Acuity Brands, Inc. (AYI)

NYSE: AYI · Real-Time Price · USD
315.62
-1.33 (-0.42%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.42%
Market Cap 9.65B
Revenue (ttm) 3.84B
Net Income (ttm) 422.60M
Shares Out 30.56M
EPS (ttm) 13.44
PE Ratio 23.48
Forward PE 18.75
Dividend $0.60 (0.19%)
Ex-Dividend Date Oct 18, 2024
Volume 195,764
Open 318.33
Previous Close 316.95
Day's Range 314.97 - 319.06
52-Week Range 176.93 - 337.99
Beta 1.40
Analysts Hold
Price Target 324.00 (+2.66%)
Earnings Date Jan 7, 2025

About AYI

Acuity Brands, Inc. provides lighting, lighting controls, building management system, location-aware applications in the United States and internationally. The company operates in two segments, Acuity Brands Lighting and Lighting Controls (ABL); and the Intelligent Spaces Group (ISG). The ABL segment provides commercial, architectural, and specialty lighting solutions, as well as lighting controls and components for various indoor and outdoor applications under the A-Light, Aculux, American Electric Lighting, Cyclone, Dark to Light, eldoLED, Eu... [Read more]

Sector Industrials
Founded 2001
Employees 13,200
Stock Exchange NYSE
Ticker Symbol AYI
Full Company Profile

Financial Performance

In 2024, Acuity Brands's revenue was $3.84 billion, a decrease of -2.81% compared to the previous year's $3.95 billion. Earnings were $422.60 million, an increase of 22.14%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for AYI stock is "Hold." The 12-month stock price forecast is $324.0, which is an increase of 2.66% from the latest price.

Price Target
$324.0
(2.66% upside)
Analyst Consensus: Hold
Stock Forecasts

News

QSC, LLC to Be Acquired by Acuity Brands

COSTA MESA, Calif.--(BUSINESS WIRE)-- #qsys--Acuity acquires QSC, LLC, expanding into Cloud-Manageable Audio, Video & Controls, enhancing spaces with smarter, safer, and greener technologies.

27 days ago - Business Wire

Acuity Announces Agreement to Acquire QSC, LLC

Expanding Intelligent Spaces Addressable Market into Cloud-Manageable Audio, Video & Control Platform with Broad Applications Expanding Intelligent Spaces Addressable Market into Cloud-Manageable Audi...

27 days ago - GlobeNewsWire

Acuity Brands: Growth Is Finally Coming Back Online

I reiterate my buy rating for Acuity Brands, Inc. due to expected near-term growth supported by strong data points and a solid balance sheet. AYI's 4Q24 results showed revenue of $1.03 billion, driven...

6 weeks ago - Seeking Alpha

AYI: Why Acuity Brands Stock is Moving Today

The stock of Acuity Brands (AYI, Financial) saw an upswing today as its price reached $303.79, marking a 1.93% increase. This boost comes on the heels of the company releasing impressive fiscal fourth...

6 weeks ago - GuruFocus

Acuity Brands, Inc. (AYI) Q4 2024 Earnings Call Transcript

Acuity Brands, Inc. (NYSE:AYI) Q4 2024 Earnings Conference Call October 1, 2024 8:00 AM ET Company Participants Charlotte McLaughlin - VP, IR Neil Ashe - Chairman, President & CEO Karen Holcom - SVP ...

7 weeks ago - Seeking Alpha

Acuity Brands Reports Fiscal 2024 Fourth-Quarter and Full-Year Results

Strong Execution in the Fourth-Quarter Delivered Net Sales Growth, Margin Expansion, and Higher EPS with Significant Cash Flow Generation Strong Execution in the Fourth-Quarter Delivered Net Sales Gro...

7 weeks ago - GlobeNewsWire

Acuity Brands Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Acuity Brands, Inc. AYI will release earnings results for its fourth quarter, before the opening bell on Tuesday, Oct. 1.

7 weeks ago - Benzinga

Acuity Brands Declares Quarterly Dividend

Atlanta, Sept. 26, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Acuity Brands, Inc. (NYSE: AYI; "Company") today declared a quarterly dividend of 15 cents per share. The dividend is payable on N...

7 weeks ago - GlobeNewsWire

Acuity Brands: Inching Closer To An Upgrade As Earnings Near

Acuity Brands' revenue continues to decline, but bottom line metrics like net income and EBITDA show improvement, driven by a strong net cash position. Despite better-than-expected earnings, the stock...

