AYI - Acuity Brands, Inc.

NYSE - NYSE Delayed Price. Currency in USD
134.79
-0.27 (-0.20%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close135.06
Open133.73
Bid132.54 x 1000
Ask135.08 x 800
Day's Range132.71 - 135.18
52 Week Range103.48 - 173.01
Volume266,234
Avg. Volume377,166
Market Cap5.325B
Beta (3Y Monthly)1.60
PE Ratio (TTM)16.53
EPS (TTM)8.15
Earnings DateJul 1, 2019 - Jul 5, 2019
Forward Dividend & Yield0.52 (0.36%)
Ex-Dividend Date2019-04-16
1y Target Est149.11
Trade prices are not sourced from all markets
  • At US$137, Is Acuity Brands, Inc. (NYSE:AYI) Worth Looking At Closely?
    Simply Wall St.4 days ago

    At US$137, Is Acuity Brands, Inc. (NYSE:AYI) Worth Looking At Closely?

    Acuity Brands, Inc. (NYSE:AYI), which is in the electrical business, and is based in United States, saw a decent share...

  • GlobeNewswire5 days ago

    Acuity Brands to Showcase Select Luminaires Using Virtual Reality Technology at LIGHTFAIR® International 2019

    Atlanta, May 16, 2019 -- Acuity Brands, Inc. (NYSE: AYI) announced today that attendees at LIGHTFAIR® International 2019 will be able to view select luminaires using the Acuity.

  • GlobeNewswire7 days ago

    Acuity Brands to Feature New Innovative New Smart Home Lighting Product at LIGHTFAIR 2019

    Atlanta, May 14, 2019 -- Acuity Brands, Inc. (NYSE: AYI) will be showcasing its new smart home and other residential lighting products at LIGHTFAIR® International 2019, May.

  • Acuity Brands (AYI) Unveils WINLINE 500 Series Luminaires
    Zacks12 days ago

    Acuity Brands (AYI) Unveils WINLINE 500 Series Luminaires

    The launch of WINLINE 500 Series luminaires will help Acuity Brands (AYI) to boost performance.

  • GlobeNewswire13 days ago

    Acuity Brands Introduces the WINLINE 500 Series from Winona®, a Family of Linear Accent Luminaires Offering Superior Optical Performance

    Atlanta, May 08, 2019 -- Acuity Brands, Inc. (NYSE: AYI) introduced today the WINLINE 500 Series of linear accent luminaires from Winona®, which offer superior optical.

  • GlobeNewswire14 days ago

    Acuity Brands, Inc. To Present At The Oppenheimer 14th Annual Industrial Conference on May 8, 2019 in New York

    Atlanta, May 07, 2019 -- Acuity Brands, Inc. (NYSE: AYI) today announced that Vernon J. Nagel, Chairman, President, and Chief Executive Officer of Acuity Brands, will present.

  • Markit14 days ago

    See what the IHS Markit Score report has to say about Acuity Brands Inc.

    Acuity Brands Inc NYSE:AYIView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low and declining Bearish sentimentShort interest | PositiveShort interest is low for AYI with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on April 18. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $2.53 billion over the last one-month into ETFs that hold AYI are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NeutralAccording 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. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. AYI credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.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.

  • Acuity Brands (AYI) Up 5.6% Since Last Earnings Report: Can It Continue?
    Zacks18 days ago

    Acuity Brands (AYI) Up 5.6% Since Last Earnings Report: Can It Continue?

    Acuity Brands (AYI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • GlobeNewswire21 days ago

    Distech Controls Launches New ECLYPSE® Sky Ecosystem Platform Enabled by Wireless Technology

    Atlanta, GA, April 30, 2019 -- Acuity Brands, Inc. (NYSE: AYI) (“Company”) today announced that Distech Controls®, an innovation leader connecting people with intelligent.

