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