Apogee Enterprises (NASDAQ:APOG) Azioni

Apogee Enterprises

Apogee Enterprises Inc is a provider of architectural products and services for enclosing buildings, and high-performance glass and acrylic products used in applications for preservation, protection, and enhanced viewing. The company's operating segment consists of the Architectural Metals Segment, Architectural Services Segment, Architectural Glass Segment, and Performance Surfaces Segment. The company generates the majority of its revenue from the Architectural Metals Segment, which designs, engineers, fabricates, and finishes aluminum window, curtainwall, storefront, and entrance systems used principally in non-residential construction. The company generates revenue geographically from the United States, Canada, and Brazil, with the majority coming from the United States.

Apogee Enterprises Inc

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Apogee 21 Holdings Inc

Apogee Therapeutics Inc

Meghan M. Elliott, Chief Legal Officer at Apogee Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APOG#NASDAQ">APOG</a>), disclosed an insider purchase on April 24, based on a new SEC filing.
What Happened: In a significant move reported in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000006845/000000684525000051//Archives/edgar/data/6845/000000684525000051/0000006845-25-000051-index.htm">U.S. Securities and Exchange Commission</a> on Thursday, Elliott purchased 9,980 shares of Apogee Enterprises, demonstrating confidence in the company's growth potential. The total value of the transaction stands at $455,187.
In the Friday's morning session, Apogee Enterprises's shares are currently trading at $40.02, experiencing a down of 0.15%.
<h3>Unveiling the Story Behind Apogee Enterprises</h3>
Apogee Enterprises Inc provider of architectural products and services for enclosing buildings, and high-performance glass and acrylic products used in applications for preservation, protection, and enhanced viewing. Its segments are Architectural Framing Systems; Architectural Glass; Architectural Services and Large-Scale Optical Technologies (LSO). It generates maximum revenue from the Architectural Framing Systems segment. The Architectural Framing Systems segment designs, engineers, fabricates, and finishes the aluminum frames used in customized aluminum and glass windows, curtainwall, storefront, and entrance systems comprising the outside skin and entrances of commercial, institutional, and others. Geographically, it derives a majority of its revenue from the United States.
<h3>Apogee Enterprises's Economic Impact: An Analysis</h3>
Revenue Growth: Apogee Enterprises displayed positive results in 3 months. As of 30 November, 2024, the company achieved a solid revenue growth rate of approximately 0.48%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Insights into Profitability:
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 26.12%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Apogee Enterprises's EPS is notably higher than the industry average. The company achieved a positive bottom-line trend with a current EPS of 0.96.
</li>
</ul>
Debt Management: Apogee Enterprises's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.65.
Evaluating Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 10.3, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 0.64 is lower than the industry average, implying a discounted valuation for Apogee Enterprises's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a below-average EV/EBITDA ratio of 7.29, Apogee Enterprises presents an opportunity for value investors. This lower valuation may attract investors seeking undervalued opportunities.
</li>
</ul>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
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<h3>Delving Into the Significance of Insider Transactions</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Navigating the World of Insider Transaction Codes</h3>
Digging into the details of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their attention to those taking place in the open market, as outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000006845">Check Out The Full List Of Apogee Enterprises's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

