Apogee Enterprises (NASDAQ:APOG) Releases 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.

Apogee Enterprises Stock Performance

Shares of APOG opened at $83.93 on Friday. Apogee Enterprises has a 1 year low of $41.01 and a 1 year high of $86.22. The stock has a market capitalization of $1.84 billion, a P/E ratio of 17.23 and a beta of 0.98. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.29 and a current ratio of 1.64. The company’s fifty day moving average is $65.46 and its two-hundred day moving average is $63.10.

Apogee Enterprises Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 6th. Investors of record on Tuesday, October 22nd will be given a $0.25 dividend. The ex-dividend date is Tuesday, October 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 1.19%. Apogee Enterprises’s payout ratio is currently 20.53%.

Analyst Upgrades and Downgrades

APOG has been the subject of several recent analyst reports. DA Davidson raised their price target on Apogee Enterprises from $60.00 to $65.00 and gave the company a neutral rating in a 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.

Insider Activity at Apogee Enterprises

In other news, insider Brent C. Jewell sold 5,000 shares of the stock in a transaction that occurred on Tuesday, July 16th. The shares were sold at an average price of $64.34, for a total value of $321,700.00. Following the sale, the insider now directly owns 23,405 shares in the company, valued at $1,505,877.70. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.00% of the stock is owned by corporate insiders.

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).