apr 5, 2023 |
| Joe O'Dea Wells Fargo | Overweight | $193 | Maintains | Jan 5, 2023 |
When did it IPO
2001
Staff Count
13,200
Country
United States
Sector/Industry
Industrials/Electrical Equipment & Parts
CEO
Mr. Neil M. Ashe
Market Cap
$10.02B
In 2023, AYI generated $3.95B in revenue, which was a decrease of -1.35% from the previous year. This can be seen as a signal that AYI's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 04 Dec 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Acuity Brands will announce its Fiscal 2025 First-Quarter Results on January 9, 2025.
Why It Matters - Acuity Brands' upcoming Q1 results could impact stock performance, affecting investor sentiment and forecasts for the company's fiscal health and growth trajectory.
Tue, 03 Dec 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Construction spending increased in October 2024, driven by positive sentiment regarding potential Federal Reserve rate cuts and a decline in inflation.
Why It Matters - Increased construction spending signals economic growth, potentially boosting related sectors. Optimism about rate cuts and easing inflation can lead to higher investor confidence and market stability.
Thu, 31 Oct 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Acuity Brands (AYI) recently reported earnings, prompting investor interest in potential future stock movements.
Why It Matters - Acuity Brands' recent earnings report may influence stock performance and investor sentiment, impacting future growth expectations and potential investment decisions.
Thu, 24 Oct 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - The company is expanding its Intelligent Spaces market by developing a cloud-manageable audio, video, and control platform, targeting a wide range of applications.
Why It Matters - Expansion into cloud-manageable audio, video, and control platforms signals growth potential and diversification, likely enhancing revenue streams and attracting investor interest in tech sectors.
Thu, 24 Oct 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Acuity has acquired QSC, LLC, expanding its portfolio into cloud-manageable audio, video, and control systems, focusing on smarter and greener technology solutions.
Why It Matters - Acuity's acquisition of QSC, LLC signals expansion into cloud-managed technologies, potentially increasing market share and revenue in a growing sector, impacting investor confidence and stock performance.
Mon, 14 Oct 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Zacks Style Scores help investors identify top-rated stocks aligned with their investment style, providing a tool for informed decision-making.
Why It Matters - Zacks Style Scores can help identify high-potential stocks tailored to specific investment strategies, enhancing portfolio performance and decision-making efficiency.
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