Acuity Brands, Inc. (AYI)
Market Cap | 5.55B |
Revenue (ttm) | 3.95B |
Net Income (ttm) | 346.00M |
Shares Out | 30.95M |
EPS (ttm) | 10.76 |
PE Ratio | 16.66 |
Forward PE | 13.03 |
Dividend | $0.52 (0.29%) |
Ex-Dividend Date | Oct 17, 2023 |
Volume | 117,726 |
Open | 178.20 |
Previous Close | 177.45 |
Day's Range | 176.83 - 179.57 |
52-Week Range | 149.30 - 202.90 |
Beta | 1.45 |
Analysts | Buy |
Price Target | 185.20 (+3.31%) |
Earnings Date | Jan 8, 2024 |
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 2023, Acuity Brands's revenue was $3.95 billion, a decrease of -1.35% compared to the previous year's $4.01 billion. Earnings were $346.00 million, a decrease of -9.90%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for AYI stock is "Buy." The 12-month stock price forecast is $185.2, which is an increase of 3.31% from the latest price.
News

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...

Acuity Brands Reports Fiscal 2023 Fourth-Quarter and Full-Year Results
Continued Execution, Delivering Margin Expansion and EPS Growth with Strong Cash Flow Generation Continued Execution, Delivering Margin Expansion and EPS Growth with Strong Cash Flow Generation

Acuity Brands Declares Quarterly Dividend
Atlanta, Sept. 28, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Acuity Brands, Inc. (NYSE: AYI; "Company") today declared a quarterly dividend of 13 cents per share. The dividend is payable on N...

Acuity Brands to Announce Fiscal 2023 Fourth-Quarter and Full-Year Results on October 4, 2023
ATLANTA, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (the “Company”) today announced that it is planning to release its fiscal 2023 fourth-quarter and full-year earnings results ...

ScanSource Announces Appointment of New Board Member
GREENVILLE, S.C.--(BUSINESS WIRE)--ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, today announced the appointment of Vernon J. Nagel to its Board of Dir...

Acuity Brands: Disappointing Long-Term Valuation
Acuity Brands ( AYI , Financial) is an innovative industrial technology company specializing in providing cutting-edge lighting solutions and advanced building management systems. Acuity Brands' clien...

Acuity Brands Lights Up Opportunity In The Industrial Sector
Acuity Brands NYSE: AYI helped light up an opportunity in the industrial sector when it reported earnings in late June. The industrial sector is 1 of only 5 sectors expected to report earnings growth ...

Acuity Brands Reports Fiscal 2023 Third-Quarter Results
Improved Operating Profit Margin 80 Basis Points Over the Prior Year and Adjusted Operating Profit Margin 100 Basis Points Over the Prior Year Grew Diluted EPS and Adjusted Diluted EPS 7 Percent Over ...

Acuity Brands to Announce Fiscal 2023 Third-Quarter Results on June 29, 2023
ATLANTA, May 25, 2023 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (the “Company”) today announced that it is planning to release its fiscal 2023 third-quarter earnings results on Thursday, Jun...

Acuity and Littelfuse Join the Do-Nothing Club
Some people love stocks that are surging. Others love stocks that have been knocked down.

Acuity Brands to Acquire KE2 Therm
Acquisition extends Distech Controls' addressable market into commercial refrigeration Acquisition extends Distech Controls' addressable market into commercial refrigeration

Acuity Brands Builds Shareholder Value In Dark Times
As troubling as the times are, Acuity Brands (NYSE: AYI) can deliver value to shareholders with inflation still hot and interest rates moving higher. The company's focus on intelligent spaces is helpi...

Acuity Brands Reports Fiscal 2023 Second-Quarter Results
Solid Sales and Margin Expansion Across Both Business Segments

Acuity Brands to Announce Fiscal 2023 Second-Quarter Results on April 4, 2023
ATLANTA, March 01, 2023 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (“Company”) today announced that the Company is planning to release its fiscal 2023 second-quarter earnings results on Tuesd...

Acuity Brands Delcares Quarterly Dividend
Atlanta, Jan. 26, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Acuity Brands, Inc. (NYSE: AYI; "Company") today declared a quarterly dividend of 13 cents per share. The dividend is payable on Fe...

Acuity Brands Reports Fiscal 2023 First-Quarter Results
Solid Start to 2023 with Strong Sales and EPS Growth Solid Start to 2023 with Strong Sales and EPS Growth

Acuity Brands to Announce Fiscal 2023 First Quarter Results on January 9, 2023
ATLANTA, Dec. 06, 2022 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (“Company”) today announced that the Company is planning to release its fiscal 2023 first-quarter earnings results on Monday,...

Acuity Brands Announces 2022 EarthLIGHT Report
Acuity Brands Commits to Achieving Net Zero by 2040 Acuity Brands Commits to Achieving Net Zero by 2040

Acuity Brands Announces Upcoming Retirement of Dominic J. Pileggi and Ray M.
Atlanta, Nov. 17, 2022 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Acuity Brands, Inc. (NYSE: AYI) (the “Company”) announced today the retirement of Dominic J. Pileggi and Ray M. Robin...
Timing to buy cyclicals should center around the Fed, says CAPTRUST's Christian Ledoux
Christian Ledoux, director of investments at CAPTRUST, joins 'The Exchange' to discuss gaming the Fed to optimize cyclical bets, understanding the signals that inform Fed decisions and expectations fo...

Lighting company Acuity Brands beats profit and sales expectations, citing 'strong demand' and pricing capture
Acuity Brands Inc. AYI, +1.38% reported Tuesday fiscal fourth-quarter profit and sales that rose above expectations, citing "strong demand" and an ability to capture price. Shares of the lighting comp...

Acuity Brands Reports Fiscal 2022 Fourth-Quarter and Full-Year Results
Strong Full-Year Performance with Record Net Sales Delivering Operating Profit and Diluted EPS Growth

Acuity Brands Declares Quarterly Dividends
Atlanta, Sept. 29, 2022 (GLOBE NEWSWIRE) -- ATLANTA, September 29, 2022 - The Board of Directors of Acuity Brands, Inc. (NYSE: AYI; "Company") today declared a quarterly dividend of 13 cents per share...

Acuity Brands Announces Election of Michael J. Bender to the Board of Directors
Atlanta, Sept. 29, 2022 (GLOBE NEWSWIRE) -- ATLANTA, September 29, 2022 – Acuity Brands, Inc. (NYSE: AYI) (the “Company”) announced today that, effective September 29, 2022, the Board of Directors (th...

Acuity Brands to Announce Fiscal 2022 Fourth Quarter and Full Year Results on October 4, 2022
Atlanta, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (“Company”) today announced that the Company is planning to release its fiscal 2022 fourth-quarter and full-year earnings re...