Acuity Analysts Raise Their Forecasts Following Upbeat Q4 Earnings

Core Insights - Acuity Inc. reported better-than-expected fourth-quarter earnings with an adjusted EPS of $5.20, surpassing the analyst consensus estimate of $4.84 [1] - The company achieved quarterly net sales growth of 17.1% year-over-year, totaling $1.21 billion, slightly below the analyst consensus estimate of $1.23 billion [1][2] Financial Performance - The fiscal 2025 fourth quarter performance was characterized by growth in net sales, expansion of adjusted operating profit, and an increase in adjusted diluted earnings per share, as stated by the CEO Neil Ashe [2] - Despite strong performance metrics, Acuity shares fell by 0.6% to $360.70 following the earnings announcement [2] Analyst Ratings and Price Targets - Oppenheimer analyst Christopher Glynn maintained an Outperform rating and raised the price target from $380 to $435 [7] - TD Cowen analyst Jeffrey Osborne maintained a Buy rating and increased the price target from $330 to $390 [7] - Wells Fargo analyst Joseph O'Dea maintained an Overweight rating and raised the price target from $380 to $405 [7] - Goldman Sachs analyst Brian Lee maintained a Neutral rating and increased the price target from $312 to $356 [7] - Morgan Stanley analyst Christopher Snyder maintained an Overweight rating and raised the price target from $365 to $425 [7]