Acuity Brands, Inc. (NYSE:AYI) reported Q3 earnings of $2.53 per share

Acuity Brands, Inc. (NYSE:AYI) reported third-quarter earnings of $2.53 per share, which beat the analyst consensus estimate of $2.50. This is a 6.75% increase over earnings of $2.37 per share from the same period last year. The company reported third-quarter sales of $947.6 million, which missed the analyst consensus estimate of $971.57 million. This is a 0.38% increase over sales of $944 million the same period last year.

The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the AYI is 0.40%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the AYI is 95.30%.

Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that AYI. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public. The insider transactions of the company (6-month change in insider ownerships) for the Acuity Brands, Inc. (NYSE:AYI) is 0.00%.

Institutional transactions is the amount of a Acuity Brands, Inc. (NYSE:AYI)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the AYI is -1.83%.

[finviz ticker=AYI]

A Technology sector firm, Acuity Brands, Inc. (NYSE:AYI) stock tanked -7.85% on Tuesday and when day-trade ended the stock finally concluded at $129.95 and number of shares that changed hands during the day are 3.46 Million. The number of shares AYI stock currently held by all its shareholders are 39.50 and floated shares, the number of shares are available for trading in an open market on last trading day are 39.45. The average volume of shares for 3 months is 361.88 and AYI stock value has moved between $103.13 – 173.27 in last one year.

The Acuity Brands, Inc. (NYSE:AYI)’s latest earnings date is 7/2/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for Acuity Brands, Inc. (NYSE:AYI) is 39.60% and the profit margin is 8.60% and the stock has gained 13.05% in 2019 to date.

Acuity Brands, Inc. (NYSE:AYI)’s monthly stock performance is 3.18%, the quarterly performance is 4.89%, the half year performance is calculated as 13.05%. The yearly performance of AYI is 12.15%.

The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Acuity Brands, Inc. (NYSE:AYI) weekly volatility is measured as 3.79% and monthly volatility measured as 2.80%.

Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. AYI return on assets is 11.00%, the return on equity (ROE) of the Acuity Brands, Inc. (NYSE:AYI) is 19.00%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and AYI return on investment is 16.60%.

The price to earnings ratio is 16.35, price to sales ratio is 1.35, and price to book ratio is 2.85, price to cash per share ration is 22.13, price to free cash flow is 17.42.

Analysts mean target price for Acuity Brands, Inc. (NYSE:AYI) is $144.67 while analysts mean recommendation is 2.30. The current share price indicates that stock is -24.89% away from its one year high and is moving 25.58% ahead of its 52-week low. AYI’s distance from 20 day simple moving average is -3.07% and distance from 50-Day simple moving average is -5.47%.