Insider Trades

Trading Ideas

APOG

Apogee Enterprises Chief Legal Officer Trades $455K In Company Stock

Brent C Jewell, President at Apogee Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APOG#NASDAQ">APOG</a>), reported an insider buy on April 24, according to a new SEC filing. 
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000006845/000000684525000053//Archives/edgar/data/6845/000000684525000053/0000006845-25-000053-index.htm">U.S. Securities and Exchange Commission</a> on Thursday unveiled that Jewell made a notable purchase of 11,297 shares of Apogee Enterprises, valuing at $515,256.
Apogee Enterprises shares are trading down 0.15% at $40.02 at the time of this writing on Friday morning.
<h3>Delving into Apogee Enterprises's Background</h3>
Apogee Enterprises Inc provider of architectural products and services for enclosing buildings, and high-performance glass and acrylic products used in applications for preservation, protection, and enhanced viewing. Its segments are Architectural Framing Systems; Architectural Glass; Architectural Services and Large-Scale Optical Technologies (LSO). It generates maximum revenue from the Architectural Framing Systems segment. The Architectural Framing Systems segment designs, engineers, fabricates, and finishes the aluminum frames used in customized aluminum and glass windows, curtainwall, storefront, and entrance systems comprising the outside skin and entrances of commercial, institutional, and others. Geographically, it derives a majority of its revenue from the United States.
<h3>Understanding the Numbers: Apogee Enterprises's Finances</h3>
Revenue Growth: Apogee Enterprises displayed positive results in 3 months. As of 30 November, 2024, the company achieved a solid revenue growth rate of approximately 0.48%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Insights into Profitability:
<ul>
<li>
Gross Margin: With a low gross margin of 26.12%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): The company excels with an EPS that surpasses the industry average. With a current EPS of 0.96, Apogee Enterprises showcases strong earnings per share.
</li>
</ul>
Debt Management: Apogee Enterprises's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.65.
Understanding Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 10.3, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 0.64, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Apogee Enterprises's EV/EBITDA ratio at 7.29 suggests potential undervaluation, falling below industry averages.
</li>
</ul>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
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<h3>Illuminating the Importance of Insider Transactions</h3>
Insider transactions serve as a piece of the puzzle in investment decisions, rather than the entire picture.
When discussing legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Essential Transaction Codes Unveiled</h3>
When it comes to transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S indicates a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000006845">Check Out The Full List Of Apogee Enterprises's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

President Of Apogee Enterprises Makes $515K Buy

On April 24, Matthew J Osberg, EVP and CFO at Apogee Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APOG#NASDAQ">APOG</a>) executed a significant insider buy, as disclosed in the latest SEC filing.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000006845/000000684525000061//Archives/edgar/data/6845/000000684525000061/0000006845-25-000061-index.htm">U.S. Securities and Exchange Commission</a> on Thursday unveiled that Osberg made a notable purchase of 12,155 shares of Apogee Enterprises, valuing at $554,389.
Monitoring the market, Apogee Enterprises's shares down by 0.15% at $40.02 during Friday's morning.
<h3>Get to Know Apogee Enterprises Better</h3>
Apogee Enterprises Inc provider of architectural products and services for enclosing buildings, and high-performance glass and acrylic products used in applications for preservation, protection, and enhanced viewing. Its segments are Architectural Framing Systems; Architectural Glass; Architectural Services and Large-Scale Optical Technologies (LSO). It generates maximum revenue from the Architectural Framing Systems segment. The Architectural Framing Systems segment designs, engineers, fabricates, and finishes the aluminum frames used in customized aluminum and glass windows, curtainwall, storefront, and entrance systems comprising the outside skin and entrances of commercial, institutional, and others. Geographically, it derives a majority of its revenue from the United States.
<h3>Apogee Enterprises's Economic Impact: An Analysis</h3>
Revenue Growth: Apogee Enterprises's revenue growth over a period of 3 months has been noteworthy. As of 30 November, 2024, the company achieved a revenue growth rate of approximately 0.48%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Exploring Profitability:
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 26.12%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): The company excels with an EPS that surpasses the industry average. With a current EPS of 0.96, Apogee Enterprises showcases strong earnings per share.
</li>
</ul>
Debt Management: Apogee Enterprises's debt-to-equity ratio is below the industry average. With a ratio of 0.65, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: Apogee Enterprises's P/E ratio of 10.3 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: The Price to Sales ratio is 0.64, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a lower-than-industry-average EV/EBITDA ratio of 7.29, Apogee Enterprises presents a potential value opportunity, as investors are paying less for each unit of EBITDA.
</li>
</ul>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Impact of Insider Transactions on Investments</h3>
While insider transactions provide valuable information, they should be part of a broader analysis in making investment decisions.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Cracking Transaction Codes</h3>
When dissecting transactions, the focal point for <a href="https://www.benzinga.com/money/investing-tools">investors</a> is often those occurring in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000006845">Check Out The Full List Of Apogee Enterprises's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Apogee Enterprises EVP and CFO Trades $554K In Company Stock

