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

Acuity Brands (NYSE:AYI) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 16.500-18.000 for the period, compared to the consensus EPS estimate of 17.410. The company issued revenue guidance of $4.3 billion-$4.5 billion, compared to the consensus revenue estimate of $4.4 billion.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on AYI. Robert W. Baird decreased their price target on shares of Acuity Brands from $310.00 to $295.00 and set a “neutral” rating for the company in a research note on Friday. Wells Fargo & Company decreased their target price on shares of Acuity Brands from $290.00 to $275.00 and set an “equal weight” rating for the company in a research note on Friday. Morgan Stanley upgraded Acuity Brands from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $304.00 to $370.00 in a research report on Tuesday, January 14th. StockNews.com cut Acuity Brands from a “buy” rating to a “hold” rating in a research report on Friday. Finally, William Blair raised Acuity Brands from a “market perform” rating to an “outperform” rating in a report on Thursday, January 2nd. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, Acuity Brands currently has an average rating of “Hold” and a consensus target price of $324.60.

Acuity Brands Trading Down 9.4 %

Shares of AYI opened at $233.15 on Friday. The firm’s 50-day moving average is $294.09 and its two-hundred day moving average is $303.75. Acuity Brands has a twelve month low of $217.64 and a twelve month high of $345.30. The company has a current ratio of 2.98, a quick ratio of 2.38 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $7.22 billion, a P/E ratio of 17.17, a PEG ratio of 1.95 and a beta of 1.41.

Acuity Brands (NYSE:AYI) last announced its quarterly earnings results on Thursday, April 3rd. The electronics maker reported $3.73 earnings per share for the quarter, beating analysts’ consensus estimates of $3.67 by $0.06. Acuity Brands had a return on equity of 19.98% and a net margin of 11.11%. The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $1.03 billion. During the same quarter last year, the business posted $3.38 earnings per share. The business’s revenue for the quarter was up 11.1% on a year-over-year basis. On average, research analysts predict that Acuity Brands will post 15.86 earnings per share for the current fiscal year.

Acuity Brands Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Friday, April 18th will be issued a $0.17 dividend. The ex-dividend date is Thursday, April 17th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.29%. Acuity Brands’s dividend payout ratio (DPR) is 5.01%.

About Acuity Brands

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.