Apogee Enterprises (NASDAQ:APOG) Releases FY25 Earnings Guidance

Apogee Enterprises (NASDAQ:APOG) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $4.35-4.75 for the period, compared to the consensus estimate of $4.45. The company issued revenue guidance of decline of 4-7% to $1.34-1.38 billion, compared to the consensus revenue estimate of $1.36 billion. Apogee Enterprises also updated its FY 2025 guidance to 4.350-4.750 EPS.

Apogee Enterprises Trading Down 0.5 %

APOG stock opened at $55.92 on Thursday. The business has a fifty day moving average price of $57.02 and a 200 day moving average price of $51.59. Apogee Enterprises has a fifty-two week low of $36.62 and a fifty-two week high of $60.40. The stock has a market capitalization of $1.23 billion, a price-to-earnings ratio of 11.87 and a beta of 1.10. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.57 and a quick ratio of 1.28.

Institutional Investors Weigh In On Apogee Enterprises

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. West Tower Group LLC increased its stake in shares of Apogee Enterprises by 167.1% in the 4th quarter. West Tower Group LLC now owns 577 shares of the industrial products company’s stock valued at $31,000 after buying an additional 361 shares during the period. Point72 Middle East FZE acquired a new stake in shares of Apogee Enterprises in the 4th quarter valued at $42,000. Stonebridge Capital Advisors LLC acquired a new stake in shares of Apogee Enterprises in the 1st quarter valued at $47,000. Point72 Hong Kong Ltd increased its stake in shares of Apogee Enterprises by 35.1% in the 1st quarter. Point72 Hong Kong Ltd now owns 1,300 shares of the industrial products company’s stock valued at $62,000 after buying an additional 338 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in shares of Apogee Enterprises by 20.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,300 shares of the industrial products company’s stock valued at $62,000 after buying an additional 220 shares during the period. 94.05% of the stock is owned by institutional investors and hedge funds.

About Apogee Enterprises

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.