lighting controls
Search documents
Acuity to Announce Fiscal 2026 Second-Quarter Results on April 2, 2026
Globenewswire· 2026-02-27 21:15
Core Viewpoint - Acuity Inc. is set to release its fiscal 2026 second-quarter results on April 2, 2026, with a conference call led by CEO Neil Ashe [1]. Company Overview - Acuity Inc. (NYSE: AYI) is a leading industrial technology company focused on solving problems related to spaces and lighting through innovative products and services [3]. - The company operates through two main segments: Acuity Brands Lighting (ABL) and Acuity Intelligent Spaces (AIS) [3]. - Acuity Inc. is headquartered in Atlanta, Georgia, and has a workforce of approximately 13,000 associates across North America, Europe, and Asia [5]. Growth Strategy - The company aims for growth by developing innovative products and services, including lighting, lighting controls, building management solutions, and an audio, video, and control platform [4]. - Acuity focuses on customer outcomes to drive growth and productivity, thereby increasing market share and delivering superior returns [4]. - The company plans to aggressively deploy capital to expand its business and enter attractive new verticals [4].
Acuity (AYI) is a Top-Ranked Momentum Stock: Should You Buy?
ZACKS· 2026-02-18 15:50
Core Insights - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores are designed to help investors identify stocks with the highest potential to outperform the market in the short term [2] Zacks Style Scores Overview - The Style Scores consist of four categories: Value Score, Growth Score, Momentum Score, and VGM Score, each targeting different investment strategies [3][4][5][6] - The Value Score focuses on identifying undervalued stocks using financial ratios [3] - The Growth Score assesses a company's financial health and future growth potential [4] - The Momentum Score capitalizes on price trends and earnings outlook changes [5] - The VGM Score combines all three styles to identify stocks with the best overall characteristics [6] Zacks Rank and Performance - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to guide investment decisions [7] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +23.86% since 1988, significantly outperforming the S&P 500 [8] - There are over 800 top-rated stocks available, making it essential for investors to utilize Style Scores for better selection [9] Stock Example: Acuity, Inc. - Acuity, Inc. is a manufacturer and distributor of lighting fixtures and related components, headquartered in Atlanta, GA [12] - The company currently holds a 3 (Hold) rating on the Zacks Rank, with a VGM Score of A and a Momentum Style Score of B [13] - Acuity's shares have increased by 0.5% over the past four weeks, and two analysts have raised their earnings estimates for fiscal 2026 [13] - The Zacks Consensus Estimate for Acuity's earnings has risen to $19.75 per share, with an average earnings surprise of +8% [13] - Given its solid Zacks Rank and favorable Style Scores, Acuity is recommended for investors' consideration [14]
Acuity Inc (AYI) Has Strong Upside Despite Target Price Cut
Yahoo Finance· 2026-01-24 05:31
Group 1 - Acuity Inc. (NYSE:AYI) is considered one of the 10 most undervalued industrial stocks to buy according to analysts [1] - Christopher Snyder from Morgan Stanley reduced the price target for Acuity Inc. from $425 to $410 while maintaining a Buy rating, noting that the company exceeded fiscal Q1 EPS expectations [1] - Despite a 13% drop in shares due to weaker margins in the ABL segment, the pullback is seen as an attractive entry point for investors [1] Group 2 - Baird analyst Timothy Wojs also lowered the price target for Acuity from $408 to $375 while reiterating a Buy rating, citing modest upside in the first-quarter results [2] - The financial model was updated following a slight positive surprise in Acuity's first-quarter results, but higher expectations led to the revision of the price target [2] Group 3 - Acuity Inc. operates as a provider of building management systems, lighting, lighting controls, and an audio, video, and control platform [3] - The company has two main segments: Acuity Intelligent Spaces (AIS) and Acuity Brands Lighting (ABL) [3]
Acuity Reports Fiscal 2026 First-Quarter Results
Globenewswire· 2026-01-08 11:00
Core Insights - Acuity Inc. reported net sales of $1.1 billion for the first quarter of fiscal 2026, marking a 20.2% increase compared to the previous year [1][10] - The company achieved an operating profit of $160.4 million, up 20.3% year-over-year, with an adjusted operating profit of $196.3 million, reflecting a 23.7% increase [2][10] - Diluted earnings per share rose to $3.82, a 14.0% increase, while adjusted diluted earnings per share reached $4.69, up 18.1% [3][10] Financial Performance - Net sales for Acuity Brands Lighting (ABL) were $895.1 million, a 1.0% increase from the prior year [4][10] - ABL's operating profit was $149.0 million, a 4.0% increase, with an operating profit margin of 16.6% [5][10] - Acuity Intelligent Spaces (AIS) generated net sales of $257.4 million, a significant increase of 250.2% compared to the previous year [6][10] Cash Flow and Capital Allocation - The company reported net cash from operating activities of $140.8 million for the first three months of fiscal 2026 [8][10] - Acuity repurchased approximately 77,000 shares for around $28 million and repaid $100 million of term-loan borrowings during the quarter [8][10] Segment Performance - ABL's adjusted operating profit was $159.8 million, up 4.1%, with an adjusted operating profit margin of 17.9% [5][10] - AIS's adjusted operating profit reached $56.6 million, a substantial increase of 267.5%, with an adjusted operating profit margin of 22.0% [7][10] Overall Company Strategy - Acuity Inc. focuses on innovative product development and effective capital allocation to drive growth and enhance market share [12][13]
