Apogee Enterprises Inc (NASDAQ: APOG) is -29.89% lower on its value in year-to-date trading and has touched a low of $37.53 and a high of $87.93 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The APOG stock was last observed hovering at around $43.21 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $43.27, the stock is 8.54% and 8.13% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.19 million and changing 0.14% at the moment leaves the stock -24.92% off its SMA200. APOG registered -39.41% loss for a year compared to 6-month loss of -39.29%.
The stock witnessed a 11.69% gain in the last 1 month and extending the period to 3 months gives it a -9.85%, and is 9.07% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.18% over the week and 4.05% over the month.
Apogee Enterprises Inc (APOG) has around 4500 employees, a market worth around $933.46M and $1.38B in sales. Current P/E ratio is 18.47 and Fwd P/E is 10.58. Profit margin for the company is 3.73%. Distance from 52-week low is 15.29% and -50.79% from its 52-week high. The company has generated returns on investments over the last 12 months (6.10%).
The EPS is expected to shrink by -21.10% this year
The shares outstanding are 21.53M, and float is at 21.04M with Short Float at 2.43%.
The top institutional shareholder in the company is BLACKROCK INC. with over 3.93 million shares valued at $246.7 million. The investor’s holdings represent 17.9909 of the APOG Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.08 million shares valued at $193.83 million to account for 14.1352 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 1.22 million shares representing 5.5745 and valued at over $76.44 million, while VICTORY CAPITAL MANAGEMENT INC holds 5.1068 of the shares totaling 1.11 million with a market value of $70.03 million.
Apogee Enterprises Inc (APOG) Insider Activity
Still, SEC filings show that on Jul 16 ’24, Jewell Brent C (President, Architectural Glass) disposed off 5,000 shares at an average price of $64.34 for $0.32 million. The insider now directly holds 23,405 shares of Apogee Enterprises Inc (APOG).
