Acuity Brands (AYI) Stock Forecast, Price Target & Predictions
AYI Stock Forecast
Acuity Brands stock forecast is as follows: an average price target of $318.33 (represents a 0.44% upside from AYI’s last price of $316.95) and a rating consensus of 'Hold', based on 11 wall street analysts offering a 1-year stock forecast.
AYI Price Target
The average price target for Acuity Brands (AYI) is $318.33 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $370.00 to $280.00. This represents a potential 0.44% upside from AYI's last price of $316.95.
AYI Analyst Ratings
According to 11 Wall Street analysts, Acuity Brands's rating consensus is 'Hold'. The analyst rating breakdown for AYI stock is 0 'Strong Buy' (0.00%), 5 'Buy' (45.45%), 6 'Hold' (54.55%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Acuity Brands Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 02, 2024 | Joseph O'Dea | Wells Fargo | $305.00 | $299.35 | 1.89% | -3.77% |
| Oct 01, 2024 | Christopher Glynn | Oppenheimer | $370.00 | $299.35 | 23.60% | 16.74% |
| Sep 24, 2024 | Joseph O'Dea | Wells Fargo | $289.00 | $271.70 | 6.37% | -8.82% |
| Jun 28, 2024 | Joseph O'Dea | Wells Fargo | $260.00 | $242.51 | 7.21% | -17.97% |
| Jun 18, 2024 | Timothy Wojs | Robert W. Baird | $280.00 | $249.98 | 12.01% | -11.66% |
| Apr 04, 2024 | Joseph O\'Dea | Wells Fargo | $295.00 | $264.69 | 11.45% | -6.93% |
| Apr 04, 2024 | Christopher Glynn | Oppenheimer | $315.00 | $264.69 | 19.01% | -0.62% |
| Mar 26, 2024 | Timothy Wojs | Robert W. Baird | $286.00 | $266.21 | 7.43% | -9.76% |
| Oct 04, 2023 | Timothy Wojs | Robert W. Baird | $170.00 | $167.38 | 1.57% | -46.36% |
| Apr 11, 2023 | Christopher Glynn | Oppenheimer | $210.00 | $159.02 | 32.06% | -33.74% |
The latest Acuity Brands stock forecast, released on Oct 02, 2024 by Joseph O'Dea from Wells Fargo, set a price target of $305.00, which represents a 1.89% increase from the stock price at the time of the forecast ($299.35), and a -3.77% decrease from AYI last price ($316.95).
Acuity Brands Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 8 |
| Avg Price Target | - | $321.33 | $300.00 |
| Last Closing Price | $316.95 | $316.95 | $316.95 |
| Upside/Downside | -100.00% | 1.38% | -5.35% |
In the current month, the average price target of Acuity Brands stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Acuity Brands's last price of $316.95. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 29, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Oct 02, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Oct 02, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Oct 02, 2024 | Susquehanna | Neutral | Neutral | Hold |
| Oct 02, 2024 | Benchmark | Buy | Buy | Hold |
| Oct 02, 2024 | Evercore ISI | - | Outperform | Upgrade |
| Oct 01, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Sep 24, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Jun 28, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Jun 28, 2024 | Wells Fargo | Overweight | Equal-Weight | Downgrade |
Acuity Brands's last stock rating was published by Oppenheimer on Oct 29, 2024. The company gave AYI a "Outperform" rating, the same as its previous rate.
