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 maximum price target given was 245, implying potential capital gains 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. Meanwhile, fiscal year estimates have been revised upwards by 2.93 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.2 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 8 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. 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. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of AYI is 3.

AYI has a 52-week high of 280.89 and a 52-week low of 157.33. The current market price is above the trailing year's low by 29.23 percent, and 27.62 percent lower than its 52-week high. AYI has a P/E 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.