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<li>American Rebel Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AREB#NASDAQ">AREB</a>) shares increased by 34.03% to $4.12. The company's market cap stands at $9.7 million. </li>
<li>Energys Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENGS#NASDAQ">ENGS</a>) stock increased by 26.24% to $9.24. The company's market cap stands at $131.6 million. </li>
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<h3>Losers</h3>
<ul>
<li>Azul (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZUL#NYSE">AZUL</a>) shares fell 19.4% to $1.25 during Thursday's regular session. The company's market cap stands at $191.6 million. </li>
<li>Jayud Global Logistics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JYD#NASDAQ">JYD</a>) stock fell 17.97% to $0.22. The company's market cap stands at $20.7 million. </li>
<li>CBIZ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBZ#NYSE">CBZ</a>) stock decreased by 12.12% to $67.88. The market value of their outstanding shares is at $3.4 billion. As per the news, the Q1 earnings report came out today. </li>
<li>Apogee Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APOG#NASDAQ">APOG</a>) stock fell 9.72% to $41.46. The company's market cap stands at $910.1 million. As per the news, the Q4 earnings report came out today. </li>
<li>FBS Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FBGL#NASDAQ">FBGL</a>) shares fell 9.02% to $0.67. The company's market cap stands at $9.0 million. </li>
<li>Alaska Air Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) shares decreased by 8.98% to $41.97. The company's market cap stands at $5.1 billion. As per the news, the Q1 earnings report came out yesterday. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

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12 Industrials Stocks Moving In Thursday's Intraday Session

WIIM

Apogee Enterprises shares are trading lower after the company issued FY26 adjusted EPS and EPS guidance below estimates.

Apogee Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APOG#NASDAQ">APOG</a>) is looking for FY2026 GAAP EPS of $2.54-$3.19 vs $4.31 analyst estimate..

Guidance

Apogee Enterprises Sees FY2026 GAAP EPS $2.54-$3.19 vs $4.31 Est

Apogee Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APOG#NASDAQ">APOG</a>) is looking for FY2026 Adj EPS of $3.55-$4.10 vs $4.33 analyst estimate. sees sales of $1.370 billion-$1.430 billion vs $1.37 billion analyst estimate.

Apogee Enterprises Sees FY2026 Adj EPS $3.55-$4.10 vs $4.33 Est; Sees Sales $1.370B-$1.430B vs $1.37B Est

Apogee Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APOG#NASDAQ">APOG</a>) reported quarterly earnings of $0.89 per share which beat the analyst consensus estimate of $0.88 by 1.14 percent. This is a 21.93 percent decrease over earnings of $1.14 per share from the same period last year. The company reported quarterly sales of $345.69 million which beat the analyst consensus estimate of $332.91 million by 3.84 percent. This is a 4.46 percent decrease over sales of $361.84 million the same period last year.

Earnings

Earnings Beats

Apogee Enterprises Q4 Adj. EPS $0.89 Beats $0.88 Estimate, Sales $345.69M Beat $332.91M Estimate

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Earnings Scheduled For April 24, 2025

Dividends

General

Apogee Enterprises Has Increased Its Quarterly Cash Dividend By 4% To $0.26 Per Share, Payable On February 12, 2025, To Shareholders Of Record At The Close Of Business On January 28, 2025

DA Davidson analyst Brent Thielman maintains Apogee Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APOG#NASDAQ">APOG</a>) with a Neutral and lowers the price target from $75 to $62.

Price Target

Analyst Ratings

DA Davidson Maintains Neutral on Apogee Enterprises, Lowers Price Target to $62

Apogee Enterprises shares are trading lower. The company reported Q3 financial results.

