Apogee Enterprises, Inc. posted adjusted earnings of $1.07 for third-quarter fiscal 2023, exceeding the Zacks Consensus Estimate of 98 cents (according to Zacks Equity Research). The figure was 63 cents per share in the year-ago quarter.
Revenues rose +10.2% from the year-ago quarter to $368 million, topping the Zacks Consensus Estimate of $355 million (according to Zacks Equity Research).
The Architectural Framing Systems segment’s revenue rose around +17% year-over-year to $165 million, primarily due to inflation's impact on pricing. Architectural Glass business revenue grew +10% from the prior-year quarter to $81.5 million. Revenue from the Architectural Services segment was down -3% from the year-ago quarter to $102 million. The Large-Scale Optical Technologies segment also experienced a -3% dip year-over-year to $27 million.
For fiscal 2023, Apogee projects adjusted EPS in the range of $3.90 and $4.05, vs. prior guidance of $3.75 to $4.05. The company is expecting revenue growth of 10% for the year, to be driven by Architectural Framing Systems. Capital expenditure is anticipated to be $40 million.
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
APOG moved above its 50-day moving average on October 06, 2026 date and that indicates a change from a downward trend to an upward trend. In 33 of 40 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 82%.
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where APOG's RSI Indicator exited the oversold zone, 23 of 32 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 72%.
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 39 of 60 cases where APOG's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 65%.
The Momentum Indicator moved above the 0 level on October 06, 2026. You may want to consider a long position or call options on APOG as a result. In 55 of 78 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 71%.
The Moving Average Convergence Divergence (MACD) for APOG just turned positive on October 06, 2026. Looking at past instances where APOG's MACD turned positive, the stock continued to rise in 33 of 43 cases over the following month. The odds of a continued upward trend are 77%.
Following a +12.31% 3-day Advance, the price is estimated to grow further. Considering data from situations where APOG advanced for three days, in 202 of 301 cases, the price rose further within the following month. The odds of a continued upward trend are 67%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where APOG declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 65%.
APOG broke above its upper Bollinger Band on October 06, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for APOG entered a downward trend on October 05, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Valuation Rating of 9 (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.484) is normal, around the industry mean (9.236). P/E Ratio (11.414) is within average values for comparable stocks, (38.255). Projected Growth (PEG Ratio) (1.141) is also within normal values, averaging (1.212). APOG has a moderately high Dividend Yield (0.029) as compared to the industry average of (0.009). P/S Ratio (0.580) is also within normal values, averaging (2.201).
The Tickeron SMR rating for this company is 59 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is 61 (best 1 - 100 worst), indicating steady price growth. APOG’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of 75 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is 85 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 96 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. APOG’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a maker of window systems and curtainwall
Industry BuildingProducts