Press coverage about Acuity Brands (NYSE:AYI) has been trending somewhat positive on Wednesday, Accern reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Acuity Brands earned a news impact score of 0.16 on Accern’s scale. Accern also gave news stories about the electronics maker an impact score of 44.7160213703669 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Acuity Brands (AYI) Stock Rating Lowered by Zacks Investment Research (americanbankingnews.com)
- Hot Stock to Track – Acuity Brands Inc (NYSE: AYI) – Alpha Beta Stock (alphabetastock.com)
- Acuity Brands, Inc. (AYI) located below SMA-200 -10.37% – The Stocks News (press release) (thestocksnews.com)
- Acuity Brands, Inc. (AYI) year to date performance remained at -12.39% – Nasdaq Fortune (press release) (nasdaqfortune.com)
Acuity Brands (AYI) opened at $151.09 on Wednesday. The stock has a market capitalization of $6,370.00, a price-to-earnings ratio of 20.75, a price-to-earnings-growth ratio of 1.56 and a beta of 1.31. Acuity Brands has a one year low of $141.68 and a one year high of $211.76. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.65 and a current ratio of 2.23.
AYI has been the subject of a number of research analyst reports. Zacks Investment Research upgraded Acuity Brands from a “sell” rating to a “hold” rating in a research note on Tuesday, December 12th. Robert W. Baird restated a “hold” rating and issued a $198.00 target price on shares of Acuity Brands in a research note on Tuesday, January 9th. Williams Capital cut Acuity Brands from a “buy” rating to a “hold” rating and lowered their target price for the company from $204.00 to $175.00 in a research note on Wednesday, January 10th. Wells Fargo & Co restated a “market perform” rating and issued a $175.00 target price (down previously from $185.00) on shares of Acuity Brands in a research note on Wednesday, January 10th. Finally, Seaport Global Securities restated a “neutral” rating on shares of Acuity Brands in a research note on Thursday, January 11th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $196.23.
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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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