Apogee Enterprises, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APOG#NASDAQ">APOG</a>) shares are trading lower after the company reported<a target="_blank" href="https://www.benzinga.com/pressreleases/25/01/b42839600/apogee-enterprises-reports-fiscal-2025-third-quarter-results" rel="noreferrer noopener"> third-quarter results</a>.
Sales of&nbsp;$341.3 million&nbsp;beat the&nbsp;consensus&nbsp;estimate of&nbsp;$332.6 million. Revenue rose 0.5% year-over-year, driven by an $8.8 million contribution from the acquisition of UW Solutions and a more favorable project mix in Architectural Services.
The growth is partially offset by a less favorable mix in Architectural Framing Systems and a lower volume in Architectural Glass.
Adjusted EPS was $1.19,&nbsp;<a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">beating the consensus of&nbsp;$1.12</a>.
Gross margin fell 50 basis points to 26.1%, mainly due to lower sales volume, an unfavorable product mix in Architectural Framing Systems, higher incentive compensation, and lease expenses.
Adjusted operating income was $35.4 million, and the adjusted operating margin decreased 70 basis points to 10.4%. The decline in margin was mainly due to lower sales volume, a less favorable product mix, higher incentive compensation and lease expenses.
Apogee held&nbsp;$43.9 million in cash and cash equivalents as of November 30.
Fiscal year-to-date, the company has returned $31.3 million to shareholders through share repurchases and dividend payments.
Outlook: Apogee Enterprises now expects FY25 net sales to decline around 5%, vs. the prior<a target="_blank" href="https://www.benzinga.com/news/earnings/24/10/41182821/architectural-services-company-apogee-smashes-q2-expectations-hikes-fy25-eps-outlook-despite-revenu" rel="noreferrer noopener"> forecasted decline of 4% to 7%</a>.
The company expects adjusted EPS to be at the bottom end of the prior guidance range of $4.90 &#8211; $5.20, <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">vs. consensus of $5.07</a>.
Apogee&#8217;s outlook includes an anticipated reduction of approximately $0.20 in adjusted diluted EPS due to the reversion to a 52-week year compared to fiscal 2024.
Project Fortify&#8217;s adverse net sales are expected to have no material effect on adjusted diluted EPS.
The company now expects pre-tax charges of $16 million to $17 million related to Project Fortify, which will result in annualized cost savings of $13 million to $14 million.
About 60% of these savings are expected to be realized in fiscal 2025, with the remainder in fiscal 2026. The plan is expected to be largely complete by the fourth quarter of fiscal 2025.
Apogee now anticipates capital expenditures of&nbsp;$40 million&nbsp;–&nbsp;$45 million in FY25.
Price Action: APOG shares are down 5.44%&nbsp;at&nbsp;$67.26 premarket at the last check Tuesday.
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Equities

Small Cap

Architectural Services Company Apogee Shares Slide On Dimmed FY25 Forecast - What's Going On?

Apogee Enterprises Now Expects FY25 Outlook For Net Sales To Be Around 5% (Vs. Decline Of 4% to 7% Prior), Adj. EPS To Be At The Bottom Of Prior Guidance Range Of $4.90-$5.20 Vs. Cons. Of $5.07

Apogee Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APOG#NASDAQ">APOG</a>) reported quarterly earnings of $1.19 per share which beat the analyst consensus estimate of $1.12 by 6.25 percent. The company reported quarterly sales of $341.344 million which beat the analyst consensus estimate of $332.628 million by 2.62 percent. This is a 0.48 percent increase over sales of $339.714 million the same period last year.

