Apogee Story

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APOG -- USA Stock  

USD 37.88  0.75  2.02%

Let's first try to digest why Apogee Enterprises investors are seeking stability amid unprecedented economic uncertainty. Apogee Enterprises is presently traded for 19.81. The entity has historical hype elasticity of -0.03. The average price elasticity to hype of competition is about -0.03. The firm is forecasted to decline in value after the next press release, with the price expected to drop to 19.78. The average volatility of headline impact on the company stock price is huge, making predictions on the news or social media along less reliable. The price decrease on the next news is expected to be -0.15%, whereas the daily expected return is presently at -0.13 percent. Given the investment horizon of 30 days, the next forecasted announcement will be in about 5 days.
Published over three months ago
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Should I hold on to my Apogee Enterprises (NASDAQ:APOG) position?
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Apogee Enterprises has an asset utilization ratio of 200.78 percent. This indicates that the company is making $2.01 for each dollar of assets. An increasing asset utilization means that Apogee Enterprises is more efficient with each dollar of assets it utilizes for everyday operations. About 91.0% of the company shares are held by institutions such as insurance companies. Apogee Enterprises has price-to-book (P/B) ratio of 1.02. Some equities with similar Price to Book (P/B) outperform the market in the long run. The entity has Price/Earnings To Growth (PEG) ratio of 0.75. The firm last dividend was issued on the 13th of July 2020. Apogee Enterprises had 2:1 split on the 18th of February 1997.
The successful prediction of Apogee Enterprises stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Apogee Enterprises, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Apogee Enterprises based on Apogee Enterprises hews, social hype, general headline patterns, and widely used predictive technical indicators. We also calculate exposure to Apogee Enterprises's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Apogee Enterprises's related companies.

Use Technical Analysis to project Apogee expected Price

Apogee Enterprises technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Apogee Enterprises technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Apogee Enterprises trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

How Apogee utilizes its cash?

To perform a cash flow analysis of Apogee Enterprises, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Apogee Enterprises is receiving and how much cash it distributes out in a given period. The Apogee Enterprises cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Apogee Enterprises Net Cash Flow from Operations is projected to increase significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at 123.35 Million

What is driving Apogee Enterprises Investor Appetite?

Apogee Enterprises reported the previous year's revenue of 1.32 B. Net Income was 49.35 M with profit before overhead, payroll, taxes, and interest of 303.96 M.
 2010 2014 2019 2020 (projected)
Consolidated Income27.99 M45.69 M61.91 M56.9 M
Direct Expenses606.19 M1.11 B1.07 B876.08 M

Deferred Revenue Breakdown

Apogee Enterprises Deferred Revenue is increasing over the years with slightly volatile fluctuation. Deferred Revenue is expected to dwindle to about 27.9 M. Deferred Revenue usually refers to a component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income. Apogee Enterprises Deferred Revenue is projected to increase significantly based on the last few years of reporting. The past year's Deferred Revenue was at 32.7 Million
201022.56 Million
201421.48 Million
201932.7 Million
202027.86 Million

Momentum Analysis of Apogee Enterprises suggests possible reversal in October

Maximum drawdown is down to 15.45. It may indicate a possible volatility dip. As of the 17th of September 2020, Apogee Enterprises shows the mean deviation of 2.33, and Risk Adjusted Performance of (0.024768). Apogee Enterprises technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Apogee Enterprises, which can be compared to its rivals. Please confirm Apogee Enterprises jensen alpha, as well as the relationship between the potential upside and skewness to decide if Apogee Enterprises is priced correctly, providing market reflects its regular price of 19.81 per share. Given that Apogee Enterprises has jensen alpha of (0.14), we suggest you to validate Apogee Enterprises's prevailing market performance to make sure the company can sustain itself at a future point.

Our Takeaway on Apogee Enterprises Investment

Although some other companies in the building products & equipment industry are either recovering or due for a correction, Apogee Enterprises may not be performing as strong as the other in terms of long-term growth potentials. While some shareholders may not share our view we believe that the current risk-reward utility is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Apogee Enterprises.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Apogee Enterprises. Please refer to our Terms of Use for any information regarding our disclosure principles.

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