Acuity Brands(AYI)
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Acuity Brands: A Bright Spot In A Market Pullback
Seeking Alpha· 2025-04-01 12:47
Core Insights - Acuity Brands (NYSE: AYI) is gaining market attention due to improved margins despite unimpressive topline sales growth [1] - The company is focusing on capital allocation strategies to enhance its financial performance [1] Group 1: Company Performance - Acuity Brands has shown significant improvement in margins, indicating effective management and operational efficiency [1] - The topline sales growth has not been remarkable, suggesting potential challenges in revenue generation [1] Group 2: Investment Opportunities - The investment group "Value In Corporate Events" identifies opportunities in major corporate events such as IPOs, mergers & acquisitions, and earnings reports [1] - The group covers approximately 10 major events monthly, aiming to find the best investment opportunities for its members [1]
What Analyst Projections for Key Metrics Reveal About Acuity Brands (AYI) Q2 Earnings
ZACKS· 2025-03-31 14:15
Core Insights - Acuity Brands (AYI) is expected to report quarterly earnings of $3.67 per share, reflecting a year-over-year increase of 8.6% [1] - Anticipated revenues for the quarter are projected to be $1.03 billion, representing a 13.4% increase compared to the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' projections [1] Revenue Estimates - Analysts forecast that revenues from the Intelligent Spaces Group (ISG) will reach $172.15 million, marking a significant year-over-year increase of 152.8% [4] - The consensus estimate for revenues from Acuity Brands Lighting (ABL) is $861.87 million, indicating a modest year-over-year change of 2.2% [4] Profit Estimates - The consensus estimate for adjusted operating profit from the Intelligent Spaces Group is $25.60 million, up from $14.30 million reported in the same quarter last year [5] - Analysts predict that adjusted operating profit for Acuity Brands Lighting will be $148.14 million, compared to $136.40 million in the previous year [5] Stock Performance - Acuity Brands shares have decreased by 11.8% over the past month, contrasting with a 6.2% decline in the Zacks S&P 500 composite [5] - The company holds a Zacks Rank of 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [5]
Acuity Inc. Declares Quarterly Dividend
Globenewswire· 2025-03-27 20:10
Atlanta, March 27, 2025 (GLOBE NEWSWIRE) -- Acuity Inc. (NYSE: AYI) will pay a quarterly dividend of 17 cents per share. The dividend is payable on May 1, 2025, to shareholders of record on April 18, 2025. About Acuity Acuity Inc. (NYSE: AYI) is a market-leading industrial technology company. We use technology to solve problems in spaces, light and more things to come. Through our two business segments, Acuity Brands Lighting (ABL) and Acuity Intelligent Spaces (AIS), we design, manufacture, and bring to ...
Here Are 4 Stocks to Explore Amid Housing Starts Rebound
ZACKS· 2025-03-19 17:10
After a setback in the first month of 2025, overall housing starts rebounded in February. According to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, the overall housing starts in February climbed 11.2% month over month to 1.501 million units. Although the month’s value indicates a year-over-year decline, the sudden boost since the beginning of the year emanates optimism in the market.Such a boost in the housing starts in February is driven by the low existing home inventor ...
Acuity Positioned for Growth and Compounding Value
GlobeNewswire News Room· 2025-03-12 12:00
ATLANTA, March 12, 2025 (GLOBE NEWSWIRE) -- Acuity Brands, Inc.’s (NYSE: AYI) corporate name is changing from Acuity Brands, Inc. to Acuity Inc. effective March 26, 2025. Acuity will continue to operate through two business segments, Acuity Brands Lighting (ABL) and Acuity Intelligent Spaces (AIS), formerly Intelligent Spaces Group (ISG). We will continue trading on the New York Stock Exchange under the ticker symbol “AYI”. “Acuity is positioned for long term growth. We are innovators, disruptors and builde ...
Acuity Brands to Announce Fiscal 2025 Second-Quarter Results on April 3, 2025
Globenewswire· 2025-03-03 21:15
ATLANTA, March 03, 2025 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (the “Company”) will release fiscal 2025 second quarter results on Thursday, April 3, 2025 at 6:00 a.m. ET, followed by a conference call at 8:00 a.m. ET. Neil Ashe, Chairman, President and Chief Executive Officer of Acuity Brands will lead the call. The webcast, earnings release, and supplemental presentation can be accessed via the Investor Relations section of the Company's website at www.investors.acuitybrands.com on Thursday, A ...
