Analyst Ratings for Acuity Brands Inc. (AYI)

Updated: 2017-07-28

An average rating of Overweight has been given to Acuity Brands Inc. (NYSE:AYI) by analysts covering the stock. A consensus rating of Overweight was previously issued for AYI last month.

16 analysts issued ratings on the stock, where 10 gave AYI a buy rating, 1 issued an overweight rating, 3 gave a hold rating, 0 issued an underweight rating, and 2 issued a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Many analysts weighed in on price targets for AYI. The most optimistic price target was 245, implying potential capital gains of 20.5 percent. The minimum price target given was 150, which equates to a potential downside of -26.22 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 5.8 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 5.84 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 2.93 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.2 percent.

People are often interested in whether analysts were united in the direction of their revisions. 8 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 7 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

AYI has an estimated earnings growth rate of 9.43 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. AYI has a PEG ratio of 3.

In the last 52-weeks, AYI has achieved a high of 280.89 and a low of 157.33. Today's price is 29.23 percent above the 52-week low, and below the high by 27.62 percent. AYI has a price/earnings ratio of 28.32. Investors typically compare the P/E ratio to a company's peers in the industry. The AYI value stock report compares AYI to some of its peers using value stock charts. The market cap of AYI is $8.54 billion. AYI's next earnings release will be on 0000-00-00, which is days away.