What Is Nvidia's New $1 Trillion Superproject?

While most are still focused on Nvidia's recent performance, they're missing this massive, $1 trillion pivot Nvidia's making right now. But it's what's happening behind the scenes that should be most exciting for investors. We've identified three companies that Nvidia needs to lean on to help get the job done.

Acuity Brands, Inc
NYSE:AYI
$243.67
Open 242.03 Prev Close 243.74
High 245.00 Low 241.07
Volume 350,000 Volume (Avg) 272,782
52 Week High 147.67 52 Week Low 68.48
Market Cap 5B PE Ratio 19.21

General

NameAcuity Brands, Inc
TickerAYI
ExchangeNYSE
SectorIndustrials
IndustryElectrical Equipment & Parts
CurrencyUSD
CountryUSA
Fiscal Year EndAugust
Full Time Employees11,500

About Acuity Brands, Inc

Acuity Brands, Inc. provides lighting and building management solutions and services for commercial, institutional, industrial, infrastructure, and residential applications in North America and internationally. The company offers lighting and control products and solutions, including recessed, surface, and suspended lighting; down, decorative, emergency and exit, track, day, special-use, street and roadway, parking garage, tunnel, underwater, area pedestrian, flood, decorative site, and landscape lighting; occupancy sensors; photo controls; relay panels; architectural dimming panels; and integrated lighting controls systems. It also provides building management systems, lighting, lighting controls, and location aware applications; and light emitting diode drivers, power supplies, modular wiring, sensors, glass, and inverters, as well as services across applications that primarily relate to monitoring and controlling lighting systems through network technologies and the commissioning of control systems. The company markets its products under the Lithonia Lighting, Holophane, Peerless, Gotham, Mark Architectural Lighting, Winona Lighting, Juno, Indy, Aculux, Healthcare Lighting, Hydrel, American Electric Lighting, Sunoptics, eldoLED, Distech Controls, nLight, ROAM, Sensor Switch, IOTA, A-light, Cyclone, Eureka, Luminaire LED, Luminis, Dark to Light, RELOC Wiring Solutions, DGLogik, and Atrius brands. It serves electrical distributors, retail home improvement centers, electric utilities, national accounts, system integrators, utility distributors, value-added resellers, digital retailers, government entities and municipalities, lighting showrooms, developers, original equipment manufacturers, and energy service companies, as well as the new construction, renovation, and maintenance and repair markets. Acuity Brands, Inc. was incorporated in 2001 and is headquartered in Atlanta, Georgia.

Highlights

Analyst Target122.71
Market Cap4,950,442,496
PE Ratio19.21
PEG Ratio1.57
EBITDA469,600,000

Valuation

Trailing PE21.47
Forward PE15.72
Price/Sales (Trailing 12 Mt.)1.47
Price/Book (Most Recent Quarter)2.29

Technicals

Beta1.50
52 Week High147.67
52 Week Low68.48
50 Day Average126.91
200 Day Average113.31

Dividend

Acuity Brands, Inc pays out a dividend of $0.52 per share, with a dividend yield of 0.23%.

AYI's last dividend payment was made to shareholders on February 1, 2021.

They pay out 6.37% of their earnings out as a dividend.

Recent Dividends

May 1, 2024$0.15
Feb 14, 2024$0.15
Nov 1, 2023$0.13
Aug 1, 2023$0.13
May 1, 2023$0.13
Feb 14, 2023$0.13
Nov 1, 2022$0.13
Aug 1, 2022$0.13
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