  • GlobeNewswire22 days ago

    Acuity Brands to Work Exclusively with OLEDWorks to Develop an Expanded Portfolio of OLED Luminaires

    Atlanta, GA, April 29, 2019 -- Acuity Brands, Inc. (AYI: NYSE) announced today plans to work  exclusively with OLEDWorks, a leading manufacturer of organic light-emitting diode.

  • 7 Stocks to Buy That Ought to Buy Back Shares
    InvestorPlace22 days ago

    7 Stocks to Buy That Ought to Buy Back Shares

    Warren Buffett recently sat down with Yahoo Finance editor-in-chief Andy Serwer.One of the discussions in the interview was about stock buybacks, a practice that has both fans and detractors. Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) CEO is definitely in the fan camp suggesting that "when you're buying dollar bills for 60 or 70 cents" with your excess cash, it's always a good thing. A fact that's especially true when you're as smart as Warren Buffett. Serwer commented that Berkshire Hathaway bought back $233 million of its stock between December 13 and December 24 of last year, right at the bottom of the fourth-quarter market decline.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSerwer asked Buffett how he knew to buy at that point in the market cycle?"If I knew that I would've bought a lot more than $233 million."The point is that Buffett sees stock buybacks as a smart capital allocation lever to pull when the shares of a company are trading below their intrinsic value. * 7 A-Rated Stocks That Are Under $10 With that in mind, I've put together a list of stocks to buy that ought to be repurchasing their shares given current prices. Acuity Brands (AYI)Source: Shutterstock You can't keep a good stock down. Atlanta-based Acuity Brands (NYSE:AYI) is a company that specializes in lighting solutions for commercial buildings as well as new residential projects. Its stock came under fire the past three years with AYI shareholders paying the price losing almost 17% annually (including dividends) between 2016 and 2018.At its height in August 2016, Acuity Brands' stock was trading close to $300. Today, even with the 28% total return in 2019 through April 23, it's only worth half that amount. In the first six months of fiscal 2019, Acuity repurchased $48.7 million of its stock at an average price of $121.75, which means it's already made a 20% return on its investment. In the first six months of fiscal 2018, Acuity bought back 1.2 million of its shares at an average price of $161.92. On those, it's underwater by 10%. Through the first half of 2019, its top- and bottom-line results have improved including delivering record sales and adjusted EPS in the second quarter. It expects sales and profitability to continue in the second half of the year. * 8 Stocks to Buy Whose Products America Loves Trading at just 16 times cash flow or about two-thirds its five-year average, some of Acuity's increased free cash flow in 2019 should go to repurchasing more of its shares. Landstar System (LSTR)Source: Shutterstock Landstar System (NASDAQ:LSTR) is a Florida-based company that provides third-party transportation solutions to customers in the U.S., Canada, and Mexico. By utilizing third-party capacity, Landstar's able to maintain an asset-light business model. In 2018, Landstar grew its revenues by 27% to $4.6 billion. On the bottom line, it grew EPS by 47% to $6.19. Financially, it's as solid as they come with long-term debt of just $85 million compared to $240 million in cash and short-term investments. Every segment of its transportation business generated growth in 2018 averaging $2.078 per load, 17% higher than in 2017. In 2018, Landstar repurchased 2 million of its shares at an average price of $104.04 a share, a return of 10% through April 24. Landstar had $288 million in free cash flow in 2018, more than double the amount in 2017, and the most in its history. Although Landstar didn't repurchase any of its stock in 2017, it tends to use 60-70% of its annual free cash flow to buy back its stock. Its free cash flow yield -- defined as free cash flow divided