Apogee Enterprises Stock Today

APOG Stock  USD 54.71  0.19  0.35%   

Performance

16 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 1

 
100  
 
Zero
Very Small
Apogee Enterprises is trading at 54.71 as of the 23rd of February 2024. This is a -0.35 percent decrease since the beginning of the trading day. The stock's lowest day price was 54.32. Apogee Enterprises has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Apogee Enterprises are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of January 2024 and ending today, the 23rd of February 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
13th of January 1978
Category
Industrials
Apogee Enterprises, Inc. designs and develops glass and metal products and services in the United States, Canada, and Brazil. The company was incorporated in 1949 and is based in Minneapolis, Minnesota. Apogee Entrpr operates under Building Products Equipment classification in the United States and is traded on NASDAQ Exchange. The company has 22.09 M outstanding shares of which 1.1 M shares are presently shorted by private and institutional investors with about 9.4 trading days to cover. More on Apogee Enterprises

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Apogee Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Apogee Enterprises' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Apogee Enterprises or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEOTy Silberhorn
Thematic Ideas
(View all Themes)
SEC FilingsApogee Enterprises Security & Exchange Commission EDGAR Reports
Business ConcentrationBuilding Products, Building Products & Equipment, Industrials, SP Small-Cap 600, Plastics, Sport Products, Industrials, Building Products, Building Products & Equipment, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Apogee Enterprises report their recommendations after researching Apogee Enterprises' financial statements, talking to executives and customers, or listening in on Apogee Enterprises' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Apogee Enterprises. The Apogee consensus assessment is calculated by taking the average forecast from all of the analysts covering Apogee Enterprises.
Financial Strength
Based on the key indicators related to Apogee Enterprises' liquidity, profitability, solvency, and operating efficiency, Apogee Enterprises is performing exceptionally good at this time. It has a great probability to report excellent financial results in March. Financial strength of Apogee Enterprises is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Shares Diluted25.7 M26.7 M
Sufficiently Down
Slightly volatile
Weighted Shares25.4 M26.5 M
Sufficiently Down
Slightly volatile
Return on Assets0.05560.054
Fairly Up
Slightly volatile
Net Cash Flow from Operations114.1 M107.3 M
Notably Up
Slightly volatile
Current Liabilities260.3 M276.9 M
Notably Down
Slightly volatile
Total Liabilities555.6 M612.2 M
Moderately Down
Slightly volatile
Gross Margin0.250.23
Significantly Up
Slightly volatile
Total Debt224.8 M272.3 M
Significantly Down
Slightly volatile
Asset Turnover1.241.22
Fairly Up
Very volatile
Current Assets390.2 M381.9 M
Fairly Up
Slightly volatile
Total Assets1.1 B1.1 B
Sufficiently Down
Slightly volatile
Apogee Enterprises' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Apogee Enterprises' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Apogee Enterprises' financial leverage. It provides some insight into what part of Apogee Enterprises' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Apogee Enterprises' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Apogee Enterprises deploys its capital and how much of that capital is borrowed.
Liquidity
Apogee Enterprises cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 181.64 M in liabilities with Debt to Equity (D/E) ratio of 0.83, which is about average as compared to similar companies. Apogee Enterprises has a current ratio of 1.78, which is within standard range for the sector. Debt can assist Apogee Enterprises until it has trouble settling it off, either with new capital or with free cash flow. So, Apogee Enterprises' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Apogee Enterprises sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Apogee to invest in growth at high rates of return. When we think about Apogee Enterprises' use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

114.05 Million
Apogee Enterprises (APOG) is traded on NASDAQ Exchange in USA. It is located in 4400 West 78th Street, Minneapolis, MN, United States, 55435 and employs 4,900 people. Apogee Enterprises is listed under Building Products category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.21 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Apogee Enterprises's market, we take the total number of its shares issued and multiply it by Apogee Enterprises's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Apogee Enterprises conducts business under Building Products sector and is part of Industrials industry. The entity has 22.09 M outstanding shares of which 1.1 M shares are presently shorted by private and institutional investors with about 9.4 trading days to cover. Apogee Enterprises currently holds about 23.65 M in cash with 102.7 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.07.
Check Apogee Enterprises Probability Of Bankruptcy
Ownership Allocation
Apogee Enterprises retains a total of 22.09 Million outstanding shares. The majority of Apogee Enterprises outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Apogee Enterprises to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Apogee Enterprises. Please pay attention to any change in the institutional holdings of Apogee Enterprises as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Apogee Ownership Details

