Q1 EPS Estimates for Apogee Enterprises Decreased by Sidoti

Key Points

• Sidoti lowered its Q1 2027 EPS estimate for Apogee to $0.34 (from $0.39) and reduced its FY2027 forecast to $2.72 per share, versus the MarketBeat consensus of $2.98.
• Apogee still beat Q1 results, reporting $0.92 EPS (vs. $0.89 consensus) and $351.35M revenue, and the company set FY2027 guidance of $2.70–$3.25 per share.
• Apogee announced a quarterly dividend of $0.27 (annualized $1.08) for a ~2.9% yield; the stock trades around $37.44 with a market cap of about $805M.

Apogee Enterprises, Inc. (NASDAQ:APOG - Free Report) - Equities research analysts at Sidoti lowered their Q1 2027 earnings estimates for shares of Apogee Enterprises in a research report issued to clients and investors on Monday, April 27th. Sidoti analyst J. Romero now forecasts that the industrial products company will earn $0.34 per share for the quarter, down from their previous forecast of $0.39. The consensus estimate for Apogee Enterprises' current full-year earnings is $2.98 per share. Sidoti also issued estimates for Apogee Enterprises' Q2 2027 earnings at $0.50 EPS, Q3 2027 earnings at $0.89 EPS, Q4 2027 earnings at $0.99 EPS, FY2027 earnings at $2.72 EPS, Q2 2028 earnings at $0.89 EPS, Q3 2028 earnings at $1.08 EPS and Q4 2028 earnings at $0.93 EPS.

Apogee Enterprises (NASDAQ:APOG - Get Free Report) last released its quarterly earnings results on Friday, April 24th. The industrial products company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.03. Apogee Enterprises had a net margin of 3.85% and a return on equity of 14.89%. The firm had revenue of $351.35 million during the quarter, compared to the consensus estimate of $335.98 million. During the same quarter in the prior year, the firm earned $0.89 EPS. The company's revenue for the quarter was up 1.6% on a year-over-year basis. Apogee Enterprises has set its FY 2027 guidance at 2.700-3.250 EPS.

Several other research analysts also recently weighed in on APOG. Zacks Research upgraded shares of Apogee Enterprises from a "strong sell" rating to a "hold" rating in a research report on Monday, March 16th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Apogee Enterprises in a research note on Monday, April 20th. Finally, DA Davidson set a $46.00 price objective on shares of Apogee Enterprises in a research note on Friday, January 9th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $70.50.

Apogee Enterprises Stock Down 2.2%

APOG opened at $37.44 on Tuesday. Apogee Enterprises has a twelve month low of $30.75 and a twelve month high of $49.99. The company has a quick ratio of 1.28, a current ratio of 1.65 and a debt-to-equity ratio of 0.45. The company has a 50-day moving average price of $35.71 and a 200 day moving average price of $36.87. The company has a market cap of $805.33 million, a PE ratio of 14.86, a price-to-earnings-growth ratio of 1.07 and a beta of 1.12.

Institutional Trading of Apogee Enterprises

Hedge funds have recently made changes to their positions in the company. Allianz Asset Management GmbH grew its stake in shares of Apogee Enterprises by 35.6% in the 3rd quarter. Allianz Asset Management GmbH now owns 269,011 shares of the industrial products company's stock valued at $11,721,000 after buying an additional 70,626 shares during the period. Deprince Race & Zollo Inc. grew its stake in shares of Apogee Enterprises by 70.3% in the 4th quarter. Deprince Race & Zollo Inc. now owns 852,351 shares of the industrial products company's stock valued at $31,034,000 after buying an additional 351,923 shares during the period. American Century Companies Inc. grew its stake in shares of Apogee Enterprises by 3.9% in the 3rd quarter. American Century Companies Inc. now owns 825,322 shares of the industrial products company's stock valued at $35,959,000 after buying an additional 31,090 shares during the period. TrueMark Investments LLC purchased a new stake in shares of Apogee Enterprises in the 3rd quarter valued at approximately $6,335,000. Finally, Segall Bryant & Hamill LLC grew its stake in shares of Apogee Enterprises by 3.4% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 957,102 shares of the industrial products company's stock valued at $41,701,000 after buying an additional 31,461 shares during the period. Hedge funds and other institutional investors own 94.05% of the company's stock.

Apogee Enterprises Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 28th. Investors of record on Wednesday, May 13th will be paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Wednesday, May 13th. Apogee Enterprises's dividend payout ratio is currently 42.86%.

Apogee Enterprises Company Profile

Apogee Enterprises, Inc is a diversified manufacturer and distributor of value-added architectural products and services. The company specializes in the design, fabrication and installation of high-performance glass, framing systems, curtain walls, skylights and other building envelope solutions. Its operations span three primary platforms—Architectural Framing Systems, Architectural Glass and Architectural Services—enabling Apogee to deliver complete, integrated façade systems for new construction, renovation and retrofit projects.

Headquartered in Minneapolis, Minnesota, Apogee traces its roots to the mid-20th century and today serves commercial, institutional and residential markets across North America and Europe.

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