Apogee Enterprises (NASDAQ:APOG) Issues Earnings Results, Beats Estimates By $0.08 EPS

Apogee Enterprises (NASDAQ:APOG) issued its quarterly earnings data on Tuesday. The industrial products company reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.08, RTT News reports. The business had revenue of $341.30 million during the quarter, compared to analyst estimates of $332.27 million. Apogee Enterprises had a net margin of 7.58% and a return on equity of 24.12%. The firm’s quarterly revenue was up .5% on a year-over-year basis. During the same quarter last year, the business earned $1.23 EPS. Apogee Enterprises updated its FY 2025 guidance to 4.900-4.900 EPS.

Apogee Enterprises Trading Down 19.0 %

Shares of APOG opened at $57.60 on Wednesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.32 and a current ratio of 1.65. The firm has a market cap of $1.26 billion, a P/E ratio of 12.13 and a beta of 1.04. Apogee Enterprises has a fifty-two week low of $51.15 and a fifty-two week high of $87.93. The business has a 50-day moving average of $78.37 and a 200 day moving average of $70.98.

Wall Street Analyst Weigh In

A number of research firms have weighed in on APOG. DA Davidson increased their target price on shares of Apogee Enterprises from $65.00 to $75.00 and gave the company a “neutral” rating in a research report on Tuesday, October 8th. StockNews.com raised shares of Apogee Enterprises from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, January 1st.

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).