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.

AYI was given price targets by several analysts. The most optimistic analyst gave a price target of 245, implying a possible profit of 20.5 percent. The lowest price target was 150, implying a possible loss of -26.22 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 5.8 percent. That number becomes 5.84 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 2.93 percent. If we look at the last 90 days instead, we find a net average change of 3.2 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 8 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 7 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

The growth rate of AYI's earnings is estimated by analysts to be 9.43 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. AYI has a PEG ratio of 3.

In the trailing 52-weeks, AYI hit 280.89 at the highest peak, while it's lowest trading point was 157.33. Currently the stock is 29.23 percent higher than its low, and 27.62 percent lower than its 52-week high. 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 will post this quarters earnings in days, on 0000-00-00.