Acuity Brands(US:AYI) Zacks Investment Researchยท2024-01-25 14:31Group 1 - Acuity Brands, Inc (AYI) is positioned well in the Building Products - Lighting industry, which has a Zacks Industry Rank of 12 out of over 250 industries, indicating strong overall performance [1][2] - The company has experienced positive earnings estimate revisions, with current quarter estimates increasing from $2.97 to $3.11 per share and current year estimates rising from $13.39 to $14.44 per share [2] - AYI has achieved a Zacks Rank 1 (Strong Buy), reflecting analysts' growing bullish sentiment regarding the company's short and long-term prospects [2] Group 2 - The Building Products - Lighting industry is benefiting from broad trends that are positively impacting securities across the sector, suggesting a favorable environment for investments [1] - Acuity Brands is highlighted as a strong pick within this robust industry, making it an attractive option for investors seeking opportunities in this segment [2]