Research Analysts Issue Forecasts for APOG FY2027 Earnings

Apogee Enterprises, Inc. (NASDAQ:APOG) – Research analysts at Sidoti lifted their FY2027 earnings per share (EPS) estimates for Apogee Enterprises in a research report issued on Tuesday, June 30th. Sidoti analyst J. Romero now forecasts that the industrial products company will earn $2.89 per share for the year, up from their previous forecast of $2.77. The consensus estimate for Apogee Enterprises’ current full-year earnings is $2.88 per share. Sidoti also issued estimates for Apogee Enterprises’ Q2 2028 earnings at $0.96 EPS, Q3 2028 earnings at $1.18 EPS, Q4 2028 earnings at $1.07 EPS and FY2028 earnings at $3.90 EPS.

Apogee Enterprises (NASDAQ:APOG) last announced its quarterly earnings results on Friday, June 26th. The industrial products company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.14. Apogee Enterprises had a net margin of 4.88% and a return on equity of 14.72%. The firm had revenue of $342.68 million for the quarter, compared to the consensus estimate of $333.84 million. During the same period in the prior year, the firm posted ($0.13) earnings per share. The company’s revenue for the quarter was down 1.1% 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 commented on APOG. Wall Street Zen raised shares of Apogee Enterprises from a “buy” rating to a “strong-buy” rating in a report on Saturday. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Apogee Enterprises in a report on Monday, April 20th. Finally, Zacks Research upgraded Apogee Enterprises from a “strong sell” rating to a “hold” rating in a research report on Friday, June 12th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Apogee Enterprises presently has an average rating of “Hold” and an average price target of $70.50.

Apogee Enterprises Stock Performance

Apogee Enterprises stock opened at $45.74 on Wednesday. The firm’s 50 day simple moving average is $38.06 and its 200 day simple moving average is $37.38. The company has a current ratio of 1.76, a quick ratio of 1.34 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $976.55 million, a PE ratio of 14.34, a price-to-earnings-growth ratio of 1.34 and a beta of 1.18. Apogee Enterprises has a 1-year low of $30.75 and a 1-year high of $50.88.

Institutional Investors Weigh In On Apogee Enterprises

Several hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in shares of Apogee Enterprises by 6.8% in the 4th quarter. Vanguard Group Inc. now owns 2,627,223 shares of the industrial products company’s stock worth $95,657,000 after buying an additional 166,402 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Apogee Enterprises by 7.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,063,485 shares of the industrial products company’s stock worth $35,668,000 after acquiring an additional 78,200 shares during the last quarter. Segall Bryant & Hamill LLC grew its position in Apogee Enterprises by 3.4% in the third quarter. Segall Bryant & Hamill LLC now owns 957,102 shares of the industrial products company’s stock worth $41,701,000 after acquiring an additional 31,461 shares in the last quarter. Deprince Race & Zollo Inc. grew its position in Apogee Enterprises by 70.3% in the fourth quarter. Deprince Race & Zollo Inc. now owns 852,351 shares of the industrial products company’s stock worth $31,034,000 after acquiring an additional 351,923 shares in the last quarter. Finally, State Street Corp increased its position in shares of Apogee Enterprises by 1.8% during the 4th quarter. State Street Corp now owns 833,781 shares of the industrial products company’s stock valued at $30,358,000 after purchasing an additional 14,673 shares during the last quarter. 94.05% of the stock is currently owned by institutional investors.

Apogee Enterprises Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 29th. Investors of record on Tuesday, July 14th will be paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, July 14th. Apogee Enterprises’s dividend payout ratio (DPR) is currently 33.86%.

About Apogee Enterprises

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.