by market cap -- is currently 6.3%. While 8% is generally considered the low-end for value stocks, it's still relatively low given the company's growth. With a forward P/E ratio of 17.5 and a PEG ratio of 1.8, Landstar will take 9.8 years to repay a dollar's worth of today's earnings. Put another way; it will take 9.8 years of earnings to equal its current share price of $114. Medpace Holdings (MEDP)Source: Shutterstock If you own shares in MedPace Holdings (NASDAQ:MEDP), you're probably hoping that the provider of full-service clinical trial outsourcing to biopharmaceutical and medical device companies is buying back its shares in 2019. That's because MEDP stock traded above $70 as recently as the end of February; it's down 20% from February's 52-week and an all-time high. This past year was a successful one for the Cincinnati company in terms of dollars and cents. On the top line, it grew revenues by 26% to $549.4 million. On the bottom line, it increased adjusted net income by 72% to $103.8 million providing shareholders with a healthy 19% net margin. Interestingly, MedPace didn't repurchase any of its stock in 2018, despite having free cash flow of $141 million, 64% higher than the year before. Yet, it bought back almost $156 million of its stock in 2017, paying an average of $29.34 a share. Based on its April 24 closing price of $57.17, MedPace has generated a 96% return on its investment. * 7 U.S. Shale Oil Stocks to Buy as Prices Rise With a backlog of $1.1 billion, net new business awards of $899.4 million, and a book-to-bill ratio of 1.28 times revenue, Medpace's free cash flow should continue to grow exponentially. Pan American Silver (PAAS)Source: Sprott Money via FlickrI don't usually recommend precious metals stocks but given Pan American Silver (NASDAQ:PAAS) is down almost 14% year to date (including dividends) through April 24, I couldn't help myself. Here's why. In February, Pan American completed its $1.07 billion acquisition of Tahoe Resources. The company paid $275 million in cash and 56 million shares. Almost 92% of Tahoe's shareholders elected to take shares rather than cash. Tahoe shareholders own 27% of the merged entity. The acquisition makes Pan American the largest publicly traded silver miner in the world, doubling its silver reserve base to 576 million ounces. In 2019, it expects to produce at least 26.5 million ounces of silver, 162,500 ounces of gold, and also some zinc, lead, and copper. The tricky part of the acquisition is Tahoe's Escobal mine in Guatemala. The production's been halted since July 2017 as a result of the Guatemalan Ministry of Energy and Mines failing to consult with the Xinca indigenous people before granting Tahoe its license to mine Escobal. CEO Michael Steinmann believes Pan American's 25-year track record in Latin America will allow it to get Escobal, the world's second-largest silver mine, restarted. "Pan American's acquisition of Tahoe Resource could be a very opportunistic transaction…assuming the company is able to address recent social, geopolitical and operational challenges," RBC analyst Mark Mihaljevic wrote in a note to clients in November when the deal was first announced. With a solid balance sheet and increased cash flow on the horizon, Pan American ought to be buying back its stock. Skechers (SKX)Source: Shutterstock Canadian LPGA golfer Brooke Henderson recently won the Lotte Championship in Hawaii, her eighth career win, tying her with Sandra Post and Mike Weir for most professional wins by Canadian. And Skechers (NYSE:SKX) had something to do with that win. Henderson joined the Skechers Performance team in 2016. She wore the Skechers GO GOLF Elite shoe during her career-tying victory. I never thought of Skechers as a company that makes serious golf shoes, but Henderson's victory says otherwise. Skechers, the company, I recommended investors buy-on-the-dip last July because it had a rock-solid balance sheet and was doing just fine on the top and bottom line. Since then it's had its ups and downs, but I still believe it's a