What analysts say:
- Buy, sell, or hold?: Analysts think investors should stand pat on Acuity Brands with five of nine analysts rating it hold. Analysts don't like Acuity Brands as much as competitor LSI Industries overall. One out of two analysts rate LSI Industries a buy compared to four of nine for Acuity Brands.
- Revenue forecasts: On average, analysts predict $482.9 million in revenue this quarter. That would represent a rise of 8.7% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.80 per share. Estimates range from $0.76 to $0.85.
What our community says:
CAPS All-Stars are solidly behind the stock with 96.8% awarding it an outperform rating. The community at large backs the All-Stars with 92.9% giving it a rating of outperform. Fools are gung-ho about Acuity Brands, though the message boards have been quiet lately with only 73 posts in the past 30 days. Even with a robust four out of five stars, Acuity Brands' CAPS rating falls a little short of the community's upbeat outlook.
Acuity Brands' profit has risen year over year by an average of 45.1% over the past five quarters. Revenue has now gone up for three straight quarters.
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