Acuity Brands, Inc. (AYI) Stock Forecast & Predictions

Acuity Brands, Inc. AYI: $179.2

, , , . | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.acuitybrands.com

  • Market Cap$6.40B
  • Change (52 Weeks)84.05%
  • Low (52 Weeks)$87.76
  • Acuity Brands, Inc. (AYI) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 25.00% are on Buy, 25.00% on Sell, and 50.00% Neutral.

    According to the market data, Acuity Brands, Inc. (AYI) stock price is $179.2 and the 52 weeks low is $87.76, which means the Acuity Brands, Inc. stock price is up 84.05% in the last 12 months.

    Acuity Brands, Inc. (AYI) Stock Price has been Trending Strongly with an ADX reading of 27.68 as per the Weekly Chart.

    A Upward trend indicates that Acuity Brands, Inc. (AYI) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 25.00% are indicating that AYI Stock price might rise further, 25.00% indicating that AYI Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall AYI stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Acuity Brands, Inc. (AYI) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Acuity Brands, Inc. (AYI) is based on 15 Institutional Analyst Ratings where 26.67% are on Strong Buy, 26.67% on Moderate Buy, 40.00% remains on Hold, 0.00% are on Moderate Sell and 6.67% are on Strong Sell.

    Out of 15 Institutional Analysts, majority recommended AYI stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Acuity Brands, Inc..

    Acuity Brands, Inc. (AYI) Stock Price Prediction By Analysts


    HighLowAverage
    $231.00$164.63$195.84
    $195.849.29% Upside
    Updated: 2021-09-19 00:00:00

    The Average Price target for AYI set by the institutional analysts is $195.84 where High Estimate is $231.00, Median $197.37 and Low $164.63.

    The average price target for AYI by Institutional Analysts is $195.84, which is 9.29% Upside from the current price. So according to the Institutional Analysts, AYI Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Acuity Brands, Inc. (AYI) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 478,822 investor portfolio.

    Our algorithm has analysed 478,822 investor portfolio with AYI stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about AYI and holding their positions hoping for a further rise in the stock price and more profit.

