FY2025 EPS Estimates for Apogee Enterprises, Inc. Raised by Analyst (NASDAQ:APOG)

Apogee Enterprises, Inc. (NASDAQ:APOG) – Equities research analysts at DA Davidson upped their FY2025 earnings estimates for Apogee Enterprises in a report issued on Tuesday, April 23rd. DA Davidson analyst B. Thielman now expects that the industrial products company will post earnings per share of $4.54 for the year, up from their previous estimate of $4.12. The consensus estimate for Apogee Enterprises’ current full-year earnings is $4.59 per share.

Apogee Enterprises Price Performance

APOG opened at $61.64 on Wednesday. Apogee Enterprises has a one year low of $36.62 and a one year high of $62.99. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.47 and a quick ratio of 1.18. The company’s 50 day simple moving average is $57.38 and its 200-day simple moving average is $52.01. The stock has a market capitalization of $1.36 billion, a P/E ratio of 13.67 and a beta of 1.10.

Apogee Enterprises (NASDAQ:APOG) last posted its quarterly earnings data on Thursday, April 18th. The industrial products company reported $1.14 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.17. Apogee Enterprises had a net margin of 7.03% and a return on equity of 23.84%. The company had revenue of $361.80 million during the quarter, compared to analyst estimates of $337.84 million. During the same quarter last year, the business posted $0.86 earnings per share. The company’s revenue was up 5.1% on a year-over-year basis.

Institutional Trading of Apogee Enterprises

Several hedge funds have recently modified their holdings of the stock. Allspring Global Investments Holdings LLC grew its stake in shares of Apogee Enterprises by 599.4% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,119 shares of the industrial products company’s stock valued at $66,000 after purchasing an additional 959 shares during the last quarter. Los Angeles Capital Management LLC boosted its stake in Apogee Enterprises by 7.9% in the first quarter. Los Angeles Capital Management LLC now owns 28,133 shares of the industrial products company’s stock valued at $1,665,000 after acquiring an additional 2,055 shares during the last quarter. Vanguard Group Inc. boosted its stake in Apogee Enterprises by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 3,097,343 shares of the industrial products company’s stock valued at $165,429,000 after acquiring an additional 53,484 shares during the last quarter. 360 Financial Inc. bought a new position in Apogee Enterprises in the fourth quarter valued at approximately $312,000. Finally, Allianz Asset Management GmbH boosted its stake in Apogee Enterprises by 12.5% in the fourth quarter. Allianz Asset Management GmbH now owns 86,965 shares of the industrial products company’s stock valued at $4,645,000 after acquiring an additional 9,680 shares during the last quarter. 94.05% of the stock is owned by institutional investors.

Apogee Enterprises Company Profile

Apogee Enterprises, Inc designs and develops glass and metal products and services in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical Technologies (LSO). The Architectural Framing Systems segment designs, engineers, fabricates, and installs custom glass and aluminum windows, curtainwalls, storefront, and entrance systems for the exterior of buildings primarily in the commercial, institutional, and multi-family residential construction sectors.