Apogee Enterprises (NASDAQ:APOG) Issues FY 2025 Earnings Guidance

Apogee Enterprises (NASDAQ:APOG - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 4.900-4.900 for the period, compared to the consensus estimate of 5.080. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.4 billion.

Apogee Enterprises Stock Down 19.0 %

Shares of Apogee Enterprises stock traded down $13.53 during trading on Tuesday, hitting $57.60. 965,332 shares of the stock traded hands, compared to its average volume of 419,979. The stock's fifty day simple moving average is $78.73 and its 200 day simple moving average is $71.00. Apogee Enterprises has a 52-week low of $51.15 and a 52-week high of $87.93. The firm has a market cap of $1.26 billion, a P/E ratio of 12.13 and a beta of 1.04. The company has a current ratio of 1.65, a quick ratio of 1.32 and a debt-to-equity ratio of 0.12.

Apogee Enterprises (NASDAQ:APOG - Get Free Report) last issued its quarterly earnings data on Tuesday, January 7th. The industrial products company reported $1.19 earnings per share for the quarter, beating analysts' consensus estimates of $1.11 by $0.08. Apogee Enterprises had a return on equity of 24.12% and a net margin of 7.58%. The company had revenue of $341.30 million for the quarter, compared to the consensus estimate of $332.27 million. During the same quarter last year, the company earned $1.23 earnings per share. The firm's revenue for the quarter was up .5% compared to the same quarter last year. On average, equities analysts predict that Apogee Enterprises will post 5.06 earnings per share for the current fiscal year.

Analyst Ratings Changes

APOG has been the topic of several analyst reports. DA Davidson increased their price target on Apogee Enterprises from $65.00 to $75.00 and gave the stock 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 note 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).