Apogee Enterprises (NASDAQ:APOG) Updates FY 2025 Earnings Guidance

Apogee Enterprises (NASDAQ:APOG) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 4.900-5.200 for the period, compared to the consensus estimate of 4.820. The company issued revenue guidance of $1.3 billion-$1.4 billion, compared to the consensus revenue estimate of $1.3 billion. Apogee Enterprises also updated its FY25 guidance to $4.90-5.20 EPS.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. DA Davidson raised their price target on 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.

Apogee Enterprises Stock Up 22.7 %

NASDAQ APOG opened at $83.93 on Monday. Apogee Enterprises has a fifty-two week low of $41.01 and a fifty-two week high of $86.22. The business has a fifty day moving average price of $65.77 and a two-hundred day moving average price of $63.36. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.64 and a quick ratio of 1.29. The stock has a market capitalization of $1.84 billion, a PE ratio of 17.23 and a beta of 0.98.

Apogee Enterprises (NASDAQ:APOG) last released its quarterly earnings data on Friday, October 4th. The industrial products company reported $1.44 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.24. The business had revenue of $342.40 million for the quarter, compared to analyst estimates of $335.31 million. Apogee Enterprises had a return on equity of 24.74% and a net margin of 7.72%. Apogee Enterprises’s revenue was down 3.2% compared to the same quarter last year. During the same period last year, the firm posted $1.36 earnings per share. Equities analysts expect that Apogee Enterprises will post 4.86 earnings per share for the current fiscal year.

Apogee Enterprises Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 6th. Investors of record on Tuesday, October 22nd will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.19%. The ex-dividend date is Tuesday, October 22nd. Apogee Enterprises’s dividend payout ratio (DPR) is presently 20.53%.

Insider Buying and Selling at Apogee Enterprises

In other Apogee Enterprises news, insider Brent C. Jewell sold 5,000 shares of the company’s stock in a transaction dated Tuesday, July 16th. The stock was sold at an average price of $64.34, for a total value of $321,700.00. Following the completion of the transaction, the insider now owns 23,405 shares of the company’s stock, valued at $1,505,877.70. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 2.00% 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).