Apogee Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Apogee Enterprises jumping above the current price in 90 days from now is about 16.02%. The Apogee Enterprises probability density function shows the probability of Apogee Enterprises stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.3131. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Apogee Enterprises will likely underperform. Additionally, the company has an alpha of 0.0589, implying that it can generate a 0.0589 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 54.71HorizonTargetOdds Above 54.71
83.86%90 days
 54.71 
16.02%
Based on a normal probability distribution, the odds of Apogee Enterprises to move above the current price in 90 days from now is about 16.02 (This Apogee Enterprises probability density function shows the probability of Apogee Stock to fall within a particular range of prices over 90 days) .

Apogee Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Apogee Enterprises that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Apogee Enterprises' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Apogee Enterprises' value.
InstituionRecorded OnShares
Pacer Advisors, Inc.2023-09-30
316.6 K
Bank Of New York Mellon Corp2023-09-30
301.3 K
Amvescap Plc.2023-09-30
294.5 K
Northern Trust Corp2023-09-30
287.3 K
Assenagon Asset Management Sa2023-12-31
249.2 K
Millennium Management Llc2023-09-30
226.8 K
American Century Companies Inc2023-09-30
198.3 K
Citadel Advisors Llc2023-09-30
179.7 K
Ameriprise Financial Inc2023-09-30
172.3 K
Blackrock Inc2023-09-30
M
Vanguard Group Inc2023-09-30
M
View Apogee Enterprises Diagnostics

Apogee Enterprises Historical Income Statement

Apogee Enterprises Income Statement is one of the three primary financial statements used for reporting Apogee's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Apogee Enterprises revenue and expense. Apogee Enterprises Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Apogee Enterprises' Gross Profit is most likely to increase significantly in the upcoming years. The Apogee Enterprises' current Interest Expense is estimated to increase to about 9.5 M, while Earning Before Interest and Taxes EBIT is projected to decrease to roughly 88.5 M. View More Fundamentals

Apogee Stock Against Markets

Picking the right benchmark for Apogee Enterprises stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Apogee Enterprises stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Apogee Enterprises is critical whether you are bullish or bearish towards Apogee Enterprises at a given time. Please also check how Apogee Enterprises' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Apogee Enterprises without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Apogee Enterprises Corporate Directors

Apogee Enterprises corporate directors refer to members of an Apogee Enterprises board of directors. The board of directors generally takes responsibility for the Apogee Enterprises' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Apogee Enterprises' board members must vote for the resolution. The Apogee Enterprises board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Jerome DavisIndependent DirectorProfile
Patricia WagnerDirectorProfile
Mary JacksonDirector of Investor RelationsProfile
Donald NolanIndependent DirectorProfile

How to buy Apogee Stock?

Before investing in Apogee Enterprises, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Apogee Enterprises. To buy Apogee Enterprises stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Apogee Enterprises. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Apogee Enterprises stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Apogee Enterprises stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Apogee Enterprises stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Apogee Enterprises, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Apogee Stock please use our How to Invest in Apogee Enterprises guide.

Already Invested in Apogee Enterprises?

The danger of trading Apogee Enterprises is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Apogee Enterprises is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Apogee Enterprises. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Apogee Enterprises is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Apogee Enterprises is a strong investment it is important to analyze Apogee Enterprises' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Apogee Enterprises' future performance. For an informed investment choice regarding Apogee Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apogee Enterprises. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Apogee Stock please use our How to Invest in Apogee Enterprises guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Apogee Enterprises' price analysis, check to measure Apogee Enterprises' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Apogee Enterprises is operating at the current time. Most of Apogee Enterprises' value examination focuses on studying past and present price action to predict the probability of Apogee Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apogee Enterprises' price. Additionally, you may evaluate how the addition of Apogee Enterprises to your portfolios can decrease your overall portfolio volatility.
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Is Apogee Enterprises' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Apogee Enterprises. If investors know Apogee will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Apogee Enterprises listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.15
Dividend Share
0.96
Earnings Share
4.7
Revenue Per Share
63.916
Quarterly Revenue Growth
(0.08)
The market value of Apogee Enterprises is measured differently than its book value, which is the value of Apogee that is recorded on the company's balance sheet. Investors also form their own opinion of Apogee Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Apogee Enterprises' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Apogee Enterprises' market value can be influenced by many factors that don't directly affect Apogee Enterprises' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Apogee Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Apogee Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apogee Enterprises' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.