Apogee Enterprises (NASDAQ:APOG) is scheduled to release its earnings data before the market opens on Tuesday, September 17th. Analysts expect Apogee Enterprises to post earnings of $0.57 per share for the quarter. Apogee Enterprises has set its FY 2020 guidance at $3.00-3.20 EPS and its FY20 guidance at $3.00-3.20 EPS.
Apogee Enterprises (NASDAQ:APOG) last released its quarterly earnings results on Thursday, June 27th. The industrial products company reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. Apogee Enterprises had a return on equity of 16.04% and a net margin of 3.22%. The business had revenue of $355.40 million during the quarter, compared to analyst estimates of $324.39 million. During the same period in the prior year, the firm posted $0.62 EPS. Apogee Enterprises’s quarterly revenue was up 5.6% compared to the same quarter last year. On average, analysts expect Apogee Enterprises to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Shares of NASDAQ:APOG opened at $38.67 on Tuesday. The company has a current ratio of 1.83, a quick ratio of 1.47 and a debt-to-equity ratio of 0.68. The stock has a market cap of $1.03 billion, a PE ratio of 13.06, a price-to-earnings-growth ratio of 1.21 and a beta of 1.65. The stock’s fifty day simple moving average is $37.78 and its two-hundred day simple moving average is $38.51. Apogee Enterprises has a 1-year low of $26.38 and a 1-year high of $49.50.
APOG has been the subject of several analyst reports. ValuEngine downgraded shares of Apogee Enterprises from a “hold” rating to a “sell” rating in a report on Wednesday, July 17th. BidaskClub cut shares of Apogee Enterprises from a “sell” rating to a “strong sell” rating in a report on Saturday, August 10th. Craig Hallum boosted their price target on shares of Apogee Enterprises from $46.00 to $52.00 and gave the stock a “buy” rating in a report on Friday, June 28th. Finally, TheStreet lowered shares of Apogee Enterprises from a “b-” rating to a “c+” rating in a research note on Tuesday, August 27th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. Apogee Enterprises has a consensus rating of “Hold” and a consensus target price of $43.33.
About Apogee Enterprises
Apogee Enterprises, Inc designs and develops glass and metal products and services in the United States, Canada, and Brazil. It operates through four segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical Technologies (LSO). The Architectural Framing Systems segment designs, engineers, fabricates, and finishes the aluminum frames used in customized aluminum and glass window, curtainwall, storefront, and entrance systems comprising the outside skin and entrances of commercial, institutional, and multi-family residential buildings.
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