Apogee Enterprises (NASDAQ:APOG) Updates FY 2025 Earnings Guidance

Apogee Enterprises (NASDAQ:APOG) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 4.350-4.750 for the period, compared to the consensus earnings per share estimate of 4.440. The company issued revenue guidance of $1.3 billion-$1.4 billion, compared to the consensus revenue estimate of $1.4 billion. Apogee Enterprises also updated its FY25 guidance to $4.35-4.75 EPS.

Apogee Enterprises Price Performance

Shares of Apogee Enterprises stock opened at $59.84 on Friday. The firm has a fifty day simple moving average of $57.13 and a 200-day simple moving average of $51.64. The company has a current ratio of 1.57, a quick ratio of 1.28 and a debt-to-equity ratio of 0.22. Apogee Enterprises has a 1-year low of $36.62 and a 1-year high of $62.99. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of 12.70 and a beta of 1.10.

Apogee Enterprises (NASDAQ:APOG) last released its earnings results on Thursday, April 18th. The industrial products company reported $1.14 EPS for the quarter, beating the consensus estimate of $0.97 by $0.17. The firm had revenue of $361.80 million during the quarter, compared to analysts’ expectations of $337.84 million. Apogee Enterprises had a net margin of 7.44% and a return on equity of 23.47%. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.86 EPS. On average, sell-side analysts expect that Apogee Enterprises will post 4.61 earnings per share for the current year.

Institutional Investors Weigh In On Apogee Enterprises

Several institutional investors and hedge funds have recently bought and sold shares of APOG. West Tower Group LLC grew its holdings in shares of Apogee Enterprises by 167.1% in the 4th quarter. West Tower Group LLC now owns 577 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 361 shares during the last quarter. Point72 Middle East FZE bought a new stake in shares of Apogee Enterprises in the 4th quarter worth about $42,000. Stonebridge Capital Advisors LLC bought a new stake in shares of Apogee Enterprises in the 1st quarter worth about $47,000. Point72 Hong Kong Ltd grew its holdings in shares of Apogee Enterprises by 35.1% in the 1st quarter. Point72 Hong Kong Ltd now owns 1,300 shares of the industrial products company’s stock worth $62,000 after purchasing an additional 338 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Apogee Enterprises by 20.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,300 shares of the industrial products company’s stock worth $62,000 after purchasing an additional 220 shares during the last quarter. Institutional investors own 94.05% of the company’s stock.

Apogee Enterprises Company Profile

Apogee Enterprises, Inc designs and develops glass and metal products and services in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical Technologies (LSO). The Architectural Framing Systems segment designs, engineers, fabricates, and installs custom glass and aluminum windows, curtainwalls, storefront, and entrance systems for the exterior of buildings primarily in the commercial, institutional, and multi-family residential construction sectors.