Acuity Brands: Scalable Business Attracts Analysts, Thanks To AI And Growth

Summary:

  • Acuity Brands has a scalable business model and is targeting a double-digit growing market.
  • Recent acquisitions indicate potential inorganic growth for AYI.
  • The incorporation of artificial intelligence capabilities could lead to improved lighting experiences and performance.

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Yuji Sakai

Acuity Brands, Inc. (NYSE:AYI) presents a scalable business model, and targets a market growing at a double-digit. Recent acquisition of assets acquired from Current Lighting Solutions, LLC, and the acquisition of KE2 Therm Solutions indicate that AYI may also be growing


Analyst’s Disclosure: I/we have a beneficial long position in the shares of AYI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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