    Acuity Brands, Inc. (AYI) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Credit SuisseOutperformMaintained
    Credit SuisseOutperformMaintained
    BairdOutperformMaintained
    Credit SuisseOutperformMaintained
    OppenheimerOutperformMaintained
    Roth CapitalNeutralUpgraded
    Goldman SachsNeutralUpgraded
    Credit SuisseOutperformMaintained
    BairdOutperformUpgraded
    William BlairOutperformUpgraded
    Credit SuisseOutperformMaintained
    Credit SuisseOutperformMaintained
    Credit SuisseOutperformMaintained
    UBSSellInitiated
    Credit SuisseOutperformMaintained
    Credit SuisseOutperformMaintained
    BairdNeutralMaintained
    Goldman SachsSellDowngraded
    JMP SecuritiesMarket PerformDowngraded
    OppenheimerOutperformUpgraded
    Wells FargoOverweightMaintained
    Credit SuisseOutperformMaintained
    JMP SecuritiesMarket OutperformMaintained
    Credit SuisseOutperformMaintained
    JMP SecuritiesMarket OutperformMaintained
    BairdNeutralDowngraded
    Wells FargoOutperformMaintained
    OppenheimerOutperformMaintained
    Credit SuisseOutperformMaintained
    Credit SuisseOutperformMaintained
    Wells FargoOutperformMaintained
    JMP SecuritiesMarket OutperformMaintained
    BairdOutperformMaintained
    Goldman SachsNeutralUpgraded
    Credit SuisseOutperformUpgraded
    Wells FargoOutperformMaintained
    Credit SuisseNeutralInitiated
    Wells FargoOutperformMaintained
    Wells FargoOutperformUpgraded
    Goldman SachsSellDowngraded
    BairdOutperformUpgraded
    JMP SecuritiesMarket OutperformMaintained
    JMP SecuritiesMarket OutperformUpgraded
    Wells FargoMarket PerformMaintained
    William BlairMarket PerformDowngraded
    Seaport GlobalNeutralDowngraded
    Williams CapitalHoldDowngraded
    KeyBancSector WeightInitiated
    JMP SecuritiesMarket PerformUpgraded
    BairdNeutralDowngraded
    Wells FargoMarket PerformDowngraded
    Wolfe ResearchOutperformInitiated
    JMP SecuritiesMarket UnderperformMaintained
    Deutsche BankBuyMaintained
    GuggenheimNeutralInitiated
    Goldman SachsNeutralDowngraded
    BairdOutperformUpgraded
    BairdNeutralDowngraded
    JMP SecuritiesMarket UnderperformInitiated
    Deutsche BankBuyInitiated
    Seaport GlobalBuyInitiated
    Wells FargoOutperformUpgraded
    Williams CapitalBuyInitiated
    Roth CapitalNeutralInitiated
    OppenheimerOutperformMaintained
    CLSAOutperformDowngraded
    OppenheimerOutperformMaintained
    Canaccord GenuityBuyMaintained
    Cleveland ResearchNeutralDowngraded
    OppenheimerOutperformMaintained
    OppenheimerOverweightMaintained
    Canaccord GenuityBuyMaintained
    Stifel NicolausBuyMaintained
    Stifel NicolausBuyMaintained
    William BlairOutperformInitiated
    OppenheimerOutperformUpgraded
    Canaccord GenuityBuyMaintained
    Goldman SachsBuyUpgraded
    BB&T CapitalBuyUpgraded
    Canaccord GenuityBuyMaintained
    Sidoti & Co.BuyUpgraded
    DA DavidsonNeutralMaintained
    Sterne AgeeNeutralUpgraded
    Northland SecuritiesMarket PerformDowngraded
    UBSNeutralDowngraded
    Goldman SachsNeutralInitiated
    Goldman SachsNeutralInitiated
    Canaccord GenuityHoldDowngraded
    Northland SecuritiesOutperformUpgraded
    UBSBuyMaintained
    PiperJaffrayNeutralMaintained
    OppenheimerPerformMaintained
    BB&T CapitalHoldDowngraded
    JefferiesHoldMaintained
    UBSBuyInitiated
    Northland SecuritiesMarket PerformInitiated
    JefferiesHoldMaintained
    WedbushUnderperformMaintained
    PiperJaffrayNeutralMaintained
    OppenheimerPerformMaintained
    PiperJaffrayNeutralDowngraded
    Sterne AgeeUnderperformMaintained
    Stifel NicolausHoldInitiated
    DA DavidsonNeutralInitiated
    PiperJaffrayOverweightInitiated
    OppenheimerPerformMaintained
    Canaccord GenuityBuyMaintained

    Acuity Brands, Inc. (AYI) Stock Earning Per Share (EPS) Forecast / Estimate


    $2.325
    The average consensus EPS for AYI is $2.325 with a high estimate of $2.562 and Low of $2.062 for the period 2021-12-31 and based on 9 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $2.77$2.29157889999999982021-09-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$2.92029382021-12-31
    $2.77$2.29157889999999982021-09-30
    $2.12$1.743262021-06-30
    $2.03$1.8630462021-03-31
    $2.35$2.0493912020-12-31
    $1.94$1.23141222020-09-30
    $1.84$1.91675782020-06-30
    $2.13$2.23021132020-03-31
    $2.75$2.8364842019-12-31
    $2.53$2.4750052019-09-30
    $1.99$1.8041632019-06-30
    $2.32$2.16319782019-03-31
    $2.68$2.64241252018-12-31
    $2.37$2.19172018-09-30
    $1.89$2.12676710000000042018-06-30
    $1.94$2.11626312018-03-31
    $2.55$2.44964390000000032017-12-31
    $2.15$2.04564392017-09-30
    $1.77$1.84596692017-06-30
    $2$2.18391292017-03-31
    $2.21$2.41381920000000032016-12-31
    $2.06$2.04962332016-09-30
    $1.61$1.52131252016-06-30
    $1.65$1.5932752016-03-31
    $1.63$1.63703832015-12-31
    $1.37$1.35411712015-09-30
    $1.08$1.05738922015-06-30
    $1.32$1.14346139999999992015-03-31
    $1.26$1.23075572014-12-31
    $1$1.13664392014-09-30
    $0.75$0.84263292014-06-30
    $0.96$0.850422014-03-31
    $1.03$1.02481672013-12-31
    $0.97$0.88591142013-09-30
    $0.62$0.62552332013-06-30
    $0.69$0.81421150000000012013-03-31
    $0.88$0.92785672012-12-31
    $0.82$0.79032499999999992012-09-30
    $0.57$0.62622012-06-30
    $0.74$0.67165000000000012012-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).