Apogee Enterprises, Inc. (APOG) Forms $43.03 Double Bottom; Qumu (QUMU) Sentiment Is 0.89

Qumu Corporation engages in enterprise video content management software business. The company has market cap of $17.47 million. The companyÂ’s software applications enable businesses to create, manage, secure, deliver, and measure the success of their videos. It currently has negative earnings. It offers enterprise video content management software products through the sale of software licenses and hardware, software on server appliance, software-enabled devices, and a cloud-hosted software-as-a-service platform.

Apogee Enterprises, Inc. (APOG) formed double bottom with $41.31 target or 4.00% below today’s $43.03 share price. Apogee Enterprises, Inc. (APOG) has $1.22 billion valuation. The stock decreased 0.25% or $0.11 during the last trading session, reaching $43.03. About 230,891 shares traded. Apogee Enterprises, Inc. (NASDAQ:APOG) has risen 21.13% since March 2, 2017 and is uptrending. It has outperformed by 4.43% the S&P500.

Perkins Capital Management Inc holds 0.74% of its portfolio in Qumu Corporation for 235,800 shares. Teton Advisors Inc. owns 190,389 shares or 0.05% of their US portfolio. Moreover, Buckingham Asset Management Llc has 0.02% invested in the company for 32,085 shares. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. Bank Of New York Mellon Corp, a New York-based fund reported 49,736 shares.

The stock decreased 2.62% or $0.05 during the last trading session, reaching $1.86. About 15,850 shares traded. Qumu Corporation (QUMU) has declined 23.14% since March 2, 2017 and is downtrending. It has underperformed by 39.84% the S&P500.

Investors sentiment increased to 1.55 in Q3 2017. Its up 0.25, from 1.3 in 2017Q2. It improved, as 22 investors sold Apogee Enterprises, Inc. shares while 49 reduced holdings. 33 funds opened positions while 77 raised stakes. 27.09 million shares or 5.58% less from 28.69 million shares in 2017Q2 were reported. The Ohio-based Fifth Third Natl Bank has invested 0% in Apogee Enterprises, Inc. (NASDAQ:APOG). Advisory Svcs Net Limited Liability Corp stated it has 0.01% in Apogee Enterprises, Inc. (NASDAQ:APOG). Dupont Corporation accumulated 42,409 shares. Tradewinds holds 0% of its portfolio in Apogee Enterprises, Inc. (NASDAQ:APOG) for 71 shares. Envestnet Asset Mngmt stated it has 0% in Apogee Enterprises, Inc. (NASDAQ:APOG). Qs Invsts Ltd Liability Company owns 0% invested in Apogee Enterprises, Inc. (NASDAQ:APOG) for 17 shares. Swiss Retail Bank reported 47,600 shares. Credit Suisse Ag invested in 0% or 36,978 shares. Piedmont Advisors Lc invested in 6,284 shares. Pinnacle Assocs Limited invested in 10,500 shares. Kornitzer Capital Management Inc Ks accumulated 45,500 shares. Millennium Limited Liability Company holds 0% of its portfolio in Apogee Enterprises, Inc. (NASDAQ:APOG) for 29,439 shares. 16,500 are owned by Croft. Hanson Mcclain invested in 50 shares or 0% of the stock. Nwq Inv Ltd stated it has 513,872 shares.

Analysts await Apogee Enterprises, Inc. (NASDAQ:APOG) to report earnings on April, 12. They expect $0.77 earnings per share, down 3.75% or $0.03 from last year’s $0.8 per share. APOG’s profit will be $21.88M for 13.97 P/E if the $0.77 EPS becomes a reality. After $0.90 actual earnings per share reported by Apogee Enterprises, Inc. for the previous quarter, Wall Street now forecasts -14.44% negative EPS growth.

Among 2 analysts covering Apogee Enterprises (NASDAQ:APOG), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Apogee Enterprises has $68 highest and $52.0 lowest target. $60’s average target is 39.44% above currents $43.03 stock price. Apogee Enterprises had 4 analyst reports since August 26, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, August 26 by Zacks.