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Acuity Brands Inc (AYI)
NYSE:AYI
Acuity Brands (AYI) Stock Price & Analysis
313 Followers
AYI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$148.89 - $272.58
Previous Close$247.06
Volume50.93K
Average Volume (3M)236.33K
Market Cap
$7.68B
Enterprise Value$7.61B
Total Cash (Recent Filing)$578.90M
Total Debt (Recent Filing)$583.00M
Price to Earnings (P/E)20.7
Beta1.06
Next Earnings
Jul 02, 2024EPS Estimate
$4.12Last Dividend Ex-Date
Apr 16, 2024Dividend Yield0.22%
Share Statistics
EPS (TTM)11.96
Shares Outstanding30,797,872
10 Day Avg. Volume231,604
30 Day Avg. Volume236,334
Standard Deviation0.11
R-Squared0.51
Alpha0.00207
Financial Highlights & Ratios
Price to Book (P/B)12.91
Price to Sales (P/S)8.40
Price to Cash Flow (P/CF)18.50
P/FCF Ratio20.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.98
Enterprise Value/Gross Profit4.44
Enterprise Value/Ebitda12.30
Forecast
1Y Price Target
$290.83Price Target Upside16.63% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Acuity Brands News
PremiumPress Releases
Acuity Brands Declares Quarterly DividendBulls Say, Bears Say
Bulls Say
Financial PerformanceManagement increased adj. EPS guidance to $14.75-$15.50, representing an increase of 10% at the mid-point, reflecting confidence in the company's earnings potential.
Market PositionAcuity Brands is the North American market share leader in nonresidential lighting fixtures with a growing portfolio, signaling a competitive edge in the industry.
Operational EfficiencyThe company's year-to-date free cash flow is strong, with a significant cash balance approaching $600M, indicating healthy financials and potential for future investments.
Bears Say
Financial PerformanceRevenue was down year over year due to tough comparisons.
Market ExpectationsSales were down significantly both year-over-year and sequentially, underscoring a challenging operating environment.
Operational EfficiencyAdj op margin of 16.0% was below the estimate and the lowest level since 2Q22.
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Ownership Overview
3.70% Insiders
40.98% Mutual Funds
26.00% Other Institutional Investors
29.31% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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AYI FAQ
What was Acuity Brands Inc’s price range in the past 12 months?
Acuity Brands Inc lowest stock price was $148.89 and its highest was $272.58 in the past 12 months.
What is Acuity Brands Inc’s market cap?
Currently, no data Available
When is Acuity Brands Inc’s upcoming earnings report date?
Acuity Brands Inc’s upcoming earnings report date is Jul 02, 2024 which is in 70 days.
How were Acuity Brands Inc’s earnings last quarter?
Acuity Brands Inc released its earnings results on Apr 03, 2024. The company reported $3.38 earnings per share for the quarter, beating the consensus estimate of $3.171 by $0.209.
Is Acuity Brands Inc overvalued?
According to Wall Street analysts Acuity Brands Inc’s price is currently Undervalued.
Does Acuity Brands Inc pay dividends?
Acuity Brands Inc pays a Quarterly dividend of $0.15 which represents an annual dividend yield of 0.22%. See more information on Acuity Brands Inc dividends here
What is Acuity Brands Inc’s EPS estimate?
Acuity Brands Inc’s EPS estimate is $4.12.
How many shares outstanding does Acuity Brands Inc have?
Acuity Brands Inc has 30,797,873 shares outstanding.
What happened to Acuity Brands Inc’s price movement after its last earnings report?
Acuity Brands Inc reported an EPS of $3.38 in its last earnings report, beating expectations of $3.171. Following the earnings report the stock price went up 1.093%.
Which hedge fund is a major shareholder of Acuity Brands Inc?
Among the largest hedge funds holding Acuity Brands Inc’s share is Pzena Investment Management LLC. It holds Acuity Brands Inc’s shares valued at 87M.
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Acuity Brands Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$290.83 (16.63% Upside)
$290.83 (16.63% Upside)
Blogger Sentiment
Bullish
AYI Sentiment 66%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 78.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 3.3%
Last 30 Days ▲ 2.9%
Last 30 Days ▲ 2.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
52.73%
12-Months-Change
Fundamentals
Return on Equity
18.44%
Trailing 12-Months
Asset Growth
4.20%
Trailing 12-Months
Company Description
Acuity Brands Inc
Acuity Brands, Inc. engages in the provision of lighting and building management solutions and services. It caters commercial, institutional, industrial, infrastructure, and residential applications for various markets. It offers luminaires, lighting controls, controllers for various building systems, power supplies, prismatic skylights, and drivers, as well as integrated systems for various indoor and outdoor applications. The company was founded in 2001 and is headquartered in Atlanta, GA.
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AYI Company Deck
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AYI Earnings Call
Q2 2024
0:00 / 0:00
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AYI Stock 12 Months Forecast
Average Price Target
$290.83
▲(16.63% Upside)
Technical Analysis
Best Analysts Covering AYI
1 Year
1 Year Success Rate
23/54 ratings generated profit
1 Year Average Return
+4.52%
reiterated a buy rating 19 days ago
Copying Christopher Glynn's trades and holding each position for 1 Year would result in 42.59% of your transactions generating a profit, with an average return of +4.52% per trade.
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