Apogee Story

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APOG -- USA Stock  

USD 37.88  0.75  2.02%

Apogee Enterprises Investments Current are projected to increase significantly based on the last few years of reporting. The past year's Investments Current were at 294,300. The current year Investments Non Current is expected to grow to about 11.9 M, whereas Tax Assets are forecasted to decline to about 5.6 M. The basic objective of this story is to give shareholders our perspective on Apogee for January. We will forecast Apogee Enterprises value for shareholders.
Published over a month ago
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Estimating Apogee Enterprises (NASDAQ:APOG) price for January 2021.
Apogee Enterprises has a beta of 1.2686. Let's try to break down what Apogee's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Apogee Enterprises will likely underperform. The beta indicator helps investors understand whether Apogee Enterprises moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Apogee deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns.
There are currently many different techniques concerning forecasting the market as a whole as well as predicting future values of individual securities such as Apogee Enterprises. Regardless of method or technology, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.

Predictive Modules for Apogee Enterprises

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Apogee Enterprises' stock price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Apogee Enterprises in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Apogee Enterprises. Your research has to be compared to or analyzed against Apogee Enterprises' peers to derive any actionable benefits. When done correctly, Apogee Enterprises' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Apogee Enterprises.

How important is Apogee Enterprises's Liquidity

Apogee Enterprises financial leverage refers to using borrowed capital as a funding source to finance Apogee Enterprises ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Apogee Enterprises financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Apogee Enterprises's total debt and its cash.

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?

The latest price surge of Apogee Enterprises could raise concerns from shareholders as the firm it trading at a share price of 32.13 on 574,559 in volume. The company management teams may have good odds in positioning the firm resources to exploit market volatility in January. The stock standard deviation of daily returns for 30 days investing horizon is currently 3.05. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Apogee Enterprises partners.

Returns Breakdown

Return on Investment11.3
Return on Assets0.0614
Return on Equity0.12
Return Capital0.14
Return on Sales0.0659

Apogee is expecting lower volatility in January

Latest jensen alpha is at 0.63. Apogee Enterprises shows above-average downside volatility for the selected time horizon. We advise investors to inspect Apogee Enterprises further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Apogee Enterprises future alpha.

The Current Takeaway on Apogee Enterprises Investment

Although many other companies under the building products & equipment industry are still a bit expensive, Apogee Enterprises may offer a potential longer-term growth to shareholders. To conclude, as of the 17th of December 2020, we believe that Apogee Enterprises is currently overvalued with low probability of distress in the next two years. However, our overall 30 days buy vs. sell advice on the firm is Strong Buy.

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 Raphi Shpitalnik 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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