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

Core Insights - Zacks Premium provides various tools for investors to enhance their stock market engagement and confidence [1][2] Zacks Style Scores - Zacks Style Scores are indicators that assist investors in selecting stocks likely to outperform the market within 30 days, rated from A to F based on value, growth, and momentum characteristics [3][4][5][6][7] Value Score - The Value Score identifies attractive and discounted stocks using ratios like P/E, PEG, Price/Sales, and Price/Cash Flow [4] Growth Score - The Growth Score focuses on a company's financial health and future outlook, analyzing projected and historical earnings, sales, and cash flow for sustainable growth [5] Momentum Score - The Momentum Score helps investors capitalize on price or earnings trends, utilizing factors like one-week price change and monthly earnings estimate changes [6] VGM Score - The VGM Score combines the three Style Scores to identify companies with the best value, growth forecasts, and momentum, serving as a strong indicator alongside the Zacks Rank [7] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks averaging a +23.64% annual return since 1988, significantly outperforming the S&P 500 [8][9] Stock Selection Strategy - To maximize returns, investors should target stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B, while stocks with a 3 rank should also have high Style Scores for potential upside [11][12] Company Spotlight: Acuity, Inc. - Acuity, Inc., based in Atlanta, GA, is the parent company of Acuity Brands Lighting, manufacturing lighting fixtures and related components for various applications [13] - Acuity holds a Zacks Rank of 2 (Buy) with a VGM Score of B, and a Growth Style Score of B, indicating a projected year-over-year earnings growth of 12.5% for the current fiscal year [14] - The Zacks Consensus Estimate for Acuity's earnings has increased by $0.10 to $17.51 per share, with an average earnings surprise of +5.6% [14][15]