Apogee Enterprises Q3 2025 Adj. EPS $1.19 Beats $1.12 Estimate, Sales $341.344M Beat $332.628M Estimate

<h3>Companies Reporting Before The Bell</h3>
• Lindsay (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNN#NYSE">LNN</a>) is estimated to report quarterly earnings at $1.39 per share on revenue of $169.78 million. 
• Apogee Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APOG#NASDAQ">APOG</a>) is estimated to report quarterly earnings at $1.11 per share on revenue of $332.19 million. 
• RPM Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RPM#NYSE">RPM</a>) is likely to report quarterly earnings at $1.34 per share on revenue of $1.79 billion. 
<h3>Companies Reporting After The Bell</h3>
• Richardson Electronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RELL#NASDAQ">RELL</a>) is projected to report quarterly loss at $0.02 per share on revenue of $51.31 million. 
• AZZ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZZ#NYSE">AZZ</a>) is expected to report quarterly earnings at $1.27 per share on revenue of $396.64 million. 
• Simulations Plus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLP#NASDAQ">SLP</a>) is projected to report quarterly earnings at $0.17 per share on revenue of $18.80 million. 
• Kura Sushi USA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KRUS#NASDAQ">KRUS</a>) is estimated to report quarterly loss at $0.20 per share on revenue of $61.72 million. 
• Cal-Maine Foods (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CALM#NASDAQ">CALM</a>) is estimated to report quarterly earnings at $3.68 per share on revenue of $751.50 million. 
• AAR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIR#NYSE">AIR</a>) is likely to report quarterly earnings at $0.84 per share on revenue of $654.09 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CALM

KRUS

RELL

Earnings Scheduled For January 7, 2025

U.S. stocks settled higher on Friday, with the S&amp;P 500 and Dow Jones index surging to fresh highs during the session. U.S. major averages also recorded gains for the fifth straight week, with the S&amp;P 500 and Nasdaq adding 1.1% each, while the Dow gained 1.2% last week.
Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst&#8217;s opinion to trust.
Benzinga&#8217;s Analyst Ratings API is a collection of the highest-quality stock ratings curated by the Benzinga news desk via direct partnerships with major sell-side banks. Benzinga displays overnight ratings changes on a daily basis three hours prior to the U.S. equity market opening. Data specialists at investment dashboard provider Toggle.ai recently uncovered that the analyst insights Benzinga Pro subscribers and Benzinga readers regularly receive can successfully be used as trading indicators to outperform the stock market.
Top Analyst Picks: Fortunately, any Benzinga reader can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. One of the ways traders can sort through Benzinga&#8217;s extensive database of analyst ratings is by analyst accuracy. Here&#8217;s a look at the most recent stock picks from each of the five most accurate Wall Street analysts, according to Benzinga <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock</a> Ratings.
Analyst: Zachary Fadem
<ul>
<li>Analyst Firm: Wells Fargo</li>
<li>Ratings Accuracy: 87%</li>
<li>Latest Rating: Maintained an Equal-Weight rating on Darden Restaurants, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NYSE">DPZ</a>) and cut the price target from $450 to $420 on Oct. 11. This analyst sees around 2% downside in the stock.</li>
<li>Recent News: On Oct. 10, the company reported sales growth of 5.1% Y/Y to $1.08 billion, missing the analyst consensus estimate of $1.10 billion.</li>
</ul>
Analyst: Andrew Kaplowitz
<ul>
<li>Analyst Firm: Citigroup</li>
<li>Ratings Accuracy: 86%</li>
<li>Latest Rating: Maintained a Buy rating on GE Aerospace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) and raised the price target from $198 to $216 on Oct. 10. This analyst sees around 13% upside in the stock.</li>
<li>Recent News: On Sept. 23, the company launched AI Wingmate to support its 52,000 employees in enhancing quality and innovation in flight.</li>
</ul>
Analyst: Justin Post
<ul>
<li>Analyst Firm: B of A Securities</li>
<li>Ratings Accuracy: 86%</li>
<li>Latest Rating: Maintained a Neutral rating on Airbnb, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>) and raised the price target from $132 to $142 on Oct. 11. This analyst sees around 6% upside in the stock.</li>
<li>Recent News: On Aug. 6, Airbnb reported worse-than-expected second-quarter EPS results and issued third-quarter revenue guidance below estimates.</li>
</ul>
Analyst: Brent Thielman
<ul>
<li>Analyst Firm: DA Davidson</li>
<li>Ratings Accuracy: 85%</li>
<li>Latest Rating: Maintained a Neutral rating on Apogee Enterprises, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APOG#NASDAQ">APOG</a>) and raised the price target from $65 to $75 on Oct. 8. This analyst sees more than 4% decline in the stock.</li>
<li>Recent News: On Oct. 4, Apogee Enterprises reported better-than-expected second-quarter financial results and raised its FY25 adjusted EPS guidance above estimates.</li>
</ul>
Analyst: Harsh Kumar
<ul>
<li>Analyst Firm: Piper Sandler</li>
<li>Ratings Accuracy: 85%</li>
<li>Latest Rating: Maintained an Overweight rating on Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) and boosted the price target from $175 to $200 on Oct. 11. This analyst sees around 20% upside in the stock.</li>
<li>Recent News: AMD, last week, launched several new high-performance computing solutions at the event, including fifth Gen AMD EPYC server CPUs, AMD Instinct MI325X accelerators, AMD Pensando Salina DPUs, AMD Pensando Pollara 400 NICs and AMD Ryzen AI PRO 300 series processors for enterprise AI PCs.</li>
</ul>
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</ul>

