Acuity Brands Q3 2024 GAAP EPS $3.62 Misses $3.68 Estimate, Sales $968.100M Miss $1.009B Estimate
$AYI
Building Products
Consumer Discretionary
Acuity Brands Q3 2024 GAAP EPS $3.62 Misses $3.68 Estimate, Sales $968.100M Miss $1.009B Estimate
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/28/2024 | $295.00 → $260.00 | Overweight → Equal Weight | Wells Fargo |
| 4/4/2024 | $250.00 → $315.00 | Outperform | Oppenheimer |
| 12/16/2022 | $200.00 → $190.00 | Outperform → Neutral | Robert W. Baird |
| 6/23/2022 | Outperform → Mkt Perform | William Blair | |
| 1/10/2022 | $237.00 → $245.00 | Outperform | Credit Suisse |
| 1/4/2022 | $206.00 → $213.00 | Neutral | UBS |
| 1/4/2022 | $225.00 → $237.00 | Outperform | Credit Suisse |
| 10/12/2021 | $163.00 → $206.00 | Sell → Neutral | UBS |
4 - ACUITY BRANDS INC (0001144215) (Issuer)
10-K - ACUITY BRANDS INC (0001144215) (Filer)
8-K - ACUITY BRANDS INC (0001144215) (Filer)
8-K - ACUITY BRANDS INC (0001144215) (Filer)
Wells Fargo downgraded Acuity Brands from Overweight to Equal Weight and set a new price target of $260.00 from $295.00 previously
Oppenheimer reiterated coverage of Acuity Brands with a rating of Outperform and set a new price target of $315.00 from $250.00 previously
Robert W. Baird downgraded Acuity Brands from Outperform to Neutral and set a new price target of $190.00 from $200.00 previously
4 - ACUITY BRANDS INC (0001144215) (Issuer)
4 - ACUITY BRANDS INC (0001144215) (Issuer)
4 - ACUITY BRANDS INC (0001144215) (Issuer)
SC 13G/A - ACUITY BRANDS INC (0001144215) (Subject)
SC 13G/A - ACUITY BRANDS INC (0001144215) (Subject)
SC 13G/A - ACUITY BRANDS INC (0001144215) (Subject)
QSC, a Pioneer in Audiovisual Solutions, to Be Acquired by Acuity, a Leading Industrial-Technology Company QSC, LLC ("QSC" or "the Company"), a market leader in the design, engineering, and manufacturing of audio, video, and control solutions that are designed to create impactful experiences, today announced that they have reached a definitive agreement to be acquired by Acuity Brands, Inc. ("Acuity"). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241023703409/en/Acuity announces the acquisition of QSC (Graphic: Business Wire) "Bringing QSC together with Acuity underscores the critical role AV technology plays in live, hybrid,
QSC, LLC is a Leader in the Strategically Adjacent and Growing Audio, Video and Control Industry Transaction Expected to Close in the Second Quarter of Fiscal 2025 and be Accretive to Acuity Brands Fiscal 2025 Full-Year Adjusted Diluted Earnings per Share ATLANTA, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE:AYI) (the "Company" or "Acuity"), a market-leading industrial technology company, has reached a definitive agreement to acquire QSC, LLC ("QSC") for a purchase price of $1.215 billion, or $1.1 billion net of approximately $100 million in present value of expected tax benefits. The net purchase price represents approximately 14 times QSC's estimated EBITDA for the last t
Increased Fiscal Q4 2024 Net Sales 2% to $1.03B Compared to the Prior Year Reported Fiscal Q4 2024 Diluted EPS of $3.77, up 43% Over the Prior Year; Adjusted Diluted EPS of $4.30, up 8% Over the Prior YearDelivered Fiscal 2024 Net Sales of $3.8B, a 3% Decline Compared to the Prior Year Reported Fiscal 2024 Diluted EPS of $13.44, up 25% Over the Prior Year; Adjusted Diluted EPS of $15.56, up 11% Over the Prior Year Generated $619M in Cash Flow from Operations in Fiscal 2024, up 7% Over the Prior Year ATLANTA, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE:AYI) (the "Company"), a market-leading industrial technology company, announced net sales of $1.03 billion in the fourth qu
QSC, a Pioneer in Audiovisual Solutions, to Be Acquired by Acuity, a Leading Industrial-Technology Company QSC, LLC ("QSC" or "the Company"), a market leader in the design, engineering, and manufacturing of audio, video, and control solutions that are designed to create impactful experiences, today announced that they have reached a definitive agreement to be acquired by Acuity Brands, Inc. ("Acuity"). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241023703409/en/Acuity announces the acquisition of QSC (Graphic: Business Wire) "Bringing QSC together with Acuity underscores the critical role AV technology plays in live, hybrid,
