Argan, Inc. (AGX)

NYSE: AGX · IEX Real-Time Price · USD
39.94
+0.19 (0.48%)
At close: Mar 29, 2023, 4:00 PM
41.49
+1.55 (3.88%)
After-hours: Mar 29, 2023, 7:04 PM EDT
0.48%
Market Cap 542.24M
Revenue (ttm) 461.83M
Net Income (ttm) 21.68M
Shares Out 13.58M
EPS (ttm) 1.51
PE Ratio 26.45
Forward PE n/a
Dividend $1.00 (2.50%)
Ex-Dividend Date Jan 19, 2023
Volume 28,669
Open 39.99
Previous Close 39.75
Day's Range 39.41 - 40.08
52-Week Range 31.26 - 43.50
Beta 0.58
Analysts Buy
Price Target 54.57 (+36.63%)
Earnings Date Apr 12, 2023

About AGX

Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, operations management, maintenance, project development, technical, and consulting services to the power generation and renewable energy markets. The company operates through Power Industry Services, Industrial Fabrication and Field Services, and Telecommunications Infrastructure Services segments. The Power Industry Services segment offers engineering, procurement, and construction contracting services to the owners of alternative energy faci... [Read more]

Sector Industrials
Founded 1961
Employees 1,358
Stock Exchange NYSE
Ticker Symbol AGX
Full Company Profile

Financial Performance

In 2022, Argan's revenue was $509.37 million, an increase of 29.87% compared to the previous year's $392.21 million. Earnings were $38.24 million, an increase of 60.35%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for AGX stock is "Buy." The 12-month stock price forecast is $54.57, which is an increase of 36.63% from the latest price.

Price Target
$54.57
(36.63% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Argan, Inc. Increases Share Repurchase Program to $125 Million, Declares Regularly Quarterly Cash Dividend of $0.25 Per Common Share

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that its Board of Directors (the “Board”) approved an increase to the Company's existing share rep...

3 months ago - Business Wire

Argan, Inc. Reports Third Quarter Results

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces financial results for its third quarter ended October 31, 2022. For additional information, please...

4 months ago - Business Wire

Argan, Inc. Reports Second Quarter Results

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces financial results for its second quarter ended July 31, 2022. The Company also announces that its Bo...

7 months ago - Business Wire

Argan, Inc. Announces Founder, Chairman and CEO Retirement and Succession

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) announces today that Rainer H. Bosselmann, Founder, Chairman and Chief Executive Officer retired effective August 16...

7 months ago - Business Wire

Argan, Inc. Declares Regular Quarterly Dividend of $0.25 Per Share

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) announces today that its Board of Directors declared a regular quarterly cash dividend in the amount of $0.25 per sh...

10 months ago - Business Wire

Argan, Inc. Reports First Quarter Results

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces financial results for its first quarter ended April 30, 2022. For additional information, please rea...

10 months ago - Business Wire

Argan, Inc.'s Wholly Owned Subsidiary Atlantic Projects Company Enters into Engineering and Construction Contracts for 195 MW Power Projects in Ireland.

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) announces that its wholly owned subsidiary, Atlantic Projects Company (“APC”), has entered into engineering and cons...

10 months ago - Business Wire

Argan, Inc. Reports Year-End and Fourth Quarter Results and Announces Increase to Share Repurchase Program

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces financial results for its fiscal year and fourth quarter ended January 31, 2022. For additional info...

1 year ago - Business Wire

Argan, Inc. Announces Increase to Share Repurchase Program

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that its Board of Directors approved an increase in the Company's existing share repurchase program,...

1 year ago - Business Wire

Argan, Inc.'s Wholly Owned Subsidiary Gemma Power Systems Names Charles Collins as Chief Executive Officer

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) announces the promotion of Charles Collins from his current position as Co-President to Chief Executive Officer (“CE...

1 year ago - Business Wire

Argan, Inc.'s Wholly Owned Subsidiary Atlantic Projects Company enters into an Engineering and Construction Contract for a 660 MW Power Project in Northern Ireland

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) announces that its wholly owned subsidiary, Atlantic Projects Company (“APC”), recently entered into an engineering ...

1 year ago - Business Wire

5 Stocks That Look Good Based on Cash Flow

If you were invisible, the perfect industrial spy, you could lurk in a company's headquarters and watch every dollar coming in and going out.

Other symbols: COFHZOSYFTMHC
1 year ago - GuruFocus

Argan: Q1 Earnings Insights

Shares of Argan (NYSE:AGX) rose in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 1440.00% year over year to $0.67, which beat the estimate ...

1 year ago - Benzinga

Argan, Inc.'s Wholly Owned Subsidiary Gemma Power Systems Enters into an EPC Contract and Receives Notice to Proceed for a 100-MW Solar Project in Pennsylvania

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) announced today that its wholly owned subsidiary, Gemma Power Systems (”Gemma”), recently entered into an engineerin...

2 years ago - Business Wire

Argan, Inc. Reports Year-End and Fourth Quarter Results

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE:AGX) (“Argan” or the “Company”) today announced financial results for its fiscal year and fourth quarter ended January 31, 2021. For additional infor...

2 years ago - Business Wire

Top Stocks To Buy Today As Markets Trade Mixed After Yesterday's Session

Markets sharply reversed during yesterday's trading session. However, the indices ended the day largely mixed.

Other symbols: GEFMMCPBHPFE
2 years ago - Forbes

Argan, Inc. Declares Special Cash Dividend of $1.00 Per Share and Regular Quarterly Dividend of $0.25 Per Share

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan”) announced that today its Board of Directors declared a special cash dividend of $1.00 per share of common stock in addition to the re...

2 years ago - Business Wire

Argan, Inc. Announces $25 Million Share Repurchase Program and Declares Special Cash Dividend of $1.00 Per Share

ROCKVILLE, Md.--(BUSINESS WIRE)--On June 23, 2020, the Board of Directors of Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) authorized the repurchase of up to $25.0 million of the Company’s issued...

3 years ago - Business Wire

Top Stocks To Buy As Markets Respond To Recent Coronavirus Spike

There's plenty for investors to be concerned about. There are new tariffs, the reality that the US has failed to fully address coronavirus and IMF's recent finding that our GDP is to shrink even more ...

Other symbols: AWRCACICTSHLZB
3 years ago - Forbes