Apogee Enterprises (NASDAQ:APOG) Updates FY25 Earnings Guidance

Apogee Enterprises (NASDAQ:APOG) updated its FY25 earnings guidance on Friday. The company provided EPS guidance of $4.90-5.20 for the period, compared to the consensus EPS 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.

Wall Street Analysts Forecast Growth

A number of research firms have commented on APOG. StockNews.com raised Apogee Enterprises from a buy rating to a strong-buy rating in a report on Friday, July 26th. DA Davidson lifted their price objective on Apogee Enterprises from $60.00 to $65.00 and gave the stock a neutral rating in a report on Friday, June 28th.

Apogee Enterprises Trading Up 22.7 %

Shares of Apogee Enterprises stock 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 company’s fifty day simple moving average is $65.46 and its 200-day simple moving average is $63.10. 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 Dividend Announcement

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

Insider Buying and Selling at Apogee Enterprises

In related news, insider Brent C. Jewell sold 5,000 shares of the company’s stock in a transaction 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 completion of the transaction, the insider now owns 23,405 shares of the company’s stock, valued at approximately $1,505,877.70. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 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).