AYI: Why Acuity Brands Stock is Moving Today

Core Insights - Acuity Brands' stock price increased by 1.93% to $303.79 following strong fiscal fourth-quarter 2024 results, boosting investor confidence [1] - The company reported revenues of $1.03 billion and adjusted earnings per share (EPS) of $4.30, surpassing analyst expectations [1] - Operating cash flow increased by 7% year-over-year, leading to a free cash flow growth of $555.2 million for the fiscal year [1] - Forward guidance for 2025 suggests net sales between $3.9 billion and $4.1 billion and adjusted EPS ranging from $16 to $17.50, improving from last year's figures [1] Financial Performance - The stock has a P/E ratio of 22.6 and a Price-to-Book (PB) ratio of 3.93, indicating a valuation perspective [2] - The GF Value estimate is $201.98, categorizing the stock as "Significantly Overvalued" [2] - The Altman Z-Score is 5.7 and the Piotroski F-Score is 8, reflecting strong financial health and low risk of manipulation [2] - The stock has seen a 69.27% increase over the past 52 weeks, although it is nearing a 10-year high [2] - The Free Cash Flow Yield stands at 5.94% and the Operating Margin is 14.35%, supporting positive momentum [2]