AYI stock: buy or sell?
May 21st, 2019
Acuity Brands, Inc. provides lighting and building management solutions and services for commercial, institutional, industrial, infrastructure, and residential applications in North America and internationally.
Should I buy AYI stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with Acuity Brands stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Acuity Brands stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we detected 7 ratings published for AYI stock in the last month. The general sentiment of these ratings is bullish for AYI stock, with 5 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-4-4||Wells Fargo & Co||n/a||Buy|
|2019-4-4||Robert W. Baird||Outperform||Outperform|
|2019-3-6||Credit Suisse Group||Neutral||Outperform|
|2019-1-3||Credit Suisse Group||n/a||Market Perform|
|2019-1-2||Wells Fargo & Co||Outperform||Outperform|
AYI stock analysis
Acuity Brands shares escalated 1.76% to $137.16 today.
Shares of Acuity Brands escalated a decent 1.76% and closed at $137.16. Since price and SMA200d lines crossed up on April, AYI climbed $13.38 (10.81%). AYI marked a lower low and a lower high in the short term, defining a downward trend. Climbing above $146.30 would break this short term down trend and open possibilities for reversing this situation.
After sliding a frightening -6.29% in a week last week, Acuity Brands closed this week at $137.16 and stepped up a fine 1.55%. Early April AYI climbed an amazing 13.65% in just one week.
Acuity Brands stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, AYI might consolidate in a flat-base, waiting to break out over or down under . Since price and SMA40w lines crossed up early April, AYI climbed $17.26 (14.40%).
AYI stock price history
AYI stock went public on December 3rd, 2001 with a price of $8.901. Since then, AYI stock surged a 1,441.10%, with an average of 84.80% per year. If you had invested $1,000 in AYI stock in 2001, it would worth $14,411.00 today.
1: Adjusted price after possible price splits or reverse-splits.
AYI stock historical price chart
AYI stock reached 52-week highs on September at $172.49, and all-time highs 2016-08-23 with a price of 278.33.
AYI stock price target is $159.40How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we found 5 price predictions for Acuity Brands stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-4-4||Robert W. Baird||Raises Target||$150.00||$160.00||6.7%|
|2019-4-4||JMP Securities||Raises Target||$176.00||$184.00||4.5%|
|2019-1-3||Credit Suisse Group||Reiterates||$135.00||$128.00||-5.2%|
|2019-1-2||Wells Fargo & Co||Lowers Target||$161.00||$159.00||-1.2%|
Financials and fundamental analysis
Earnings date and Earnings per ShareAcuity Brands presented great results for 2019-Q1 on April. Acuity Brands jumped Earnings per Share (EPS) by 12.90%, beating experts estimates of $1.63. Acuity Brands posted $1.84.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw a nice increase of 4.99% to $3,680.10 M dollars. When comparing 2018 vs 2017, by contrast, profit margin (that is, the net income divided by revenues) remained constant a 0.32% to 9.50%. To have an up to date picture of the financial situation of Acuity Brands, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Acuity Brands TTM sales up to February 2019 were $3,792.20 and earnings were $327.10 million dollars. When comparing this TTM figures with the last reported annuality, we can review Acuity Brands business evolution since August 2018: Annual sales up to February, compared to lastest yearly report, raised a fine 3.05%. In contrary, profit margin (net income/sales) stayed stable at 9.50%.
|2013||$2,090 M||-||$125 M6.0%||-|
|2014||$2,390 M||14.35%||$174 M7.3%||38.92%|
|2015||$2,707 M||13.25%||$222 M8.2%||27.50%|
|2016||$3,291 M||21.60%||$291 M8.8%||30.93%|
|2017||$3,505 M||6.50%||$322 M9.2%||10.63%|
|2018||$3,680 M||4.99%||$350 M9.5%||8.67%|
|TTM||$3,792 M||3.05%||$327 M8.6%||-6.44%|
Quarterly financial resultsAcuity Brands reported $854.40 million in revenues for 2019-Q1, a -8.39% less compared to previous quarter. Reported quarter earnings marked $66.30 million with a profit margin of 7.76%. Profit margin stayed steady a -0.78% compared to previous quarter when profit margin was 8.54%. When comparing sales to same quarter last year, Acuity Brands sales marked a slightly fine growth and inched a 2.68%. Looking back to recent quarterly results, Acuity Brands posted 2 negative quarters in a row.
|2017-Q2||$892 M||-||$82 M9.2%||-|
|2017-Q3||$958 M||7.40%||$91 M9.5%||10.10%|
|2017-Q4||$843 M||-11.99%||$72 M8.5%||-20.99%|
|2018-Q1||$832 M||-1.27%||$97 M11.6%||35.52%|
|2018-Q2||$944 M||13.45%||$73 M7.7%||-24.66%|
|2018-Q3||$1,061 M||12.42%||$108 M10.2%||48.22%|
|2018-Q4||$933 M||-12.12%||$80 M8.5%||-26.43%|
|2019-Q1||$854 M||-8.39%||$66 M7.8%||-16.71%|
Acuity Brands ownershipWhen you are planning to buy a company, it's worth to have a look its ownership structure.
Acuity Brands shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 1.15% of all shares.
Bearish positions for AYI stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related companies:
|Market cap||$5.4 B||$6.6 B||$61.8 M||$37.4 B||$4.7 M|
|Total shares||39.5 M||54.5 M||29.6 M||931.5 M||23.6 M|
|Float shares||39.0 M||54.2 M||23.2 M||909.9 M||12.0 M|
|- Institutional holdings (%)||97.3%||87.8%||37.5%||4.5%||18.7%|
|- Insider holdings (%)||1.1%||0.5%||21.6%||0.0%||48.7%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Tuesday, May 21st, 2019|
|Day range||$135.73 - $138.47|
|Average true range||$3.30|
|50d mov avg||$136.11|
|100d mov avg||$129.85|
|200d mov avg||$132.00|
Acuity Brands performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare Acuity Brands to Hubbell, Orion Energy Systems, Koninklijke Philips and Revolution Lighting Technologies:
|OESXOrion Energy Syst...||104.90%||167.95%||140.23%|
Acuity Brands competitorsOne check before trading any stock is to review a list of its competitors, in this case for Acuity Brands. We selected 4 companies as Acuity Brands competitors as they are in the same industry or have similar market objectives.
- Hubbell (HUBB)
- Orion Energy Systems (OESX)
- Koninklijke Philips (PHG)
- Revolution Lighting Technologies (RVLT)
Latest AYI stock news
- Seeking AlphaShining A Light On Acuity BrandsAugust 14, 2018
- InvestorPlaceAcuity Brands (AYI) Stock Skyrockets on Earnings BeatJuly 3, 2018