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

Acuity Brands (NYSE:AYI - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 16.500-18.000 for the period, compared to the consensus earnings per share estimate of 17.410. The company issued revenue guidance of $4.3 billion-$4.5 billion, compared to the consensus revenue estimate of $4.4 billion.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on AYI shares. Robert W. Baird lowered their price objective on Acuity Brands from $310.00 to $295.00 and set a "neutral" rating for the company in a research report on Friday. StockNews.com downgraded Acuity Brands from a "buy" rating to a "hold" rating in a report on Friday. Oppenheimer increased their price target on Acuity Brands from $370.00 to $380.00 and gave the stock an "outperform" rating in a report on Thursday, January 9th. William Blair upgraded shares of Acuity Brands from a "market perform" rating to an "outperform" rating in a research report on Thursday, January 2nd. Finally, Morgan Stanley set a $335.00 price target on shares of Acuity Brands in a report on Friday. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Acuity Brands has a consensus rating of "Hold" and an average price target of $317.60.

Acuity Brands Stock Performance

Shares of NYSE:AYI traded down $0.23 during midday trading on Tuesday, reaching $227.13. The company had a trading volume of 148,788 shares, compared to its average volume of 287,841. The stock has a market cap of $7.03 billion, a P/E ratio of 16.68, a P/E/G ratio of 1.95 and a beta of 1.43. The company's 50 day moving average price is $292.07 and its 200 day moving average price is $303.96. The company has a current ratio of 2.98, a quick ratio of 2.38 and a debt-to-equity ratio of 0.20. Acuity Brands has a 52-week low of $217.64 and a 52-week high of $345.30.

Acuity Brands (NYSE:AYI - Get Free Report) last posted its quarterly earnings results on Thursday, April 3rd. The electronics maker reported $3.73 earnings per share for the quarter, topping the consensus estimate of $3.67 by $0.06. Acuity Brands had a return on equity of 19.98% and a net margin of 11.11%. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1.03 billion. During the same quarter in the prior year, the company earned $3.38 EPS. The firm's quarterly revenue was up 11.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Acuity Brands will post 15.86 EPS for the current fiscal year.

Acuity Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Friday, April 18th will be given a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 0.30%. The ex-dividend date of this dividend is Thursday, April 17th. Acuity Brands's dividend payout ratio (DPR) is currently 5.16%.

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.