Acuity Brands Financial Forecast
Acuity Brands Revenue Forecast
| Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $1.01B | $1.00B | - | - | $1.11B | $1.06B | $909.10M | $926.10M | $992.70M | $899.70M | $776.60M | $792.00M | $891.20M | $776.20M | $824.20M | $834.70M | $938.10M | $947.60M |
| Avg Forecast | $1.13B | $1.05B | $976.63M | $1.01B | $1.12B | $1.04B | $950.33M | $957.65M | $1.02B | $996.52M | $907.75M | $935.14M | $1.02B | $1.05B | $958.46M | $984.46M | $1.08B | $985.42M | $884.62M | $880.71M | $961.59M | $839.71M | $776.99M | $788.07M | $825.95M | $741.62M | $806.41M | $874.76M | $1.03B | $971.45M |
| High Forecast | $1.18B | $1.10B | $1.02B | $1.05B | $1.17B | $1.09B | $956.28M | $963.50M | $1.02B | $996.52M | $907.75M | $940.74M | $1.06B | $1.10B | $1.00B | $1.03B | $1.09B | $996.71M | $894.75M | $890.80M | $972.60M | $849.34M | $785.89M | $797.10M | $835.41M | $750.12M | $815.65M | $884.79M | $1.04B | $982.58M |
| Low Forecast | $1.11B | $1.03B | $960.66M | $989.01M | $1.10B | $1.02B | $945.11M | $952.44M | $1.02B | $996.52M | $907.75M | $930.62M | $1.00B | $1.03B | $942.79M | $968.36M | $1.07B | $975.14M | $875.39M | $871.52M | $951.56M | $830.95M | $768.88M | $779.85M | $817.33M | $733.89M | $798.00M | $865.64M | $1.02B | $961.31M |
| # Analysts | 2 | 2 | 3 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 2 | 2 | 1 | 2 | 3 | 3 | 2 | 6 | 7 | 7 | 6 | 5 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 0.95% | - | - | 1.03% | 1.08% | 1.03% | 1.05% | 1.03% | 1.07% | 1.00% | 1.00% | 1.08% | 1.05% | 1.02% | 0.95% | 0.91% | 0.98% |
Acuity Brands's average Quarter revenue forecast for Dec 23 based on 4 analysts is $935.14M, with a low forecast of $930.62M, and a high forecast of $940.74M. AYI's average Quarter revenue forecast represents a -7.45% decrease compared to the company's last Quarter revenue of $1.01B (Aug 23).
Acuity Brands EBITDA Forecast
| Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 3 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 2 | 2 | 1 | 2 | 3 | 3 | 2 | 6 | 7 | 7 | 6 | 5 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $150.80M | $143.30M | - | - | $155.60M | $168.10M | $128.20M | $139.40M | $156.50M | $140.60M | $114.10M | $109.30M | $127.90M | $110.10M | $107.10M | $107.10M | $152.10M | $143.30M |
| Avg Forecast | $173.69M | $161.12M | $149.83M | $154.25M | $171.44M | $159.82M | $145.80M | $146.92M | $157.16M | $152.88M | $142.03M | $143.47M | $156.25M | $160.88M | $129.12M | $125.34M | $164.25M | $150.02M | $117.38M | $134.08M | $146.39M | $127.84M | $88.38M | $119.98M | $125.74M | $112.91M | $110.48M | $133.18M | $157.02M | $147.90M |
| High Forecast | $181.47M | $168.34M | $156.54M | $161.16M | $179.12M | $166.98M | $146.71M | $147.82M | $157.16M | $152.89M | $170.44M | $144.33M | $163.25M | $168.09M | $154.94M | $150.41M | $166.13M | $151.74M | $140.86M | $135.62M | $148.07M | $129.31M | $106.05M | $121.35M | $127.19M | $114.20M | $132.58M | $134.70M | $158.82M | $149.59M |
| Low Forecast | $170.85M | $158.49M | $147.38M | $151.73M | $168.63M | $157.20M | $145.00M | $146.12M | $157.16M | $152.88M | $113.63M | $142.77M | $153.69M | $158.25M | $103.30M | $100.28M | $162.54M | $148.46M | $93.91M | $132.68M | $144.87M | $126.51M | $70.70M | $118.73M | $124.43M | $111.73M | $88.39M | $131.79M | $155.39M | $146.35M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 0.89% | - | - | 0.95% | 1.12% | 1.09% | 1.04% | 1.07% | 1.10% | 1.29% | 0.91% | 1.02% | 0.98% | 0.97% | 0.80% | 0.97% | 0.97% |
4 analysts predict AYI's average Quarter EBITDA for Dec 23 to be $143.47M, with a high of $144.33M and a low of $142.77M. This is -4.86% lower than Acuity Brands's previous annual EBITDA (Aug 23) of $150.80M.
