Acuity Brands Inc. (NYSE: AYI) has reported E.P.S. of $3.86 for its fourth fiscal quarter (ending August 31) versus $2.66 for the same period a year ago. E.P.S. were $13.68 for the latest four quarters through August 31 versus $10.88 for the same period a year ago.
Recent Price Action
Acuity Brands Inc. (NYSE: AYI) stock closed at $299.35 on 10/1/24 after a very large increase of 8.7%. Moreover, trading volume in this advance was exceptionally high at 483% of normal. The stock has risen 10.2% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
AYI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Acuity Brands has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Acuity Brands has a poor Appreciation Score of 24 but a neutral Power Rating of 60, producing the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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