Headlines about Apogee Enterprises (NASDAQ:APOG) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Apogee Enterprises earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 46.039658831515 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
APOG has been the topic of a number of recent analyst reports. TheStreet upgraded Apogee Enterprises from a “c+” rating to a “b” rating in a research note on Thursday, June 28th. BidaskClub lowered Apogee Enterprises from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, June 20th. DA Davidson lowered Apogee Enterprises from a “buy” rating to a “neutral” rating and increased their target price for the stock from $47.00 to $52.00 in a research note on Friday, June 29th. They noted that the move was a valuation call. Zacks Investment Research lowered Apogee Enterprises from a “buy” rating to a “hold” rating in a research note on Wednesday, August 29th. Finally, ValuEngine raised Apogee Enterprises from a “sell” rating to a “hold” rating in a research report on Tuesday, July 31st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. Apogee Enterprises currently has a consensus rating of “Hold” and an average target price of $54.00.
Shares of APOG traded down $0.68 during midday trading on Friday, reaching $48.57. 176,034 shares of the stock were exchanged, compared to its average volume of 101,818. Apogee Enterprises has a 52 week low of $37.24 and a 52 week high of $51.33. The company has a current ratio of 1.68, a quick ratio of 1.30 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $1.39 billion, a price-to-earnings ratio of 15.67, a PEG ratio of 1.38 and a beta of 1.49.
Apogee Enterprises (NASDAQ:APOG) last posted its quarterly earnings results on Thursday, June 28th. The industrial products company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.09. Apogee Enterprises had a return on equity of 17.33% and a net margin of 5.66%. The business had revenue of $336.50 million for the quarter, compared to the consensus estimate of $304.46 million. During the same quarter in the prior year, the company earned $0.56 EPS. The business’s revenue was up 23.6% compared to the same quarter last year. equities research analysts predict that Apogee Enterprises will post 3.57 EPS for the current year.
Apogee Enterprises Company Profile
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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