Apogee Enterprises (NASDAQ:APOG – Get Free Report) posted its earnings results on Friday. The industrial products company reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.24, Briefing.com reports. The firm had revenue of $342.40 million during the quarter, compared to analysts’ expectations of $335.31 million. Apogee Enterprises had a return on equity of 24.74% and a net margin of 7.72%. The firm’s revenue was down 3.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.36 earnings per share. Apogee Enterprises updated its FY 2025 guidance to 4.900-5.200 EPS and its FY25 guidance to $4.90-5.20 EPS.
Apogee Enterprises Price Performance
Shares of NASDAQ APOG opened at $83.93 on Friday. The company has a current ratio of 1.64, a quick ratio of 1.29 and a debt-to-equity ratio of 0.16. Apogee Enterprises has a twelve month low of $41.01 and a twelve month high of $86.22. The stock has a 50 day moving average of $65.46 and a two-hundred day moving average of $63.10. The stock has a market cap of $1.84 billion, a P/E ratio of 17.23 and a beta of 0.98.
Apogee Enterprises Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 6th. Shareholders of record on Tuesday, October 22nd will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date is Tuesday, October 22nd. Apogee Enterprises’s dividend payout ratio is currently 20.53%.
Insider Buying and Selling at Apogee Enterprises
Analysts Set New Price Targets
Several equities research analysts recently weighed in on the company. StockNews.com upgraded Apogee Enterprises from a “buy” rating to a “strong-buy” rating in a research note on Friday, July 26th. DA Davidson boosted their target price on Apogee Enterprises from $60.00 to $65.00 and gave the stock a “neutral” rating in a research note on Friday, June 28th.
View Our Latest Report on Apogee Enterprises
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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