Increased Fiscal Q4 2024 Net Sales 2% to $1.03B Compared to the Prior Year Reported Fiscal Q4 2024 Diluted EPS of $3.77, up 43% Over the Prior Year; Adjusted Diluted EPS of $4.30, up 8% Over the Prior YearDelivered Fiscal 2024 Net Sales of $3.8B, a 3% Decline Compared to the Prior Year Reported Fiscal 2024 Diluted EPS of $13.44, up 25% Over the Prior Year; Adjusted Diluted EPS of $15.56, up 11% Over the Prior Year Generated $619M in Cash Flow from Operations in Fiscal 2024, up 7% Over the Prior Year ATLANTA, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE:AYI) (the "Company"), a market-leading industrial technology company, announced net sales of $1.03 billion in the fourth qu
Atlanta, Sept. 26, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Acuity Brands, Inc. (NYSE:AYI, ", Company", ))) today declared a quarterly dividend of 15 cents per share. The dividend is payable on November 1, 2024, to shareholders of record on October 18, 2024. About Acuity Brands Acuity Brands, Inc. (NYSE:AYI) is a market-leading industrial technology company. We use technology to solve problems in spaces, light, and more things to come. Through our two business segments, Acuity Brands Lighting and Lighting Controls (ABL) and the Intelligent Spaces Group (ISG), we design, manufacture, and bring to market products and services that make a valuable difference in people's lives. We
Acuity Brands's (NYSE:AYI) short percent of float has fallen 11.24% since its last report. The company recently reported that it has 1.45 million shares sold short, which is 6.24% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.98 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest
Acuity Brands's (NYSE:AYI) short percent of float has risen 7.82% since its last report. The company recently reported that it has 1.64 million shares sold short, which is 7.03% of all regular shares that are available for trading. Based on its trading volume, it would take traders 7.85 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest i
ATLANTA, July 30, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE:AYI) ("Acuity"), a market-leading industrial technology company, announced that Sach Sankpal, SVP and Chief Growth and Transformation Officer, has been appointed as President of Acuity Brands Lighting and Lighting Controls ("ABL"). "Since joining Acuity two years ago, Sach has been a positive influence on our performance and our culture," stated Neil Ashe, Chairman, President and CEO of Acuity Brands, Inc. "He brings over 30 years of experience accelerating transformation, driving innovation and positioning global industrial technology organizations for future growth." Trevor Palmer, the current President of the AB
Vernon Nagel brings extensive executive leadership experience and financial expertise to the ScanSource Board of Directors ScanSource, Inc. (NASDAQ:SCSC), a leading hybrid distributor connecting devices to the cloud, today announced the appointment of Vernon J. Nagel to its Board of Directors, effective August 16, 2023. Mr. Nagel's appointment expands the Board to nine members. Mr. Nagel brings extensive executive leadership, financial and accounting expertise to the ScanSource Board of Directors. Mr. Nagel served as Executive Chairman of Acuity Brands, Inc. (NYSE:AYI), a publicly traded industrial technology company from February 2020 until his retirement in December 2020. Mr. Nagel pr
Former Doctor On Demand CEO, Hill Ferguson, steps down Included Health, the first company to fully integrate navigation and virtual care, today announced the appointment of Michael Bender to the company's Board of Directors. The board will continue with seven seats. At the same time Hill Ferguson, former chief executive officer of Doctor On Demand, is leaving his seat, as planned during the merger of Doctor On Demand and Grand Rounds Health. Owen Tripp, chief executive officer of Included Health, said, "Michael knows healthcare and he knows operations. He's scaled some of the strongest brands in the market today and understands how to tackle complex challenges in our industry. I look forw