Apogee Enterprises (NASDAQ:APOG – Get Free Report) announced its quarterly earnings data on Friday. The industrial products company reported $1.44 EPS for the quarter, beating the consensus estimate of $1.20 by $0.24, Briefing.com reports. Apogee Enterprises had a net margin of 7.72% and a return on equity of 24.74%. The firm had revenue of $342.40 million during the quarter, compared to analysts’ expectations of $335.31 million. During the same quarter last year, the business earned $1.36 earnings per share. The business’s revenue for the quarter was down 3.2% compared to the same quarter last year. Apogee Enterprises updated its FY 2025 guidance to 4.900-5.200 EPS and its FY25 guidance to $4.90-5.20 EPS.
Apogee Enterprises Trading Up 22.7 %
Shares of APOG stock opened at $83.93 on Friday. The stock has a market cap of $1.84 billion, a price-to-earnings ratio of 17.23 and a beta of 0.98. The company has a quick ratio of 1.29, a current ratio of 1.64 and a debt-to-equity ratio of 0.16. Apogee Enterprises has a fifty-two week low of $41.01 and a fifty-two week high of $86.22. The firm’s 50 day moving average price is $65.46 and its two-hundred day moving average price is $63.10.
Apogee Enterprises Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 6th. Investors of record on Tuesday, October 22nd will be issued a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, October 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 1.19%. Apogee Enterprises’s payout ratio is 20.53%.
Insider Transactions at Apogee Enterprises
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on APOG shares. DA Davidson lifted their target price on shares of Apogee Enterprises from $60.00 to $65.00 and gave the stock a “neutral” rating in a research report on Friday, June 28th. StockNews.com upgraded shares of Apogee Enterprises from a “buy” rating to a “strong-buy” rating in a research report on Friday, July 26th.
View Our Latest Research Report on APOG
About Apogee Enterprises
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).
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