Q1 EPS Estimate for Apogee Enterprises Increased by Analyst

Apogee Enterprises, Inc. (NASDAQ:APOG) – Investment analysts at Sidoti lifted their Q1 2028 earnings estimates for shares of Apogee Enterprises in a research note issued on Friday, September 18th. Sidoti analyst J. Romero now forecasts that the industrial products company will earn $0.70 per share for the quarter, up from their previous estimate of $0.69. The consensus estimate for Apogee Enterprises’ current full-year earnings is $2.96 per share. Sidoti also issued estimates for Apogee Enterprises’ Q2 2028 earnings at $0.97 EPS, Q3 2028 earnings at $1.19 EPS, Q4 2028 earnings at $1.09 EPS and FY2028 earnings at $3.95 EPS.

A number of other brokerages have also recently weighed in on APOG. Wall Street Zen upgraded Apogee Enterprises from a “hold” rating to a “buy” rating in a research note on Saturday, July 25th. Weiss Ratings lowered Apogee Enterprises from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, September 3rd. Finally, Zacks Research downgraded shares of Apogee Enterprises from a “strong-buy” rating to a “hold” rating in a report on Monday, August 31st. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $70.50.

Apogee Enterprises Stock Up 0.5%

Shares of NASDAQ APOG opened at $36.97 on Monday. The company has a current ratio of 1.76, a quick ratio of 1.34 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $771.56 million, a PE ratio of 11.59, a price-to-earnings-growth ratio of 1.04 and a beta of 1.14. The stock’s fifty day simple moving average is $40.23 and its two-hundred day simple moving average is $38.01. Apogee Enterprises has a 12-month low of $30.75 and a 12-month high of $50.88.

Apogee Enterprises (NASDAQ:APOG) last released its quarterly earnings data on Friday, June 26th. The industrial products company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.14. The firm had revenue of $342.68 million for the quarter, compared to the consensus estimate of $333.84 million. Apogee Enterprises had a net margin of 4.88% and a return on equity of 14.72%. The company’s quarterly revenue was down 1.1% on a year-over-year basis. During the same period last year, the firm earned ($0.13) earnings per share. Apogee Enterprises has set its FY 2027 guidance at 2.700-3.250 EPS.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Parallel Advisors LLC purchased a new position in Apogee Enterprises during the first quarter worth approximately $30,000. PNC Financial Services Group Inc. lifted its position in shares of Apogee Enterprises by 38.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,065 shares of the industrial products company’s stock valued at $36,000 after buying an additional 296 shares in the last quarter. Quantbot Technologies LP purchased a new position in shares of Apogee Enterprises during the 2nd quarter valued at approximately $39,000. Meeder Asset Management Inc. acquired a new stake in Apogee Enterprises in the 1st quarter valued at $41,000. Finally, Hantz Financial Services Inc. increased its holdings in Apogee Enterprises by 79.5% in the 4th quarter. Hantz Financial Services Inc. now owns 1,255 shares of the industrial products company’s stock worth $46,000 after acquiring an additional 556 shares in the last quarter. 94.05% of the stock is owned by institutional investors and hedge funds.

Apogee Enterprises Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 29th. Shareholders of record on Tuesday, July 14th were issued a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Tuesday, July 14th. Apogee Enterprises’s dividend payout ratio is presently 33.86%.

About Apogee Enterprises

Apogee Enterprises, Inc is a manufacturer of architectural products and a provider of services used in the design and construction of commercial buildings. The company’s offerings include architectural glass, aluminum framing systems, windows, curtainwall systems and related building-envelope products. Its products are used in offices, educational facilities, healthcare buildings, hotels, airports and other large-scale structures.

Apogee also provides architectural and project-management services, including the design, engineering, fabrication and installation of custom building façades.