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Acuity Brands (AYI) Stock Price, News & Analysis

Acuity Brands logo
$315.62 -1.33 (-0.42%)
(As of 11/20/2024 ET)

About Acuity Brands Stock (NYSE:AYI)

Key Stats

Today's Range
$314.90
$319.06
50-Day Range
$254.45
$333.69
52-Week Range
$176.93
$337.99
Volume
241,406 shs
Average Volume
265,648 shs
Market Capitalization
$9.74 billion
P/E Ratio
23.48
Dividend Yield
0.19%
Price Target
$324.00
Consensus Rating
Hold

Company Overview

Acuity Brands, Inc. provides lighting, lighting controls, building management system, location-aware applications in the United States and internationally. The company operates in two segments, Acuity Brands Lighting and Lighting Controls (ABL); and the Intelligent Spaces Group (ISG). The ABL segment provides commercial, architectural, and specialty lighting solutions, as well as lighting controls and components for various indoor and outdoor applications under the A-Light, Aculux, American Electric Lighting, Cyclone, Dark to Light, eldoLED, Eureka, Gotham, Healthcare Lighting, Holophane, Hydrel, Indy, IOTA, Juno, Lithonia Lighting, Luminaire LED, Luminis, Mark Architectural Lighting, nLight, OPTOTRONIC, Peerless, RELOCWiring Solutions, and Sensor Switch. This segment serves electrical distributors, retail home improvement centers, electric utilities, national accounts, original equipment manufacturers, digital retailers, lighting showrooms, and energy service companies. The ISG segment offers building management solutions, such as products for controlling heating, ventilation, air conditioning, lighting, shades, refrigeration, and building access that deliver end-to-end optimization of those building systems; and building management software that enhances building system management and automates labor intensive tasks. This segment serves system integrators, as well as retail stores, airports, and enterprise campuses. The company offers its products and solutions under the Atrius, Distech Controls, and KE2 Therm Solutions brands. Acuity Brands, Inc. was incorporated in 2001 and is headquartered in Atlanta, Georgia.

Acuity Brands Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
77th Percentile Overall Score

AYI MarketRank™: 

Acuity Brands scored higher than 77% of companies evaluated by MarketBeat, and ranked 52nd out of 102 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Acuity Brands has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Acuity Brands has only been the subject of 4 research reports in the past 90 days.

  • Read more about Acuity Brands' stock forecast and price target.
  • Earnings Growth

    Earnings for Acuity Brands are expected to grow by 8.04% in the coming year, from $15.55 to $16.80 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Acuity Brands is 23.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.79.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Acuity Brands is 23.48, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 27.21.

  • Price to Earnings Growth Ratio

    Acuity Brands has a PEG Ratio of 2.10. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Acuity Brands has a P/B Ratio of 4.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Acuity Brands' valuation and earnings.
  • Percentage of Shares Shorted

    2.83% of the float of Acuity Brands has been sold short.
  • Short Interest Ratio / Days to Cover

    Acuity Brands has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Acuity Brands has recently increased by 0.09%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Acuity Brands has a dividend yield of 0.18%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Acuity Brands does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Acuity Brands is 4.46%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Acuity Brands will have a dividend payout ratio of 3.57% next year. This indicates that Acuity Brands will be able to sustain or increase its dividend.

  • Read more about Acuity Brands' dividend.
  • Percentage of Shares Shorted

    2.83% of the float of Acuity Brands has been sold short.
  • Short Interest Ratio / Days to Cover

    Acuity Brands has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Acuity Brands has recently increased by 0.09%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Acuity Brands has a news sentiment score of 1.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.80 average news sentiment score of Construction companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Acuity Brands this week, compared to 6 articles on an average week.
  • Search Interest

    Only 4 people have searched for AYI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Acuity Brands to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Acuity Brands insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,561,600.00 in company stock.

  • Percentage Held by Insiders

    Only 1.50% of the stock of Acuity Brands is held by insiders.

  • Percentage Held by Institutions

    98.21% of the stock of Acuity Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Acuity Brands' insider trading history.
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AYI Stock News Headlines

Tesla Execs are Freaking Out
It’s so revolutionary that tech giants like Microsoft, Amazon, and NVIDIA are all lining up to get their hands on it. And Elon Musk has completely restructured Tesla to chase this opportunity. This is a once-in-a-lifetime opportunity that you don’t want to miss.
Oppenheimer Keeps Their Buy Rating on Acuity Brands (AYI)
Acuity Brands Announces Acquisition of QSC for $1.215B
Acuity Brands to Buy QSC for More Than $1.2 Billion
See More Headlines

AYI Stock Analysis - Frequently Asked Questions

Acuity Brands' stock was trading at $204.83 at the beginning of the year. Since then, AYI stock has increased by 54.1% and is now trading at $315.62.
View the best growth stocks for 2024 here
.

Acuity Brands, Inc. (NYSE:AYI) released its quarterly earnings data on Tuesday, October, 1st. The electronics maker reported $4.30 EPS for the quarter, topping the consensus estimate of $3.90 by $0.40. The company's quarterly revenue was up 2.2% on a year-over-year basis.

Acuity Brands' top institutional investors include FMR LLC (8.76%), Wellington Management Group LLP (3.29%), State Street Corp (3.14%) and Geode Capital Management LLC (2.03%). Insiders that own company stock include Karen J Holcom, Dianne S Mills, Barry R Goldman, Laura O'shaughnessy and Maya Leibman.
View institutional ownership trends
.

Shares of AYI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Acuity Brands investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), Arista Networks (ANET), ServiceNow (NOW) and Jabil (JBL).

Company Calendar

Last Earnings
10/01/2024
Ex-Dividend for 11/1 Dividend
10/18/2024
Dividend Payable
11/01/2024
Today
11/20/2024
Next Earnings (Estimated)
1/14/2025
Fiscal Year End
8/31/2025

Industry, Sector and Symbol

Industry
Electric lighting & wiring equipment
Sub-Industry
Electrical Components & Equipment
CUSIP
00508Y10
Employees
13,200
Year Founded
2001

Price Target and Rating

Average Stock Price Target
$324.00
High Stock Price Target
$370.00
Low Stock Price Target
$303.00
Potential Upside/Downside
+2.7%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$422.60 million
Pretax Margin
14.28%

Debt

Sales & Book Value

Annual Sales
$3.84 billion
Cash Flow
$17.13 per share
Book Value
$77.32 per share

Miscellaneous

Free Float
30,400,000
Market Cap
$9.74 billion
Optionable
Optionable
Beta
1.40

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This page (NYSE:AYI) was last updated on 11/21/2024 by MarketBeat.com Staff
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