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.
The 10-day moving average for APOG crossed bullishly above the 50-day moving average on October 15, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 11 of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 79%.
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 51 of 78 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 65%.
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 24 of 41 cases over the following month. The odds of a continued upward trend are 59%.
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.
Following a +3.21% 3-day Advance, the price is estimated to grow further. Considering data from situations where APOG advanced for three days, in 200 of 299 cases, the price rose further within the following month. The odds of a continued upward trend are 67%.
The Aroon Indicator entered an Uptrend today. In 111 of 187 cases where APOG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 59%.
The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 19 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
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 66%.
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 Tickeron Price Growth Rating for this company is 37 (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 50 (best 1 - 100 worst) indicates that the company is fair valued 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 Valuation Rating of 54 (best 1 - 100 worst) indicates that the company is fair valued 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 (1.956) is normal, around the industry mean (2.990). P/E Ratio (14.904) is within average values for comparable stocks, (25.807). Projected Growth (PEG Ratio) (1.141) is also within normal values, averaging (1.215). Dividend Yield (0.023) settles around the average of (0.084) among similar stocks. APOG's P/S Ratio (0.580) is slightly lower than the industry average of (1.867).
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 PE Growth Rating for this company is 64 (best 1 - 100 worst), pointing to 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 82 (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 76, 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