ACUITY BRANDS Surpasses Earnings Expectations by $0.27 in First Quarter
January 16, 2023
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Acuity Brands Stock Fair Value – ACUITY BRANDS ($NYSE:AYI) is a leading provider of lighting and lighting-related products and services for both indoor and outdoor applications. It provides a comprehensive range of lighting and energy management solutions, including LED lighting, controls, and related services. The company operates through its Lighting and Power Solutions segments and is headquartered in Atlanta, Georgia. The company’s improved performance was driven by strong demand for its products and services, as well as its ability to effectively manage costs and expenses.
In addition, its guidance for the full year indicates that it is optimistic about the future.
Price History
ACUITY BRANDS, a leading provider of lighting products and lighting solutions, announced on Monday that they had surpassed earnings expectations in their first quarter of the fiscal year. The company’s stock opened at $175.4 and closed at $174.6, representing a 2.9% increase from the previous closing price of 169.8. This was a clear indication that investors were confident in the company’s strong performance and expected future growth. ACUITY BRANDS exceeded analysts’ expectations by $0.27, demonstrating the company’s commitment to providing quality products and services to its customers. This is an impressive accomplishment given the current challenging economic climate and the effects it has had on businesses around the world. It is clear that ACUITY BRANDS has invested in its operations to ensure that it can compete effectively in the market and maintain its leadership position.
The company’s strong performance in the first quarter also reflects its strategy of focusing on innovation, expanding its product portfolio, and providing superior customer service. This has enabled ACUITY BRANDS to remain competitive in the market and to continue to deliver value to its customers. The company has also been investing heavily in research and development to ensure that it can stay ahead of the competition and develop new technologies that will benefit its customers. The company’s strong financial performance demonstrates its ability to adapt to challenging economic conditions and to remain profitable in the long run. With continued investment in innovation and customer service, ACUITY BRANDS will be well positioned to capitalize on new opportunities in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Acuity Brands. More…
| Total Revenues | Net Income | Net Margin |
| 4.08k | 371.3 | 9.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Acuity Brands. More…
| Operations | Investing | Financing |
| 419.2 | -67.5 | -563.7 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Acuity Brands. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.44k | 1.53k | 59.21 |
Key Ratios Snapshot
Some of the financial key ratios for Acuity Brands are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.5% | 5.2% | 12.4% |
| FCF Margin | ROE | ROA |
| 8.7% | 16.6% | 9.2% |
VI Analysis – Acuity Brands Stock Fair Value Calculator
The VI app makes it easy to analyze the company’s prospects. According to VI Line, Acuity Brands‘ fair value is currently around $185.6. However, the stock is currently trading at $174.6, which represents a 6% discount from its fair value. This indicates that the stock is a good buy at the current price. Acuity Brands is a leading distributor and manufacturer of lighting products and technology solutions in North America. It offers a wide range of products and services, including lighting fixtures, controls, and software. The company also provides energy management services and solutions. Its products are used in both residential and commercial applications. It has an experienced management team, with decades of experience in the industry. Additionally, the company’s financials are healthy, with revenues growing steadily over the past few years. Overall, Acuity Brands is a company with strong fundamentals and good potential for long-term growth. Its stock is currently undervalued, making it a good buying opportunity for investors. More…
VI Peers
The competition in the lighting industry is fierce, with Acuity Brands Inc being one of the most prominent competitors. It is up against a range of other players such as Hengdian Group Tospo Lighting Co Ltd, Lena Lighting SA, and Dongguan Kingsun Optoelectronic Co Ltd. Each of these companies is vying for a share of the market with their own unique range of products and services. As such, they are all competing to be the top choice for customers looking to purchase lighting solutions.
– Hengdian Group Tospo Lighting Co Ltd ($SHSE:603303)
Hengdian Group Tospo Lighting Co Ltd is a Chinese lighting manufacturer and distributor that specializes in LED lighting products. As of 2022, the company has a market capitalization of 8.88 billion, indicating that it is a large and successful enterprise. Furthermore, the company has achieved a Return on Equity of 6.08%, which is an impressive figure for such a large company. This indicates that the company is able to efficiently and effectively use its resources to generate returns for its shareholders.
– Lena Lighting SA ($LTS:0O7K)
Lena Lighting SA is a leading provider of lighting solutions for commercial, industrial, and residential applications. The company designs, manufactures, and distributes LED and conventional lighting systems for a variety of purposes. As of 2022, Lena Lighting SA has a market cap of 95.27M and a Return on Equity of 8.26%. Its market cap is an indication of the company’s ability to generate profits from its investments and reflects the overall value of its stock in the market. Its ROE measures the efficiency of its management and financial performance, showing how well the company is doing in terms of generating returns on its investments.
– Dongguan Kingsun Optoelectronic Co Ltd ($SZSE:002638)
Dongguan Kingsun Optoelectronic Co Ltd is a Chinese based company that specializes in the design and manufacture of optoelectronic components for a variety of industries. The company has a market cap of 3.42B as of 2022, making it one of the larger companies in its sector. Despite having a relatively high market cap, the company has a Return on Equity of -15.89%, which is lower than many of its competitors. This suggests that the company may be struggling to turn a profit or is facing other issues that are affecting its performance.
Summary
With strong financial performance and a healthy dividend, ACUITY Brands looks to be a solid long-term investment opportunity.
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