Apogee Enterprises (NASDAQ:APOG) Releases FY 2027 Earnings Guidance

Apogee Enterprises (NASDAQ:APOG) updated its FY 2027 earnings guidance on Tuesday. The company provided EPS guidance of 3.000-3.400 for the period, compared to the consensus estimate of 2.880. The company issued revenue guidance of $1.5 billion-$1.5 billion, compared to the consensus revenue estimate of $1.4 billion.

Analyst Ratings Changes

APOG has been the subject of several research analyst reports. Weiss Ratings raised shares of Apogee Enterprises from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, September 24th. Wall Street Zen upgraded shares of Apogee Enterprises from a “hold” rating to a “buy” rating in a research note on Saturday, July 25th. Finally, Zacks Research cut shares of Apogee Enterprises from a “strong-buy” rating to a “hold” rating in a report on Monday, August 31st. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $70.50.

Apogee Enterprises Price Performance

NASDAQ:APOG opened at $35.66 on Tuesday. Apogee Enterprises has a one year low of $30.75 and a one year high of $50.88. The stock has a market cap of $744.22 million, a PE ratio of 11.18, a P/E/G ratio of 1.00 and a beta of 1.12. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.34 and a current ratio of 1.76. The stock has a 50 day moving average price of $39.46 and a 200 day moving average price of $38.13.

Apogee Enterprises Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Tuesday, October 20th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Tuesday, October 20th. This represents a $1.08 annualized dividend and a dividend yield of 3.0%. Apogee Enterprises’s payout ratio is presently 33.86%.

Apogee Enterprises Company Profile

Apogee Enterprises, Inc is a manufacturer of architectural products and high-performance glass and coating solutions. The company serves the commercial construction, architectural, aerospace, defense, medical, electronics and other specialized markets through operations primarily in North America, with products and services sold to customers in additional international markets.

Apogee’s Architectural Framing Systems segment produces aluminum framing systems, curtainwall, storefront, windows and related components used in commercial and institutional buildings.