|Bid||114.87 x 1100|
|Ask||140.00 x 1000|
|Day's Range||131.12 - 132.99|
|52 Week Range||103.48 - 173.01|
|Beta (3Y Monthly)||1.69|
|PE Ratio (TTM)||15.33|
|Forward Dividend & Yield||0.52 (0.40%)|
|1y Target Est||N/A|
Acuity Brands Inc NYSE:AYIView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for AYI with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding AYI are favorable, with net inflows of $8.34 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. AYI credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Improved sales & higher price realization aid Acuity Brands' (AYI) fiscal Q3 results. However, foreign exchange rates and the adoption of ASC 606 are risks.
Accuity Brands earnings for the company's fiscal fourth quarter of 2019 has AYI stock down on Tuesday.Source: Shutterstock Accuity Brands (NYSE:AYI) starts off its earnings report for its fiscal third quarter of the year with revenue of $947.60 million. This is better than the company's revenue of $944.00 million reported in the same period of the year prior. However, it was a blow to AYI stock by missing Wall Street's revenue estimate of $971.45 million for the quarter.Accuity Brands notes that there were a couple of reasons behind its weak revenue growth for its most recent earnings report. This includes unfavorable foreign exchange rate changes, as well as adopting Accounting Standards Codification 606, Revenue from Contracts with Customers.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAccuity Brands earnings for its fiscal third quarter of 2019 also has it reporting earnings per share of $2.53. This is an increase over the company's earnings per share of $2.37 from the same time last year. It also comes in above analysts' earnings per share estimate of $2.47 for the quarter, but couldn't stop AYI stock from falling today. * 7 F-Rated Stocks to Sell for Summer The Accuity Brands earnings report also includes a poor outlook for its upcoming fiscal fourth quarter of 2019. This includes Vernon Nagel, Chairman, President, and CEO of the company, saying that "fiscal fourth quarter net sales could be down modestly compared with prior year's net sales."AYI stock was down 6% as of noon Tuesday. However, the stock is up 22% since the start of the year. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Best Stocks to Buy and Hold Forever * 10 Small-Cap Stocks That Look Like Bargains * 10 Names That Are Screaming Stocks to Buy As of this writing, William White did not hold a position in any of the aforementioned securities.The post Accuity Brands Earnings: AYI Stock Sinks on Disappointing Sales, Outlook appeared first on InvestorPlace.
The company reiterated its demand outlook for the rest of calendar 2019. For the fiscal third quarter ended May 31, Acuity reported net income rose 21% to $88.4 million, or $2.22 a share, from $73 million, or $1.80, in the year-earlier period. The FactSet survey produced a consensus estimate of $969.5 million.
Acuity Brands, Inc. (NYSE:AYI) shareholders should be happy to see the share price up 14% in the last month. But that...
Acuity Brands (NYSE: AYI ) reported third-quarter earnings of $2.53 per share, which beat the analyst consensus estimate of $2.50. This is a 6.75% increase over earnings of $2.37 per share from the same ...
Shares of Acuity Brands Inc. tumbled 7.8% in premarket trading Tuesday, after the lighting company reported fiscal third-quarter earnings that beat expectations but sales that missed and provided a downbeat outlook. Net income for the quarter to May 31 rose to $88.4 million, or $2.22 a share, from $73.0 million, or $1.80 a share, in the year-ago period. Excluding non-recurring items, adjusted earnings per share grew to $2.53 from $2.37, above the FactSet consensus of $2.42. Sales rose 0.4% to $947.6 million, but missed the FactSet consensus of $971.4 million. "We believe our third quarter net sales growth was also muted by the impact of customers, primarily in the independent sales network channel, pulling forward orders into the first half of the year in advance of announced price increases," said Chief Executive Vernon Nagel. For the fiscal fourth quarter, Nagel said he believes "sales could be down modestly" from a year ago, while the current FactSet consensus of $1.08 billion implies growth of 1.6%. The stock has rallied 13.8% over the past three months through Monday, while the Dow Jones Industrial Average has gained 2.1%.
On Tuesday, July 2, Acuity Brands (NYSE: AYI ) will release its latest earnings report. Decipher the announcement with Benzinga's help. Earnings and Revenue Acuity Brands earnings will be near $2.50 per ...
Although expansion of customer base and the launch of products & solutions are Acuity Brands' (AYI) growth drivers, rising input costs & softness in the lighting industry might mar fiscal Q3 earnings.
Acuity Brands (AYI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Is Acuity Brands, Inc. (NYSE:AYI) a good investment right now? We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably, but their consensus stock picks […]