Why Acuity Brands (AYI) is a Top Momentum Stock for the Long-Term

Core Insights - Zacks Premium provides tools for investors to enhance their stock market strategies, including daily updates on Zacks Rank and Style Scores [1][4] - The Zacks Style Scores categorize stocks into Value, Growth, Momentum, and VGM Scores, aiding investors in selecting stocks with the potential to outperform the market [2][3] Zacks Style Scores - Value Score: Focuses on identifying undervalued stocks using financial ratios like P/E and Price/Sales [2] - Growth Score: Evaluates a company's financial health and future growth potential through earnings and sales projections [2] - Momentum Score: Targets stocks with upward price trends, utilizing recent price changes and earnings estimate shifts [2] - VGM Score: Combines Value, Growth, and Momentum Scores to highlight stocks with the best overall potential [3] Zacks Rank - The Zacks Rank is a proprietary model based on earnings estimate revisions, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [4] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal returns [5] Company Spotlight: Acuity Brands (AYI) - Acuity Brands, headquartered in Atlanta, GA, specializes in manufacturing and distributing lighting fixtures and related components [6] - AYI holds a Zacks Rank of 3 (Hold) with a VGM Score of A and a Momentum Style Score of B, having seen a 5.4% increase in shares over the past four weeks [6][7] - Recent earnings estimates for AYI have been revised upward, with the Zacks Consensus Estimate increasing by $0.35 to $14.79 per share, and an average earnings surprise of 13.9% [6]