|Company name||Acuity Brands, Inc.|
|Live stock price||[stckqut]AYI[/stckqut]|
|P/E compared to competitors||Good|
|Confident Investor Rating||Fair|
|Target stock price (TWCA growth scenario)||$64.26|
|Target stock price (averages with growth)||$83.08|
|Target stock price (averages with no growth)||$86.44|
|Target stock price (manual assumptions)||$97.45|
The following company description is from Reuters: https://www.reuters.com/finance/stocks/company-profile/ayi
Acuity Brands, Inc., incorporated on September 20, 2007, is a provider of lighting solutions for commercial, institutional, industrial, infrastructure and residential applications throughout North America and other international markets. The Company operates through North American segment. The Company's lighting and building management solutions vary from individual devices to intelligent network systems. Its individual devices include luminaires, lighting controls, lighting components, controllers for various building systems (including heating, ventilation and air conditioning (HVAC), lighting, shades and access control), power supplies and prismatic skylights. The Company's lighting and building management solutions are marketed under various brand names, including Lithonia Lighting, Holophane, Peerless, Gotham, Mark Architectural Lighting, Winona Lighting, Juno, Indy, AccuLite, Aculux, Healthcare Lighting, Hydrel, American Electric Lighting, Carandini, Antique Street Lamps, Sunoptics, RELOC Wiring Solutions, eldoLED, Distech Controls and Acuity Controls. Through its subsidiary, IOTA Engineering, L.L.C., the Company provides emergency lighting products and power equipment.
Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in Acuity Brands, Inc. as long as the price is correct and the indicators that I describe in my book The Confident Investor are favorable. Most of the fundamentals of this company are good but there are some concerns. I believe there are more deserving companies on the market, so I am deleting Acuity from my Watch List.
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