Acuity Brands: Sales Growth Recovery Before A More Optimistic Rating

Summary:

  • Acuity Brands Inc.’s share price has remained stable, but down 9% in the last 12 months.
  • Short interest in AYI has grown to over 7%, potentially weighing on the share price in the short term.
  • AYI needs to show top-line improvements quickly and demonstrate strong dividend raises and top-line growth for increased shareholder value.

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Investment Rundown

The share price for Acuity Brands Inc (NYSE:AYI) has been incredibly stable this year as opposed to many other companies. The shares are down around 9% in the last 12 months but have stayed


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