Apogee Enterprises (NASDAQ:APOG) Issues FY 2025 Earnings Guidance

Apogee Enterprises (NASDAQ:APOG) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 4.350-4.750 for the period, compared to the consensus EPS estimate of 4.440. The company issued revenue guidance of $1.3 billion-$1.4 billion, compared to the consensus revenue estimate of $1.4 billion. Apogee Enterprises also updated its FY25 guidance to $4.35-4.75 EPS.

Apogee Enterprises Stock Down 0.5 %

Shares of NASDAQ:APOG opened at $55.92 on Thursday. The stock’s 50-day moving average price is $57.02 and its 200-day moving average price is $51.59. Apogee Enterprises has a 12-month low of $36.62 and a 12-month high of $60.40. The stock has a market capitalization of $1.23 billion, a P/E ratio of 11.87 and a beta of 1.10. The company has a current ratio of 1.57, a quick ratio of 1.28 and a debt-to-equity ratio of 0.22.

Institutional Trading of Apogee Enterprises

A number of institutional investors have recently modified their holdings of APOG. West Tower Group LLC boosted its holdings in shares of Apogee Enterprises by 167.1% during the fourth quarter. West Tower Group LLC now owns 577 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 361 shares during the period. Point72 Middle East FZE purchased a new stake in shares of Apogee Enterprises during the fourth quarter worth about $42,000. Stonebridge Capital Advisors LLC purchased a new stake in shares of Apogee Enterprises during the first quarter worth about $47,000. Point72 Hong Kong Ltd boosted its holdings in shares of Apogee Enterprises by 35.1% during the first quarter. Point72 Hong Kong Ltd now owns 1,300 shares of the industrial products company’s stock worth $62,000 after purchasing an additional 338 shares during the period. Finally, PNC Financial Services Group Inc. lifted its holdings in Apogee Enterprises by 20.4% in the second quarter. PNC Financial Services Group Inc. now owns 1,300 shares of the industrial products company’s stock worth $62,000 after buying an additional 220 shares during the period. 94.05% of the stock is currently owned by hedge funds and other institutional investors.

Apogee Enterprises Company Profile

Apogee Enterprises, Inc designs and develops glass and metal products and services in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical Technologies (LSO). The Architectural Framing Systems segment designs, engineers, fabricates, and installs custom glass and aluminum windows, curtainwalls, storefront, and entrance systems for the exterior of buildings primarily in the commercial, institutional, and multi-family residential construction sectors.