Date | Price Target | Rating | Analyst |
---|---|---|---|
4/8/2022 | $54.00 → $47.00 | Buy → Hold | Craig Hallum |
DA Davidson analyst Brent Thielman maintains Apogee Enterprises (NASDAQ:APOG) with a Neutral and raises the price target from $60 to $65.
Apogee Enterprises, Inc. (NASDAQ:APOG) reported first-quarter FY25 sales of $331.5 million, missing the consensus estimate of $333.2 million. Revenue fell 8.3% Y/Y, driven by lower volume. Gross margin improved by 410 basis points Y/Y to 29.8%, primarily driven by a more favorable mix of projects in Architectural Services, favorable material costs, lower insurance-related costs, and productivity gains. Adjusted operating income rose 25.9% to $42.5 million, with the operating margin improving 350 basis points Y/Y to 12.8%, led by favorable project mix, lower material and insurance costs, productivity gains, and reduced bad debt expense. Adjusted EBITDA for the quarter increased 20.2%
Net sales decrease of 8%, to $332 million Operating margin improves to 12.5%; adjusted operating margin of 12.8% Diluted EPS grows to $1.41; adjusted diluted EPS increases 37% to $1.44 Raising full-year EPS outlook Apogee Enterprises, Inc. (NASDAQ:APOG) today reported its results for the first quarter of fiscal 2025. The Company reported the following selected financial results: Three Months Ended (Unaudited, $ in thousands, except per share amounts) June 1, 2024 May 27, 2023 % Change Net Sales $ 331,516 $ 361,713 (8
Apogee Enterprises, Inc. (NASDAQ:APOG) announced today that its Board of Directors has declared a quarterly cash dividend of $0.25 per share. The dividend will be payable on July 25, 2024, to shareholders of record at the close of business on July 10, 2024. About Apogee Enterprises, Inc. Apogee Enterprises, Inc. (NASDAQ:APOG) is a leading provider of architectural products and services for enclosing buildings, and high-performance glass and acrylic products used for preservation, energy conservation, and enhanced viewing. Headquartered in Minneapolis, MN, our portfolio of industry-leading products and services includes high-performance architectural glass, windows, curtainwall, storefro
Apogee Enterprises, Inc. (NASDAQ:APOG) will report its fiscal 2025 first quarter results on Thursday, June 27, 2024, before the market opens. The company will also host a conference call to discuss its financial results. This conference call will be webcast beginning at 8:00 a.m. Central Time, on June 27, 2024. Access to the webcast will be available through the Investors section of the company's website at https://www.apog.com/events-and-presentations. For those unable to listen to the live webcast, a replay and transcript will be available on the company's website. About Apogee Enterprises, Inc. Apogee Enterprises, Inc. (NASDAQ:APOG) is a leading provider of architectural products a
8-K - APOGEE ENTERPRISES, INC. (0000006845) (Filer)
8-K - APOGEE ENTERPRISES, INC. (0000006845) (Filer)
10-Q - APOGEE ENTERPRISES, INC. (0000006845) (Filer)
Apogee Enterprises, Inc. (NASDAQ:APOG) today announced a transition in its segment leadership. Effective immediately, Brent C. Jewell will assume the role of President of Apogee's Architectural Glass Segment. Brent will succeed Nick C. Longman, who has concurrently been named President of Apogee's Architectural Framing Systems Segment. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231018422693/en/Nick C. Longman has been named President of Apogee's Architectural Framing Systems Segment (Photo: Business Wire) "This leadership transition comes two years into the execution of Apogee's new enterprise strategy, over which time the G
MINNEAPOLIS--(BUSINESS WIRE)--Apogee Enterprises, Inc. (Nasdaq: APOG) announced today that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, a 7 percent increase from its previous quarterly dividend rate of $0.1875 per share. The dividend will be payable on February 16, 2021 to shareholders of record at the close of business on February 1, 2021. This marks Apogee’s eighth consecutive year with a dividend increase, during which time the quarterly dividend has more than doubled, from $0.09 per share to $0.20 per share. About Apogee Enterprises, Inc. Apogee Enterprises, Inc. (Nasdaq: APOG) delivers distinctive solutions for enclosing commercial build
MINNEAPOLIS--(BUSINESS WIRE)--Apogee Enterprises, Inc. (Nasdaq: APOG) today announced that as an inducement for Ty R. Silberhorn, who joined the company January 4, 2021 (the “Commencement Date”) as Chief Executive Officer and President, to enter into employment with the company, the compensation committee of the Board of Directors approved an equity grant effective as of the Commencement Date. The equity grant consists of 45,662 shares of time-based restricted common stock of the company valued at $1,400,000, which will vest in two increments over a five-year period, in accordance with the terms of a restricted stock agreement entered into on the Commencement Date, with the first in
4/A - APOGEE ENTERPRISES, INC. (0000006845) (Issuer)
SC 13G/A - APOGEE ENTERPRISES, INC. (0000006845) (Subject)
SC 13G - APOGEE ENTERPRISES, INC. (0000006845) (Subject)
SC 13G/A - APOGEE ENTERPRISES, INC. (0000006845) (Subject)
3 - APOGEE ENTERPRISES, INC. (0000006845) (Issuer)
4 - APOGEE ENTERPRISES, INC. (0000006845) (Issuer)
4 - APOGEE ENTERPRISES, INC. (0000006845) (Issuer)
This week, Apogee Enterprises, Inc. (NASDAQ:APOG) will mark its 75th anniversary with celebrations across its locations. Founded as the Harmon Glass Company on July 12, 1949, the company began with a single shop in Minneapolis. From this humble beginning, the Company has built a record of growth and innovation, emerging as a leader in its industry. Today, Apogee has 4,400 employees, operating from 15 principal facilities in the U.S., Canada, and Brazil. The Company's architectural products can be found on monumental skyscrapers, medical clinics, schools, and other buildings across the world. Through its Tru Vue® brand, the Company provides high-performance glass and acrylic products used
Net sales decrease of 8%, to $332 million Operating margin improves to 12.5%; adjusted operating margin of 12.8% Diluted EPS grows to $1.41; adjusted diluted EPS increases 37% to $1.44 Raising full-year EPS outlook Apogee Enterprises, Inc. (NASDAQ:APOG) today reported its results for the first quarter of fiscal 2025. The Company reported the following selected financial results: Three Months Ended (Unaudited, $ in thousands, except per share amounts) June 1, 2024 May 27, 2023 % Change Net Sales $ 331,516 $ 361,713 (8
Apogee Enterprises, Inc. (NASDAQ:APOG) announced today that its Board of Directors has declared a quarterly cash dividend of $0.25 per share. The dividend will be payable on July 25, 2024, to shareholders of record at the close of business on July 10, 2024. About Apogee Enterprises, Inc. Apogee Enterprises, Inc. (NASDAQ:APOG) is a leading provider of architectural products and services for enclosing buildings, and high-performance glass and acrylic products used for preservation, energy conservation, and enhanced viewing. Headquartered in Minneapolis, MN, our portfolio of industry-leading products and services includes high-performance architectural glass, windows, curtainwall, storefro
Craig Hallum downgraded Apogee Enterprises from Buy to Hold and set a new price target of $47.00 from $54.00 previously