Apogee Enterprises designs and develops glass solutions for enclosing commercial buildings and framing art in the United States, Canada, and Brazil. It operates through four segments: Architectural Glass, Architectural Services, Architectural Framing Systems, and Large-Scale Optical Technologies (LSO). The company was founded in 1949 and is based in Minneapolis, Minnesota.
APOG Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Apogee Enterprises Inc. To summarize, we found that Apogee Enterprises Inc ranked in the 86th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Apogee Enterprises Inc ended up being:
Interest coverage, a measure of earnings relative to interest payments, is 8.96; that's higher than 77.19% of US stocks in the Basic Materials sector that have positive free cash flow.
The company's compound free cash flow growth rate over the past 5.75 years comes in at 0.46%; that's greater than 80.24% of US stocks we're applying DCF forecasting to.
Apogee Enterprises Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than just 11.18% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Basic Materials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as APOG, try BMCH, NX, BLDR, NEM, and SUM.
Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced that its Board of Directors has appointed Patti Wagner and Terry McCallister as new directors, effective July 1, 2020. With the addition of Ms. Wagner and Mr. McCallister, the Board will consist of ten members, of whom eight meet the Nasdaq guidelines as independent directors. The Board has not yet appointed Ms. Wagner or Mr. McCallister to any specific committees.
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