APOG Stock Summary and Trading Ideas (Apogee Enterprises | NASDAQ:APOG)

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.

Apogee Enterprises trades on the NASDAQ stock market under the symbol APOG.

As of May 9, 2024, APOG stock price declined to $65.53 with 49,695 million shares trading.

APOG has a beta of 0.97, meaning it tends to be less sensitive to market movements. APOG has a correlation of 0.26 to the broad based SPY ETF.

APOG has a market cap of $1.45 billion. This is considered a Small Cap stock.

Last quarter Apogee Enterprises reported $362 million in Revenue and $1.14 earnings per share. This beat revenue expectation by $24 million and exceeded earnings estimates by $.13.

In the last 3 years, APOG stock traded as high as $66.06 and as low as $33.88.

The top ETF exchange traded funds that APOG belongs to (by Net Assets): IJR, CALF, VTI, IWM, VB.

APOG has outperformed the market in the last year with a price return of +67.1% while the SPY ETF gained +27.4%. APOG has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +20.6% and +5.3%, respectively, while the SPY returned +4.5% and +2.7%, respectively.

APOG support price is $64.68 and resistance is $66.98 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that APOG stock will trade within this expected range on the day.