Apogee Enterprises (NASDAQ:APOG) Issues Earnings Results

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

Apogee Enterprises Price Performance

NASDAQ:APOG opened at $52.52 on Thursday. Apogee Enterprises has a 12-month low of $51.15 and a 12-month high of $87.93. The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of 11.06 and a beta of 1.04. The stock’s 50 day moving average price is $77.90 and its two-hundred day moving average price is $70.85. The company has a quick ratio of 1.32, a current ratio of 1.65 and a debt-to-equity ratio of 0.12.

Wall Street Analyst Weigh In

APOG has been the topic of a number of recent research reports. StockNews.com downgraded shares of Apogee Enterprises from a “strong-buy” rating to a “buy” rating in a report on Thursday. DA Davidson cut their price objective on Apogee Enterprises from $75.00 to $62.00 and set a “neutral” rating for the company in a report on Wednesday.

About Apogee Enterprises

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).