Apogee Enterprises, Inc. (NASDAQ:APOG) will post its quarterly earnings results before the market opens on Tuesday, September 19th. Analysts expect Apogee Enterprises to post earnings of $0.83 per share for the quarter. Apogee Enterprises has set its FY18 guidance at $3.65-3.85 EPS.
Apogee Enterprises (NASDAQ:APOG) last released its earnings results on Thursday, June 22nd. The industrial products company reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.09). The company had revenue of $272.30 million for the quarter, compared to analysts’ expectations of $271.13 million. Apogee Enterprises had a return on equity of 18.59% and a net margin of 7.39%. The firm’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.61 EPS. On average, analysts expect Apogee Enterprises to post $3.11 EPS for the current fiscal year and $3.93 EPS for the next fiscal year.
Shares of Apogee Enterprises, Inc. (APOG) opened at 44.80 on Friday. Apogee Enterprises, Inc. has a 1-year low of $39.88 and a 1-year high of $61.00. The stock has a market cap of $1.29 billion, a PE ratio of 15.34 and a beta of 1.61. The stock’s 50 day moving average is $47.33 and its 200-day moving average is $53.38.
In other Apogee Enterprises news, Director Jerome L. Davis sold 18,706 shares of the firm’s stock in a transaction dated Friday, July 7th. The shares were sold at an average price of $55.04, for a total transaction of $1,029,578.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 3.70% of the company’s stock.
Several analysts recently commented on the stock. DA Davidson set a $52.00 price objective on shares of Apogee Enterprises and gave the company a “buy” rating in a research note on Thursday, August 24th. BidaskClub cut shares of Apogee Enterprises from a “hold” rating to a “sell” rating in a research note on Thursday, July 13th. Zacks Investment Research cut shares of Apogee Enterprises from a “buy” rating to a “hold” rating in a research note on Tuesday, August 22nd. ValuEngine cut shares of Apogee Enterprises from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Finally, Sidoti assumed coverage on shares of Apogee Enterprises in a research note on Thursday, May 25th. They issued a “buy” rating and a $70.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $63.75.
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Apogee Enterprises Company Profile
Apogee Enterprises, Inc is engaged in the design and development of glass solutions for enclosing commercial buildings and framing art. The Company operates through four segments: Architectural Glass, Architectural Services, Architectural Framing Systems and Large-Scale Optical Technologies (LSO). The Architectural Glass segment fabricates coated glass used in customized window and wall systems.
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