Apogee Enterprises (NASDAQ:APOG) Issues 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 EPS 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 Upgrades and Downgrades

A number of equities research analysts recently weighed in on APOG shares. Wall Street Zen raised shares of Apogee Enterprises from a “hold” rating to a “buy” rating in a report on Saturday, July 25th. Zacks Research cut Apogee Enterprises from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 31st. Finally, Weiss Ratings upgraded Apogee Enterprises from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, September 24th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $70.50.

Apogee Enterprises Trading Up 12.2%

NASDAQ APOG opened at $40.00 on Wednesday. The firm’s 50 day moving average price is $39.42 and its two-hundred day moving average price is $38.18. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.34 and a current ratio of 1.76. Apogee Enterprises has a twelve month low of $30.75 and a twelve month high of $50.88. The stock has a market cap of $834.72 million, a price-to-earnings ratio of 12.54, a PEG ratio of 1.00 and a beta of 1.12.

Apogee Enterprises (NASDAQ:APOG) last issued its earnings results on Tuesday, October 6th. The industrial products company reported $1.17 EPS for the quarter, topping the consensus estimate of $0.59 by $0.58. The business had revenue of $391.13 million during the quarter, compared to analysts’ expectations of $362.61 million. Apogee Enterprises had a return on equity of 14.72% and a net margin of 4.88%.Apogee Enterprises’s revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.98 earnings per share. Apogee Enterprises has set its FY 2027 guidance at 3.000-3.400 EPS. Equities analysts anticipate that Apogee Enterprises will post 2.96 EPS for the current year.

Apogee Enterprises Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Tuesday, October 20th will be paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 2.7%. The ex-dividend date is Tuesday, October 20th. Apogee Enterprises’s payout ratio is currently 33.86%.

Key Stories Impacting Apogee Enterprises

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

• Positive Sentiment: Q2 results surpassed estimates. Apogee reported adjusted earnings of $1.17 per share, compared with the $0.59 analyst consensus, while revenue rose 9.2% year over year to approximately $391.1 million, above expectations of $362.6 million. Apogee Enterprises Reports Fiscal 2027 Second-Quarter Results
• Positive Sentiment: Full-year guidance was raised substantially. Management now expects fiscal 2027 sales of $1.46 billion to $1.50 billion, up from $1.38 billion to $1.43 billion, and adjusted EPS of $3.00 to $3.40, up from $2.70 to $3.25. The new EPS range is also above the roughly $2.88 analyst consensus. Apogee forecasts fiscal 2027 sales and EPS
• Positive Sentiment: Growth was supported by pricing and acquisitions. Apogee cited pricing, favorable product mix and contributions from the Kalwall acquisition. The company is also adding Groglass, a specialty-glass business, which could broaden its product portfolio and create additional growth opportunities. Apogee raises fiscal 2027 guidance after second-quarter sales rise
• Neutral Sentiment: Although the adjusted earnings performance was strong, one report characterized the quarter as a decline in the bottom line, highlighting that investors should distinguish between adjusted results and reported GAAP profitability. Integration costs and execution related to recent acquisitions also remain considerations.

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.