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NASDAQ:APOG

Apogee Enterprises (APOG) Stock Price, News & Analysis

$69.81
+0.14 (+0.20%)
(As of 09/27/2024 08:50 PM ET)

About Apogee Enterprises Stock (NASDAQ:APOG)

Key Stats

Today's Range
$69.15
$71.49
50-Day Range
$60.91
$69.81
52-Week Range
$41.01
$71.49
Volume
121,000 shs
Average Volume
142,927 shs
Market Capitalization
$1.53 billion
P/E Ratio
14.33
Dividend Yield
1.43%
Price Target
$65.00
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
77th Percentile Overall Score

APOG MarketRank™: 

Apogee Enterprises scored higher than 77% of companies evaluated by MarketBeat, and ranked 74th out of 177 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 received no research coverage 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 -7.61% in the coming year, from $4.86 to $4.49 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Apogee Enterprises is 14.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.76.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Apogee Enterprises is 14.33, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 17.89.

  • Price to Book Value per Share Ratio

    Apogee Enterprises has a P/B Ratio of 3.27. 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

    4.70% 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 6.7.
  • Change versus previous month

  • Dividend Yield

    Apogee Enterprises pays a meaningful dividend of 1.44%, 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 20.53%. 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 22.27% 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

    4.70% 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 6.7.
  • Change versus previous month

  • News Sentiment

    Apogee Enterprises has a news sentiment score of 0.64. 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 13 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. This is an increase of 100% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Apogee Enterprises to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Apogee Enterprises insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $321,700.00 in 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

Apogee Enterprises (NASDAQ:APOG) Hits New 52-Week High at $70.81
Apogee Enterprises Acquires UW Interco for $240M
WARNING: “Buffett Indicator” flashing for first time in 50 years
The stock market collapsed and didn't recover for an entire decade. And what we're facing today could be even worse. That's why the actions you take in the next 90 days could be crucial for your financial future.
Apogee Enterprises (NASDAQ:APOG) Shares Gap Up to $66.71
HEARTWOOD PARTNERS SIGNS AGREEMENT TO SELL UW SOLUTIONS
Apogee To Acquire UW Solutions From Heartwood Partners - Quick Facts
Apogee Enterprises to Acquire UW Solutions
See More Headlines

APOG Stock Analysis - Frequently Asked Questions

Apogee Enterprises' stock was trading at $53.41 at the beginning of 2024. Since then, APOG stock has increased by 30.7% and is now trading at $69.81.
View the best growth stocks for 2024 here
.

Apogee Enterprises, Inc. (NASDAQ:APOG) posted its quarterly earnings data on Thursday, June, 27th. The industrial products company reported $1.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.16 by $0.28. Apogee Enterprises's revenue for the quarter was down 8.3% compared to the same quarter last year.

Apogee Enterprises subsidiaries include these companies: EFCO Corporation., Sotawall, Alumicor Ltd., Glassec Viracon, Tubelite, Alumicor Limited, Apogee Services Inc., and more.

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 Energy Transfer (ET), Home Depot (HD), AT&T (T), AbbVie (ABBV), Johnson & Johnson (JNJ), McDonald's (MCD) and Verizon Communications (VZ).

Company Calendar

Last Earnings
6/27/2024
Ex-Dividend for 7/25 Dividend
7/10/2024
Dividend Payable
7/25/2024
Today
9/30/2024
Next Earnings (Confirmed)
10/04/2024
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
$65.00
High Stock Price Target
$65.00
Low Stock Price Target
$65.00
Potential Upside/Downside
-6.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$99.61 million
Pretax Margin
10.02%

Debt

Sales & Book Value

Annual Sales
$1.39 billion
Cash Flow
$6.89 per share
Book Value
$21.33 per share

Miscellaneous

Free Float
21,494,000
Market Cap
$1.53 billion
Optionable
Optionable
Beta
0.98

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This page (NASDAQ:APOG) was last updated on 9/30/2024 by MarketBeat.com Staff
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