Acuity Brands, Inc. which can be found using ticker (AYI) now have 7 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The range between the high target price and low target price is between 210 and 170 and has a mean target at $182.71. Given that the stocks previous close was at $158.87 this indicates there is a potential upside of 15.0%. There is a 50 day moving average of $183.85 and the 200 day MA is $176.10. The company has a market capitalization of $5,016m. Company Website: https://www.acuitybrands.com
The potential market cap would be $5,769m based on the market consensus.
Acuity Brands, Inc. provides lighting and building management solutions in North America and internationally. The company operates through 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 Lithonia Lighting, Holophane, Peerless, Gotham, Mark Architectural Lighting, Winona Lighting, Juno, Indy, Aculux, Healthcare Lighting, Hydrel, American Electric Lighting, Sunoptics, eldoLED, nLight, Sensor Switch, IOTA, A-Light, Cyclone, Eureka, Lumniaire LED, Luminis, Dark to Light, RELOC Wiring Solutions, and OPTOTRONIC brands. This segment serves electrical distributors, retail home improvement centers, electric utilities, national accounts, original equipment manufacturers, digital retailers, lighting showrooms, and energy service companies. The ISG segment offers building management platform and location-aware applications under the Distech Controls and Atrius brands. This segment serves system integrators, as well as retail stores, airports, and enterprise campuses. Acuity Brands, Inc. was incorporated in 2001 and is headquartered in Atlanta, Georgia.
The company has a dividend yield of 0.33% with the ex dividend date set at 14-4-2023 (DMY).
Other points of data to note are a P/E ratio of 13.91, revenue per share of 125.5 and a 9.22% return on assets.