company that wins more than it loses.In the second quarter ended March 31, Skechers announced record sales of $1.3 billion, 5.2% higher than a year earlier excluding currency. Internationally, its sales rose by 15.0% in the quarter. On the bottom line, it had an operating profit of $165.9 million, 11.5% higher than in Q1 2018. While its business went off the rails a bit in 2018, it appears to have righted the ship, and things are getting stronger. In Q1 2019 it bought back $15 million of its stock. It currently has $35 million left on its share repurchase program. With cash and short-term investments of $879.8 million and long-term debt of just $94 million, Skechers has more than plenty to buy back the $35 million left on the share repurchase program. * 7 U.S. Shale Oil Stocks to Buy as Prices Rise In 2018, Skechers bought back $100 million of its stock at an average price of $27.34 a share, a 14% return based on a current share price of $31. SVB Financial (SIVB)Source: Shutterstock SVB Financial (NASDAQ:SIVB) is hands-down my favorite U.S. bank. It has been since 2013 when I said it was one of the five best stocks to buy for the next 20 years. In the context of that article, I wasn't necessarily trying to pick the five best stocks to buy, but rather the five best if you included two small caps, two mid-caps, and one large cap. At the time, SIVB was trading around $100. So, while it's done well in the five years and a bit since, it's well off its September 2018 high of $333.74. Last fall it was flying high prompting me to name it one of seven bank stocks to own for the long haul. Like clockwork, SIVB stock took a tumble on valuation concerns, falling to $180 by the end of the fourth-quarter stock market meltdown. Up 38% since then, the bank's on a run that should take it over $300 by the end of 2019.Analysts expect SVB Financial to deliver revenue and earnings growth of approximately 30% in the first quarter, a sign that the bank is still very much in growth mode. In the past three fiscal years, SVB Financial didn't repurchase its stock in two of them. In 2018, it did repurchase $147.1 million at an average price of $205.67, a return of 21% on its investment. It finished 2018 with $353 million left on its share repurchase program. I expect it to buy some more in 2019. Urban Outfitters (URBN)Source: Shutterstock Urban Outfitters (NASDAQ:URBN) closed out fiscal 2018 as a more balanced retailer.The company's total sales increased by 9.3% to $3.95 billion with all three of its banners: Urban Outfitters, Anthropologie, and Free People showing solid increases in sales. On the same-store sales front, comps were up 8% year over year thanks to double-digit growth from its digital sales along with 10% growth from its wholesale business. Comps increased by 11.4% at Free People, 8.0% at Urban Outfitters, and 7.5% at Anthropologie. A solid showing in 2018 hasn't translated into an excellent performance from its stock in 2019, which is down 10.2% year to date through April 24. Shares fell in February after the company reported Q4 2018 same-store sales of 3.0%, 150 basis points lower than analyst expectations. However, Urban Outfitter's operating margin in 2018 was 9.7%, its best margin since fiscal 2015. I'd expect the company to generate a double-digit operating margin in fiscal 2019. And while it won't be anywhere near the high teens as it was earlier in the decade, it's still plenty. * 10 Monster Growth Stocks to Buy for 2019 and Beyond Over the past decade, Urban Outfitter's reduced its share count by 36% from 171 million shares outstanding to approximately 110. With its free cash flow stronger than it's ever been and its stock down in 2019, I expect it to be buying its stock in bunches.At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 7 A-Rated Stocks That Are Under $10 * 7 U.S. Shale Oil Stocks to Buy as Prices Rise * 10 Stocks to Sell Before They Give Back 2019 Gains * 10 Oversold Stocks to Run From Compare Brokers The post 7 Stocks to Buy That Ought to Buy Back Shares appeared first on InvestorPlace.

