Apogee Enterprises (NASDAQ:APOG) Releases FY25 Earnings Guidance

Apogee Enterprises (NASDAQ:APOG) updated its FY25 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of $4.90-5.20 for the period, compared to the consensus estimate of $4.82. The company issued revenue guidance of +4-7% yr/yr to ~$1.34-1.38 billion, compared to the consensus revenue estimate of $1.34 billion. Apogee Enterprises also updated its FY 2025 guidance to 4.900-5.200 EPS.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. DA Davidson raised their target price on shares of Apogee Enterprises from $60.00 to $65.00 and gave the company a neutral rating in a research report on Friday, June 28th. StockNews.com raised shares of Apogee Enterprises from a buy rating to a strong-buy rating in a research report on Friday, July 26th.

Apogee Enterprises Stock Performance

NASDAQ APOG opened at $83.93 on Friday. The firm 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 current ratio of 1.64, a quick ratio of 1.29 and a debt-to-equity ratio of 0.16. The firm’s fifty day moving average price is $65.77 and its two-hundred day moving average price is $63.29. Apogee Enterprises has a 1 year low of $41.01 and a 1 year high of $86.22.

Apogee Enterprises (NASDAQ:APOG) last issued its earnings results on Friday, October 4th. The industrial products company reported $1.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.24. Apogee Enterprises had a net margin of 7.72% and a return on equity of 24.74%. The company had revenue of $342.40 million for the quarter, compared to analysts’ expectations of $335.31 million. During the same period in the prior year, the firm earned $1.36 EPS. Apogee Enterprises’s quarterly revenue was down 3.2% compared to the same quarter last year. As a group, research analysts anticipate that Apogee Enterprises will post 4.86 EPS for the current year.

Apogee Enterprises Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 6th. Stockholders 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 dividend yield of 1.19%. Apogee Enterprises’s payout ratio is 20.53%.

Insider Transactions at Apogee Enterprises

In related news, insider Brent C. Jewell sold 5,000 shares of the stock in a transaction on Tuesday, July 16th. The stock was sold at an average price of $64.34, for a total value of $321,700.00. Following the sale, the insider now owns 23,405 shares in the company, valued at approximately $1,505,877.70. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.00% of the stock is currently 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).