Apogee Enterprises (NASDAQ:APOG) Updates FY 2026 Earnings Guidance

Key Points

• Apogee Enterprises has updated its FY 2026 earnings guidance, projecting earnings per share (EPS) between 3.600-3.900, which is below the consensus estimate of 3.980.
• The company’s revenue guidance remains unchanged at $1.4 billion, matching the consensus revenue estimate.
• Shares of Apogee traded down $1.88 to $41.44, with a consensus rating of "Hold" from analysts and a target price of $45.00.

Apogee Enterprises (NASDAQ:APOG - Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 3.600-3.900 for the period, compared to the consensus estimate of 3.980. The company issued revenue guidance of $1.4 billion-$1.4 billion, compared to the consensus revenue estimate of $1.4 billion.

Apogee Enterprises Price Performance

Shares of APOG traded down $1.88 during midday trading on Thursday, hitting $41.44. 548,280 shares of the company traded hands, compared to its average volume of 232,206. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.36 and a current ratio of 1.77. Apogee Enterprises has a 52 week low of $37.53 and a 52 week high of $87.93. The firm has a 50 day moving average of $43.17 and a 200-day moving average of $42.43. The stock has a market cap of $892.20 million, a price-to-earnings ratio of 17.71 and a beta of 1.06.

Analyst Upgrades and Downgrades

APOG has been the subject of a number of research reports. Wall Street Zen downgraded shares of Apogee Enterprises from a "buy" rating to a "hold" rating in a research report on Saturday, September 13th. DA Davidson lowered their price objective on shares of Apogee Enterprises from $47.00 to $45.00 and set a "neutral" rating for the company in a research report on Tuesday, July 1st. Finally, Weiss Ratings reissued a "hold (c-)" rating on shares of Apogee Enterprises in a research report on Wednesday. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Apogee Enterprises currently has a consensus rating of "Hold" and a consensus target price of $45.00.

Hedge Funds Weigh In On Apogee Enterprises

Institutional investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Apogee Enterprises by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,992 shares of the industrial products company's stock valued at $602,000 after buying an additional 556 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Apogee Enterprises by 221.9% in the second quarter. Russell Investments Group Ltd. now owns 13,800 shares of the industrial products company's stock valued at $560,000 after purchasing an additional 9,513 shares during the period. Vident Advisory LLC boosted its stake in shares of Apogee Enterprises by 15.1% in the second quarter. Vident Advisory LLC now owns 11,351 shares of the industrial products company's stock valued at $461,000 after purchasing an additional 1,485 shares during the period. Sei Investments Co. boosted its stake in shares of Apogee Enterprises by 79.2% in the second quarter. Sei Investments Co. now owns 10,276 shares of the industrial products company's stock valued at $417,000 after purchasing an additional 4,542 shares during the period. Finally, Gabelli Funds LLC purchased a new position in shares of Apogee Enterprises in the second quarter valued at $415,000. Institutional investors and hedge funds own 94.05% of the company's stock.

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).

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