Apogee Enterprises Inc (NASDAQ: APOG) has reported E.P.S. of $1.42 for its first fiscal quarter (ending May 31) versus $1.08 for the same period a year ago. For the latest four quarters through May 31, E.P.S. were $4.92 versus $4.80 for the same period a year ago.
Recent Price Action
Apogee Enterprises Inc (NASDAQ: APOG) stock enjoyed a very large increase of 8.1% on 6/27/24. The shares closed at $64.06. Moreover, this advance was accompanied by exceptionally high trading volume at 323% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 3.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, APOG is expected to continue to be a major Value Builder.
Apogee Enterprises has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Apogee Enterprises has a poor Appreciation Score of 20 but a very high Power Rating of 89, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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