Acuity Brands Inc. ($AYI) Stock Forecast: Up 5.5% Today

What is Acuity Brands Inc.?

Acuity Brands Inc. (AYI) Market: Acuity Brands Inc. (AYI) experienced a strong bullish movement.

Why is Acuity Brands Inc. going up?

AYI stock is up 5.5% on Jan 14, 2025 15:15

• Acuity Brands exceeded fiscal first-quarter earnings expectations, with strong performance from Intelligent Spaces and enhanced operational effectiveness.
• Despite a revenue shortfall, the company's emphasis on cost control and operational efficiency propelled its stock price upward.
• Investor sentiment was positive towards Acuity Brands' venture into cloud technology through a notable $1.2 billion agreement, reflecting confidence in the company's strategic growth efforts.
• The uptrend in AYI's stock price was driven by market optimism regarding the company's current performance and future prospects, notwithstanding the revenue miss.

AYI Price Chart

AYI Technical Analysis

AYI News

Acuity Brands' Q1 Earnings Beat Estimates, Sales Miss, Stock Up

AYI's fiscal first-quarter results reflect solid Intelligent Spaces contributions, better cost management and operational efficiency.

https://www.zacks.com/stock/news/2394244/acuity-brands-q1-earnings-beat-estimates-sales-miss-stock-up

Company News for Jan 9, 2025

Companies In The News Are: AYI, SMPL, ACI, UNF.

https://www.zacks.com/stock/news/2394182/company-news-for-jan-9-2025

Acuity Brands Q1 Earnings: Revenue Miss, Smart Spaces Revenue Soars 14.5%, Expands Into Cloud Tech With $1.2 Billion Deal - Acuity Brands ( NYSE:AYI )

Acuity Brands, Inc ( NYSE: AYI ) reported fiscal first-quarter 2025 net sales growth of 1.8% year over year to $951.6 million, missing the analyst consensus estimate of $956.2 million. It clocked an adjusted EPS of $3.97, beating the analyst consensus estimate of $3.89.

https://www.benzinga.com/25/01/42871786/acuity-brands-earnings-beats-profit-estimates-smart-spaces-revenue-soars-145-expands-into-cloud-tech-with-12-bill

Acuity Brands ( AYI ) Q1 Earnings Beat Estimates

Acuity Brands (AYI) delivered earnings and revenue surprises of 2.06% and 0.04%, respectively, for the quarter ended November 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2393455/acuity-brands-ayi-q1-earnings-beat-estimates

UniFirst, Acuity Brands And 3 Stocks To Watch Heading Into Wednesday - Acuity Brands ( NYSE:AYI ) , AAR ( NYSE:AIR )

With U.S. stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects UniFirst Corp. UNF to report quarterly earnings at $2.22 per share on revenue of $606.62 million before the opening bell, according to data ...

https://www.benzinga.com/markets/25/01/42867099/unifirst-acuity-brands-and-3-stocks-to-watch-heading-into-wednesday

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Acuity Brands Inc. Price History

06.10.2024 - AYI Stock was up 2.0%

• Acuity Brands (AYI) stock saw a strong bullish movement today, possibly driven by positive market sentiment and investor confidence in the company's recent earnings report.
• Information about the stock's performance compared to its sector this year could have also contributed to increased investor interest and buying activity.
• Overall, the bullish movement in Acuity Brands (AYI) stock today may be a result of a combination of favorable market conditions, positive earnings outlook, and comparative sector performance.

01.09.2024 - AYI Stock was up 8.9%

• Acuity Brands announced a 2.2% year-over-year growth in net sales for the fiscal fourth quarter of 2024, surpassing analyst projections and fueling the positive market movement.
• The company's adjusted EPS of $4.30 also exceeded analyst forecasts, reflecting a robust financial performance.
• The upbeat earnings and revenue results for the quarter ending August 2024 suggest a favorable outlook for the stock, generating heightened investor attention and driving the upward momentum.
• The company's decision to declare a quarterly dividend further bolstered the positive sentiment surrounding Acuity Brands, attracting a larger influx of investors to the stock.

01.09.2024 - AYI Stock was up 9.6%

• AYI's stock had a strong bullish movement today as its fiscal fourth-quarter earnings and sales surpassed expectations.
• The company's solid ISG contribution, improved cost management, and operational efficiency drove the stock price up.
• Exceeding analyst consensus estimates for net sales growth and adjusted EPS demonstrated AYI's strong performance, boosting investor confidence.
• Positive earnings surprises and optimistic forecast changes from Wall Street analysts further propelled the bullish momentum in AYI's stock price.

18.11.2024 - AYI Stock was down 2.7%

• Today's downward trend in Acuity Brands (AYI) may be due to investors taking profits following a strong performance period.
• Shifts in market sentiment could be influenced by broader economic worries or sector-specific challenges impacting the company's stock value.
• Recent developments or news related to the company might be causing concerns among investors about its future growth potential.
• Although observing a bearish trend today, Acuity Brands' historical outperformance suggests it could remain a robust market player, presenting an opportunity for value investors.

