Acuity Brands, Inc [AYI] stock prices are up 3.22% to $313.64 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The AYI shares have gain 7.36% over the last week, with a monthly amount drifted -3.42%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Acuity Brands, Inc [NYSE: AYI] stock has seen the most recent analyst activity on January 06, 2025, when Morgan Stanley initiated its Equal-Weight rating and assigned the stock a price target of $304. Previously, William Blair upgraded its rating to Outperform on January 02, 2025. On June 28, 2024, downgrade downgraded it’s rating to Equal Weight and revised its price target to $260 on the stock. Oppenheimer reiterated its Outperform rating and increased its price target to $315 on April 04, 2024. Robert W. Baird downgraded its rating to a Neutral and reduced its price target to $190 on December 16, 2022. William Blair downgraded its rating to Mkt Perform for this stock on June 23, 2022. In a note dated October 12, 2021, UBS upgraded an Neutral rating on this stock and boosted its target price from $163 to $206.
The stock price of Acuity Brands, Inc [AYI] has been fluctuating between $204.34 and $337.99 over the past year. Currently, Wall Street analysts expect the stock to reach $345 within the next 12 months. Acuity Brands, Inc [NYSE: AYI] shares were valued at $313.64 at the most recent close of the market. An investor can expect a potential return of 10.0% based on the average AYI price forecast.
Analyzing the AYI fundamentals
The Acuity Brands, Inc [NYSE:AYI] reported sales of 3.84B for trailing twelve months, representing a surge of 2.17%. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.19 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.23.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 302.86 points at the first support level, and at 292.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 319.08, and for the 2nd resistance point, it is at 324.51.
Ratios To Look Out For
It’s worth pointing out that Acuity Brands, Inc [NYSE:AYI]’s Current Ratio is 2.72. Further, the Quick Ratio stands at 2.16, while the Cash Ratio is 1.44. Considering the valuation of this stock, the price to sales ratio is 2.53, the price to book ratio is 4.06 and price to earnings (TTM) ratio is 23.34.
Transactions by insiders
Recent insider trading involved GOLDMAN BARRY R, SVP & General Counsel, that happened on Oct 28 ’24 when 5120.0 shares were sold. Officer, GOLDMAN BARRY R completed a deal on Oct 28 ’24 to buy 5120.0 shares. Meanwhile, Director Leibman Maya bought 200.0 shares on Apr 25 ’24.
