Q3 EPS Forecast for Apogee Enterprises Lowered by Analyst

Apogee Enterprises, Inc. (NASDAQ:APOG) – Equities research analysts at Sidoti dropped their Q3 2027 earnings per share estimates for shares of Apogee Enterprises in a research report issued on Tuesday, June 30th. Sidoti analyst J. Romero now anticipates that the industrial products company will post earnings per share of $0.83 for the quarter, down from their prior forecast of $0.92. The consensus estimate for Apogee Enterprises’ current full-year earnings is $2.94 per share. Sidoti also issued estimates for Apogee Enterprises’ Q4 2027 earnings at $0.99 EPS.

Several other equities analysts have also recently commented on the stock. Weiss Ratings reiterated a “sell (d+)” rating on shares of Apogee Enterprises in a research note on Monday, April 20th. Zacks Research upgraded shares of Apogee Enterprises from a “strong sell” rating to a “hold” rating in a research report on Friday, June 12th. Finally, Wall Street Zen upgraded shares of Apogee Enterprises from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 27th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $70.50.

Apogee Enterprises Stock Down 4.2%

APOG opened at $43.84 on Thursday. The business has a 50 day moving average of $38.21 and a 200-day moving average of $37.40. The stock has a market capitalization of $935.98 million, a price-to-earnings ratio of 13.74, a P/E/G ratio of 1.30 and a beta of 1.13. The company has a current ratio of 1.76, a quick ratio of 1.34 and a debt-to-equity ratio of 0.46. Apogee Enterprises has a 1-year low of $30.75 and a 1-year high of $50.88.

Apogee Enterprises (NASDAQ:APOG) last issued its quarterly earnings results on Friday, June 26th. The industrial products company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.43 by $0.14. Apogee Enterprises had a return on equity of 14.72% and a net margin of 4.88%.The company had revenue of $342.68 million for the quarter, compared to the consensus estimate of $333.84 million. During the same period in the previous year, the business posted ($0.13) EPS. The company’s revenue for the quarter was down 1.1% on a year-over-year basis. Apogee Enterprises has set its FY 2027 guidance at 2.700-3.250 EPS.

Apogee Enterprises Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 29th. Investors of record on Tuesday, July 14th will be paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Tuesday, July 14th. Apogee Enterprises’s dividend payout ratio is presently 33.86%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Parallel Advisors LLC bought a new stake in Apogee Enterprises in the 1st quarter valued at $30,000. Raymond James Financial Inc. bought a new position in shares of Apogee Enterprises during the 2nd quarter worth about $38,000. PNC Financial Services Group Inc. lifted its holdings in shares of Apogee Enterprises by 38.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,065 shares of the industrial products company’s stock worth $36,000 after acquiring an additional 296 shares during the period. Meeder Asset Management Inc. acquired a new stake in shares of Apogee Enterprises during the 1st quarter valued at about $41,000. Finally, Hantz Financial Services Inc. boosted its position in shares of Apogee Enterprises by 79.5% during the 4th quarter. Hantz Financial Services Inc. now owns 1,255 shares of the industrial products company’s stock valued at $46,000 after acquiring an additional 556 shares in the last quarter. 94.05% of the stock is owned by institutional investors.

Apogee Enterprises Company Profile

Apogee Enterprises, Inc is a diversified manufacturer and distributor of value-added architectural products and services. The company specializes in the design, fabrication and installation of high-performance glass, framing systems, curtain walls, skylights and other building envelope solutions. Its operations span three primary platforms—Architectural Framing Systems, Architectural Glass and Architectural Services—enabling Apogee to deliver complete, integrated façade systems for new construction, renovation and retrofit projects.

Headquartered in Minneapolis, Minnesota, Apogee traces its roots to the mid-20th century and today serves commercial, institutional and residential markets across North America and Europe.