New and experienced investors want to maximize stock market returns and invest confidently. a unique set of principles that ranks companies based on value, growth, and momentum, help investors achieve those goals.
The Style Scores can help you determine which stocks are best for your portfolio and which will outperform the market.
Value-focused investors look for good stocks at good prices and locate firms trading beneath their true value before the market does. The Value Style Score uses P/E, PEG, Price/Sales, and Price/Cash Flow to find cheap stocks.
Acuity Brands, Inc., headquartered in Atlanta, GA, owns Acuity Brands Lighting, Inc. (“ABL”) and several subsidiaries. The company makes and sells luminaries, lighting controls, controllers, power supplies, prismatic skylights, drivers, and integrated systems to optimize energy efficiency and comfort for indoor and outdoor applications.
Ayi has a Zacks Rank #3 (Hold), Value Style Score of B, and VGM Score of A. Acuity Brands' forward P/E is 17.5X, compared to the Building Products - Lighting industry's 16.7X. AYI has a 1.8 PEG Ratio, 15.7X Price/Cash Flow, and 2.1X Price/Sales.
Value investors go beyond valuation ratios to positive earnings. One analyst raised their fiscal 2024 profit estimate in the previous 60 days.
To $14.79 per share, the Zacks Consensus Estimate rose $0.35. Average earnings surprise for AYI is 13.9%.
Due to its strong Zacks Ranks, earnings and valuation indicators, and Value and VGM Style Scores, investors should consider AYI for their portfolios.
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