Stock In Limelight: Acuity Brands Inc (NYSE:AYI)


Acuity Brands Inc (NYSE:AYI) has obtained a mean price target of $284.000 by market experts. The research group First Call has reached this mean recommendation by taking into account the recommendations of leading analysts in the market. These market experts have disclosed projected earnings of $0.000 a share for the near-term quarter and $8.010 for this year. Technical View The technical analysis of Acuity Brands Inc (Holding Comp clearly shows that the moving average of 50-days of Acuity Brands Inc (NYSE:AYI) stock is $254.574, and stock is trading 8.641 or +3.394% off from $254.574. Coming to moving average of 200-days, it is $231.859, and the stock is $31.356 or +13.524% off from this point. The 52-week high of Acuity Brands Inc (NYSE:AYI) was $270.980 while $168.330 is the low in the same period. This state Acuity Brands Inc (Holding Comp shares price has to travel more than $-7.765 to register a new high of 52-weeks or drop $+56.368% to touch a new 52-week low point. MA here stands for moving average. Taking the Valuation Aspect To reach the estimation of Acuity Brands Inc (Holding Comp, investors use price-to-earnings ratio, which is truncated as P/E ratio. It assesses shares price by the relative expense of the stock. Acuity Brands Inc (NYSE:AYI) ratio came in at 43.002, which was derived by dividing current price of stock by yearly earnings. Acuity Brands Inc (Holding Comp stock recorded a close of $263.215 in last trading session, reaching a market cap of $11.45B. Investors calculate the Price-to-Earnings-Growth ratio to get a clear view on the valuation of a firm. In the case of a higher PEG ratio, the shareholders look to sell their stock holdings. The undervalued stock has a PEG ratio of 0 or 1 while the fairly valued stock has the ratio of 1 and 2. The Acuity Brands Inc (NYSE:AYI) PEG ratio is at 1.700.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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