Acuity Brands (AYI) is a Top-Ranked Momentum Stock: Should You Buy?

Company Overview - Acuity Brands, Inc. is headquartered in Atlanta, GA, and is the parent company of Acuity Brands Lighting, Inc. It manufactures and distributes lighting fixtures and related components, including luminaries, lighting controls, and integrated systems designed for energy efficiency and comfort in various applications [6]. Investment Insights - Acuity Brands has a Zacks Rank of 2 (Buy) and a VGM Score of B, indicating a favorable investment outlook [6]. - The company has a Momentum Style Score of B, with shares increasing by 19.4% over the past four weeks [6]. - For fiscal 2025, three analysts have revised their earnings estimates upwards in the last 60 days, with the Zacks Consensus Estimate increasing by $0.16 to $16.66 per share [6]. - Acuity Brands has an average earnings surprise of 8.2%, suggesting strong performance relative to expectations [6]. Style Scores and Zacks Rank - The Zacks Rank is a proprietary stock-rating model that utilizes earnings estimate revisions to assist investors in building successful portfolios. Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [4]. - The Style Scores, which include Value, Growth, Momentum, and VGM Scores, are designed to complement the Zacks Rank, helping investors identify stocks with the best chances of outperforming the market [2][3][5].