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 Stock Performance

Shares of APOG opened at $57.95 on Friday. The company has a quick ratio of 1.28, a current ratio of 1.47 and a debt-to-equity ratio of 0.13. The business has a 50-day simple moving average of $57.19 and a two-hundred day simple moving average of $51.73. The stock has a market cap of $1.28 billion, a price-to-earnings ratio of 12.85 and a beta of 1.10. Apogee Enterprises has a 52 week low of $36.62 and a 52 week high of $62.99.

Apogee Enterprises (NASDAQ:APOG) last released its earnings results on Thursday, April 18th. The industrial products company reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.17. Apogee Enterprises had a return on equity of 23.84% and a net margin of 7.03%. The firm had revenue of $361.80 million during the quarter, compared to analysts’ expectations of $337.84 million. During the same quarter last year, the business posted $0.86 earnings per share. The firm’s revenue was up 5.1% on a year-over-year basis. On average, analysts expect that Apogee Enterprises will post 4.59 EPS for the current year.

Institutional Trading of Apogee Enterprises

Institutional investors have recently made changes to their positions in the business. West Tower Group LLC grew its position in shares of Apogee Enterprises by 167.1% during the fourth 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 in the last quarter. Point72 Middle East FZE purchased a new position in Apogee Enterprises during the 4th quarter valued at approximately $42,000. Stonebridge Capital Advisors LLC purchased a new position in Apogee Enterprises during the 1st quarter valued at approximately $47,000. Point72 Hong Kong Ltd grew its holdings in Apogee Enterprises by 35.1% during the 1st quarter. Point72 Hong Kong Ltd now owns 1,300 shares of the industrial products company’s stock valued at $62,000 after buying an additional 338 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in Apogee Enterprises by 20.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,300 shares of the industrial products company’s stock valued at $62,000 after buying an additional 220 shares in the last quarter. Hedge funds and other institutional investors own 94.05% of the company’s stock.

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.