BidaskClub cut shares of Apogee Enterprises (NASDAQ:APOG) from a hold rating to a sell rating in a report issued on Saturday.

Other research analysts have also issued research reports about the stock. Zacks Investment Research upgraded shares of Apogee Enterprises from a strong sell rating to a hold rating in a research note on Tuesday, June 12th. ValuEngine upgraded shares of Apogee Enterprises from a sell rating to a hold rating in a research note on Tuesday, July 31st. DA Davidson lowered shares of Apogee Enterprises from a buy rating to a neutral rating and increased their price target for the stock from $47.00 to $52.00 in a research note on Friday, June 29th. They noted that the move was a valuation call. Finally, TheStreet upgraded shares of Apogee Enterprises from a c+ rating to a b rating in a research note on Thursday, June 28th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of $54.00.

Shares of APOG opened at $48.22 on Friday. Apogee Enterprises has a 12 month low of $37.24 and a 12 month high of $51.33. The firm has a market cap of $1.38 billion, a PE ratio of 15.55, a price-to-earnings-growth ratio of 1.37 and a beta of 1.49. The company has a current ratio of 1.68, a quick ratio of 1.30 and a debt-to-equity ratio of 0.41.

Apogee Enterprises (NASDAQ:APOG) last announced its quarterly earnings results on Thursday, June 28th. The industrial products company reported $0.62 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.53 by $0.09. Apogee Enterprises had a net margin of 5.66% and a return on equity of 17.33%. The company had revenue of $336.50 million for the quarter, compared to analyst estimates of $304.46 million. During the same quarter in the prior year, the business posted $0.56 EPS. Apogee Enterprises’s quarterly revenue was up 23.6% on a year-over-year basis. equities research analysts forecast that Apogee Enterprises will post 3.57 earnings per share for the current fiscal year.

Large investors have recently bought and sold shares of the stock. Dynamic Technology Lab Private Ltd acquired a new position in Apogee Enterprises in the 2nd quarter valued at $1,537,000. Royce & Associates LP grew its stake in Apogee Enterprises by 57.4% in the 2nd quarter. Royce & Associates LP now owns 1,226,629 shares of the industrial products company’s stock valued at $59,087,000 after buying an additional 447,453 shares during the last quarter. Midas Management Corp grew its stake in Apogee Enterprises by 17.8% in the 2nd quarter. Midas Management Corp now owns 53,000 shares of the industrial products company’s stock valued at $2,553,000 after buying an additional 8,000 shares during the last quarter. Sei Investments Co. grew its stake in Apogee Enterprises by 509.0% in the 2nd quarter. Sei Investments Co. now owns 59,659 shares of the industrial products company’s stock valued at $2,873,000 after buying an additional 49,863 shares during the last quarter. Finally, Stevens Capital Management LP acquired a new position in Apogee Enterprises in the 2nd quarter valued at $897,000. Institutional investors and hedge funds own 99.78% of the company’s stock.

About Apogee Enterprises

Apogee Enterprises, Inc designs and develops glass and metal products and services in the United States, Canada, and Brazil. It operates through four segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical Technologies (LSO). The Architectural Framing Systems segment designs, engineers, fabricates, and finishes the aluminum frames used in customized aluminum and glass window, curtainwall, storefront, and entrance systems comprising the outside skin and entrances of commercial, institutional, and multi-family residential buildings.

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