Latest news with #ApogeeEnterprisesInc
San Francisco Chronicle
27-06-2025
- Business
- San Francisco Chronicle
Apogee Enterprises: Fiscal Q1 Earnings Snapshot
MINNEAPOLIS (AP) — MINNEAPOLIS (AP) — Apogee Enterprises Inc. (APOG) on Friday reported a fiscal first-quarter loss of $2.7 million, after reporting a profit in the same period a year earlier. The Minneapolis-based company said it had a loss of 13 cents per share. Earnings, adjusted for one-time gains and costs, were 56 cents per share. The glass products company posted revenue of $346.6 million in the period. Apogee Enterprises expects full-year earnings in the range of $3.80 to $4.20 per share, with revenue in the range of $1.4 billion to $1.44 billion. Apogee Enterprises shares have fallen 44% since the beginning of the year. The stock has dropped 33% in the last 12 months. _____
Forbes
21-04-2025
- Business
- Forbes
Five Small-Capitalization Stocks That Ring My Bells
Small stocks can sometimes be undiscovered gems, offering above-average capital gains. Traditionally, large stocks were considered more international, and small stocks more domestic. At a time of trade hostilities, you'd think that small stocks would be doing well. Alas, not. This year through April 18, big stocks (as measured by the Standard & Poor's 500 Total Return Index) are down 9.8%, while small ones (gauged by the Russell 2000 Index) have fallen 15.3%. This is partly because the small fry are more volatile, and partly because in times of stress, people flee to the relative safety of big stocks. Nonetheless, small stocks have advantages. They are less combed over by Wall Street analysts, and offer a better chance of big gains if you choose astutely. Here are five little stocks that look promising to me. Apogee Enterprises Inc. (APOG), based in Minneapolis, Minnesota, makes architectural glass and framing, especially for skyscrapers. The stock has been a miserable investment or a great one, depending on your timing. It's down 36% so far this year but up 150% over the past five years. Right now, Apogee stock is out of favor, partly because commercial real estate is suffering in a post-Covid world. It sells for about 10 times the past four quarters' earnings. Over the past decade, that multiple has usually been more like 17. Based in Oklahoma City, Oklahoma, Bank7 Corp. (BSVN) has compiled a strong record of profitability. I like to see banks earn at least 1.0% on assets. Bank7 has done that nine years in a row, including six years where the figure was over 2.0%. Unlike most banks, Bank7 has no corporate debt. It has increased its earnings by 18% a year over the past five years. The stock sells for less than eight times recent earnings. A small homebuilder based in Bedford, Texas, Legacy Housing Corp. (LEGH) specializes in very small homes and manufactured homes. If the economy slows down, as seems possible this year, I would guess that the low end of the housing market might be a good place to be. Mortgage rates remain higher than any homebuilder would prefer. But Legacy has very little debt, and so can probably make it through tough times if necessary. The stock sells for 10 times earnings and 1.2 times book value (corporate net worth per share). Over the past decade, Monarch Cement Co. (MCEM) has increased its annual profits an average of 24% a year – coincidentally, the same as Alphabet Inc., the parent of Google. The stock has done extremely well, up 650% in the past ten years. It's up 7% year-to-date, defying the general downtrend. Monarch stock is fairly inexpensive, selling for 13 times recent earnings. And the company is debt-free, a quality I love and rarely see these days. Based in Humboldt, Kansas, the company has little or no Wall Street coverage. Though its name might fool you, Steel Partners Holdings LP (SPLP) of New York City is not a steel maker. It's more of a small conglomerate. It makes building materials and tubing, owns WebBank in Utah, and runs a youth sports business in New Jersey. Steel Partners had four losses in the six years through 2019, but has been nicely profitable since, with a return on equity of 25% last year. Since the company is structured as a limited partnership, owning this stock may complicate your tax return. Since the beginning of 2000, I've written 27 columns recommending small-cap stocks. The average one-year return on my recommendations has been 14.1%. That beats both the Standard & Poor's 500 Total Return Index at 8.5% and the Russell 2000 Index (with dividends reinvested) at 9.8%. My picks in this series have been profitable 19 times out of 27. They have beaten the large-cap index 16 times and the small-cap index 15 times. Bear in mind that my column results are hypothetical and shouldn't be confused with results I obtain for clients. Also, past performance doesn't predict the future. I'd rather not tell you how last year's picks did, but I reluctantly will. All five of my picks from a year ago are down significantly, with an average loss of 40.7%. By comparison the S&P was up 8.5% and the Russell 2000 was down 3.4%. While all my picks did badly, the worst was Quanex Building Products Corp. (NX), down 52%. The least disastrous was John B. Sanfilippo & Son Inc. (JBSS) down 29%. That shows the dangers small-caps can pose. But the long-term results show the benefits. Disclosure: I own Alphabet personally and for almost all of my clients.
Yahoo
29-03-2025
- Business
- Yahoo
Why Apogee Enterprises Inc (APOG) Is Plunging in 2025?
We recently published a list of . In this article, we are going to take a look at where Apogee Enterprises Inc (NASDAQ:APOG) stands against other construction stocks that are plunging in 2025. 2025 is shaping up to be a pivotal moment for the construction industry. Not long ago, the sector was booming. Infrastructure construction stocks soared as government contracts poured in and a broader economic expansion fueled optimism. There were massive infrastructure and energy projects with endless growth potential, and companies tied to these projects thrived. However, the pendulum has swung hard in the opposite direction. Today, the industry faces a stark slowdown, and those once-high-flying construction stocks are plunging. The U.S. GDP is expected to contract in Q1 2025, and residential and commercial projects are stalling as financing costs rise and demand weakens. Looking ahead, the outlook is murky at best. Some experts predict a modest rebound in late 2025 if interest rates ease and loan activity picks up. But considering tariffs are only getting higher, this could drive up inflation again and cause interest rates to stay up. These stocks have borne the brunt of the downturn. It's worth looking into if you want a front-row seat to the industry's ups and downs. For this article, I screened the worst-performing construction stocks year-to-date. I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). High-rise buildings with aluminum framed windows, showing the company's architectural systems in action. Number of Hedge Fund Holders In Q4 2024: 31 Apogee Enterprises Inc (NASDAQ:APOG) sells glass solutions for commercial buildings and fine art framing. The stock is down significantly so far in 2025 as concerns arose due to minimal revenue growth (0.5% year-over-year) and weak demand across markets. That's even though the company exceeded both sales and earnings expectations. The company revised its fiscal 2025 outlook and projected a 5% decline in full-year net sales and adjusted EPS at the lower end of guidance ($4.90-$5.20). Operating margin fell from 11.1% to 8.4%, while diluted EPS decreased from $1.23 to $0.96 ($1.19 adjusted). Also, Apogee completed a $242 million acquisition of UW Solutions, which added $8.8 million in revenue but diluted adjusted EPS by $0.05 due to increased interest and amortization expenses. On top of that, persistent weak demand in commercial construction markets and higher interest rates weighed on performance, particularly in the Architectural Glass segment. The consensus price target of $62 implies 30.42% upside. APOG stock is down 33.10% year-to-date. Overall, APOG ranks 5th on our list of construction stocks that are plunging in 2025. While we acknowledge the potential of APOG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than APOG but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
