Acuity Brands, Inc. (AYI) EPS Estimated At $1.99

December 14, 2017 - By Michael Collier

 Acuity Brands, Inc. (AYI) EPS Estimated At $1.99
Investors sentiment decreased to 0.85 in 2017 Q2. Its down 0.06, from 0.91 in 2017Q1. It fall, as 61 investors sold Acuity Brands, Inc. shares while 138 reduced holdings. 48 funds opened positions while 121 raised stakes. 44.26 million shares or 0.54% more from 44.02 million shares in 2017Q1 were reported.
Cap Fincl Advisers Limited Liability Company invested 0.07% of its portfolio in Acuity Brands, Inc. (NYSE:AYI). Brown Advisory Securities Ltd Liability Corporation reported 1,505 shares stake. Guardian Life Of America invested in 0% or 99 shares. Prudential Fin Inc stated it has 61,762 shares. Riverhead Cap Mgmt has invested 0.02% in Acuity Brands, Inc. (NYSE:AYI). 1,506 were accumulated by Lakeview Prtnrs Limited Liability Corp. Jane Street Group Limited Liability Company has 11,085 shares. Da Davidson And reported 915 shares. Moreover, Asset Mgmt Incorporated has 0.03% invested in Acuity Brands, Inc. (NYSE:AYI). New York State Common Retirement Fund accumulated 478,142 shares or 0.13% of the stock. Aqr Mngmt Ltd Llc accumulated 0.01% or 31,579 shares. Principal Finance Gru Inc holds 65,568 shares. Independent Portfolio Consultants has invested 0.09% in Acuity Brands, Inc. (NYSE:AYI). Etrade Cap Mgmt Limited Liability has invested 0.01% of its portfolio in Acuity Brands, Inc. (NYSE:AYI). Cornerstone Mgmt Holdings Ltd Company has invested 0.01% in Acuity Brands, Inc. (NYSE:AYI).

Analysts expect Acuity Brands, Inc. (NYSE:AYI) to report $1.99 EPS on January, 8.They anticipate $0.11 EPS change or 5.85 % from last quarter’s $1.88 EPS. AYI’s profit would be $83.09M giving it 21.04 P/E if the $1.99 EPS is correct. After having $2.42 EPS previously, Acuity Brands, Inc.’s analysts see -17.77 % EPS growth. The stock decreased 3.90% or $6.79 during the last trading session, reaching $167.44. About 1.37M shares traded or 107.47% up from the average. Acuity Brands, Inc. (NYSE:AYI) has declined 31.18% since December 14, 2016 and is downtrending. It has underperformed by 47.88% the S&P500.

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

Among 20 analysts covering Acuity Brands Inc. (NYSE:AYI), 11 have Buy rating, 2 Sell and 7 Hold. Therefore 55% are positive. Acuity Brands Inc. had 51 analyst reports since August 21, 2015 according to SRatingsIntel. The rating was initiated by JMP Securities on Thursday, December 8 with “Mkt Underperform”. The firm has “Outperform” rating given on Thursday, April 7 by Oppenheimer. On Monday, January 11 the stock rating was maintained by Canaccord Genuity with “Buy”. Canaccord Genuity maintained Acuity Brands, Inc. (NYSE:AYI) on Monday, November 30 with “Buy” rating. Roth Capital maintained the stock with “Sell” rating in Tuesday, June 27 report. Cowen & Co maintained Acuity Brands, Inc. (NYSE:AYI) on Wednesday, October 4 with “Buy” rating. Canaccord Genuity maintained Acuity Brands, Inc. (NYSE:AYI) rating on Sunday, June 25. Canaccord Genuity has “Buy” rating and $20900 target. On Friday, September 15 the stock rating was downgraded by Wells Fargo to “Hold”. Goldman Sachs downgraded Acuity Brands, Inc. (NYSE:AYI) on Wednesday, April 5 to “Neutral” rating. The firm earned “Neutral” rating on Tuesday, April 11 by Guggenheim.

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 $6.99 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 22.54 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.

More recent Acuity Brands, Inc. (NYSE:AYI) news were published by: Prnewswire.com which released: “Technical Perspectives on MicroVision, Silicon Motion Technology, Amphenol …” on December 07, 2017. Also Twst.com published the news titled: “Acuity Brands Inc.: Acuity Brands, Inc. To Announce Fiscal 2018 First Quarter …” on December 08, 2017. Reuters.com‘s news article titled: “BRIEF-Acuity Brands CEO Vernon Nagel’s 2017 total compensation was $7.7 million” with publication date: November 21, 2017 was also an interesting one.

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