Apogee Enterprises (NASDAQ:APOG - Get Free Report) released its quarterly earnings results on Tuesday. The industrial products company reported $1.19 earnings per share for the quarter, topping analysts' consensus estimates of $1.11 by $0.08, RTT News reports. The company had revenue of $341.30 million during the quarter, compared to analysts' expectations of $332.27 million. Apogee Enterprises had a return on equity of 24.12% and a net margin of 7.58%. Apogee Enterprises's quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.23 EPS. Apogee Enterprises updated its FY 2025 guidance to 4.900-4.900 EPS.
Apogee Enterprises Stock Performance
Shares of APOG stock traded down $13.53 during mid-day trading on Tuesday, hitting $57.60. 965,332 shares of the stock were exchanged, compared to its average volume of 419,979. The stock's fifty day simple moving average is $78.37 and its two-hundred day simple moving average is $70.98. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of 12.13 and a beta of 1.04. Apogee Enterprises has a 12-month low of $51.15 and a 12-month high of $87.93. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.32 and a current ratio of 1.65.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on APOG shares. StockNews.com upgraded Apogee Enterprises from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, January 1st. DA Davidson increased their price objective on Apogee Enterprises from $65.00 to $75.00 and gave the stock a "neutral" rating in a research report on Tuesday, October 8th.
Check Out Our Latest Stock Analysis on APOG
About Apogee Enterprises
(
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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).
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