Acuity Brands Inc. Reaches New 12-Month High at $136.46 (AYI)
Acuity Brands (NYSE:AYI)’s share price reached a new 52-week high during trading hours on Thursday, American Banking & Market News reports. The company traded as high as $136.46 and last traded at $126.53, with a volume of 1,380,612 shares traded. The stock had previously closed at $110.03.
Acuity Brands has a 1-year low of $64.69 and a 1-year high of $111.10. The stock’s 50-day moving average is $104.6 and its 200-day moving average is $94.43. The company has a market cap of $5.161 billion and a P/E ratio of 37.30.
Acuity Brands (NYSE:AYI) last announced its earnings results on Thursday, January 9th. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.12. The company had revenue of $574.70 million for the quarter, compared to the consensus estimate of $540.93 million. During the same quarter in the previous year, the company posted $0.69 earnings per share. The company’s revenue for the quarter was up 19.5% on a year-over-year basis. On average, analysts predict that Acuity Brands will post $3.92 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, February 3rd. Stockholders of record on Tuesday, January 21st will be paid a dividend of 0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.42%. The ex-dividend date is Thursday, January 16th.
Acuity Brands, Inc (NYSE:AYI), incorporated on September 20, 2007, is the parent company of Acuity Brands Lighting, Inc (ABL), and other subsidiaries.
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