Equities Analysts Offer Predictions for APOG FY2025 Earnings

Apogee Enterprises, Inc. (NASDAQ:APOG) – Research analysts at DA Davidson reduced their FY2025 earnings per share (EPS) estimates for shares of Apogee Enterprises in a report released on Wednesday, January 8th. DA Davidson analyst B. Thielman now expects that the industrial products company will post earnings of $4.96 per share for the year, down from their previous estimate of $5.06. DA Davidson has a “Neutral” rating and a $62.00 price objective on the stock. The consensus estimate for Apogee Enterprises’ current full-year earnings is $5.06 per share. DA Davidson also issued estimates for Apogee Enterprises’ FY2026 earnings at $4.38 EPS.

A number of other equities analysts have also recently issued reports on the stock. Sidoti upgraded shares of Apogee Enterprises from a “neutral” rating to a “buy” rating in a research report on Friday. StockNews.com downgraded Apogee Enterprises from a “strong-buy” rating to a “buy” rating in a research report on Thursday.

Apogee Enterprises Stock Performance

Shares of APOG stock opened at $50.75 on Friday. The stock has a fifty day moving average price of $77.45 and a 200 day moving average price of $70.72. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.32 and a current ratio of 1.65. The stock has a market cap of $1.11 billion, a PE ratio of 10.68 and a beta of 1.04. Apogee Enterprises has a 1 year low of $50.67 and a 1 year high of $87.93.

Apogee Enterprises (NASDAQ:APOG) last announced its quarterly earnings data on Tuesday, January 7th. The industrial products company reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.08. Apogee Enterprises had a return on equity of 24.12% and a net margin of 7.58%. The firm had revenue of $341.30 million for the quarter, compared to analyst estimates of $332.27 million. During the same quarter in the prior year, the company posted $1.23 earnings per share. Apogee Enterprises’s quarterly revenue was up .5% on a year-over-year basis.

Apogee Enterprises Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 12th. Investors of record on Tuesday, January 28th will be paid a $0.26 dividend. This is a positive change from Apogee Enterprises’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a yield of 2.05%. The ex-dividend date of this dividend is Tuesday, January 28th. Apogee Enterprises’s dividend payout ratio is presently 21.05%.

Hedge Funds Weigh In On Apogee Enterprises

A number of large investors have recently bought and sold shares of the stock. Pacer Advisors Inc. grew its stake in shares of Apogee Enterprises by 15.5% during the 2nd quarter. Pacer Advisors Inc. now owns 917,000 shares of the industrial products company’s stock valued at $57,620,000 after buying an additional 122,811 shares during the period. American Century Companies Inc. boosted its holdings in Apogee Enterprises by 23.2% in the second quarter. American Century Companies Inc. now owns 528,769 shares of the industrial products company’s stock valued at $33,225,000 after acquiring an additional 99,495 shares during the last quarter. Hotchkis & Wiley Capital Management LLC acquired a new position in Apogee Enterprises in the third quarter valued at $6,845,000. Assenagon Asset Management S.A. grew its position in Apogee Enterprises by 70.8% during the third quarter. Assenagon Asset Management S.A. now owns 162,379 shares of the industrial products company’s stock valued at $11,369,000 after acquiring an additional 67,295 shares during the period. Finally, Renaissance Technologies LLC increased its stake in Apogee Enterprises by 1,004.1% during the second quarter. Renaissance Technologies LLC now owns 72,683 shares of the industrial products company’s stock worth $4,567,000 after acquiring an additional 66,100 shares during the last quarter. Hedge funds and other institutional investors own 94.05% of the company’s stock.

Apogee Enterprises Company Profile

Apogee Enterprises, Inc provides architectural products and services for enclosing buildings, and glass and acrylic products used for preservation, protection, and enhanced viewing in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical (LSO).