Acuity Brands (NYSE:AYI) Releases FY 2025 Earnings Guidance

Acuity Brands (NYSE:AYI) updated its FY 2025 earnings guidance on Friday. The company provided EPS guidance of 16.000-17.500 for the period, compared to the consensus EPS estimate of 16.750. The company issued revenue guidance of $3.9 billion-$4.1 billion, compared to the consensus revenue estimate of $4.0 billion.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on AYI. The Goldman Sachs Group boosted their price objective on shares of Acuity Brands from $266.00 to $303.00 and gave the stock a neutral rating in a report on Wednesday. Oppenheimer upped their price target on shares of Acuity Brands from $315.00 to $370.00 and gave the company an outperform rating in a research report on Wednesday. StockNews.com downgraded Acuity Brands from a strong-buy rating to a buy rating in a research report on Tuesday, August 27th. Robert W. Baird raised their target price on shares of Acuity Brands from $280.00 to $318.00 and gave the stock a neutral rating in a report on Wednesday. Finally, Wells Fargo & Company upped their price target on shares of Acuity Brands from $289.00 to $305.00 and gave the company an equal weight rating in a report on Wednesday. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of Hold and a consensus price target of $324.00.

Acuity Brands Stock Performance

Shares of Acuity Brands stock opened at $306.83 on Friday. Acuity Brands has a 12 month low of $156.84 and a 12 month high of $307.24. The company has a current ratio of 2.77, a quick ratio of 2.15 and a debt-to-equity ratio of 0.22. The business has a fifty day simple moving average of $252.99 and a two-hundred day simple moving average of $254.33. The firm has a market capitalization of $9.44 billion, a P/E ratio of 24.95, a P/E/G ratio of 1.77 and a beta of 1.41.

Acuity Brands (NYSE:AYI) last issued its earnings results on Tuesday, October 1st. The electronics maker reported $4.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.90 by $0.40. Acuity Brands had a net margin of 10.12% and a return on equity of 20.97%. The firm had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter in the prior year, the firm posted $3.74 earnings per share. The business’s revenue was up 2.2% on a year-over-year basis. On average, equities analysts forecast that Acuity Brands will post 14.26 earnings per share for the current fiscal year.

Acuity Brands Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Stockholders of record on Friday, October 18th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.20%. The ex-dividend date is Friday, October 18th. Acuity Brands’s payout ratio is presently 4.88%.

About Acuity Brands

Acuity Brands, Inc provides lighting, lighting controls, building management system, location-aware applications in the United States and internationally. The company operates in two segments, Acuity Brands Lighting and Lighting Controls (ABL); and the Intelligent Spaces Group (ISG). The ABL segment provides commercial, architectural, and specialty lighting solutions, as well as lighting controls and components for various indoor and outdoor applications under the A-Light, Aculux, American Electric Lighting, Cyclone, Dark to Light, eldoLED, Eureka, Gotham, Healthcare Lighting, Holophane, Hydrel, Indy, IOTA, Juno, Lithonia Lighting, Luminaire LED, Luminis, Mark Architectural Lighting, nLight, OPTOTRONIC, Peerless, RELOCWiring Solutions, and Sensor Switch.