Acuity Brands Stock Today

AYI Stock  USD 268.73  1.14  0.43%   

Performance

18 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Acuity Brands is trading at 268.73 as of the 28th of March 2024. This is a 0.43% increase since the beginning of the trading day. The stock's open price was 267.59. Acuity Brands has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Acuity Brands are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
3rd of December 2001
Category
Industrials
Acuity Brands, Inc. provides lighting and building management solutions in North America and internationally. Acuity Brands, Inc. was incorporated in 2001 and is headquartered in Atlanta, Georgia. Acuity Brands operates under Electrical Equipment Parts classification in the United States and is traded on New York Stock Exchange. The company has 30.82 M outstanding shares of which 940.94 K shares are presently shorted by investors with about 4.79 days to cover. More on Acuity Brands

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Acuity Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Acuity Brands' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Acuity Brands or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Acuity Brands' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Acuity Brands' managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEONeil Ashe
Thematic IdeaElectrical Equipment (View all Themes)
Business ConcentrationElectrical Components & Equipment, Electrical Equipment & Parts, Industrials, NYSE Composite, SP Midcap 400, Electrical Equipment, Industrials, Electrical Equipment, Electrical Equipment & Parts, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Acuity Brands report their recommendations after researching Acuity Brands' financial statements, talking to executives and customers, or listening in on Acuity Brands' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Acuity Brands. The Acuity consensus assessment is calculated by taking the average forecast from all of the analysts covering Acuity Brands.
Financial Strength
Based on the key indicators related to Acuity Brands' liquidity, profitability, solvency, and operating efficiency, Acuity Brands is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. Financial strength of Acuity Brands is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.0610.0914
Way Down
Slightly volatile
Asset Turnover1.41.33
Sufficiently Up
Very volatile
Gross Profit Margin0.330.39
Fairly Down
Slightly volatile
Total Current Liabilities547.4 M684.7 M
Significantly Down
Slightly volatile
Non Current Liabilities Total613.1 M917.4 M
Way Down
Slightly volatile
Total Assets2.3 B3.9 B
Way Down
Slightly volatile
Total Current Assets1.1 B1.6 B
Way Down
Slightly volatile
Total Cash From Operating Activities698.1 M664.8 M
Sufficiently Up
Slightly volatile
Acuity Brands' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Acuity Brands' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Acuity Brands' financial leverage. It provides some insight into what part of Acuity Brands' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Acuity Brands' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Acuity Brands deploys its capital and how much of that capital is borrowed.
Liquidity
Acuity Brands cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 495.6 M in debt with debt to equity (D/E) ratio of 0.31, which is OK given its current industry classification. Acuity Brands has a current ratio of 1.96, which is typical for the industry and considered as normal. Debt can assist Acuity Brands until it has trouble settling it off, either with new capital or with free cash flow. So, Acuity Brands' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Acuity Brands sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Acuity to invest in growth at high rates of return. When we think about Acuity Brands' use of debt, we should always consider it together with cash and equity.

Total Cash From Financing Activities

(267.53 Million)
Acuity Brands (AYI) is traded on New York Stock Exchange in USA. It is located in 1170 Peachtree Street, N.E., Atlanta, GA, United States, 30309-7673 and employs 12,200 people. Acuity Brands is listed under Electrical Components & Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 8.25 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Acuity Brands's market, we take the total number of its shares issued and multiply it by Acuity Brands's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Acuity Brands runs under Electrical Equipment sector within Industrials industry. The entity has 30.82 M outstanding shares of which 940.94 K shares are presently shorted by investors with about 4.79 days to cover. Acuity Brands has about 397.9 M in cash with 578.1 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.03.
Check Acuity Brands Probability Of Bankruptcy
Ownership Allocation
Acuity Brands retains a total of 30.82 Million outstanding shares. The majority of Acuity Brands outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Acuity Brands to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Acuity Brands. Please pay attention to any change in the institutional holdings of Acuity Brands as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Acuity Ownership Details

