Acuity Brands, Inc. (AYI) Analysts See $2.06 EPS

March 15, 2018 - By Richard Conner

 Acuity Brands, Inc. (AYI) Analysts See $2.06 EPS
Investors sentiment decreased to 0.84 in Q3 2017. Its down 0.01, from 0.85 in 2017Q2. It turned negative, as 40 investors sold Acuity Brands, Inc. shares while 132 reduced holdings. 38 funds opened positions while 106 raised stakes. 41.52 million shares or 6.20% less from 44.26 million shares in 2017Q2 were reported.
Agf Investments America reported 11,993 shares. Bnp Paribas Asset Mgmt Holdings Sa owns 37,721 shares for 0.05% of their portfolio. Balyasny Asset Mngmt Ltd Liability Corporation accumulated 0% or 4,701 shares. Moreover, Jacobus Wealth has 0.05% invested in Acuity Brands, Inc. (NYSE:AYI) for 1,120 shares. Moreover, Renaissance Ltd has 0.01% invested in Acuity Brands, Inc. (NYSE:AYI) for 60,700 shares. Liberty Mutual Grp Asset Management Inc stated it has 0.02% in Acuity Brands, Inc. (NYSE:AYI). 392,358 are owned by Financial Bank Of New York Mellon. American Grp Inc Inc reported 13,276 shares stake. Logan Capital Management invested in 0.84% or 68,423 shares. Moreover, State Of Wisconsin Investment Board has 0.06% invested in Acuity Brands, Inc. (NYSE:AYI). Strs Ohio holds 0% or 619 shares. Creative Planning stated it has 3,145 shares. Koch Inc holds 1,620 shares. Rosenblum Silverman Sutton S F Inc Ca holds 7,050 shares. Commonwealth Of Pennsylvania School Empls Retrmt holds 3,800 shares or 0.01% of its portfolio.

Analysts expect Acuity Brands, Inc. (NYSE:AYI) to report $2.06 EPS on April, 3.They anticipate $0.41 EPS change or 24.85 % from last quarter’s $1.65 EPS. AYI’s profit would be $86.01 million giving it 18.20 P/E if the $2.06 EPS is correct. After having $1.81 EPS previously, Acuity Brands, Inc.’s analysts see 13.81 % EPS growth. The stock increased 0.75% or $1.11 during the last trading session, reaching $149.98. About 307,511 shares traded. Acuity Brands, Inc. (NYSE:AYI) has declined 31.18% since March 15, 2017 and is downtrending. It has underperformed by 47.88% the S&P500.

Acuity Brands, Inc. (NYSE:AYI) Ratings Coverage

Among 21 analysts covering Acuity Brands Inc. (NYSE:AYI), 10 have Buy rating, 2 Sell and 9 Hold. Therefore 48% are positive. Acuity Brands Inc. had 59 analyst reports since August 21, 2015 according to SRatingsIntel. The stock of Acuity Brands, Inc. (NYSE:AYI) earned “Buy” rating by Cowen & Co on Friday, September 22. The stock of Acuity Brands, Inc. (NYSE:AYI) earned “Hold” rating by Wells Fargo on Friday, September 15. The firm has “Buy” rating by Canaccord Genuity given on Sunday, June 25. Seaport Global downgraded Acuity Brands, Inc. (NYSE:AYI) on Thursday, January 11 to “Hold” rating. As per Tuesday, January 9, the company rating was maintained by Wells Fargo. The rating was upgraded by CLSA on Tuesday, January 10 to “Buy”. The rating was maintained by Roth Capital on Thursday, November 9 with “Sell”. Robert W. Baird maintained Acuity Brands, Inc. (NYSE:AYI) on Tuesday, September 5 with “Buy” rating. Robert W. Baird downgraded Acuity Brands, Inc. (NYSE:AYI) on Tuesday, September 19 to “Neutral” rating. The stock of Acuity Brands, Inc. (NYSE:AYI) earned “Outperform” rating by Wells Fargo on Monday, October 31.

Acuity Brands, Inc. designs, produces, and distributes various lighting solutions and services for commercial, institutional, industrial, infrastructure, and residential applications in North America and internationally. The company has market cap of $6.26 billion. The firm offers lighting and controls products and solutions, including recessed, surface, and suspended lighting; down, decorative, emergency and exit, track, daylighting, special-us, street and roadway, parking garage, and underwater lighting; area pedestrian, flood, and decorative site lighting; landscape lighting; occupancy sensors; photo controls; relay panels; architectural dimming panels; and integrated lighting controls systems. It has a 20.62 P/E ratio. It also provides modular wiring products, light emitting diode drivers, glass products, and inverters; and services across applications that primarily relate to monitoring and controlling lighting systems through network technologies and the commissioning of control systems.

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