2 months ago - Seeking Alpha

Acuity Brands to Announce Fiscal 2024 Fourth-Quarter and Full-Year Results on October 1, 2024

Atlanta, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Acuity Brands to Announce Fiscal 2024 Fourth-Quarter and Full-Year Results on October 1, 2024

2 months ago - GlobeNewsWire

Acuity Brands Appoints Sach Sankpal to Lead Lighting Business

ATLANTA, July 30, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (“Acuity”), a market-leading industrial technology company, announced that Sach Sankpal, SVP and Chief Growth and Transformat...

4 months ago - GlobeNewsWire

Acuity Brands: Growth Should Recover In The Coming Quarters

Temporary growth slowdown is due to labor shortages and tough y/y comps. AYI's healthy backlog and macro data suggest demand remains healthy. Despite negative growth, AYI continues to show solid margi...

5 months ago - Seeking Alpha

Acuity Brands, Inc. (AYI) Q3 2024 Earnings Call Transcript

Acuity Brands, Inc. (NYSE:AYI) Q3 2024 Earnings Conference Call June 27, 2024 8:00 AM ET Company Participants Charlotte McLaughlin - VP, IR Neil Ashe - Chairman, President & CEO Karen Holcom - SVP & ...

5 months ago - Seeking Alpha

Acuity Brands Reports Fiscal 2024 Third-Quarter Results

Solid Execution Delivers Operating Margin Expansion, EPS Growth and Strong Operating Cash Flow Solid Execution Delivers Operating Margin Expansion, EPS Growth and Strong Operating Cash Flow

5 months ago - GlobeNewsWire

Acuity Brands to Announce Fiscal 2024 Third Quarter Results on June 27, 2024

ATLANTA, May 30, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (the “Company”) today announced that it is planning to release its fiscal 2024 third quarter results on Thursday, June 27, 202...

6 months ago - GlobeNewsWire

Acuity Brands: Scalable Business Attracts Analysts, Thanks To AI And Growth

Acuity Brands has a scalable business model and is targeting a double-digit growing market. Recent acquisitions indicate potential inorganic growth for AYI. The incorporation of artificial intelligenc...

8 months ago - Seeking Alpha

Acuity Brands, Inc. (AYI) Q2 2024 Earnings Call Transcript

Acuity Brands, Inc. (NYSE:AYI) Q2 2024 Results Conference Call April 3, 2024 8:00 AM ET Company Participants Charlotte McLaughlin - Vice President of Investor Relations Neil Ashe - Chairman, Presiden...

8 months ago - Seeking Alpha

Acuity Brands beats on profit but second-quarter sales fall short of estimates

Acuity Brands Inc.'s stock fell 1.6% early Wednesday, after the lighting and lighting-controls company reported fiscal-second-quarter sales

8 months ago - Market Watch

Acuity Brands Reports Fiscal 2024 Second-Quarter Results

Delivered Net Sales of $906M , a 4% Decline Compared to the Prior Year Grew Operating Profit to $118M , up 6% Over the Prior Year; Adjusted Operating Profit of $140M , up 6% Over the Prior Year Report...

8 months ago - GlobeNewsWire

Acuity Brands to Announce Fiscal 2024 Second Quarter Results on April 3, 2024

ATLANTA, March 06, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (the “Company”) today announced that it is planning to release its fiscal 2024 second quarter results on Wednesday, April 3,...

9 months ago - GlobeNewsWire

Acuity Brands Announces Increase in Quarterly Dividend and Increase in Share Repurchase Authorization

ATLANTA, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (the “Company”), a market leading industrial technology company, today announced that its Board of Directors (the “Board”) in...

10 months ago - GlobeNewsWire

Acuity Brands, Inc. (AYI) Q1 2024 Earnings Call Transcript

Acuity Brands, Inc. (AYI) Q1 2024 Earnings Call Transcript

11 months ago - Seeking Alpha

Acuity Brands Reports Fiscal 2024 First-Quarter Results

Delivered Net Sales of $935M , a 6% Decline Compared to the Prior Year Grew Operating Profit to $133M , up 22% Over the Prior Year; Adjusted Operating Profit of $154M , up 10% Over the Prior Year Repo...

11 months ago - GlobeNewsWire

Acuity Brands to Announce Fiscal 2024 First-Quarter Results on January 9, 2024

ATLANTA, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (the “Company”) today announced that it is planning to release its fiscal 2024 first-quarter results on Tuesday, January 9, 2...

1 year ago - GlobeNewsWire

Acuity Brands Announces 2023 EarthLIGHT Report

ATLANTA, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Today, Acuity Brands, Inc. (NYSE: AYI) ("Acuity"), a market-leading industrial technology company, released its annual EarthLIGHT Report highlighting many of...

1 year ago - GlobeNewsWire