Argan, Inc. (AGX)
| Market Cap | 1.81B |
| Revenue (ttm) | 806.26M |
| Net Income (ttm) | 66.11M |
| Shares Out | 13.58M |
| EPS (ttm) | 4.81 |
| PE Ratio | 27.80 |
| Forward PE | 27.70 |
| Dividend | $1.50 (1.12%) |
| Ex-Dividend Date | Jan 23, 2025 |
| Volume | 342,076 |
| Open | 144.85 |
| Previous Close | 142.54 |
| Day's Range | 132.11 - 144.85 |
| 52-Week Range | 46.15 - 191.46 |
| Beta | 0.54 |
| Analysts | Buy |
| Price Target | 123.33 (-7.71%) |
| Earnings Date | Apr 10, 2025 |
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 3 analysts, the average rating for AGX stock is "Buy." The 12-month stock price forecast is $123.33, which is a decrease of -7.71% from the latest price.
News
Argan, Inc. Appoints Brian Orlandi as CEO of SMC Infrastructure Solutions
ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) is pleased to announce the appointment of Brian Orlandi as the Chief Executive Officer of its subsidiary, SMC Infras...
Argan: Promising Long-Term Prospects, Maintain Buy
Argan, Inc. is a buy due to its energy-agnostic business model, robust growth, and strong balance sheet, despite high valuation risks. AGX has seen over 300% revenue growth in five years, with signifi...
Argan, Inc.'s Gemma Power Systems Executes EPC Contract for a 1.2 GW Power Project in Texas
ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that its wholly owned subsidiary, Gemma Power Systems (“Gemma”), entered into an engineering, procur...
Top 10 Small-Cap Stocks Amid Market Turbulence
Small-cap stocks are trading at historically low valuations, with the S&P 600 index TTM at a 15.33 discount compared to the 30.16 for large-cap S&P 500. While large-cap stocks outperformed small-caps ...
Argan, Inc. Declares Regular Quarterly Cash Dividend of $0.375 Per Common Share
ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that its Board of Directors declared a regular quarterly cash dividend in the amount of $0.375 per c...
Argan Is Still A Decent Buy After Q3 FY25 Earnings
Argan Inc. continues to show strong double-digit topline growth, driven by healthy demand and backlog conversion, positioning it for a robust FY25 finish. Margins are improving, benefiting from revenu...
Argan Is A Bargain; Worrying About Backlog Is Missing The Bigger Picture
Argan is growing revenues by 50-60% year-over-year and is starting to exhibit operating leverage through margin expansion. Concerns about the company's quarter to quarter backlog movements misses the ...
Argan, Inc. (AGX) Q3 2024 Earnings Call Transcript
Argan, Inc. (NYSE:AGX) Q3 2024 Earnings Conference Call December 5, 2024 5:00 PM ET Company Participants Jennifer Belodeau - IMS Investor Relations David Watson - Chief Executive Officer Joshua Baugh...
Argan, Inc. Reports Third Quarter Fiscal 2025 Results
ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces financial results for its third quarter of fiscal year 2025 ended October 31, 2024. The Company will...
Argan: After Powering Higher, Shares Deserve A Downgrade
Argan, Inc.'s stock surged 289.3% since my August 2023 “buy” rating, outperforming the S&P 500's 35.2% increase, but now appears fully valued. Impressive revenue growth in 2024, driven by Industrial C...
Four Growth Stocks For The Fourth Industrial Revolution
Industry 4.0 technologies are driving growth for Argan, Inc., Powell Industries, Limbach Holdings, and Sterling Infrastructure, with AGX potentially leading for 2025. Despite high valuations, AGX's st...
Undercovered Dozen: Arqit Quantum, CleanSpark, Sezzle, STAG Industrial +
The 'Undercovered' Dozen highlights 12 lesser-covered stocks, showcasing diverse investment opportunities and sparking community discussion on their potential. Xinyu Ru sees Argan, Inc. as undervalued...
Argan: AI Beneficiary Not Yet Fully Discovered
Argan's earnings power is set to grow at a rapid pace as a result of AI data centers driving increased demand for power. The current stock price does not price in increases in earnings of more than 50...
Argan, Inc. to Announce Third Quarter Fiscal 2025 Results and Host Conference Call on Thursday, December 5, 2024
ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced that the Company will release its third quarter fiscal 2025 financial results after the market close...
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...