Acuity Brands Net Income Forecast
| Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 3 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 2 | 2 | 1 | 2 | 3 | 3 | 2 | 6 | 7 | 7 | 6 | 5 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $82.90M | $105.00M | - | - | $115.40M | $105.70M | $75.30M | $87.60M | $98.10M | $85.70M | $62.90M | $59.60M | $73.70M | $60.40M | $57.20M | $57.00M | $96.10M | $88.40M |
| Avg Forecast | $163.91M | $148.40M | $123.06M | $133.62M | $153.69M | $140.17M | $113.81M | $122.51M | $134.51M | $128.64M | $83.42M | $101.85M | $117.40M | $117.35M | $75.84M | $78.77M | $113.90M | $93.31M | $68.95M | $76.10M | $89.91M | $71.33M | $48.72M | $58.14M | $63.93M | $38.43M | $59.01M | $69.56M | $88.53M | $76.44M |
| High Forecast | $173.45M | $157.05M | $130.22M | $141.40M | $162.64M | $148.33M | $114.44M | $126.02M | $134.64M | $128.65M | $100.11M | $112.40M | $124.23M | $124.19M | $91.01M | $94.52M | $115.60M | $94.70M | $82.73M | $77.23M | $91.24M | $72.39M | $58.46M | $59.00M | $64.88M | $39.00M | $70.81M | $70.60M | $89.85M | $77.58M |
| Low Forecast | $160.42M | $145.25M | $120.44M | $130.78M | $150.43M | $137.19M | $113.18M | $120.92M | $134.38M | $128.64M | $66.74M | $95.59M | $114.90M | $114.86M | $60.67M | $63.01M | $112.36M | $92.05M | $55.16M | $75.07M | $88.69M | $70.36M | $38.98M | $57.35M | $63.06M | $37.91M | $47.21M | $68.62M | $87.33M | $75.40M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.71% | 0.89% | - | - | 1.01% | 1.13% | 1.09% | 1.15% | 1.09% | 1.20% | 1.29% | 1.03% | 1.15% | 1.57% | 0.97% | 0.82% | 1.09% | 1.16% |
Acuity Brands's average Quarter net income forecast for Dec 23 is $101.85M, with a range of $95.59M to $112.40M. AYI's average Quarter net income forecast represents a 22.86% increase compared to the company's last Quarter net income of $82.90M (Aug 23).
Acuity Brands SG&A Forecast
| Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 3 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 2 | 2 | 1 | 2 | 3 | 3 | 2 | 6 | 7 | 7 | 6 | 5 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $313.00M | $304.00M | - | - | $312.90M | $302.40M | $277.00M | $270.70M | $284.70M | $268.00M | $245.40M | $246.00M | $261.00M | $241.30M | $260.90M | $265.30M | $263.90M | $263.40M |
| Avg Forecast | $339.93M | $315.33M | $293.24M | $301.89M | $335.51M | $312.78M | $285.34M | $287.53M | $307.58M | $299.21M | $306.89M | $280.78M | $305.79M | $314.86M | $278.99M | $243.41M | $329.68M | $301.12M | $253.62M | $269.12M | $293.84M | $256.60M | $190.08M | $240.82M | $252.39M | $226.62M | $269.14M | $267.31M | $315.17M | $296.85M |
| High Forecast | $355.16M | $329.45M | $306.37M | $315.41M | $350.54M | $326.79M | $287.12M | $289.29M | $307.58M | $299.21M | $368.26M | $282.46M | $319.48M | $328.96M | $334.78M | $292.09M | $333.46M | $304.57M | $304.35M | $272.21M | $297.21M | $259.54M | $228.09M | $243.58M | $255.28M | $229.22M | $322.97M | $270.37M | $318.79M | $300.25M |
| Low Forecast | $334.37M | $310.17M | $288.44M | $296.95M | $330.03M | $307.66M | $283.77M | $285.97M | $307.58M | $299.21M | $245.51M | $279.42M | $300.79M | $309.71M | $223.19M | $194.72M | $326.24M | $297.98M | $202.90M | $266.32M | $290.77M | $253.92M | $152.06M | $238.30M | $249.76M | $224.26M | $215.31M | $264.52M | $311.89M | $293.76M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 0.97% | - | - | 0.95% | 1.00% | 1.09% | 1.01% | 0.97% | 1.04% | 1.29% | 1.02% | 1.03% | 1.06% | 0.97% | 0.99% | 0.84% | 0.89% |
Acuity Brands's average Quarter SG&A projection for Dec 23 is $280.78M, based on 4 Wall Street analysts, with a range of $279.42M to $282.46M. The forecast indicates a -10.29% fall compared to AYI last annual SG&A of $313.00M (Aug 23).