Acuity to Announce Fiscal 2026 First-Quarter Results on January 8, 2026
Globenewswire· 2025-12-01 21:15
Core Viewpoint - Acuity Inc. is set to release its fiscal 2026 first-quarter results on January 8, 2026, with a conference call led by CEO Neil Ashe [1]. Company Overview - Acuity Inc. (NYSE: AYI) is a leading industrial technology company focused on solving problems related to spaces and lighting through innovative products and services [3]. - The company operates through two main segments: Acuity Brands Lighting (ABL) and Acuity Intelligent Spaces (AIS) [3]. Growth Strategy - Acuity aims to achieve growth by developing innovative products and services, including lighting, lighting controls, building management solutions, and an audio, video, and control platform [4]. - The company emphasizes customer outcomes to drive growth and productivity, aiming to increase market share and deliver superior returns [4]. - Acuity plans to aggressively deploy capital to expand its business and enter attractive new verticals [4]. Operational Footprint - Acuity Inc. is headquartered in Atlanta, Georgia, and has operations across North America, Europe, and Asia, supported by approximately 13,000 associates [5].
Acuity to Announce Fiscal 2025 Fourth-Quarter and Full-Year Results on October 1, 2025
Globenewswire· 2025-08-28 21:15
Core Viewpoint - Acuity Inc. is set to release its fiscal 2025 fourth-quarter and full-year results on October 1, 2025, with a conference call led by CEO Neil Ashe [1]. Company Overview - Acuity Inc. (NYSE: AYI) is a leading industrial technology company focused on solving problems related to spaces, light, and more through its two business segments: Acuity Brands Lighting (ABL) and Acuity Intelligent Spaces (AIS) [3]. - The company emphasizes the development of innovative products and services, including lighting, lighting controls, building management solutions, and an audio, video, and control platform [4]. - Acuity Inc. operates globally, with a presence in North America, Europe, and Asia, supported by approximately 13,000 associates [5].
Why Acuity (AYI) is a Top Value Stock for the Long-Term
ZACKS· 2025-08-08 14:41
Core Insights - The Zacks Premium service provides tools for investors to enhance their stock market engagement and confidence [1][2] Zacks Style Scores - Zacks Style Scores are indicators that help investors select stocks likely to outperform the market in the next 30 days, rated from A to F based on value, growth, and momentum characteristics [3] - The Style Scores consist of four categories: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [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 assesses a company's financial strength and future outlook based on projected and historical earnings, sales, and cash flow [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 all three Style Scores, providing a comprehensive indicator for evaluating stocks based on value, growth, and momentum [7] Zacks Rank - The Zacks Rank is a proprietary stock-rating model that leverages earnings estimate revisions to guide investors in portfolio creation, with 1 (Strong Buy) stocks averaging a +23.75% annual return since 1988, outperforming the S&P 500 [8] - There are over 800 top-rated stocks available, making it essential to use Style Scores to narrow down choices [9] Stock to Watch: Acuity, Inc. (AYI) - Acuity, Inc. is headquartered in Atlanta, GA, and manufactures lighting fixtures and related components [12] - AYI holds a 3 (Hold) Zacks Rank with a VGM Score of A and a Value Style Score of B, featuring a forward P/E ratio of 17.5 [13] - Recent earnings estimates for fiscal 2025 have been revised higher, with the Zacks Consensus Estimate increasing by $0.38 to $17.41 per share, and an average earnings surprise of +5.6% [13] - With a solid Zacks Rank and strong Value and VGM Style Scores, AYI is recommended for investors [14]
Here's Why Acuity (AYI) is a Strong Momentum Stock
ZACKS· 2025-08-07 14:50
Company Overview - Acuity, 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 [11]. Investment Ratings - Acuity, Inc. currently holds a 3 (Hold) rating on the Zacks Rank, with a VGM Score of A. This indicates a solid position in the market, although it is not classified as a strong buy [12]. - The company has a Momentum Style Score of B, reflecting positive price movement, with shares increasing by 1.7% over the past four weeks [12]. Earnings Estimates - In the last 60 days, five analysts have revised their earnings estimates upwards for fiscal 2025, leading to an increase in the Zacks Consensus Estimate by $0.38 to $17.41 per share [12]. - Acuity, Inc. has demonstrated an average earnings surprise of +5.6%, indicating a history of exceeding earnings expectations [12]. Investment Considerations - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, Acuity, Inc. is recommended to be on investors' short lists for potential investment opportunities [13].
