Acuity Brands, Inc. (AYI)
NYSE: AYI · IEX Real-Time Price · USD
254.43
-2.89 (-1.12%)
At close: Jul 19, 2024, 4:00 PM
254.55
+0.12 (0.05%)
After-hours: Jul 20, 2024, 12:58 PM EDT
Acuity Brands Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Acuity Brands stock have an average target of 279, with a low estimate of 260 and a high estimate of 315. The average target predicts an increase of 9.66% from the current stock price of 254.43.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Acuity Brands stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 3 | 2 | 2 | 2 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy → Hold Downgrades $295 → $260 | Buy → Hold | Downgrades | $295 → $260 | +2.19% | Jun 28, 2024 |
| Baird | Baird | Hold Maintains $286 → $280 | Hold | Maintains | $286 → $280 | +10.05% | Jun 18, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $227 → $261 | Hold | Maintains | $227 → $261 | +2.58% | Apr 4, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $250 → $315 | Buy | Maintains | $250 → $315 | +23.81% | Apr 4, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $260 → $295 | Buy | Maintains | $260 → $295 | +15.95% | Apr 4, 2024 |
Financial Forecast
Revenue This Year
3.94B
from 3.95B
Decreased by -0.28%
Revenue Next Year
4.11B
from 3.94B
Increased by 4.36%
EPS This Year
15.64
from 10.76
Increased by 45.40%
EPS Next Year
16.77
from 15.64
Increased by 7.18%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.2B | 4.4B | 4.5B |
| Avg | 3.9B | 4.1B | 4.2B |
| Low | 3.8B | 3.9B | 4.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.3% | 12.0% | 8.3% |
| Avg | -0.3% | 4.4% | 2.7% |
| Low | -4.4% | -0.7% | -2.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.34 | 19.58 | 18.90 |
| Avg | 15.64 | 16.77 | 17.25 |
| Low | 14.88 | 15.53 | 16.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 61.1% | 25.2% | 12.7% |
| Avg | 45.4% | 7.2% | 2.9% |
| Low | 38.3% | -0.7% | -4.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.