Q1 2025 EPS Estimates for Acuity Brands, Inc. (NYSE:AYI) Decreased by Analyst

Acuity Brands, Inc. (NYSE:AYI - Free Report) - William Blair lowered their Q1 2025 earnings per share estimates for shares of Acuity Brands in a research report issued on Wednesday, September 25th. William Blair analyst R. Merkel now forecasts that the electronics maker will earn $3.66 per share for the quarter, down from their prior estimate of $3.69. The consensus estimate for Acuity Brands' current full-year earnings is $14.26 per share. William Blair also issued estimates for Acuity Brands' Q2 2025 earnings at $3.42 EPS, Q3 2025 earnings at $4.07 EPS, Q4 2025 earnings at $4.31 EPS and FY2025 earnings at $15.45 EPS.

Several other brokerages have also recently weighed in on AYI. Wells Fargo & Company boosted their price objective on Acuity Brands from $260.00 to $289.00 and gave the stock an "equal weight" rating in a report on Tuesday. Robert W. Baird dropped their price target on shares of Acuity Brands from $286.00 to $280.00 and set a "neutral" rating for the company in a research note on Tuesday, June 18th. Finally, StockNews.com cut shares of Acuity Brands from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, August 27th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $286.25.

Acuity Brands Price Performance

Shares of AYI traded up $0.34 during mid-day trading on Friday, hitting $270.08. 345,140 shares of the company traded hands, compared to its average volume of 249,727. The company has a current ratio of 2.77, a quick ratio of 2.15 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $8.31 billion, a price-to-earnings ratio of 21.96, a PEG ratio of 1.77 and a beta of 1.41. The business has a 50-day moving average of $248.15 and a 200 day moving average of $253.00. Acuity Brands has a one year low of $156.84 and a one year high of $275.63.

Acuity Brands (NYSE:AYI - Get Free Report) last released its quarterly earnings results on Thursday, June 27th. The electronics maker reported $4.15 EPS for the quarter, topping analysts' consensus estimates of $3.82 by $0.33. Acuity Brands had a return on equity of 20.97% and a net margin of 10.12%. The business had revenue of $968.10 million for the quarter, compared to analyst estimates of $996.52 million. During the same period in the prior year, the company earned $3.50 EPS. Acuity Brands's revenue for the quarter was down 3.2% on a year-over-year basis.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. New Covenant Trust Company N.A. acquired a new stake in Acuity Brands during the 1st quarter worth approximately $27,000. EdgeRock Capital LLC acquired a new stake in shares of Acuity Brands during the second quarter worth $41,000. Raleigh Capital Management Inc. boosted its position in shares of Acuity Brands by 5,666.7% in the fourth quarter. Raleigh Capital Management Inc. now owns 173 shares of the electronics maker's stock valued at $35,000 after acquiring an additional 170 shares during the period. Assetmark Inc. grew its stake in shares of Acuity Brands by 900.0% in the fourth quarter. Assetmark Inc. now owns 250 shares of the electronics maker's stock valued at $51,000 after acquiring an additional 225 shares in the last quarter. Finally, Versant Capital Management Inc increased its position in Acuity Brands by 4,214.3% during the second quarter. Versant Capital Management Inc now owns 302 shares of the electronics maker's stock worth $73,000 after acquiring an additional 295 shares during the period. Institutional investors and hedge funds own 98.21% of the company's stock.

Acuity Brands Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Shareholders of record on Friday, October 18th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.22%. The ex-dividend date of this dividend is Friday, October 18th. Acuity Brands's dividend payout ratio is 4.88%.

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.