Q1 Earnings Estimate for Apogee Enterprises Issued By Sidoti

Apogee Enterprises, Inc. (NASDAQ:APOG) – Sidoti raised their Q1 2028 earnings estimates for shares of Apogee Enterprises in a report issued on Friday, September 18th. Sidoti analyst J. Romero now forecasts that the industrial products company will earn $0.70 per share for the quarter, up from their prior estimate of $0.69. The consensus estimate for Apogee Enterprises’ current full-year earnings is $2.96 per share. Sidoti also issued estimates for Apogee Enterprises’ Q2 2028 earnings at $0.97 EPS, Q3 2028 earnings at $1.19 EPS, Q4 2028 earnings at $1.09 EPS and FY2028 earnings at $3.95 EPS.

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

Several other brokerages have also weighed in on APOG. Weiss Ratings lowered Apogee Enterprises from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, September 3rd. Wall Street Zen upgraded shares of Apogee Enterprises from a “hold” rating to a “buy” rating in a research note on Saturday, July 25th. Finally, Zacks Research cut Apogee Enterprises from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 31st. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Apogee Enterprises currently has an average rating of “Moderate Buy” and a consensus target price of $70.50.

Apogee Enterprises Stock Up 1.6%

Apogee Enterprises stock opened at $37.58 on Monday. The stock has a market cap of $784.29 million, a PE ratio of 11.78, a P/E/G ratio of 1.04 and a beta of 1.14. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.76 and a quick ratio of 1.34. The stock’s fifty day moving average is $40.21 and its two-hundred day moving average is $38.01. Apogee Enterprises has a 1-year low of $30.75 and a 1-year high of $50.88.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new stake in shares of Apogee Enterprises in the second quarter valued at about $155,501,000. Dimensional Fund Advisors LP grew its holdings in shares of Apogee Enterprises by 7.9% during the first quarter. Dimensional Fund Advisors LP now owns 1,063,485 shares of the industrial products company’s stock worth $35,668,000 after buying an additional 78,200 shares during the last quarter. Renaissance Technologies LLC increased its position in Apogee Enterprises by 11.7% in the 1st quarter. Renaissance Technologies LLC now owns 190,517 shares of the industrial products company’s stock valued at $6,390,000 after acquiring an additional 19,934 shares during the period. Bank of New York Mellon Corp purchased a new stake in Apogee Enterprises during the 2nd quarter valued at approximately $6,228,000. Finally, Grace & White Inc. NY raised its stake in Apogee Enterprises by 14.3% during the 1st quarter. Grace & White Inc. NY now owns 128,572 shares of the industrial products company’s stock valued at $4,312,000 after acquiring an additional 16,100 shares during the last quarter. 94.05% of the stock is currently owned by institutional investors and hedge funds.

Apogee Enterprises Company Profile

Apogee Enterprises, Inc is a manufacturer of architectural products and a provider of services used in the design and construction of commercial buildings. The company’s offerings include architectural glass, aluminum framing systems, windows, curtainwall systems and related building-envelope products. Its products are used in offices, educational facilities, healthcare buildings, hotels, airports and other large-scale structures.

Apogee also provides architectural and project-management services, including the design, engineering, fabrication and installation of custom building façades.