EPS for Orchids Paper Products Company (TIS) Expected At $0.16, Acuity Brands (AYI) Sellers Increased By 10.65% Their Shorts

July 11, 2017 - By Linda Rogers

Acuity Brands Incorporated (NYSE:AYI) had an increase of 10.65% in short interest. AYI’s SI was 5.91 million shares in July as released by FINRA. Its up 10.65% from 5.35M shares previously. With 748,300 avg volume, 8 days are for Acuity Brands Incorporated (NYSE:AYI)’s short sellers to cover AYI’s short positions. The SI to Acuity Brands Incorporated’s float is 13.64%. It closed at $198.43 lastly. It is down 31.18% since July 11, 2016 and is downtrending. It has underperformed by 47.88% the S&P500.

Analysts expect Orchids Paper Products Company (NYSEMKT:TIS) to report $0.16 EPS on July, 26.They anticipate $0.11 EPS change or 40.74% from last quarter’s $0.27 EPS. TIS’s profit would be $1.66M giving it 18.56 P/E if the $0.16 EPS is correct. After having $-0.08 EPS previously, Orchids Paper Products Company’s analysts see -300.00% EPS growth. It closed at $11.88 lastly. It is down 56.11% since July 11, 2016 and is downtrending. It has underperformed by 72.81% the S&P500.

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 has market cap of $8.35 billion. The Firm operates through North American segment. It has a 27.7 P/E ratio. The Firm offers a portfolio of indoor and outdoor lighting and building management solutions for commercial, institutional, industrial, infrastructure and residential applications.

Investors sentiment increased to 1.12 in Q4 2016. Its up 0.20, from 0.92 in 2016Q3. It increased, as 50 investors sold Acuity Brands, Inc. shares while 145 reduced holdings. 63 funds opened positions while 155 raised stakes. 40.78 million shares or 4.08% more from 39.19 million shares in 2016Q3 were reported. Invesco invested in 585,821 shares. The Ohio-based Fifth Third National Bank & Trust has invested 0% in Acuity Brands, Inc. (NYSE:AYI). Concert Wealth Mngmt holds 2,573 shares. Blackrock Japan Communication Ltd has 58,633 shares. Amp Capital Investors Ltd reported 29,010 shares stake. 113,150 are owned by Ci Invests Incorporated. First Manhattan Co invested 0% in Acuity Brands, Inc. (NYSE:AYI). Gulf International Bancorporation (Uk) Ltd invested in 0.05% or 12,980 shares. 955 were reported by Putnam Investments Limited Liability Corporation. Nomura Asset Mgmt Comm Limited reported 0.02% in Acuity Brands, Inc. (NYSE:AYI). Gemmer Asset Mgmt Limited Liability Company holds 0% in Acuity Brands, Inc. (NYSE:AYI) or 23 shares. Copper Rock Cap Prns Ltd Liability Corp has invested 0.02% in Acuity Brands, Inc. (NYSE:AYI). The Washington-based Zevenbergen Cap Ltd Com has invested 1.6% in Acuity Brands, Inc. (NYSE:AYI). Blackrock Fund Advisors, a California-based fund reported 753,510 shares. Moreover, California State Teachers Retirement System has 0.04% invested in Acuity Brands, Inc. (NYSE:AYI) for 90,469 shares.

Among 17 analysts covering Acuity Brands Inc. (NYSE:AYI), 11 have Buy rating, 3 Sell and 3 Hold. Therefore 65% are positive. Acuity Brands Inc. had 38 analyst reports since August 21, 2015 according to SRatingsIntel. Oppenheimer maintained Acuity Brands, Inc. (NYSE:AYI) rating on Tuesday, December 1. Oppenheimer has “Outperform” rating and $265 target. The stock of Acuity Brands, Inc. (NYSE:AYI) earned “Buy” rating by Canaccord Genuity on Thursday, October 6. The stock of Acuity Brands, Inc. (NYSE:AYI) has “Overweight” rating given on Saturday, August 22 by Piper Jaffray. The rating was downgraded by Robert W. Baird on Tuesday, December 20 to “Neutral”. Oppenheimer maintained it with “Outperform” rating and $295 target in Thursday, April 7 report. JMP Securities initiated it with “Mkt Underperform” rating and $200 target in Thursday, December 8 report. The company was initiated on Thursday, February 25 by Credit Agricole. On Friday, January 27 the stock rating was downgraded by TH Capital to “Sell”. The firm earned “Buy” rating on Friday, September 30 by Williams Capital Group. Canaccord Genuity maintained Acuity Brands, Inc. (NYSE:AYI) on Wednesday, April 5 with “Buy” rating.

Since February 7, 2017, it had 0 insider buys, and 1 sale for $226,809 activity. ROBINSON RAY M also sold $226,809 worth of Acuity Brands, Inc. (NYSE:AYI) shares.