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$163.85 -$0.85 (-0.5%)

04:00 PM EDT on 09/21/23

Acuity Brands, Inc. (NYSE:AYI)

CAPS Rating: No stars

A holding company that owns and manages two businesses that serve two distinctive markets - lighting equipment and specialty products.

Current Price $163.85 Mkt Cap $8.3B
Open $162.43 P/E Ratio 14.10
Prev. Close $163.85 Div. (Yield) $0.52 (0.3%)
Daily Range $161.23 - $166.06 Volume 301,844
52-Wk Range $149.30 - $202.90 Avg. Daily Vol. 323,747

Caps

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All Players

209 Outperform
20 Underperform
 

All-Star Players

42 Outperform
6 Underperform
 

Wall Street

0 Outperform
0 Underperform
 

Top NYSE:AYI Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

steveku2 (< 20)
Submitted April 13, 2007

Wish I'd bought this when i added it to my "stocks to watch" list. Now it's out of my price range. Still got some upside.

nevercontent (56.17)
Submitted July 05, 2015

Earnings growth is clearly very healthy, and has even been accelerating recently as the company’s efforts to improve internal efficiencies bear fruit, and in part due to higher-margin mix. But revenue growth is rather stagnant, and that will… More

Recent Community Commentary

Read the most recent pitches from players about AYI.

Recs

0
Member Avatar Crosshair (72.80) Submitted: 9/29/2017 4:19:47 PM : Outperform Start Price: $168.00 NYSE:AYI Score: -74.01

Future looks bright!

Recs

0
Member Avatar JTMoran1990 (47.29) Submitted: 4/6/2016 3:24:46 PM : Outperform Start Price: $247.58 NYSE:AYI Score: -143.06

Building products industry will continue to grow and consolidate. There are many advancements taking place in lighting. AYI is a market leader in this area

Recs

1
Member Avatar nevercontent (56.17) Submitted: 7/5/2015 5:24:25 PM : Underperform Start Price: $182.12 NYSE:AYI Score: +119.68

Earnings growth is clearly very healthy, and has even been accelerating recently as the company’s efforts to improve internal efficiencies bear fruit, and in part due to higher-margin mix. But revenue growth is rather stagnant, and that will eventually reign in earnings growth unless the company can continue to push up-market and capture higher-margin sales. Management itself is targeting earnings growth at half its current pace.

At Thursday’s closing price of $189.00, the current adjusted (non-GAAP) P/E is 38, giving a 1YPEG of 1.09, suggesting that shares are about fairly valued right now on that metric if the company can maintain (and ideally improve) its earnings growth.

But with a P/E so high, it’ll likely only take one hiccup to cause some significant compression, and that doesn’t seem too far fetched to me given the stagnant revenue growth and cyclical nature of the industry.

Glassdoor ratings are also poor, with only 35% recommending to a friend and 42% approving of the CEO. In general, reviews are critical of management and the company culture.

All in all, it seems like an interesting company that is consolidating a fragmented industry, and there appears to be multiple runways for growth between meaningful international expansion and movement up-market into turn-key solutions and building automation. But both are essentially new frontiers for the company, and therefore carry higher risk. Combined with the unforgiving P/E, stagnant revenue growth, low employee satisfaction, and dependence on cyclical industries, I'm passing on this one at this time.

Leaderboard

Find the members with the highest scoring picks in AYI.

Score Leader

TrackJimCramer

TrackJimCramer (< 20) Score: +528.81

The Score Leader is the player with the highest score across all their picks in AYI.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
Index
Gain
Score Commentary
smisra2 93.72 3/23/2009 Outperform NS $21.24 +671.25% +443.38% +227.88 0 Comment
SheepInvstr213 < 20 3/12/2009 Outperform 5Y $20.04 +717.54% +504.53% +213.01 0 Comment
ChenderKao 82.35 10/19/2007 Outperform 1Y $32.70 +401.06% +197.34% +203.72 0 Comment
SavantTheIdiot 98.58 2/23/2009 Outperform NS $21.78 +652.41% +460.92% +191.49 0 Comment
compwx 88.11 3/2/2009 Outperform 1Y $20.62 +694.61% +505.40% +189.21 0 Comment
gilliam1983 < 20 11/16/2007 Outperform 5Y $33.77 +385.16% +208.92% +176.25 0 Comment
pesco39 84.24 8/28/2006 Outperform 3W $31.14 +426.22% +254.66% +171.56 0 Comment
jbs4radio 72.65 6/16/2009 Outperform 5Y $26.12 +527.39% +367.56% +159.82 1 Comment
TheJuiceMachine 70.59 11/30/2007 Outperform 3M $35.64 +359.73% +204.87% +154.86 0 Comment
tisland < 20 12/3/2007 Outperform 1Y $36.10 +353.87% +204.98% +148.88 1 Comment

Wall Street

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