14.00.2025 - AYI Stock was up 5.5%

• Acuity Brands exceeded fiscal first-quarter earnings expectations, with strong performance from Intelligent Spaces and enhanced operational effectiveness.
• Despite a revenue shortfall, the company's emphasis on cost control and operational efficiency propelled its stock price upward.
• Investor sentiment was positive towards Acuity Brands' venture into cloud technology through a notable $1.2 billion agreement, reflecting confidence in the company's strategic growth efforts.
• The uptrend in AYI's stock price was driven by market optimism regarding the company's current performance and future prospects, notwithstanding the revenue miss.

10.00.2024 - AYI Stock was up 11.0%

• Despite a decline in sales, Acuity Brands Inc (AYI) achieved margin expansion and EPS growth in the first quarter of 2024. This positive performance contributed to the bullish movement of the stock.
• AYI reported earnings per share of $3.72, surpassing analyst estimates, which further boosted investor confidence and contributed to the bullish movement.
• The upbeat first-quarter earnings report of Acuity Brands Inc (AYI) exceeded expectations, leading to a surge in the stock price.
• The better-than-expected earnings of AYI caused its stock to rise nearly 6%, reaching a 2-year high. This positive news likely attracted more investors and contributed to the bullish market movement.

04.09.2023 - AYI Stock was up 5.6%

• Despite a decline in sales, Acuity Brands (AYI) managed to surpass earnings expectations in the fourth quarter.
• The company's adjusted EPS beat consensus estimates, indicating strong financial performance.
• The positive earnings surprise could be attributed to improved cash flow and margin growth, which offset the decline in revenue.
• However, the missed revenue expectations suggest that Acuity Brands may be facing challenges in generating sales growth.

03.03.2024 - AYI Stock was up 1.2%

• Acuity Brands (AYI) reported impressive second-quarter fiscal 2024 results, with earnings per share beating estimates and margins expanding.
• Despite missing revenue estimates, the strong performance in earnings and margin expansion contributed to the bullish movement in AYI stock.
• The mixed Q2 results, with earnings beating expectations, likely instilled confidence in investors, leading to the bullish market movement.
• The overall positive sentiment surrounding AYI's performance in Q2 could have been the primary driver behind the strong bullish movement in the stock today.

18.09.2023 - AYI Stock was down 5.3%

• The bearish movement in AYI's stock today can be attributed to a combination of factors:
• 1. Soft non-residential markets: an article from Seeking Alpha suggests that AYI's stock was dimmed by softer non-residential markets. This indicates that the company's performance may have been affected by a slowdown in demand for its products in commercial and industrial sectors.
• 2. Downgraded stock rating: an article from Stocknews.com mentions that AYI's stock rating was lowered from "strong-buy" to "buy" by StockNews.com. This downgrade could have influenced investor sentiment and contributed to the bearish movement.
• 3. Technical benchmark: an article from Investors Business Daily highlights that AYI recently cleared a technical benchmark with an upgrade in its relative price strength rating. However, this positive development may not have been enough to offset the negative impact of the other factors mentioned above.
• Overall, the bearish movement in AYI's stock today can be attributed to the softer non-residential markets, a downgraded stock rating, and potentially overshadowed positive technical indicators.

03.03.2024 - AYI Stock was up 4.3%

• AYI stock saw favorable movement following an earnings beat, with adjusted earnings per share increasing by 11% year-over-year.
• Despite a 4.0% year-over-year drop in net sales, the company's profits and margins improved, sparking positive market sentiment.
• The market responded well to the earnings beat and resilient profitability despite a small revenue miss.
• Investors seemed optimistic about the company exceeding both earnings and revenue expectations, driving the bullish movement in AYI stock.

03.05.2024 - AYI Stock was down 5.1%

• Acuity Brands' plan to release its fiscal 2024 third quarter results on June 27, 2024, may have created uncertainty among investors, leading to a bearish sentiment.
• Investors might be cautious due to the upcoming earnings report, potentially anticipating lower-than-expected results or guidance.
• The focus on retirement stocks may have diverted attention from Acuity Brands, causing a lack of positive sentiment and contributing to the bearish movement in the stock price.

27.05.2024 - AYI Stock was up 5.7%

• AYI stock experienced a bullish movement recently.
• The strong earnings performance, surpassing both revenue and EPS estimates, likely boosted investor confidence in the company's future prospects.
• Despite the net sales decline, the market focused on the positive earnings surprise, indicating a more optimistic outlook for Acuity Brands.
• The overall positive sentiment in the market, with US stocks settling higher and the Nasdaq Composite gaining, may have also contributed to the bullish movement in AYI stock.