Apogee Enterprises, Inc. (NASDAQ:APOG) to Post FY2025 Earnings of $4.54 Per Share, DA Davidson Forecasts

Apogee Enterprises, Inc. (NASDAQ:APOG) – Equities research analysts at DA Davidson lifted their FY2025 earnings per share (EPS) estimates for shares of Apogee Enterprises in a research report issued on Tuesday, April 23rd. DA Davidson analyst B. Thielman now expects that the industrial products company will earn $4.54 per share for the year, up from their prior estimate of $4.12. The consensus estimate for Apogee Enterprises’ current full-year earnings is $4.59 per share.

Apogee Enterprises (NASDAQ:APOG) last posted its quarterly earnings results on Thursday, April 18th. The industrial products company reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.17. Apogee Enterprises had a return on equity of 23.84% and a net margin of 7.03%. The business had revenue of $361.80 million for the quarter, compared to the consensus estimate of $337.84 million. During the same quarter in the prior year, the company earned $0.86 EPS. The business’s revenue was up 5.1% compared to the same quarter last year.

Apogee Enterprises Price Performance

Shares of APOG stock opened at $62.26 on Wednesday. Apogee Enterprises has a 1-year low of $36.62 and a 1-year high of $62.99. The stock’s 50-day moving average is $57.38 and its 200 day moving average is $52.01. The company has a market cap of $1.37 billion, a P/E ratio of 13.80 and a beta of 1.10. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.47 and a quick ratio of 1.18.

Institutional Investors Weigh In On Apogee Enterprises

A number of institutional investors have recently added to or reduced their stakes in APOG. GAMMA Investing LLC bought a new stake in Apogee Enterprises during the fourth quarter valued at about $31,000. DekaBank Deutsche Girozentrale bought a new stake in Apogee Enterprises during the third quarter valued at about $56,000. Allspring Global Investments Holdings LLC boosted its position in Apogee Enterprises by 599.4% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,119 shares of the industrial products company’s stock valued at $66,000 after purchasing an additional 959 shares in the last quarter. Mutual of America Capital Management LLC bought a new stake in Apogee Enterprises during the fourth quarter valued at about $206,000. Finally, Handelsbanken Fonder AB bought a new stake in Apogee Enterprises during the fourth quarter valued at about $211,000. Institutional investors own 94.05% of the company’s stock.

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.