Acuity Brands Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 10 out of 58 in the Homebuilding & Construction Supplies industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 388.64.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Acuity Brands Inc is 7.11, ranking 38 out of 58 in the Homebuilding & Construction Supplies industry. Its financial status is robust, and its operating efficiency is average. Its latest quarterly revenue reached 1.14B, representing a year-over-year increase of 20.19%, while its net profit experienced a year-over-year increase of 12.93%.
Key Metrics
The current valuation score of Acuity Brands Inc is 7.23, ranking 37 out of 58 in the Homebuilding & Construction Supplies industry. Its current P/E ratio is 21.23, which is 38.09% below the recent high of 29.31 and 39.39% above the recent low of 12.86.
The current earnings forecast score of Acuity Brands Inc is 7.78, ranking 17 out of 58 in the Homebuilding & Construction Supplies industry. The average price target is 398.79, with a high of 435.00 and a low of 356.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Acuity Brands Inc is 7.49, ranking 2 out of 58 in the Homebuilding & Construction Supplies industry. Currently, the stock price is trading between the resistance level at 309.46 and the support level at 256.65, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Acuity Brands Inc is 10.00, ranking 1 out of 58 in the Homebuilding & Construction Supplies industry. The latest institutional shareholding proportion is 103.13%, representing a quarter-over-quarter increase of 0.07%. The largest institutional shareholder is The Vanguard, holding a total of 2.95M shares, representing 9.64% of shares outstanding, with 4.29% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Homebuilding & Construction Supplies domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Acuity Brands Inc is 8.55, ranking 5 out of 58 in the Homebuilding & Construction Supplies industry. The company's beta value is 1.43. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. Acuity Brands Inc’s latest ESG disclosure leads the Homebuilding & Construction Supplies industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