Pre-Market Outlook

Markets

ABNB

This Analyst With 85% Accuracy Rate Sees Around 20% Upside In AMD - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

DA Davidson analyst Brent Thielman maintains Apogee Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APOG#NASDAQ">APOG</a>) with a Neutral and raises the price target from $65 to $75.

DA Davidson Maintains Neutral on Apogee Enterprises, Raises Price Target to $75

The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the &#8220;Greed&#8221; zone on Friday.
U.S. stocks settled higher on Friday, with the Dow Jones index gaining more than 300 points during the session following the release of jobs data.
The U.S. economy added 254,000 jobs in September, compared to a revised 159,000 gain in August, and topping market estimates of 147,000. The unemployment rate declined to 4.1% in September from 4.2% in the previous month.
Shares of Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), Amazon.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), and Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) recorded gains on Friday.
Wall Street also recorded gains last week, with the S&amp;P 500 gaining 0.22% and the Dow adding 0.09%. The Nasdaq, meanwhile, added 0.1% last week.
Shares of Apogee Enterprises, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APOG#NASDAQ">APOG</a>) jumped around 23% on Friday after the company reported better-than-expected second-quarter financial results and raised its FY25 adjusted EPS guidance above estimates.
Most sectors on the S&amp;P 500 closed on a positive note, with consumer discretionary, financials, and communication services stocks recording the biggest gains on Friday. However, real estate and utilities stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 341 points to 42,352.75 on Friday. The S&amp;P 500 rose 0.90% to 5,751.07, while the Nasdaq Composite climbed 1.22% to close at 18,137.85 during Friday's session.
Investors are awaiting earnings results from The Duckhorn Portfolio, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NAPA#NYSE">NAPA</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 73.7, the index remained in the &#8220;Greed&#8221; zone on Friday, versus a prior reading of 71.1.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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</ul>
Photo courtesy: Shutterstock

AMZN

NAPA

NFLX

TSLA

Dow Jumps Over 300 Points As Tesla, Amazon And Netflix Record Gains: Investor Optimism Improves, Fear Index Remains In 'Greed' Zone

