Last Updated: 17 Oct 2024
Executive Summary
Apogee Enterprises Inc. (APOG) is a leading manufacturer of glass and metal products for the architectural and commercial construction industries. The company has a strong financial position with a market capitalization of $1.74 billion and an EBITDA of $198.15 million. APOG's trailing PE ratio of 16.76 and forward PE ratio of 12.82 indicate that the stock is fairly valued. The company's dividend yield of 0.0127% is below the industry average. Analysts have a mixed outlook on the stock, with one analyst rating it a buy and three analysts rating it a hold. The latest stock price of $79.45 is below the analyst target price of $80.17.
Company Overview
Apogee Enterprises Inc. is headquartered in Minneapolis, Minnesota and has operations in the United States, Canada, and Brazil. The company designs and develops glass and metal products for the architectural and commercial construction industries. APOG's products include windows, doors, curtain walls, and skylights. The company's customers include architects, contractors, and building owners.
Fundamental Analysis
Apogee Enterprises Inc. has a strong financial position. The company's revenue for the trailing twelve months (TTM) was $1.38 billion, and its gross profit was $302.36 million. APOG's diluted EPS for the TTM was $4.74. The company's profit margin is 7.58%, and its operating margin is 12.6%. APOG's return on assets (ROA) is 10.8%, and its return on equity (ROE) is 22.2%.
Technical Analysis
The technical analysis of Apogee Enterprises Inc. shows that the stock is in a downtrend. The stock's 50-day moving average is $67.45, and its 200-day moving average is $61.47. The stock's relative strength index (RSI) is 35.57, which indicates that the stock is oversold.
Short Term Outlook
The short-term outlook for Apogee Enterprises Inc. is mixed. The company's financial position is strong, but the stock is in a downtrend. The stock's RSI indicates that it is oversold, which could lead to a short-term rally. However, the stock's moving averages indicate that the downtrend is likely to continue.
Long Term Outlook
The long-term outlook for Apogee Enterprises Inc. is positive. The company's strong financial position and its position in the growing architectural and commercial construction industries should lead to long-term growth. The company's dividend yield is below the industry average, but it is likely to increase in the future as the company's earnings grow.
Analyst Recommendations
Analysts have a mixed outlook on Apogee Enterprises Inc. One analyst rates the stock a buy, and three analysts rate it a hold. The average analyst target price for the stock is $80.17.
