AYI changes
Pick any two versions below to diff them.
- Price
- $303.25 → $333.75(+10.1%)
- Discount category
- Below intrinsic value → Close to intrinsic value
- Checkpoints
- Jan 7, 2027 (estimate): Q1 fiscal 2027 earnings: lighting volume. Pending. Watch: ABL sales flat or higher with an adjusted margin near 18% and AIS growth in double digits pass; another fall in ABL sales or a lower margin fail. added: Feb 2027 (estimate): Parameter Technologies purchase closes. Pending. Watch: The deal closes in Q2 fiscal 2027 and AIS keeps its margin near 23% passes; a delay or a lower AIS margin after the deal fails. Apr 1, 2027 (estimate): Q2 fiscal 2027 earnings: AIS growth. Pending. Watch: AIS sales growth in double digits with an adjusted operating margin near 23% passes; slower AIS growth or margin pressure fails.
- Recent events
- Oct added: 26, 2026: Acuity agreed to buy Parameter Technologies for $675 million. Parameter makes leak detection, environmental monitoring and battery monitoring products for data centers, under the RLE Technologies and CellWatch brands. Acuity plans to pay with $500 million of borrowings and cash. Parameter will become part of Distech Controls in AIS. Parameter expects sales of about $100 million and EBITDA margins of about 40% for calendar 2027. Acuity expects the deal to close in Q2 fiscal 2027 and to add to fiscal 2027 adjusted diluted EPS. Oct 1, 2026: Acuity reported Q4 fiscal 2026 results. Net sales rose 2.9% to $1.2 billion, and diluted EPS was $5.63. Adjusted diluted EPS rose 11.0% to $5.77. AIS sales rose 16.6%, while ABL sales fell 0.4%. The quarter included $44.9 million of tariff refunds and $17.8 million of special charges, which the company excludes from adjusted results. Oct 1, 2026: For fiscal 2026, net sales rose 6.8% to $4.6 billion and adjusted diluted EPS rose 10.5% to $19.90. Cash flow from operations was $825.6 million. Acuity repaid $200 million of its term loan, raised its dividend by 18% and bought back more than 940,000 shares for $287.2 million. Sep 29, 2026: Acuity added Nick Tzitzon, Vice Chairman of ServiceNow, to its board, effective September 24, 2026. The board grew from nine to ten directors. May 8, 2026: Acuity signed a new unsecured revolving credit facility of $800 million that matures in May 2031. It replaced the credit agreement of 2022.