Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Acuity Inc (AYI) Has Strong Upside Despite Target Price Cut [Yahoo! Finance]

Acuity Brands, Inc. (AYI) 
Last acuity brands, inc. earnings: 4/2 08:39 am Check Earnings Report
US:NYSE Investor Relations: acuitybrands.com/investors
Company Research Source: Yahoo! Finance
cut Acuity Inc.'s (NYSE:AYI) price target from $425 to $410 on January 12. However, he kept his Buy rating on the stock. The analyst noted that the company delivered fiscal Q1 EPS that surpassed expectations, and forward revisions remained unchanged. However, the shares dropped 13% following the report, mainly due to weaker-than-expected margins in the ABL segment. The decline also raised concerns about potential Q1 pull-forward effects and the company's longer-term pricing power. Despite these short-term challenges, the analyst highlighted that the 13% pullback presents an attractive entry point for investors. On January 9, financial services firm Baird also presented a similar sentiment about the stock. Baird analyst Timothy Wojs lowered the firm's price target for the stock from $408 to $375 while reiterating a Buy rating. The analyst said the firm updated its financial model following modest upside in Acuity's first-quarter results. Despite the slight positive surprise, Timothy Show less Read more
Impact Snapshot
Event Time:
AYI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for AYI alerts
Opt-in for
AYI alerts

from News Quantified
Opt-in for
AYI alerts

from News Quantified