Apogee Enterprises (NASDAQ:APOG) Sets New 1-Year Low Following Weak Earnings

Apogee Enterprises, Inc. (NASDAQ:APOG)’s share price hit a new 52-week low during trading on Wednesday following a dissappointing earnings announcement. The company traded as low as $30.75 and last traded at $32.6040, with a volume of 140142 shares trading hands. The stock had previously closed at $37.29.

The industrial products company reported $1.02 earnings per share for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.01). Apogee Enterprises had a net margin of 2.86% and a return on equity of 15.02%. The company had revenue of $348.56 million during the quarter, compared to analysts’ expectations of $355.29 million. During the same period in the prior year, the business earned $1.19 earnings per share. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. Apogee Enterprises has set its FY 2026 guidance at 3.4-3.500 EPS.

More Apogee Enterprises News

Here are the key news stories impacting Apogee Enterprises this week:

• Positive Sentiment: Seeking Alpha published a constructive take / rating upgrade arguing the company’s long‑term outlook remains intact despite near‑term headwinds. Apogee Enterprises: Glass Is Half Full, Despite Challenges (Rating Upgrade)
• Positive Sentiment: The Motley Fool argued some investors may be abandoning APOG too soon, presenting a contrarian buy case that likely attracted bargain hunting after the pullback. Why Apogee Enterprises Stock Cracked Today
• Neutral Sentiment: Apogee announced a CFO transition: Matthew Osberg is leaving and finance veteran Mark Augdahl is interim CFO, reducing near‑term execution risk but leaving questions about longer‑term leadership. Apogee Enterprises Announces CFO Transition
• Negative Sentiment: Q3 results missed: EPS $1.02 vs $1.03 expected and revenue $348.6M vs ~$355.3M consensus; margins contracted and management cut FY2026 adjusted EPS guidance to $3.40–$3.50 (below street), citing tariff headwinds — the core reason for the earlier sell‑off. Apogee Misses Earnings Estimates in Q3, Lowers FY26 EPS Outlook
• Negative Sentiment: Following the earnings miss, shares plunged and a law firm announced an investigation into potential securities‑law violations, introducing legal/ reputational risk that could pressure the stock if it develops. BREAKING: Apogee Enterprises Investigated for Securities Fraud After Shares Fall 13%

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Stephens began coverage on Apogee Enterprises in a research note on Tuesday, December 16th. They issued an “overweight” rating and a $95.00 target price on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Apogee Enterprises in a report on Thursday, October 30th. Wall Street Zen raised Apogee Enterprises from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Finally, DA Davidson upgraded Apogee Enterprises from a “neutral” rating to a “buy” rating and set a $47.00 target price for the company in a research report on Monday, November 17th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Apogee Enterprises has a consensus rating of “Moderate Buy” and an average price target of $71.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in APOG. Wealth Enhancement Advisory Services LLC increased its stake in shares of Apogee Enterprises by 19.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,464 shares of the industrial products company’s stock worth $278,000 after buying an additional 1,223 shares during the period. JPMorgan Chase & Co. grew its holdings in Apogee Enterprises by 8.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 272,969 shares of the industrial products company’s stock worth $11,893,000 after acquiring an additional 21,764 shares during the last quarter. Verition Fund Management LLC increased its position in shares of Apogee Enterprises by 59.2% in the third quarter. Verition Fund Management LLC now owns 47,373 shares of the industrial products company’s stock valued at $2,064,000 after acquiring an additional 17,625 shares during the period. Polymer Capital Management US LLC bought a new position in shares of Apogee Enterprises during the third quarter valued at about $355,000. Finally, Millennium Management LLC raised its stake in shares of Apogee Enterprises by 50.0% during the third quarter. Millennium Management LLC now owns 416,919 shares of the industrial products company’s stock valued at $18,165,000 after acquiring an additional 139,014 shares during the last quarter. Institutional investors own 94.05% of the company’s stock.

Apogee Enterprises Trading Up 5.1%

The company has a quick ratio of 1.37, a current ratio of 1.90 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $726.18 million, a PE ratio of 18.25 and a beta of 1.08. The stock’s fifty day moving average price is $36.56 and its two-hundred day moving average price is $40.15.

Apogee Enterprises Company Profile

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.