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

Acuity Brands (NYSE:AYI) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 16.500-18.000 for the period, compared to the consensus estimate of 17.460. The company issued revenue guidance of $4.3 billion-$4.5 billion, compared to the consensus revenue estimate of $4.4 billion.

Acuity Brands Stock Performance

AYI opened at $305.19 on Friday. The company has a 50 day simple moving average of $315.23 and a two-hundred day simple moving average of $280.89. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.72 and a quick ratio of 2.16. The firm has a market cap of $9.42 billion, a P/E ratio of 22.71, a PEG ratio of 2.09 and a beta of 1.40. Acuity Brands has a 1-year low of $217.64 and a 1-year high of $337.99.

Acuity Brands (NYSE:AYI) last issued its earnings results on Wednesday, January 8th. The electronics maker reported $3.97 earnings per share for the quarter, topping the consensus estimate of $3.87 by $0.10. The company had revenue of $951.60 million during the quarter, compared to the consensus estimate of $955.60 million. Acuity Brands had a net margin of 11.00% and a return on equity of 20.49%. Acuity Brands’s quarterly revenue was up 1.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.72 EPS. Equities analysts forecast that Acuity Brands will post 15.51 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Oppenheimer upped their price target on Acuity Brands from $370.00 to $380.00 and gave the stock an “outperform” rating in a research note on Thursday. Morgan Stanley started coverage on shares of Acuity Brands in a research note on Monday, January 6th. They set an “equal weight” rating and a $304.00 target price for the company. Wells Fargo & Company boosted their price target on shares of Acuity Brands from $320.00 to $336.00 and gave the stock an “equal weight” rating in a research note on Thursday. The Goldman Sachs Group raised their price objective on Acuity Brands from $266.00 to $303.00 and gave the company a “neutral” rating in a research report on Wednesday, October 2nd. Finally, William Blair upgraded Acuity Brands from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 2nd. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $328.20.

Insider Activity

In other Acuity Brands news, SVP Barry R. Goldman sold 5,120 shares of the business’s stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $305.00, for a total transaction of $1,561,600.00. Following the sale, the senior vice president now directly owns 8,438 shares of the company’s stock, valued at $2,573,590. The trade was a 37.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 2.80% of the company’s stock.

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.