Apogee Story

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APOG -- USA Stock  

USD 34.71  1.35  3.74%

As many rational traders are trying to avoid industrials space, it makes sense to digest Apogee Entrpr a little further and understand how it stands against Masonite Worldwide and other similar entities. We are going to discuss some of the competitive aspects of both Apogee and Masonite.
Published over a week ago
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Should you short your Masonite Worldwide (NYSE:DOOR) and Apogee Entrpr (NASDAQ:APOG) positions after an ascent?
By analyzing existing basic indicators between Apogee Entrpr and Masonite, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Masonite with a short position in Apogee Entrpr. Check out our pair correlation module for more information.

Let's begin by analyzing the assets.
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Apogee Entrpr has an asset utilization ratio of 191.65 percent. This indicates that the company is making $1.92 for each dollar of assets. An increasing asset utilization means that Apogee Entrpr is more efficient with each dollar of assets it utilizes for everyday operations.
Out of tens of thousands of stocks, funds, and ETFs that trade on global exchanges each represent an individual company which you can analyze using comparative analysis. To determine which one of the two companies, such as Apogee or Masonite is a better fit for your portfolio, analyzing a few basic fundamental indicators is a good first step.

Understending Apogee Entrpr dividends

A dividend is the distribution of a portion of Apogee Entrpr earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Apogee Entrpr dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Apogee one year expected dividend income is about $0.36 per share.
As of April 20, 2021, Payment of Dividends and Other Cash Distributions is expected to decline to about (18.2 M). In addition to that, Dividend Yield is expected to decline to 0.0181.
Last ReportedProjected for 2021
Payment of Dividends and Other Cash Distributions-16.8 M-18.2 M
Dividend Yield 0.0216  0.0181 
Dividends per Basic Common Share 0.82  0.71 
Investing in dividend-paying stocks, such as Apogee Entrpr is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Apogee Entrpr must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Apogee Entrpr. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

How important is Apogee Entrpr's Liquidity

Apogee Entrpr financial leverage refers to using borrowed capital as a funding source to finance Apogee Entrpr ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Apogee Entrpr 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 Entrpr's total debt and its cash.

Correlation Between Apogee and Masonite Worldwide Hld

In general, stock analysis is a method for investors and traders to make individual buying and selling decisions. Stock correlation analysis is also essential because it can help investors realize that they may not be as diversified as they think. Risk management strategies are usually required to make sure all portfolios are properly aligned against their risk tolerance level. You can consider holding Apogee Entrpr together with similar or unrelated positions with a negative correlation. For example, you can also add Masonite Worldwide to your portfolio. If Masonite Worldwide is not perfectly correlated to Apogee Entrpr it will diversify some of the market risks out of the positively correlated stocks in your portfolio. However, the disadvantage of this sort of hedging is that it can potentially affect your investment returns throughout market cycles. When Apogee Entrpr for example, for example, performs excellent and delivers stable returns, the negatively correlated position you locked in as a hedge may drag your returns down.
Please check pair correlation details between APOG and DOOR for more information.

A Deeper look at Apogee

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Revenue Breakdown

Let me take a closer look at Apogee Entrpr revenue. Based on the latest financial disclosure, Apogee Entrpr reported 1.26 B of revenue. This is 63.99% lower than that of the Industrials sector and significantly higher than that of the Building Products & Equipment industry. The revenue for all United States stocks is 86.65% higher than that of Apogee Entrpr. As for Masonite Worldwide we see revenue of 2.26 B, which is much higher than that of the Building Products & Equipment

Apogee1.26 Billion
Masonite2.26 Billion
1.3 B
2.3 B

Apogee Entrpr price dip is serious

Latest Information Ratio is up to 0.1. Price may dip again. Apogee Entrpr currently demonstrates below-average downside deviation. It has Information Ratio of 0.1 and Jensen Alpha of 0.13. However, we advise investors to further question Apogee Entrpr expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Apogee Entrpr's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Apogee Entrpr's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Our Conclusion on Apogee Entrpr

Although other entities in the building products & equipment industry are either recovering or due for a correction, Apogee Entrpr may not be performing as strong as the other in terms of long-term growth potentials. All things considered, as of the 8th of April 2021, our analysis shows that Apogee Entrpr actively responds to the market. The firm is fairly valued and projects low chance of bankruptcy for the next 2 years. Our ongoing 30 days buy-hold-sell recommendation on the firm is 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 Entrpr. Please refer to our Terms of Use for any information regarding our disclosure principles.

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