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NASDAQ:APOG

Apogee Enterprises (APOG) Stock Price, News & Analysis

Apogee Enterprises logo
$71.28 -0.45 (-0.63%)
(As of 12/20/2024 05:40 PM ET)

About Apogee Enterprises Stock (NASDAQ:APOG)

Key Stats

Today's Range
$70.61
$73.50
50-Day Range
$71.28
$87.22
52-Week Range
$50.78
$87.93
Volume
816,700 shs
Average Volume
150,253 shs
Market Capitalization
$1.56 billion
P/E Ratio
15.01
Dividend Yield
1.40%
Price Target
$75.00
Consensus Rating
Hold

Company Overview

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). The Architectural Framing Systems segment designs, engineers, fabricates, finishes, and installs custom glass and aluminum window, curtainwall, storefront, and entrance systems for the exterior of buildings primarily in the non-residential construction sectors. The Architectural Glass segment provides a range of high-performance glass products for use in windows, curtainwall, storefront, and entrance systems. The Architectural Services segment integrates technical services, project management, and field installation services to design, engineer, fabricate, and install building glass and curtainwall systems. The LSO segment manufactures high-performance glazing products for the custom framing, fine art, and engineered optics markets. The company's products and services are primarily used in commercial buildings, such as office buildings, hotels, and retail centers; institutional buildings comprising education facilities, health care facilities, and government buildings; transportation facilities, such as airports and transit terminals, as well as multi-family residential buildings. It markets its architectural products and services through direct sales force, independent sales representatives, distributors, and glazing subcontractors and general contractors; and value-added glass and acrylics through retail chains, as well as independent distributors to museums, galleries, and other customers. The company was incorporated in 1949 and is based in Minneapolis, Minnesota.

Apogee Enterprises Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
73rd Percentile Overall Score

APOG MarketRank™: 

Apogee Enterprises scored higher than 73% of companies evaluated by MarketBeat, and ranked 88th out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Apogee Enterprises has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Apogee Enterprises has only been the subject of 1 research reports in the past 90 days.

  • Read more about Apogee Enterprises' stock forecast and price target.
  • Earnings Growth

    Earnings for Apogee Enterprises are expected to decrease by -7.31% in the coming year, from $5.06 to $4.69 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Apogee Enterprises is 15.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.35.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Apogee Enterprises is 15.01, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 21.08.

  • Price to Book Value per Share Ratio

    Apogee Enterprises has a P/B Ratio of 3.34. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Apogee Enterprises' valuation and earnings.
  • Percentage of Shares Shorted

    4.03% of the float of Apogee Enterprises has been sold short.
  • Short Interest Ratio / Days to Cover

    Apogee Enterprises has a short interest ratio ("days to cover") of 5.5.
  • Change versus previous month

    Short interest in Apogee Enterprises has recently increased by 9.06%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Apogee Enterprises pays a meaningful dividend of 1.30%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Apogee Enterprises has been increasing its dividend for 13 years.

  • Dividend Coverage

    The dividend payout ratio of Apogee Enterprises is 21.05%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Apogee Enterprises will have a dividend payout ratio of 21.32% next year. This indicates that Apogee Enterprises will be able to sustain or increase its dividend.

  • Read more about Apogee Enterprises' dividend.
  • Percentage of Shares Shorted

    4.03% of the float of Apogee Enterprises has been sold short.
  • Short Interest Ratio / Days to Cover

    Apogee Enterprises has a short interest ratio ("days to cover") of 5.5.
  • Change versus previous month

    Short interest in Apogee Enterprises has recently increased by 9.06%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Apogee Enterprises has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Apogee Enterprises this week, compared to 3 articles on an average week.
  • Search Interest

    4 people have searched for APOG on MarketBeat in the last 30 days.
  • MarketBeat Follows

    2 people have added Apogee Enterprises to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Apogee Enterprises insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 2.00% of the stock of Apogee Enterprises is held by insiders.

  • Percentage Held by Institutions

    94.05% of the stock of Apogee Enterprises is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Apogee Enterprises' insider trading history.
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APOG Stock News Headlines

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APOG Stock Analysis - Frequently Asked Questions

Apogee Enterprises' stock was trading at $53.41 at the start of the year. Since then, APOG shares have increased by 33.5% and is now trading at $71.28.
View the best growth stocks for 2024 here
.

Apogee Enterprises, Inc. (NASDAQ:APOG) announced its quarterly earnings results on Friday, October, 4th. The industrial products company reported $1.44 EPS for the quarter, topping the consensus estimate of $1.23 by $0.21. The company's revenue was down 3.2% compared to the same quarter last year.

The following companies are subsidiaries of Apogee Enterprises: EFCO Corporation., Sotawall, Alumicor Ltd., Glassec Viracon, Tubelite, Alumicor Limited, Apogee Services Inc., and more.

Top institutional investors of Apogee Enterprises include Victory Capital Management Inc. (4.92%), State Street Corp (3.93%), Pacer Advisors Inc. (3.56%) and Segall Bryant & Hamill LLC (3.07%). Insiders that own company stock include Jane Marie Boyce, Gary Robert Johnson, Troy R Johnson, Curtis John Dobler, Meghan Marie Elliott, Brent C Jewell, Mark Richard Augdahl and Lloyd Emerson Johnson.
View institutional ownership trends
.

Shares of APOG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Apogee Enterprises investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), AUO (AUOTY), The RMR Group (RMR), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

Last Earnings
10/04/2024
Ex-Dividend for 11/6 Dividend
10/22/2024
Dividend Payable
11/06/2024
Today
12/22/2024
Next Earnings (Confirmed)
1/07/2025
Fiscal Year End
2/28/2025

Industry, Sector and Symbol

Industry
Products of purchased glass
Sub-Industry
Building Products
Current Symbol
NASDAQ:APOG
CUSIP
03759810
CIK
6845
Fax
N/A
Employees
4,400
Year Founded
1949

Price Target and Rating

Average Stock Price Target
$75.00
High Stock Price Target
$75.00
Low Stock Price Target
$75.00
Potential Upside/Downside
+5.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$99.61 million
Pretax Margin
9.94%

Debt

Sales & Book Value

Annual Sales
$1.38 billion
Cash Flow
$5.93 per share
Book Value
$21.33 per share

Miscellaneous

Free Float
21,504,000
Market Cap
$1.56 billion
Optionable
Optionable
Beta
0.99

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This page (NASDAQ:APOG) was last updated on 12/22/2024 by MarketBeat.com Staff
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