Apogee Enterprises (NASDAQ:APOG) Issues Earnings Results

Apogee Enterprises (NASDAQ:APOG) released its quarterly earnings results on Tuesday. The industrial products company reported $1.19 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.08, RTT News reports. The firm had revenue of $341.30 million for the quarter, compared to analyst estimates of $332.27 million. Apogee Enterprises had a net margin of 7.58% and a return on equity of 24.12%. The company’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.23 earnings per share. Apogee Enterprises updated its FY 2025 guidance to 4.900-4.900 EPS.

Apogee Enterprises Price Performance

Shares of APOG stock opened at $71.13 on Tuesday. Apogee Enterprises has a 1 year low of $51.15 and a 1 year high of $87.93. The firm’s 50 day moving average is $78.73 and its 200-day moving average is $71.00. The firm has a market capitalization of $1.56 billion, a price-to-earnings ratio of 14.97 and a beta of 1.04. The company has a current ratio of 1.65, a quick ratio of 1.32 and a debt-to-equity ratio of 0.12.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. DA Davidson boosted their price target on shares of Apogee Enterprises from $65.00 to $75.00 and gave the company a “neutral” rating in a research report on Tuesday, October 8th. StockNews.com upgraded shares of Apogee Enterprises from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, January 1st.

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).