Acuity Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of Acuity Brands jumping above the current price in 90 days from now is about 6.15%. The Acuity Brands probability density function shows the probability of Acuity Brands stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Acuity Brands has a beta of 0.6769. This suggests as returns on the market go up, Acuity Brands average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Acuity Brands will be expected to be much smaller as well. Additionally, acuity Brands has an alpha of 0.3533, implying that it can generate a 0.35 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 268.73HorizonTargetOdds Above 268.73
93.80%90 days
 268.73 
6.15%
Based on a normal probability distribution, the odds of Acuity Brands to move above the current price in 90 days from now is about 6.15 (This Acuity Brands probability density function shows the probability of Acuity Stock to fall within a particular range of prices over 90 days) .

Acuity Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Acuity Brands that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Acuity Brands' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Acuity Brands' value.
InstituionRecorded OnShares
Cooke & Bieler Lp2023-12-31
602.6 K
Geode Capital Management, Llc2023-12-31
535.4 K
Lsv Asset Management2023-12-31
517.3 K
Aqr Capital Management Llc2023-12-31
456.9 K
Fidelity International Ltd2023-12-31
427 K
Pzena Investment Management, Llc2023-12-31
425.5 K
Sound Shore Management Inc2023-12-31
347.5 K
Allen Operations Llc2023-12-31
344.1 K
Norges Bank2023-12-31
335.3 K
Fmr Inc2023-12-31
3.5 M
Vanguard Group Inc2023-12-31
3.2 M
View Acuity Brands Diagnostics

Acuity Brands Historical Income Statement

Acuity Brands Income Statement is one of the three primary financial statements used for reporting Acuity's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Acuity Brands revenue and expense. Acuity Brands Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Acuity Brands' Net Income Applicable To Common Shares is increasing as compared to previous years. The Acuity Brands' current Net Income is estimated to increase to about 417.8 M, while Total Revenue is projected to decrease to under 2.9 B. View More Fundamentals

Acuity Stock Against Markets

Picking the right benchmark for Acuity Brands stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Acuity Brands stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Acuity Brands is critical whether you are bullish or bearish towards Acuity Brands at a given time. Please also check how Acuity Brands' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Acuity Brands without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Acuity Brands Corporate Directors

Acuity Brands corporate directors refer to members of an Acuity Brands board of directors. The board of directors generally takes responsibility for the Acuity Brands' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Acuity Brands' board members must vote for the resolution. The Acuity Brands board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Julia NorthIndependent DirectorProfile
Gordon HarnettIndependent DirectorProfile
Maya LeibmanIndependent DirectorProfile
James HanceLead Independent DirectorProfile

How to buy Acuity Stock?

Before investing in Acuity Brands, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Acuity Brands. To buy Acuity Brands stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Acuity Brands. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Acuity Brands stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Acuity Brands stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Acuity Brands stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Acuity Brands, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Acuity Stock please use our How to Invest in Acuity Brands guide.

Already Invested in Acuity Brands?

The danger of trading Acuity Brands is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Acuity Brands is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Acuity Brands. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Acuity Brands is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Acuity Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Acuity Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Acuity Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acuity Brands Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acuity Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more detail on how to invest in Acuity Stock please use our How to Invest in Acuity Brands guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Acuity Brands' price analysis, check to measure Acuity Brands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Acuity Brands is operating at the current time. Most of Acuity Brands' value examination focuses on studying past and present price action to predict the probability of Acuity Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acuity Brands' price. Additionally, you may evaluate how the addition of Acuity Brands to your portfolios can decrease your overall portfolio volatility.
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Is Acuity Brands' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Acuity Brands. If investors know Acuity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Acuity Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.402
Dividend Share
0.52
Earnings Share
11.67
Revenue Per Share
123.538
Quarterly Revenue Growth
(0.06)
The market value of Acuity Brands is measured differently than its book value, which is the value of Acuity that is recorded on the company's balance sheet. Investors also form their own opinion of Acuity Brands' value that differs from its market value or its book value, called intrinsic value, which is Acuity Brands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Acuity Brands' market value can be influenced by many factors that don't directly affect Acuity Brands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Acuity Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Acuity Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acuity Brands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.