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.

A number of analysts gave price targets for AYI. The most optimistic price target was 245, implying a possible profit of 20.5 percent. The most pessimistic analyst gave a price target of 150, implying potential capital losses 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.

Analysts have revised their earnings estimates upwards for this quarter, by about 5.8 percent on average, compared to last month. The average change in earnings estimates over the last 90 days 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. If we look at the last 90 days instead, we find a net average change of 3.2 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 8 analysts made positive revisions to their quarterly estimates over the past month, 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. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, 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.

In the trailing 52-weeks, AYI hit 280.89 at the highest peak, while it's lowest trading point was 157.33. 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 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 stock has a market capitalization of $8.54 billion. AYI's next earnings release will be on 0000-00-00, which is days away.