  • Acuity Brands (AYI) Moves to Buy: Rationale Behind the Upgrade
    Zacks25 days ago

    Acuity Brands (AYI) Moves to Buy: Rationale Behind the Upgrade

    Acuity Brands (AYI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).

  • Watsco's (WSO) Q1 Earnings Meet Estimates, Revenues Miss
    Zacks27 days ago

    Watsco's (WSO) Q1 Earnings Meet Estimates, Revenues Miss

    Watsco's (WSO) Q1 earnings meet analysts' expectation but revenues miss the same due to unfavorable weather experienced by the company in certain markets served.

  • Here is What Hedge Funds Think About Acuity Brands, Inc. (NYSE:AYI)
    Insider Monkey28 days ago

    Here is What Hedge Funds Think About Acuity Brands, Inc. (NYSE:AYI)

    Hedge funds and other investment firms that we track manage billions of dollars of their wealthy clients' money, and needless to say, they are painstakingly thorough when analyzing where to invest this money, as their own wealth also depends on it. Regardless of the various methods used by elite investors like David Tepper and David […]

  • An Intrinsic Calculation For Acuity Brands, Inc. (NYSE:AYI) Suggests It's 22% Undervalued
    Simply Wall St.29 days ago

    An Intrinsic Calculation For Acuity Brands, Inc. (NYSE:AYI) Suggests It's 22% Undervalued

    Does the April share price for Acuity Brands, Inc. (NYSE:AYI) reflect what it's really worth? Today, we will estimate the stock's intrinsic value by taking the expected future cash flows and discounting them to today's value...

  • Thomson Reuters StreetEventslast month

    Edited Transcript of AYI earnings conference call or presentation 3-Apr-19 2:00pm GMT

    Q2 2019 Acuity Brands Inc Earnings Call

  • Is Acuity Brands (AYI) a Great Stock for Value Investors?
    Zackslast month

    Is Acuity Brands (AYI) a Great Stock for Value Investors?

    Let's see if Acuity Brands, Inc. (AYI) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

  • Acuity Brands (AYI) Rides on Product Innovation, Costs High
    Zackslast month

    Acuity Brands (AYI) Rides on Product Innovation, Costs High

    Acuity Brands' (AYI) innovative lighting solutions and cost-saving initiatives drive overall growth. However, softness in the industry and higher material costs raise concerns.

  • 3 Things Acuity Brands' Management Wants Investors to Know
    Motley Fool2 months ago

    3 Things Acuity Brands' Management Wants Investors to Know

    The company advised investors on its sales benchmark, a shifting gross margin profile, and the manner in which new products will create shareholder value.

  • Is Acuity Brands, Inc.'s (NYSE:AYI) CEO Being Overpaid?
    Simply Wall St.2 months ago

    Is Acuity Brands, Inc.'s (NYSE:AYI) CEO Being Overpaid?

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Vernon Nagel became the CEO of Acuity Brands, Inc. (NYSE:AYI) in 2004. First, this article will compare CEO compen...

  • Acuity CEO: Why Cree didn't 'win' with lighting
    American City Business Journals2 months ago

    Acuity CEO: Why Cree didn't 'win' with lighting

    On an earnings call with analysts Wednesday, less than a month after Cree announced the sale of its lighting business to Ideal Industries for a total possible consideration of $310 million, the CEO of Acuity called out Cree for its missed opportunities in the space.

  • Acuity Brands (AYI) Q2 2019 Earnings Conference Call Transcript
    Motley Fool2 months ago

    Acuity Brands (AYI) Q2 2019 Earnings Conference Call Transcript

    AYI earnings call for the period ending February 28, 2019

  • Acuity Brands' Pricing and Productivity Efforts Offset Tariff Impacts in the Second Quarter
    Motley Fool2 months ago

    Acuity Brands' Pricing and Productivity Efforts Offset Tariff Impacts in the Second Quarter

    Management is attempting to see beyond the current uncertain trade environment.

  • Why Advanced Micro Devices, Acuity Brands, and DMC Global Jumped Today
    Motley Fool2 months ago

    Why Advanced Micro Devices, Acuity Brands, and DMC Global Jumped Today

    Find out what made one of these stocks live up to its ticker symbol.

  • Acuity Brands' (AYI) Stock Rallies on Q2 Earnings Beat
    Zacks2 months ago

    Acuity Brands' (AYI) Stock Rallies on Q2 Earnings Beat

    Despite inflationary cost pressures and the impact of tariffs, Acuity Brands' (AYI) second-quarter fiscal 2019 earnings exceed market expectations owing to higher revenues and margin improvements.