Acuity Brands, Inc [NYSE: AYI] traded at a low on Friday, posting a -0.12 loss after which it closed the day’ session at $330.36.
The results of the trading session contributed to over 263445 shares changing hands. Over the past one week, the price volatility of Acuity Brands, Inc stands at 2.45% while the volatility over the past one month is 2.50%.
The market cap for AYI stock reached $10.23 billion, with 31.00 million shares outstanding and 30.83 million shares in the current float. Compared to the average trading volume of 310.14K shares, AYI reached a trading volume of 263445 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Acuity Brands, Inc [AYI]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AYI shares is $344.43 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AYI stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for Acuity Brands, Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on January 14, 2025. While these analysts kept the previous recommendation, Morgan Stanley raised their target price to Equal-Weight. The new note on the price target was released on January 06, 2025, representing the official price target for Acuity Brands, Inc stock. On June 28, 2024, analysts decreased their price target for AYI shares from 295 to 260.
The Average True Range (ATR) for Acuity Brands, Inc is set at 8.09, with the Price to Sales ratio for AYI stock in the period of the last 12 months amounting to 2.65. The Price to Book ratio for the last quarter was 4.16, with the Price to Cash per share for the same quarter was set at 30.22. Price to Free Cash Flow for AYI in the course of the last twelve months was 20.74 with Quick ratio for the last quarter at 2.38.
How has AYI stock performed recently?
Acuity Brands, Inc [AYI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.22. With this latest performance, AYI shares gained by 3.93% in over the last four-week period, additionally plugging by 28.38% over the last 6 months – not to mention a rise of 47.35% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AYI stock in for the last two-week period is set at 65.06, with the RSI for the last a single of trading hit 71.19, and the three-weeks RSI is set at 61.58 for Acuity Brands, Inc [AYI]. The present Moving Average for the last 50 days of trading for this stock 316.82, while it was recorded at 323.13 for the last single week of trading, and 274.55 for the last 200 days.
Acuity Brands, Inc [AYI]: Deeper insight into the fundamentals
Acuity Brands, Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.38 and a Current Ratio set at 2.98.
Earnings analysis for Acuity Brands, Inc [AYI]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AYI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Acuity Brands, Inc go to 10.00%.
Insider trade positions for Acuity Brands, Inc [AYI]
There are presently around $99.56%, or 99.88%% of AYI stock, in the hands of institutional investors. The top three institutional holders of AYI stocks are: BLACKROCK INC. with ownership of 3.45 million shares, which is approximately 11.2039%. FMR LLC, holding 3.1 million shares of the stock with an approximate value of $$749.33 million in AYI stocks shares; and FMR LLC, currently with $$746.83 million in AYI stock with ownership which is approximately 10.0335%.
