Apogee Enterprises (NASDAQ:APOG – Get Free Report) issued its quarterly earnings data on Thursday. The industrial products company reported $1.44 EPS for the quarter, beating the consensus estimate of $1.16 by $0.28, Briefing.com reports. Apogee Enterprises had a return on equity of 24.74% and a net margin of 7.72%. The firm had revenue of $331.50 million during the quarter, compared to analyst estimates of $333.22 million. During the same quarter in the prior year, the business posted $1.05 EPS. The business’s revenue for the quarter was down 8.3% compared to the same quarter last year. Apogee Enterprises updated its FY 2025 guidance to 4.650-5.000 EPS and its FY25 guidance to $4.65-5.00 EPS.
Apogee Enterprises Price Performance
NASDAQ APOG opened at $62.84 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.64 and a quick ratio of 1.18. The stock’s fifty day moving average price is $63.45 and its 200 day moving average price is $58.17. Apogee Enterprises has a 1 year low of $41.01 and a 1 year high of $67.92. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 12.90 and a beta of 1.05.
Apogee Enterprises Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, July 25th. Investors of record on Wednesday, July 10th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.59%. The ex-dividend date of this dividend is Wednesday, July 10th. Apogee Enterprises’s payout ratio is 20.53%.
Insider Activity at Apogee Enterprises
Analyst Ratings Changes
Separately, DA Davidson increased their price objective on Apogee Enterprises from $60.00 to $65.00 and gave the company a “neutral” rating in a report on Friday.
Read Our Latest Research Report on APOG
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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