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more than 100 points on Friday.
The Dow traded up 0.37% to 42,165.39 while the NASDAQ rose 0.77% to 18,056.62. The S&amp;P 500 also rose, gaining, 0.46% to 5,726.34.
Check This Out: <a href="https://www.benzinga.com/news/earnings/24/10/41183602/how-to-earn-500-a-month-from-phillips-66-stock-ahead-of-q3-earnings">How To Earn $500 A Month From Phillips 66 Stock Ahead Of Q3 Earnings</a>
Leading and Lagging Sectors Financials shares jumped by 1.2% on Friday.
In trading on Friday, real estate shares dipped by 0.9%.
Top Headline
The total number of active U.S. oil rigs fell by five to 479 rigs this week, Baker Hughes Inc reported.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Phoenix Motor Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEV#NASDAQ">PEV</a>) shares shot up 188% to $1.0012 after the company reported a substantial increase in the first-quarter results.</li>
<li>Shares of Apogee Enterprises, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APOG#NASDAQ">APOG</a>) got a boost, surging 24% to $85.08 after the company reported better-than-expected second-quarter financial results and raised its FY25 adjusted EPS guidance above estimates.</li>
<li>Beneficient (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BENF#NASDAQ">BENF</a>) shares were also up, gaining 53% to $1.82 after the company announced its subsidiary, Beneficient Company Holdings, consummated a previously announced transaction pursuant to which approximately $126 million of its preferred equity was redesignated as non-redeemable.</li>
</ul>
Equities Trading DOWN
<ul>
<li>AMTD Digital Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HKD#NYSE">HKD</a>) shares dropped 15% to $4.45.</li>
<li>Shares of ZIM Integrated Shipping Services Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>) were down 12% to $19.06.</li>
<li>Spirit Airlines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAVE#NYSE">SAVE</a>) was down, falling 27% to $1.6459 following a report suggesting that the company is exploring the potential of filing for bankruptcy.</li>
</ul>
Commodities In commodity news, oil traded up 1.5% to $74.83 while gold traded down 0.5% at $2,665.30.
Silver traded down 0.3% to $32.375 on Friday, while copper rose 0.3% to $4.5670.
Euro zone
European shares closed mostly higher today. The eurozone's STOXX 600 rose 0.44%, Germany's DAX rose 0.55% and France's CAC 40 climbed 0.85%. Spain's IBEX 35 Index rose 0.35%, while London's FTSE 100 fell 0.02%.
The S&amp;P Global UK construction PMI jumped to 57.2 in September compared to 53.6 in the previous month, while France construction PMI declined to 37.9 in September from 40.1 in the earlier month. The HCOB Eurozone construction PMI climbed to 42.1 in September versus 41.4 in the prior two months.
Asia Pacific Markets
Asian markets closed mixed on Friday, with Japan's Nikkei 225 gaining 0.22%, Hong Kong's Hang Seng Index gaining 2.82% and India's BSE Sensex dipping 0.98%.
The HSBC India services PMI was revised downward to 57.7 in September versus a preliminary reading of 58.9. The S&amp;P Global Hong Kong SAR PMI surged to 50.0 in September compared to August's reading of 49.4.
Economics
<ul>
<li>The U.S. economy added 254,000 jobs in September, compared to a revised 159,000 gain in August, and topping market estimates of 147,000. The unemployment rate declined to 4.1% in September from 4.2% in the previous month.</li>
<li>The total number of active U.S. oil rigs fell by five to 479 rigs this week, Baker Hughes Inc reported.</li>
</ul>
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<li><a href="https://www.benzinga.com/news/24/10/41184233/dominos-pizza-to-rally-over-38-here-are-10-top-analyst-forecasts-for-friday">Domino&#8217;s Pizza To Rally Over 38%? Here Are 10 Top Analyst Forecasts For Friday</a></li>
</ul>

Eurozone

Commodities

Intraday Update

BENF

SAVE

Nasdaq Gains Over 100 Points; Beneficient Shares Spike Higher

Press Releases

Apogee Enterprises Reports Fiscal 2025 Second Quarter Results

Apogee Enterprises Completes Acquisition of UW Solutions

Apogee Enterprises Announces Date for Fiscal 2025 Third Quarter Financial Results

Apogee Enterprises Reports Fiscal 2025 Third Quarter Results

Apogee Enterprises Increases Quarterly Dividend

Events

Sidoti Events, LLC's Virtual January Micro-Cap Conference

Jean-Michel Ribiéras and Ty R. Silberhorn Appointed to LP Building Solutions Board of Directors

Apogee Enterprises Schedules Fourth Quarter Fiscal Year 2025 Earnings Release and Conference Call

Comments

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