Apogee Enterprises Inc. (APOG) Releases FY15 Earnings Guidance
Apogee Enterprises Inc. (NASDAQ:APOG) updated its FY15 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $1.40-1.50 for the period, compared to the Thomson Reuters consensus estimate of $1.43, AnalystRatings.NET reports.
Apogee Enterprises Inc. (NASDAQ:APOG) opened at 31.54 on Wednesday. Apogee Enterprises Inc. has a 52-week low of $22.50 and a 52-week high of $37.73. The stock has a 50-day moving average of $30.48 and a 200-day moving average of $32.91. The company has a market cap of $913.3 million and a price-to-earnings ratio of 32.68.
Apogee Enterprises (NASDAQ:APOG) last issued its quarterly earnings data on Tuesday, June 24th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by $0.04. During the same quarter in the previous year, the company posted $0.14 earnings per share. On average, analysts predict that Apogee Enterprises Inc. will post $1.43 earnings per share for the current fiscal year.
APOG has been the subject of a number of recent research reports. Analysts at Zacks reiterated a neutral rating on shares of Apogee Enterprises in a research note on Friday, June 6th. They now have a $33.00 price target on the stock. On a related note, analysts at DA Davidson upgraded shares of Apogee Enterprises from a neutral rating to a buy rating in a research note on Monday, May 19th. They now have a $36.00 price target on the stock. Finally, analysts at Goldman Sachs downgraded shares of Apogee Enterprises from a conviction-buy rating to a buy rating in a research note on Friday, April 11th. They now have a $37.00 price target on the stock, down previously from $43.00. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of $34.67.
Apogee Enterprises, Inc (NASDAQ:APOG) is involved in the design and development of value-added glass products, services and systems.
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