Argan, Inc. (AGX)
| Market Cap | 1.98B |
| Revenue (ttm) | 713.01M |
| Net Income (ttm) | 43.56M |
| Shares Out | 13.50M |
| EPS (ttm) | 3.19 |
| PE Ratio | 45.99 |
| Forward PE | 30.28 |
| Dividend | $1.50 (1.02%) |
| Ex-Dividend Date | Oct 23, 2024 |
| Volume | 192,044 |
| Open | 150.54 |
| Previous Close | 148.84 |
| Day's Range | 142.75 - 151.50 |
| 52-Week Range | 39.74 - 162.78 |
| Beta | 0.47 |
| Analysts | Strong Buy |
| Price Target | 77.50 (-47.23%) |
| Earnings Date | Dec 4, 2024 |
About AGX
Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, maintenance, project development, and technical consulting services to the power generation market. The company operates through Power Services, Industrial Services, and Telecom Services segments. The Power Services segment offers engineering, procurement, and construction, as well as designing, building, and commissioning of large-scale energy projects to the owners of alternative energy facilities, such as biomass plants, wind farms, and sol... [Read more]
Financial Performance
In 2023, Argan's revenue was $573.33 million, an increase of 26.00% compared to the previous year's $455.04 million. Earnings were $32.36 million, a decrease of -2.24%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for AGX stock is "Strong Buy." The 12-month stock price forecast is $77.5, which is a decrease of -47.23% from the latest price.
News
Argan: Favorable Long Term Due To Robust Project Pipeline
Argan's topline grew over 50% in H1 FY25, driven by strong demand and construction activity, particularly in the Power Services segment. The company's backlog exceeded $1 billion, supporting continued...
Argan, Inc. Announces the Passing of Board Member W.G. Champion Mitchell
ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) is saddened to announce that board member W.G. Champion Mitchell passed away on October 8, 2024. Mr. Mitchell joined...
Rate Cut Winners: Top 5 Small-Caps Ready For A Rally
Small-cap stocks tend to benefit in a declining rate environment due to cheaper borrowing costs, increased investor risk appetite, and enhanced growth potential. While small-cap stocks can offer more ...
Argan, Inc. Increases Quarterly Dividend by 25% to $0.375 Per Common Share
ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that on September 17, 2024, its Board of Directors declared a 25% increase in the quarterly cash div...
Argan Stock: Reiterating Strong Buy Post Q2 2025 Earnings
Argan has returned 77% since my first coverage 6 months ago propelled by strong earnings reports. AGX's earnings show that the company continues to execute well and has margins under control in an ind...
The Market Thinks Argan, Inc. Earnings Were Incredible, I Agree
Argan, Inc. operates an engineering and construction conglomerate providing services primarily in the energy sector. Its last earnings report caused it to soar 25%+. This article looks at what in the ...
Argan, Inc. (AGX) Q2 2025 Earnings Call Transcript
Argan, Inc. (NYSE:AGX) Q2 2025 Earnings Conference Call September 5, 2024 5:00 PM ET Company Participants Jennifer Belodeau - IMS Investor Relations David Watson - President and Chief Executive Offic...
Argan, Inc. Reports Second Quarter Fiscal 2025 Results
ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces financial results for its second quarter of fiscal year 2025 ended July 31, 2024. The Company will h...
Argan, Inc. to Attend the Lake Street Capital Markets 8th Annual Best Ideas Growth Conference
ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced that David Watson, Chief Executive Officer, will participate at the Lake Street Capital Markets 8th ...
Argan, Inc. to Announce Second Quarter Fiscal 2025 Results and Host Conference Call on Thursday, September 5, 2024
ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced that the Company will release its second quarter fiscal 2025 financial results after the market clos...
Argan, Inc. Announces Chief Financial Officer Retirement and Succession
ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that Chief Financial Officer, Richard H. Deily, 71, will retire effective September 15, 2024, after ...
Argan: Positioned To Capitalize On Rising Energy Demand And Energy Transition Trends
Argan, Inc. primarily focuses on power industry services, including engineering, construction, and technical consulting. The company saw strong revenue growth in the last quarter, with significant inc...
Trump Trade: Top 5 Stocks If Trump Wins The Election (SA Quant)
Donald Trump is safe following a rally shooting, but elections and major political events can cause stock markets to react. As the U.S. presidential election draws near, Wall Street has speculated how...
Argan, Inc. Declares Regular Quarterly Cash Dividend of $0.30 Per Common Share
ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that its Board of Directors (the “Board”) declared a regular quarterly cash dividend in the amount o...
Argan, Inc.: Generative AI, EV Adoption, And Healthy Project Backlog Compositions
Argan operates through a few subsidiaries and offers its services to the power generation, industrial, and telecommunications markets. Demand for electricity is increasing due to generative AI, drivin...
Argan, Inc. (AGX) Q1 2025 Earnings Call Transcript
Argan, Inc. (NYSE:AGX) Q1 2025 Earnings Conference Call June 6, 2024 5:00 PM ET Company Participants Jennifer Belodeau - IMS Investor Relations David Watson - President and Chief Executive Officer Ha...
Argan, Inc. Reports First Quarter Fiscal 2025 Results
ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces financial results for its first quarter of fiscal year 2025 ended April 30, 2024. The Company will h...
Argan, Inc. to Announce First Quarter Fiscal 2025 Results and Host Conference Call on Thursday, June 6, 2024
ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced that the Company will release its first quarter fiscal 2025 financial results after the market close...
Argan, Inc. (AGX) Q4 2024 Earnings Call Transcript
Argan, Inc. (NYSE:AGX) Q4 2024 Earnings Conference Call April 11, 2024 5:00 PM ET Company Participants Jennifer Belodeau - IMS Investor Relations David Watson - President & Chief Executive Officer Ha...
Argan, Inc. Reports Fourth Quarter and Fiscal Year 2024 Results
ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces financial results for its fourth quarter and fiscal year ended January 31, 2024. The Company will ho...
Argan: Quality Business, Uncorrelated Returns, And Belongs In An All-Weather Portfolio
Argan operates as an EPC in the power generation sector, specializing in the design, construction, and commissioning of power facilities. AGX stock has low beta and low correlation to the market, maki...
Argan, Inc. to Announce Fourth Quarter and Fiscal Year-End 2024 Results and Host Conference Call on Thursday, April 11, 2024
ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced that the Company will release its fourth quarter and fiscal year-end 2024 financial results after th...
Argan: 4 Reasons Why This Stock Is A Buy For Long-Term Dividend Investors
Argan, Inc. is a construction firm that offers power generation, industrial, and telecommunications infrastructure services. The company has shown strong dividend growth, raising it by 20% in Septembe...
Argan: Favorable Supply/Demand Environment And Improved Capital Allocation
After a decade of underperformance, I think Argan's stock could be at an inflection point as it is set to benefit from a favorable supply/demand environment and better capital allocation. High margin ...
Argan Faces Headwinds In 2024 But Will Likely Prosper In The Long Run
Argan's subsidiary APC faced challenges in the construction of the Kilroot project, resulting in a significant hit on gross margins. Argan reported mixed Q3'24 operating results with declining margins...