Acuity Brands EPS Forecast
| Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 3 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 2 | 2 | 1 | 2 | 3 | 3 | 2 | 6 | 7 | 7 | 6 | 5 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $2.66 | $3.31 | - | - | $3.53 | $3.10 | $2.15 | $2.50 | $2.76 | $2.40 | $1.75 | $1.58 | $1.88 | $1.53 | $1.45 | $1.44 | $2.43 | $2.23 |
| Avg Forecast | $5.20 | $4.71 | $3.91 | $4.24 | $4.88 | $4.45 | $3.61 | $3.89 | $4.27 | $4.08 | $3.17 | $3.23 | $3.73 | $3.72 | $2.73 | $3.02 | $3.61 | $2.96 | $2.38 | $2.41 | $2.85 | $2.26 | $1.73 | $1.84 | $2.03 | $1.22 | $1.90 | $2.21 | $2.81 | $2.43 |
| High Forecast | $5.50 | $4.98 | $4.13 | $4.49 | $5.16 | $4.71 | $3.63 | $4.00 | $4.27 | $4.08 | $3.17 | $3.57 | $3.94 | $3.94 | $2.89 | $3.19 | $3.67 | $3.01 | $2.41 | $2.45 | $2.90 | $2.30 | $1.76 | $1.87 | $2.06 | $1.24 | $1.93 | $2.24 | $2.85 | $2.46 |
| Low Forecast | $5.09 | $4.61 | $3.82 | $4.15 | $4.77 | $4.35 | $3.59 | $3.84 | $4.26 | $4.08 | $3.17 | $3.03 | $3.65 | $3.64 | $2.67 | $2.95 | $3.57 | $2.92 | $2.34 | $2.38 | $2.81 | $2.23 | $1.71 | $1.82 | $2.00 | $1.20 | $1.87 | $2.18 | $2.77 | $2.39 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.71% | 0.89% | - | - | 0.98% | 1.05% | 0.90% | 1.04% | 0.97% | 1.06% | 1.01% | 0.86% | 0.93% | 1.25% | 0.76% | 0.65% | 0.86% | 0.92% |
According to 4 Wall Street analysts, Acuity Brands's projected average Quarter EPS for Dec 23 is $3.23, with a low estimate of $3.03 and a high estimate of $3.57. This represents a 21.51% increase compared to AYI previous annual EPS of $2.66 (Aug 23).
Acuity Brands Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ENS | EnerSys | $94.11 | $118.00 | 25.39% | Buy |
| KE | Kimball Electronics | $19.02 | $23.75 | 24.87% | Buy |
| NVT | nVent Electric | $75.51 | $83.80 | 10.98% | Buy |
| AEIS | Advanced Energy Industries | $111.56 | $122.60 | 9.90% | Buy |
| WIRE | Encore Wire | $289.84 | $295.00 | 1.78% | Hold |
| ENR | Energizer | $37.25 | $37.67 | 1.13% | Hold |
| AYI | Acuity Brands | $316.95 | $318.33 | 0.44% | Hold |
| HUBB | Hubbell | $452.37 | $384.14 | -15.08% | Hold |