Acuity Brands, Inc (AYI) is gearing up for another turning point as it hit the volume of 0.66 million

On Tuesday, Acuity Brands, Inc (NYSE: AYI) was 5.10% up from the session before settling in for the closing price of $306.36. A 52-week range for AYI has been $217.64 – $337.99.

Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 1.24%. When this article was written, the company’s average yearly earnings per share was at 11.83%. With a float of $30.83 million, this company’s outstanding shares have now reached $31.00 million.

Considering the fact that the conglomerate employs 13200 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 46.21%, operating margin of 14.35%, and the pretax margin is 14.32%.

Acuity Brands, Inc (AYI) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Acuity Brands, Inc stocks. The insider ownership of Acuity Brands, Inc is 0.42%, while institutional ownership is 97.62%. The most recent insider transaction that took place on Oct 28 ’24, was worth 1,561,600. In this transaction SVP & General Counsel of this company sold 5,120 shares at a rate of $305.00, taking the stock ownership to the 8,438 shares. Before that another transaction happened on Oct 28 ’24, when Company’s Officer proposed sale 5,120 for $305.00, making the entire transaction worth $1,561,600.

Acuity Brands, Inc (AYI) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.61 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 11.83% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to 10.11% growth over the previous five years of trading.

Acuity Brands, Inc (NYSE: AYI) Trading Performance Indicators

You can see what Acuity Brands, Inc (AYI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.58. Likewise, its price to free cash flow for the trailing twelve months is 20.21.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 13.59, a number that is poised to hit 3.73 in the next quarter and is forecasted to reach 19.53 in one year’s time.

Technical Analysis of Acuity Brands, Inc (AYI)

Compared to the last year’s volume of 0.5 million, its volume of 0.56 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 72.83%. Additionally, its Average True Range was 8.34.

During the past 100 days, Acuity Brands, Inc’s (AYI) raw stochastic average was set at 83.87%, which indicates a significant decrease from 89.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.51% in the past 14 days, which was higher than the 27.07% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $315.35, while its 200-day Moving Average is $273.60. Nevertheless, the first resistance level for the watch stands at $327.65 in the near term. At $333.33, the stock is likely to face the second major resistance level. The third major resistance level sits at $340.91. If the price goes on to break the first support level at $314.40, it is likely to go to the next support level at $306.82. Should the price break the second support level, the third support level stands at $301.14.

Acuity Brands, Inc (NYSE: AYI) Key Stats

There are 30,959K outstanding shares of the company, which has a market capitalization of 9.97 billion. As of now, sales total 3,841 M while income totals 422,600 K. Its latest quarter income was 951,600 K while its last quarter net income were 106,700 K.