Why These 15 Construction Stocks Are Plunging in 2025

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5. Apogee Enterprises Inc (NASDAQ:APOG)

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.

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