Brokers Issue Forecasts for Apogee Enterprises, Inc.'s Q1 2025 Earnings (NASDAQ:APOG)

Apogee Enterprises, Inc. (NASDAQ:APOG - Free Report) - Equities researchers at DA Davidson issued their Q1 2025 EPS estimates for Apogee Enterprises in a research report issued to clients and investors on Tuesday, April 23rd. DA Davidson analyst B. Thielman anticipates that the industrial products company will post earnings per share of $1.16 for the quarter. The consensus estimate for Apogee Enterprises' current full-year earnings is $4.57 per share. DA Davidson also issued estimates for Apogee Enterprises' FY2026 earnings at $4.49 EPS.

Apogee Enterprises Stock Down 1.5 %

Shares of APOG stock traded down $0.94 during mid-day trading on Thursday, reaching $61.32. 147,951 shares of the company's stock traded hands, compared to its average volume of 129,449. The company has a market cap of $1.35 billion, a P/E ratio of 13.60 and a beta of 1.10. The company has a quick ratio of 1.18, a current ratio of 1.47 and a debt-to-equity ratio of 0.13. Apogee Enterprises has a 12 month low of $36.62 and a 12 month high of $62.99. The company's 50-day moving average price is $57.54 and its 200-day moving average price is $52.08.

Apogee Enterprises (NASDAQ:APOG - Get Free Report) last announced its quarterly earnings data on Thursday, April 18th. The industrial products company reported $1.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.97 by $0.17. The firm had revenue of $361.80 million for the quarter, compared to analysts' expectations of $337.84 million. Apogee Enterprises had a return on equity of 23.84% and a net margin of 7.03%. The company's revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period last year, the firm earned $0.86 earnings per share.

Hedge Funds Weigh In On Apogee Enterprises

A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in shares of Apogee Enterprises by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 3,097,343 shares of the industrial products company's stock valued at $165,429,000 after purchasing an additional 53,484 shares in the last quarter. Victory Capital Management Inc. increased its stake in shares of Apogee Enterprises by 11.8% during the 4th quarter. Victory Capital Management Inc. now owns 1,141,762 shares of the industrial products company's stock worth $60,982,000 after purchasing an additional 120,882 shares in the last quarter. Pacer Advisors Inc. grew its holdings in shares of Apogee Enterprises by 69.8% during the fourth quarter. Pacer Advisors Inc. now owns 537,470 shares of the industrial products company's stock worth $28,706,000 after buying an additional 220,898 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Apogee Enterprises by 2.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 379,235 shares of the industrial products company's stock valued at $20,255,000 after purchasing an additional 9,092 shares during the period. Finally, Invesco Ltd. raised its stake in shares of Apogee Enterprises by 32.3% in the 3rd quarter. Invesco Ltd. now owns 294,513 shares of the industrial products company's stock valued at $13,866,000 after acquiring an additional 71,915 shares during the period. Institutional investors and hedge funds own 94.05% of the company's stock.

Insider Activity at Apogee Enterprises

In related news, insider Troy R. Johnson sold 12,000 shares of the business's stock in a transaction that occurred on Tuesday, April 23rd. The shares were sold at an average price of $61.06, for a total transaction of $732,720.00. Following the completion of the sale, the insider now directly owns 33,433 shares in the company, valued at $2,041,418.98. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, EVP Curtis John Dobler sold 3,797 shares of the stock in a transaction on Tuesday, April 23rd. The stock was sold at an average price of $60.46, for a total transaction of $229,566.62. Following the transaction, the executive vice president now owns 32,653 shares of the company's stock, valued at approximately $1,974,200.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Troy R. Johnson sold 12,000 shares of the firm's stock in a transaction that occurred on Tuesday, April 23rd. The shares were sold at an average price of $61.06, for a total transaction of $732,720.00. Following the completion of the sale, the insider now owns 33,433 shares of the company's stock, valued at $2,041,418.98. The disclosure for this sale can be found here. In the last three months, insiders have sold 31,525 shares of company stock valued at $1,911,471. 2.00% of the stock is owned by corporate insiders.

About Apogee Enterprises

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.