Why Acuity (AYI) is a Top Growth Stock for the Long-Term
ZACKS· 2025-07-17 14:46
Core Insights - Zacks Premium provides tools for investors to enhance their stock market engagement and confidence, including daily updates, research reports, and stock screens [1][2] Zacks Style Scores - Zacks Style Scores are indicators designed to help investors select stocks likely to outperform the market within 30 days, rated from A to F based on value, growth, and momentum [3] - The Value Score focuses on identifying undervalued stocks using financial ratios like P/E and Price/Sales [4] - The Growth Score assesses a company's financial health and future outlook through projected earnings and sales [5] - The Momentum Score identifies optimal times to invest based on price trends and earnings estimate changes [6] - The VGM Score combines all three Style Scores, providing a comprehensive evaluation of stocks based on value, growth, and momentum [7] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors, with 1 (Strong Buy) stocks achieving an average annual return of +23.62% since 1988, significantly outperforming the S&P 500 [8] - There are over 800 stocks rated 1 or 2, making it essential for investors to utilize Style Scores to narrow down choices [9] - To maximize returns, investors should target stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [10] Stock to Watch: Acuity, Inc. - Acuity, Inc., based in Atlanta, GA, manufactures and distributes lighting fixtures and related components, focusing on energy efficiency and comfort [12] - Acuity is rated 3 (Hold) with a VGM Score of A and a Growth Style Score of B, indicating potential for growth with an 11.9% year-over-year earnings growth forecast [13] - Recent earnings estimates for Acuity have been revised upward, with the Zacks Consensus Estimate increasing by $0.38 to $17.41 per share, alongside an average earnings surprise of +5.6% [13][14]
Here's Why Acuity (AYI) is a Strong Value Stock
ZACKS· 2025-07-04 14:40
Group 1: Zacks Premium and Style Scores - Zacks Premium offers various tools for investors to enhance their stock market strategies, including daily updates on Zacks Rank and Industry Rank, Equity Research reports, and Premium stock screens [1] - The Zacks Style Scores are complementary indicators that rate stocks based on value, growth, and momentum characteristics, helping investors identify stocks likely to outperform the market in the next 30 days [2][3] Group 2: Value, Growth, and Momentum Scores - The Value Score focuses on identifying undervalued stocks using ratios like P/E, PEG, and Price/Sales, appealing to value investors [3] - The Growth Score assesses a company's financial strength and future outlook, analyzing projected and historical earnings, sales, and cash flow to find sustainable growth stocks [4] - The Momentum Score identifies optimal times to invest based on price trends and earnings estimate changes, catering to momentum traders [5] Group 3: VGM Score and Zacks Rank - The VGM Score combines Value, Growth, and Momentum Scores, providing a comprehensive indicator for investors seeking a balanced approach [6] - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to guide investors, with 1 (Strong Buy) stocks achieving an average annual return of +23.62% since 1988, significantly outperforming the S&P 500 [7][8] Group 4: Stock Analysis - Acuity, Inc. - Acuity, Inc., headquartered in Atlanta, GA, manufactures and distributes lighting fixtures and related components, focusing on energy efficiency and comfort for various applications [11] - Acuity has a Zacks Rank of 3 (Hold) and a VGM Score of A, with a Value Style Score of B, supported by a forward P/E ratio of 17.61, making it attractive for value investors [12] - Recent upward revisions in earnings estimates and a Zacks Consensus Estimate increase of $0.31 to $17.34 per share indicate positive momentum for Acuity [12][13]