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Opinion on  Acuity Brands Inc. (AYI)     Sector: Technology  >  Industry: Electronic Instr. & Controls
Acuity Brands, Inc.

Jun 29, 2008 07:50 PM UTC
Foto
Return Risk
-25.96% HIGH
Principal

Analyst Recommendation  

Acuity Brands, Inc., through its subsidiaries, engages in the design, production, and distribution of lighting equipment and specialty products worldwide. Its lighting equipment includes indoor and outdoor lighting fixtures for commercial and institutional, industrial, infrastructure, and residential applications. The company offers its lighting equipments to electrical distributors, retail home improvement centers, national accounts, electric utilities, utility distributors, municipalities, contractors, catalogs, and lighting showrooms. Acuity Brands sells its lighting products under Lithonia Lighting, Holophane, Gotham, Hydrel, Peerless, Antique Street Lamps, Carandini, American Electric Lighting, SpecLight, Metal Optics, and Mark Architectural Lighting brand names through independent sales agents, factory sales representatives, distribution centers, regional warehouses, and commercial warehouses. The company’s specialty products comprise anti-bacterial and industrial hand care products, cleaners, degreasers, deodorizers, disinfectants, floor finishes, sanitizers, and pest and weed control products. It markets its specialty products under Zep, Zep Commercial, Enforcer, and Selig brand names through large and small home improvement retailers primarily to contractors, small business owners, and homeowners. The company was founded in 2001 and is based in Atlanta, Georgia. Acuity Brands, Inc. operates independently of National Service Industries, Inc. as of November 30, 2001.


Update 07/16:

AYI has paid a dividend of $0.13 per share.


AYI:  This call was made on 06/29/08 @ $49.61
Rating:   Positive   $49.61 (06/29/08)
Gain/Loss:   -30.62% in 192 days
Target:   $58.00 (+16.91%) in > one year
Allocation:   0.0% of portfolio


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