The price-to-earnings ratio for Apogee Enterprises Inc. (NASDAQ: APOG) is 13.28x, which is above its average ratio. Moreover, the 36-month beta value for APOG is 1.09. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for APOG is 21.59M and currently, short sellers hold a 5.38% of that float. On April 19, 2024, APOG’s average trading volume was 121.36K shares.
APOG) stock’s latest price update
Apogee Enterprises Inc. (NASDAQ: APOG)’s stock price has gone rise by 7.01 in comparison to its previous close of 55.92, however, the company has experienced a 3.46% increase in its stock price over the last five trading days. Seeking Alpha reported 2024-04-18 that Apogee Enterprises, Inc. (NASDAQ:APOG ) Q4 2024 Earnings Conference Call April 18, 2024 9:00 AM ET Company Participants Jeff Huebschen – VP, IR Ty Silberhorn – CEO Matthew Osberg – CFO Conference Call Participants Julio Romero – Sidoti & Company, LLC Brent Thielman – D.A. Davidson B.J.
APOG’s Market Performance
Apogee Enterprises Inc. (APOG) has experienced a 3.46% rise in stock performance for the past week, with a 2.98% rise in the past month, and a 12.12% rise in the past quarter. The volatility ratio for the week is 3.26%, and the volatility levels for the past 30 days are at 2.30% for APOG. The simple moving average for the past 20 days is 2.56% for APOG’s stock, with a 18.28% simple moving average for the past 200 days.
Analysts’ Opinion of APOG
Many brokerage firms have already submitted their reports for APOG stocks, with Craig Hallum repeating the rating for APOG by listing it as a “Hold.” The predicted price for APOG in the upcoming period, according to Craig Hallum is $47 based on the research report published on April 08, 2022 of the previous year 2022.
Goldman gave a rating of “Neutral” to APOG, setting the target price at $43 in the report published on October 02nd of the previous year.
APOG Trading at 5.20% from the 50-Day Moving Average
After a stumble in the market that brought APOG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.93% of loss for the given period.
Volatility was left at 2.30%, however, over the last 30 days, the volatility rate increased by 3.26%, as shares surge +1.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.67% upper at present.
During the last 5 trading sessions, APOG rose by +3.46%, which changed the moving average for the period of 200-days by +25.82% in comparison to the 20-day moving average, which settled at $58.40. In addition, Apogee Enterprises Inc. saw 12.04% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at APOG starting from Dobler Curtis John, who sale 2,151 shares at the price of $47.27 back on Sep 28 ’23. After this action, Dobler Curtis John now owns 32,332 shares of Apogee Enterprises Inc., valued at $101,678 using the latest closing price.
Dobler Curtis John, the EVP & CHRO of Apogee Enterprises Inc., sale 3,727 shares at $46.95 during a trade that took place back on Jul 19 ’23, which means that Dobler Curtis John is holding 34,314 shares at $174,983 based on the most recent closing price.
Stock Fundamentals for APOG
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.25 for the gross margin
The net margin for Apogee Enterprises Inc. stands at 0.07. The total capital return value is set at 0.21. Equity return is now at value 22.97, with 11.07 for asset returns.
Based on Apogee Enterprises Inc. (APOG), the company’s capital structure generated 0.24 points at debt to capital in total, while cash flow to debt ratio is standing at 1.27. The debt to equity ratio resting at 0.31. The interest coverage ratio of the stock is 17.46.
Currently, EBITDA for the company is 166.68 million with net debt to EBITDA at 0.65. When we switch over and look at the enterprise to sales, we see a ratio of 1.03. The receivables turnover for the company is 7.06for trailing twelve months and the total asset turnover is 1.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.47.
Conclusion
To wrap up, the performance of Apogee Enterprises Inc. (APOG) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
