On a scale of 0 to 100, Acuity Brands holds a performance score of 12. The firm shows a Beta (market volatility) of 1.1847, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Acuity Brands will likely underperform. Although it is vital to follow Acuity Brands historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. Our main philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Acuity Brands technical indicators, you can presently evaluate if the expected return of 0.29% will be sustainable into the future. Please makes use of Acuity Brands variance, value at risk, as well as the relationship between the Value At Risk and skewness to make a quick decision on whether Acuity Brands price patterns will revert.
12 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Acuity Brands are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite fairly weak basic indicators, Acuity Brands demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
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|Begin Period Cash Flow||223.2 M|
|Total Cashflows From Investing Activities||-90.7 M|
Acuity Brands Relative Risk vs. Return LandscapeIf you would invest 15,797 in Acuity Brands on September 9, 2023 and sell it today you would earn a total of 2,924 from holding Acuity Brands or generate 18.51% return on investment over 90 days. Acuity Brands is generating 0.2857% of daily returns assuming volatility of 1.7963% on return distribution over 90 days investment horizon. In other words, 15% of stocks are less volatile than Acuity, and above 95% of all equities are expected to generate higher returns over the next 90 days. Considering the 90-day investment horizon Acuity Brands is expected to generate 2.29 times more return on investment than the market. However, the company is 2.29 times more volatile than its market benchmark. It trades about 0.16 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.03 per unit of risk.
Acuity Brands Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Acuity Brands' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Acuity Brands, and traders can use it to determine the average amount a Acuity Brands' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Acuity Brands Fundamentals Growth
Acuity Stock prices reflect investors' perceptions of the future prospects and financial health of Acuity Brands, and Acuity Brands fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Acuity Stock performance.
About Acuity Brands Performance
Things to note about Acuity Brands performance evaluationChecking the ongoing alerts about Acuity Brands for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Acuity Brands help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions. Evaluating Acuity Brands' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Acuity Brands' stock performance include:
- Analyzing Acuity Brands' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Acuity Brands' stock is overvalued or undervalued compared to its peers.
- Examining Acuity Brands' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Acuity Brands' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Acuity Brands' management team can help you assess the company's leadership.
- Pay attention to analyst opinions and ratings of Acuity Brands' stock. These opinions can provide insight into Acuity Brands' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acuity Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.For more detail on how to invest in Acuity Stock please use our How to Invest in Acuity Brands guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Acuity Stock analysis
When running Acuity Brands' price analysis, check to measure Acuity Brands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Acuity Brands is operating at the current time. Most of Acuity Brands' value examination focuses on studying past and present price action to predict the probability of Acuity Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acuity Brands' price. Additionally, you may evaluate how the addition of Acuity Brands to your portfolios can decrease your overall portfolio volatility.
Is Acuity Brands' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Acuity Brands. If investors know Acuity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Acuity Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
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The market value of Acuity Brands is measured differently than its book value, which is the value of Acuity that is recorded on the company's balance sheet. Investors also form their own opinion of Acuity Brands' value that differs from its market value or its book value, called intrinsic value, which is Acuity Brands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Acuity Brands' market value can be influenced by many factors that don't directly affect Acuity Brands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Acuity Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Acuity Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acuity Brands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.