Acuity Brands, Inc. (AYI)
NYSE: AYI · IEX Real-Time Price · USD
247.06
+0.20 (0.08%)
Apr 19, 2024, 4:00 PM EDT - Market closed
Acuity Brands Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Acuity Brands stock have an average target of 289.25, with a low estimate of 261 and a high estimate of 315. The average target predicts an increase of 17.08% from the current stock price of 247.06.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Acuity Brands stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 4 | 3 | 3 | 3 | 2 | 2 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 5 | 5 | 5 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $227 → $261 | Hold | Maintains | $227 → $261 | +5.64% | Apr 4, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $250 → $315 | Buy | Maintains | $250 → $315 | +27.50% | Apr 4, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $260 → $295 | Buy | Maintains | $260 → $295 | +19.40% | Apr 4, 2024 |
| Baird | Baird | Hold Maintains $236 → $286 | Hold | Maintains | $236 → $286 | +15.76% | Mar 26, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $200 → $236 | Buy | Maintains | $200 → $236 | -4.48% | Dec 19, 2023 |
Financial Forecast
Revenue This Year
3.92B
from 3.95B
Decreased by -0.74%
Revenue Next Year
4.08B
from 3.92B
Increased by 4.10%
EPS This Year
15.54
from 10.76
Increased by 44.45%
EPS Next Year
16.53
from 15.54
Increased by 6.36%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.2B | 4.4B | 4.5B |
| Avg | 3.9B | 4.1B | 4.2B |
| Low | 3.7B | 3.7B | 3.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.3% | 12.5% | 9.0% |
| Avg | -0.7% | 4.1% | 2.4% |
| Low | -6.3% | -5.3% | -6.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.34 | 19.58 | 18.90 |
| Avg | 15.54 | 16.53 | 16.87 |
| Low | 14.45 | 14.30 | 15.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 61.1% | 26.0% | 14.3% |
| Avg | 44.4% | 6.4% | 2.1% |
| Low | 34.2% | -8.0% | -7.7% |
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.