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

Acuity Brands (NYSE:AYI) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 16.500-18.000 for the period, compared to the consensus estimate of 17.410. The company issued revenue guidance of $4.3 billion-$4.5 billion, compared to the consensus revenue estimate of $4.4 billion.

Acuity Brands Price Performance

Shares of NYSE AYI traded down $13.61 during trading on Thursday, hitting $252.79. The company had a trading volume of 301,280 shares, compared to its average volume of 336,690. The firm has a market capitalization of $7.83 billion, a price-to-earnings ratio of 18.61, a price-to-earnings-growth ratio of 1.95 and a beta of 1.41. The stock has a fifty day simple moving average of $297.70 and a two-hundred day simple moving average of $304.27. The company has a quick ratio of 2.38, a current ratio of 2.98 and a debt-to-equity ratio of 0.20. Acuity Brands has a fifty-two week low of $217.64 and a fifty-two week high of $345.30.

Acuity Brands (NYSE:AYI) last posted its quarterly earnings data on Thursday, April 3rd. The electronics maker reported $3.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.67 by $0.06. Acuity Brands had a return on equity of 19.98% and a net margin of 11.11%. The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1.03 billion. During the same period in the previous year, the firm posted $3.38 EPS. Acuity Brands’s revenue was up 11.1% compared to the same quarter last year. On average, research analysts expect that Acuity Brands will post 15.86 earnings per share for the current year.

Acuity Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 1st. Investors of record on Friday, April 18th will be paid a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 0.27%. The ex-dividend date is Thursday, April 17th. Acuity Brands’s dividend payout ratio is currently 5.01%.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. StockNews.com cut shares of Acuity Brands from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 1st. Oppenheimer boosted their price target on shares of Acuity Brands from $370.00 to $380.00 and gave the stock an “outperform” rating in a research report on Thursday, January 9th. Robert W. Baird cut their price objective on shares of Acuity Brands from $340.00 to $310.00 and set a “neutral” rating for the company in a report on Thursday, March 27th. Wells Fargo & Company lowered their target price on Acuity Brands from $336.00 to $290.00 and set an “equal weight” rating on the stock in a report on Friday, March 28th. Finally, William Blair upgraded Acuity Brands from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 2nd. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $330.60.

Acuity Brands Company Profile

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.