Acuity Brands’ Cash Flow Gains Offset Slower Revenue Outlook
StockStory cited stronger recent revenue and free cash flow, while analysts expect growth to slow over the next 12 months.
Key takeaways
- Acuity Brands’ annualized revenue growth was 9.9% over the past two years, according to StockStory.
- Analysts expect revenue to rise 3.7% over the next 12 months, StockStory reported.
Acuity Brands shares traded at $299.21 on Monday afternoon, up 0.29% from the previous close. StockStory said the stock had gained 5.7% over six months, below the S&P 500’s 12.8% return.
StockStory pointed to annualized revenue growth of 9.9% over the past two years and a trailing 12-month free cash flow margin of 16.1%. The publisher said that margin had expanded by 9.6 percentage points over five years.
The main concern cited was a slower growth outlook. Sell-side analysts expect revenue to rise 3.7% over the next 12 months, compared with annualized growth of 6% over the past five years, according to StockStory.
The article reported that the shares traded at 14.1 times forward earnings at $298.23 per share when it was published.
This article was produced with the help of AI technology. Source: Yahoo Finance
