Apogee Enterprises (NASDAQ:APOG) Posts Earnings Results, Beats Estimates By $0.08 EPS

Apogee Enterprises (NASDAQ:APOG) announced its earnings results on Tuesday. The industrial products company reported $1.19 EPS for the quarter, beating 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 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 firm’s revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.23 earnings per share. Apogee Enterprises updated its FY 2025 guidance to 4.900-4.900 EPS.

Apogee Enterprises Price Performance

Apogee Enterprises stock opened at $57.60 on Wednesday. Apogee Enterprises has a 1 year low of $51.15 and a 1 year high of $87.93. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.65 and a quick ratio of 1.32. The stock has a market cap of $1.26 billion, a price-to-earnings ratio of 12.13 and a beta of 1.04. The firm has a 50-day moving average of $78.37 and a two-hundred day moving average of $70.98.

Wall Street Analyst Weigh In

A number of research firms have recently commented on APOG. DA Davidson increased their target price on Apogee Enterprises from $65.00 to $75.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 8th. StockNews.com upgraded shares of Apogee Enterprises from a “buy” rating to a “strong-buy” rating in a report 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).