3 Reasons Why Acuity Brands (AYI) Is a Great Growth Stock
ZACKS· 2025-02-17 18:46
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth S ...
Why Is Acuity Brands (AYI) Up 4.8% Since Last Earnings Report?
ZACKS· 2025-02-07 17:31
Core Viewpoint - Acuity Brands reported mixed results for Q1 of fiscal 2025, with earnings exceeding estimates but net sales falling short, indicating a focus on profitability despite sales challenges [2][5]. Financial Performance - Adjusted earnings per share (EPS) for Q1 were $3.97, surpassing the consensus estimate of $3.89 by 2.1% and increasing 6.7% from the previous year [5]. - Net sales reached $951.6 million, slightly missing the consensus mark by 0.04%, but showing a 1.8% improvement year-over-year [5]. - The adjusted operating profit increased 3.1% year-over-year to $158.7 million, with an adjusted operating margin of 16.7%, up 20 basis points [11]. Segment Performance - The Lighting segment, which accounts for the majority of sales, saw a modest increase of 1.1% in quarterly sales to $886 million [6]. - The Intelligent Spaces segment generated net sales of $73.5 million, up 14.5% year-over-year, with an adjusted operating profit of $15.4 million, reflecting a 49.5% increase [8]. Strategic Developments - The acquisition of QSC during the quarter is expected to enhance Acuity's portfolio in Intelligent Spaces, positioning the company for long-term revenue and profit growth [4]. - The company is focusing on product innovation and segmentation strategies to align with customer needs and improve operational efficiency [3]. Future Outlook - For fiscal 2025, Acuity Brands anticipates net sales between $4.3 billion and $4.5 billion, indicating growth from $3.84 billion in fiscal 2024, with adjusted EPS projected in the range of $16.50-$18.00 [14]. - The company plans to prioritize investments in core businesses and M&A opportunities while managing acquisition-related debt [16]. Market Position - Estimates for Acuity Brands have been trending upward, reflecting positive sentiment and expectations for above-average returns in the coming months [19].
Acuity Brands (AYI) Is Up 8.22% in One Week: What You Should Know
ZACKS· 2025-01-27 18:00
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: Acuity Brands (AYI) - Acuity Brands currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating strong potential for performance [3][4]. - The stock has shown significant price movement, with an 8.22% increase over the past week, while the Zacks Building Products - Lighting industry has decreased by 0.29% during the same period [6]. - Over the last three months, AYI shares have risen by 9.34%, and over the past year, they have increased by 40.11%, outperforming the S&P 500's gains of 5.33% and 26.85%, respectively [7]. Trading Volume and Market Position - AYI's average 20-day trading volume is 318,469 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In the past two months, two earnings estimates for AYI have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from $16.67 to $16.90 [10]. - For the next fiscal year, one estimate has moved upwards with no downward revisions, indicating a positive earnings outlook [10]. Conclusion - Given the positive momentum indicators and earnings outlook, Acuity Brands is positioned as a strong buy candidate for investors seeking short-term opportunities [12].
Acuity Brands Announces Increase in Quarterly Dividend
Globenewswire· 2025-01-23 21:05
Core Viewpoint - Acuity Brands, Inc. has announced a 13% increase in its quarterly dividend, raising it from 15 cents to 17 cents per share, effective February 14, 2025 [1] Company Overview - Acuity Brands, Inc. is a market-leading industrial technology company focused on solving problems in spaces and lighting through innovative technology [2] - The company operates through two main segments: Acuity Brands Lighting and Acuity Intelligent Spaces, providing products and services that enhance people's lives [2] Growth Strategy - The company aims to achieve growth by developing innovative products and services, including lighting, lighting controls, and building management solutions [3] - Acuity Brands focuses on customer-centric efficiencies to increase market share and deliver superior returns [3] - The company plans to aggressively deploy capital to expand its business and enter attractive new verticals [3] Operational Footprint - Acuity Brands is headquartered in Atlanta, Georgia, with operations across North America, Europe, and Asia [4] - The company employs approximately 13,000 dedicated associates [4]