Apogee Enterprises PT Raised to $33.00 at Northland Capital Partners (APOG)
Investment analysts at Northland Capital Partners hoisted their target price on shares of Apogee Enterprises (NASDAQ:APOG) from $28.00 to $33.00 in a note issued to investors on Sunday, AnalystRatingsNetwork reports. The firm currently has an “outperform” rating on the stock. Northland Capital Partners’ target price would indicate a potential upside of 9.27% from the stock’s previous close.
Apogee Enterprises (NASDAQ:APOG) opened at 30.20 on Friday. Apogee Enterprises has a one year low of $18.52 and a one year high of $30.37. The stock has a 50-day moving average of $28.04 and a 200-day moving average of $26.93. The company has a market cap of $867.9 million and a price-to-earnings ratio of 40.32.
Apogee Enterprises (NASDAQ:APOG) last announced its earnings results on Wednesday, September 18th. The company reported $0.21 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.23 by $0.02. The company had revenue of $178.30 million for the quarter, compared to the consensus estimate of $187.00 million. During the same quarter in the prior year, the company posted $0.18 earnings per share. The company’s quarterly revenue was up 1.4% on a year-over-year basis. Analysts expect that Apogee Enterprises will post $0.96 EPS for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Apogee Enterprises (NASDAQ:APOG) in a research note to investors on Thursday, August 8th. They now have a $29.00 price target on the stock. Finally, analysts at DA Davidson reiterated a “neutral” rating on shares of Apogee Enterprises (NASDAQ:APOG) in a research note to investors on Tuesday, June 25th. They now have a $26.00 price target on the stock, down previously from $28.00.
Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $29.00.
Apogee Enterprises, Inc (NASDAQ:APOG) is involved in the design and development of value-added glass products, services and systems.
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