Apogee Enterprises (APOG) Set to Announce Earnings on Thursday

Apogee Enterprises (NASDAQ:APOG) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, April 18th. Analysts expect Apogee Enterprises to post earnings of $0.97 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Apogee Enterprises Stock Performance

Shares of APOG stock opened at $57.13 on Thursday. Apogee Enterprises has a 12 month low of $36.62 and a 12 month high of $60.40. The stock has a market cap of $1.26 billion, a PE ratio of 12.13 and a beta of 1.10. The company has a current ratio of 1.57, a quick ratio of 1.28 and a debt-to-equity ratio of 0.22. The company’s fifty day moving average price is $56.71 and its 200-day moving average price is $51.25.

Hedge Funds Weigh In On Apogee Enterprises

A number of hedge funds have recently bought and sold shares of the business. Lazard Asset Management LLC raised its position in Apogee Enterprises by 8.1% in the 2nd quarter. Lazard Asset Management LLC now owns 2,727 shares of the industrial products company’s stock worth $129,000 after buying an additional 204 shares during the last quarter. Gotham Asset Management LLC raised its position in Apogee Enterprises by 2.5% in the 4th quarter. Gotham Asset Management LLC now owns 8,775 shares of the industrial products company’s stock worth $469,000 after buying an additional 217 shares during the last quarter. PNC Financial Services Group Inc. raised its position in Apogee Enterprises by 20.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,300 shares of the industrial products company’s stock worth $62,000 after buying an additional 220 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its position in Apogee Enterprises by 4.3% in the 1st quarter. Mercer Global Advisors Inc. ADV now owns 8,204 shares of the industrial products company’s stock worth $355,000 after buying an additional 336 shares during the last quarter. Finally, Point72 Hong Kong Ltd increased its position in shares of Apogee Enterprises by 35.1% during the 1st quarter. Point72 Hong Kong Ltd now owns 1,300 shares of the industrial products company’s stock valued at $62,000 after purchasing an additional 338 shares during the last quarter. Hedge funds and other institutional investors own 94.05% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com raised Apogee Enterprises from a “buy” rating to a “strong-buy” rating in a research report on Thursday, December 14th.

Apogee Enterprises Company Profile

Apogee Enterprises, Inc designs and develops glass and metal products and services in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical Technologies (LSO). The Architectural Framing Systems segment designs, engineers, fabricates, and installs custom glass and aluminum windows, curtainwalls, storefront, and entrance systems for the exterior of buildings primarily in the commercial, institutional, and multi-family residential construction sectors.