Argan, Inc. (AGX)

NYSE: AGX · IEX Real-Time Price · USD
61.92
+1.23 (2.03%)
Apr 19, 2024, 4:00 PM EDT - Market closed
2.03%
Market Cap 819.83M
Revenue (ttm) 573.33M
Net Income (ttm) 32.36M
Shares Out 13.24M
EPS (ttm) 2.39
PE Ratio 25.76
Forward PE 18.87
Dividend $1.20 (1.94%)
Ex-Dividend Date Apr 19, 2024
Volume 116,885
Open 60.99
Previous Close 60.69
Day's Range 60.94 - 62.19
52-Week Range 37.37 - 62.19
Beta 0.48
Analysts Strong Buy
Price Target 70.00 (+13.05%)
Earnings Date Apr 11, 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]

Sector Industrials
Founded 1961
Employees 1,214
Stock Exchange NYSE
Ticker Symbol AGX
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for AGX stock is "Strong Buy" and the 12-month stock price forecast is $70.0.

Price Target
$70.0
(13.05% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

8 days ago - Business Wire

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...

14 days ago - Business Wire

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 declared a regular quarterly cash dividend in the amount of $0.30 per co...

4 months ago - Business Wire

Argan, Inc. Reports Third Quarter Fiscal 2024 Results

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces financial results for its third quarter of fiscal year 2024, ended October 31, 2023. The Company wil...

4 months ago - Business Wire

Argan, Inc. to Announce Third Quarter Fiscal Year 2024 Results and Host Conference Call on Wednesday, December 6, 2023

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced that the Company will release its third quarter fiscal year 2024 financial results after the market ...

5 months ago - Business Wire

Argan, Inc. Increases Quarterly Dividend by 20% to $0.30 Per Common Share

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) announces today that its Board of Directors increased the Company's quarterly cash dividend by 20% from $0.25 to $0....

7 months ago - Business Wire

Argan, Inc. Reports Second Quarter Fiscal 2024 Results

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces financial results for its second quarter of fiscal year 2024, ended July 31, 2023. The Company will ...

8 months ago - Business Wire

Argan, Inc. to Announce Second Quarter Fiscal Year 2024 Results and Host Conference Call on Wednesday, September 6, 2023

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced that the Company will release its second quarter fiscal year 2024 financial results after the market...

8 months ago - Business Wire

Argan, Inc.'s Atlantic Projects Company Receives Full Notice to Proceed for a 264-MW Power Project in Ireland

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) announces today that its subsidiary, Atlantic Projects Company (“APC”), received full notice to proceed on an engine...

8 months ago - Business Wire

Argan, Inc. Declares Regular Quarterly Cash Dividend of $0.25 Per Common 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 Fiscal 2024 Results

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces financial results for its first quarter of fiscal year 2024, ended April 30, 2023. The Company will ...

11 months ago - Business Wire

Argan, Inc. to Announce First Quarter Fiscal Year 2024 Results and Host Conference Call on Thursday, June 8, 2023

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced that the Company will release its first quarter fiscal year 2024 financial results after the market ...

11 months ago - Business Wire

Argan, Inc. Reports Fourth Quarter and Fiscal 2023 Year-End 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, 2023. The Company will ho...

1 year ago - Business Wire

Argan, Inc. to Announce Fourth Quarter and Fiscal Year-End 2023 Results and Host Conference Call on Wednesday, April 12, 2023

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 2023 financial results after th...

1 year ago - Business Wire

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...

1 year 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...

1 year 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...

1 year 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...

1 year 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...

1 year 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...

2 years 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...

2 years 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...

2 years 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,...

2 years 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...

2 years ago - Business Wire