Acuity Brands Non-GAAP EPS of 3.72 beats by 0.49, revenue of 934.7M in-line
AYI Stock | USD 320.73 2.05 0.64% |
Under 64% of Acuity Brands' investor base is looking to short. The analysis of overall sentiment of trading Acuity Brands stock suggests that many investors are alarmed at this time. Acuity Brands' investing sentiment shows overall attitude of investors towards Acuity Brands.
Acuity |
Read Acuity Brands Q1 2024 earnings Non-GAAP EPS beats by 0.49, while revenue stays in line at 934.7M .
Read at seekingalpha.com
Acuity Brands Current Investor Sentiment
Panic Vs Confidence
36
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Acuity Brands' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Acuity Brands.
News SentimentBullish | Hype SentimentBearish | Insider SentimentDisposing |
Acuity Brands Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Acuity Brands can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Acuity Brands Fundamental Analysis
We analyze Acuity Brands' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Acuity Brands using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Acuity Brands based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Book
Price To Book Comparative Analysis
Acuity Brands is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Acuity Brands Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Acuity Brands stock to make a market-neutral strategy. Peer analysis of Acuity Brands could also be used in its relative valuation, which is a method of valuing Acuity Brands by comparing valuation metrics with similar companies.
Peers
Acuity Brands Related Equities
NVT | NVent Electric | 1.18 | ||||
PLPC | Preformed Line | 0.16 | ||||
HUBB | Hubbell | 0.36 | ||||
ENR | Energizer Holdings | 0.38 | ||||
AEIS | Advanced Energy | 0.59 | ||||
ESP | Espey Mfg | 1.44 | ||||
KE | Kimball Electronics | 1.51 | ||||
ENS | Enersys | 1.58 |
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.
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