Stock Alert: AYI, AZZ
by Harris Roen, Editor
Roen Financial Report
Monday, January 12, 2015
Today’s Alert:
Acuity Brands, Inc (AYI)
AZZ Inc (AZZ)
An efficiency stock gains and a smart grid stock slumps after issuing earnings reports.
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| Lighting efficiency company Acuity Brands’ stock gains after turning in a better than expected earnings report. Sales and net revenues both drop for the quarter, but EPS is up 5%, and year-over-year numbers are strong. AYI jumps 7% in one day to an all-time high. | CNBC |
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| Net income and revenues are up smartly for AZZ, but EPS came in slightly lower than analyst estimates. AZZ falls 7% on the largest volume in three months, but remains up 5% for the year. We consider this smart grid stock to be Overvalued. | Zacks |
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Remember to always consult with your investment professional before making important financial decisions.
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