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

December 8, 2017 - By Richard Conner

 Acuity Brands, Inc. (AYI) EPS Estimated At $1.99
Investors sentiment decreased to 0.85 in Q2 2017. Its down 0.06, from 0.91 in 2017Q1. It is negative, 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.
Stevens Limited Partnership stated it has 8,698 shares. Kornitzer Ks holds 0.49% in Acuity Brands, Inc. (NYSE:AYI) or 137,443 shares. Apg Asset Mgmt Nv holds 25,523 shares or 0.01% of its portfolio. Raymond James & Assoc reported 22,426 shares. Barclays Pcl reported 0.01% of its portfolio in Acuity Brands, Inc. (NYSE:AYI). Winslow Evans & Crocker accumulated 0% or 64 shares. Guardian Life Of America reported 0% stake. Ledyard Commercial Bank reported 166 shares. Envestnet Asset Management Inc holds 0.01% of its portfolio in Acuity Brands, Inc. (NYSE:AYI) for 21,144 shares. Brown Advisory Securities Limited Liability holds 0.07% or 1,505 shares in its portfolio. Qs Ltd accumulated 588 shares or 0% of the stock. Wilbanks Smith & Thomas Asset Llc stated it has 0.11% of its portfolio in Acuity Brands, Inc. (NYSE:AYI). Moreover, Essex Invest Communications Lc has 0.08% invested in Acuity Brands, Inc. (NYSE:AYI). Financial Bank Of Ny Mellon Corporation accumulated 391,562 shares. M&T Comml Bank Corp accumulated 6,130 shares or 0.01% of the stock.

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 $83.09 million giving it 20.77 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 increased 0.79% or $1.3 during the last trading session, reaching $165.35. About 610,230 shares traded. Acuity Brands, Inc. (NYSE:AYI) has declined 31.18% since December 8, 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 stock has “Buy” rating by Cowen & Co on Friday, September 22. Roth Capital maintained Acuity Brands, Inc. (NYSE:AYI) rating on Monday, April 3. Roth Capital has “Sell” rating and $150 target. The rating was maintained by Cowen & Co with “Buy” on Wednesday, October 4. On Thursday, August 24 the stock rating was maintained by Oppenheimer with “Buy”. Seaport Global initiated it with “Buy” rating and $290 target in Friday, November 4 report. The stock of Acuity Brands, Inc. (NYSE:AYI) earned “Buy” rating by CLSA on Tuesday, January 10. The firm earned “Buy” rating on Thursday, October 6 by Canaccord Genuity. The rating was downgraded by Goldman Sachs to “Neutral” on Wednesday, April 5. The rating was initiated by Credit Agricole on Thursday, February 25 with “Buy”. The stock of Acuity Brands, Inc. (NYSE:AYI) earned “Outperform” rating by CLSA on Thursday, April 7.

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 $6.90 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 22.25 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: Reuters.com which released: “BRIEF-Acuity Brands CEO Vernon Nagel’s 2017 total compensation was $7.7 million” on November 21, 2017. Also Prnewswire.com published the news titled: “Technical Perspectives on MicroVision, Silicon Motion Technology, Amphenol …” on December 07, 2017. Streetinsider.com‘s news article titled: “Acuity Brands (AYI) Mentioned Cautiously by Short-Focused Research Firm” with publication date: December 06, 2017 was also an interesting one.

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