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 highest price target was 245, which equates to a potential upside of 20.5 percent. The minimum price target given was 150, implying potential capital losses of -26.22 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 2.93 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 3.2 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 8 analysts increased their quarterly estimates, 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.

AYI has an estimated earnings growth rate of 9.43 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of AYI is 3.

AYI has traded between a high of 280.89 and a low of 157.33 over the past year. Today's price is 29.23 percent above the 52-week 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 stock has a market capitalization of $8.54 billion. AYI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.