Analysts Offer Predictions for APOG FY2027 Earnings

Apogee Enterprises, Inc. (NASDAQ:APOG) – Equities researchers at Sidoti increased their FY2027 earnings per share estimates for shares of Apogee Enterprises in a note issued to investors on Wednesday, October 7th. Sidoti analyst J. Romero now expects that the industrial products company will post earnings of $3.36 per share for the year, up from their previous forecast of $2.89. The consensus estimate for Apogee Enterprises’ current full-year earnings is $3.03 per share. Sidoti also issued estimates for Apogee Enterprises’ Q3 2028 earnings at $1.13 EPS and Q4 2028 earnings at $1.05 EPS.

Several other equities analysts have also commented on APOG. Weiss Ratings raised shares of Apogee Enterprises from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, September 24th. 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 shares of Apogee Enterprises from a “strong-buy” rating to a “hold” rating in a report on Monday, August 31st. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $70.50.

Apogee Enterprises Price Performance

Shares of APOG stock opened at $40.77 on Friday. Apogee Enterprises has a fifty-two week low of $30.75 and a fifty-two week high of $50.88. The firm has a market capitalization of $852.09 million, a price-to-earnings ratio of 12.90, a PEG ratio of 1.13 and a beta of 1.12. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.34 and a current ratio of 1.78. The stock’s 50-day simple moving average is $39.47 and its 200-day simple moving average is $38.30.

Apogee Enterprises (NASDAQ:APOG) last announced its earnings results on Tuesday, October 6th. The industrial products company reported $1.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.58. Apogee Enterprises had a return on equity of 15.20% and a net margin of 4.68%.The company had revenue of $391.13 million for the quarter, compared to analyst estimates of $362.61 million. During the same period in the prior year, the company posted $0.98 EPS. The firm’s quarterly revenue was up 9.2% compared to the same quarter last year. Apogee Enterprises has set its FY 2027 guidance at 3.000-3.400 EPS.

Hedge Funds Weigh In On Apogee Enterprises

A number of institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC increased its stake in shares of Apogee Enterprises by 18.3% in the third quarter. GAMMA Investing LLC now owns 2,883 shares of the industrial products company’s stock worth $102,000 after acquiring an additional 447 shares during the period. Versant Capital Management Inc raised its holdings in shares of Apogee Enterprises by 398.9% during the third quarter. Versant Capital Management Inc now owns 1,312 shares of the industrial products company’s stock worth $46,000 after purchasing an additional 1,049 shares during the last quarter. Tidal Investments LLC acquired a new position in Apogee Enterprises during the second quarter valued at $288,000. Squarepoint Ops LLC lifted its position in Apogee Enterprises by 17.3% during the second quarter. Squarepoint Ops LLC now owns 47,601 shares of the industrial products company’s stock valued at $2,177,000 after purchasing an additional 7,020 shares during the period. Finally, Arizona State Retirement System purchased a new stake in Apogee Enterprises in the second quarter valued at $265,000. 94.05% of the stock is owned by hedge funds and other institutional investors.

Apogee Enterprises Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Tuesday, October 20th will be given a $0.27 dividend. The ex-dividend date is Tuesday, October 20th. This represents a $1.08 dividend on an annualized basis and a yield of 2.6%. Apogee Enterprises’s dividend payout ratio is currently 33.86%.

About Apogee Enterprises

Apogee Enterprises, Inc is a manufacturer of architectural products and high-performance glass and coating solutions. The company serves the commercial construction, architectural, aerospace, defense, medical, electronics and other specialized markets through operations primarily in North America, with products and services sold to customers in additional international markets.

Apogee’s Architectural Framing Systems segment produces aluminum framing systems, curtainwall, storefront, windows and related components used in commercial and institutional buildings.