Apogee Enterprises (APOG) reported earnings 30 days ago. What's next for the stock?
DA Davidson analyst Brent Thielman lowered the firm's price target on Apogee Enterprises to $62 from $75 and keeps a Neutral rating on the shares. The firm notes that demand headwinds for the company are persisting, and while it currently does not anticipate earnings will contract into FY26, this may weigh against near-term valuation, the analyst tells investors in a research note. Apogee's ability to navigate market headwinds thus far is notable, but with limited signs of improving demand conditions and expectations of a more competitive environment, DA Davidson anticipates a potential a ceiling on near-term margin expectations for the company, the firm added.
APOG anticipates a 5% decline in fiscal 2025 net sales, driven by lower Q4 volumes, partially offset by a $30-million boost from the UW Solutions acquisition.
Glassmaker Apogee Enterprises (APOG -16.08%) stock is getting hit hard in Tuesday-morning trading, down 16.5% through 11:11 a.m. ET despite reporting better-than-expected sales and earnings this morning.
APOG's Q3 results are likely to reflect gains from continued strong performance in the Architectural Services segment, partially offset by cost inflation.
Amid weak demand in the Glass Products industry, APOG is navigating well and merits investor attention. However, OI is struggling, making it a stock to avoid.
Here is how Apogee Enterprises (APOG) and Atmus Filtration Technologies (ATMU) have performed compared to their sector so far this year.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Here is how Apogee Enterprises (APOG) and Atmus Filtration Technologies (ATMU) have performed compared to their sector so far this year.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
The crux of safe investment lies in choosing a company that is not burdened with debt, as a debt-free stock is almost impossible to find. You can buy JHG, CCB, NVS, APOG and IDCC.
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