News coverage about Acuity Brands (NYSE:AYI) has been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Acuity Brands earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news coverage about the electronics maker an impact score of 45.6858845973273 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have effected Accern Sentiment’s rankings:
Acuity Brands (AYI) opened at $161.49 on Friday. The firm has a market capitalization of $6,830.00, a P/E ratio of 22.18, a price-to-earnings-growth ratio of 1.62 and a beta of 1.43. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.65 and a current ratio of 2.23. Acuity Brands has a 1-year low of $153.28 and a 1-year high of $225.36.
Acuity Brands (NYSE:AYI) last released its quarterly earnings results on Tuesday, January 9th. The electronics maker reported $1.81 earnings per share for the quarter, missing the consensus estimate of $1.97 by ($0.16). Acuity Brands had a net margin of 8.91% and a return on equity of 20.08%. equities research analysts expect that Acuity Brands will post 9 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, February 1st. Shareholders of record on Monday, January 22nd will be issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 0.32%. The ex-dividend date of this dividend is Friday, January 19th. Acuity Brands’s dividend payout ratio is presently 7.14%.
Several analysts recently issued reports on the company. Robert W. Baird reiterated a “hold” rating and set a $198.00 target price on shares of Acuity Brands in a research report on Tuesday, January 9th. Roth Capital set a $130.00 target price on Acuity Brands and gave the stock a “sell” rating in a research report on Thursday, October 5th. Seaport Global Securities reiterated a “buy” rating and set a $200.00 target price (down previously from $225.00) on shares of Acuity Brands in a research report on Friday, October 6th. Wolfe Research cut Acuity Brands from an “outperform” rating to a “market perform” rating in a research report on Monday, October 9th. Finally, Zacks Investment Research upgraded Acuity Brands from a “sell” rating to a “hold” rating in a research report on Tuesday, December 12th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $196.23.
In other Acuity Brands news, EVP Mark A. Black sold 7,441 shares of the firm’s stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $161.32, for a total transaction of $1,200,382.12. Following the completion of the transaction, the executive vice president now owns 30,649 shares in the company, valued at approximately $4,944,296.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.50% of the company’s stock.
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Acuity Brands Company Profile
Acuity Brands, Inc is a provider of lighting solutions for commercial, institutional, industrial, infrastructure and residential applications throughout North America and other international markets. The Company operates through North American segment. The Company offers a portfolio of indoor and outdoor lighting and building management solutions for commercial, institutional, industrial, infrastructure and residential applications.
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