Argan, Inc. (AGX)

NYSE: AGX · IEX Real-Time Price · USD
37.49
-0.41 (-1.08%)
Jun 29, 2022 4:00 PM EDT - Market closed
-1.08%
Market Cap 532.46M
Revenue (ttm) 483.31M
Net Income (ttm) 34.96M
Shares Out 14.20M
EPS (ttm) 2.23
PE Ratio 16.79
Forward PE n/a
Dividend $1.00 (2.67%)
Ex-Dividend Date Jul 20, 2022
Volume 66,047
Open 37.76
Previous Close 37.90
Day's Range 36.98 - 38.06
52-Week Range 35.42 - 49.60
Beta 0.52
Analysts Buy
Price Target 56.61 (+51.0%)
Earnings Date Jun 14, 2022

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...]

Industry Construction & Engineering
Founded 1961
CEO Rainer Bosselmann
Employees 1,358
Stock Exchange NYSE
Ticker Symbol AGX
Full Company Profile

Financial Performance

In 2021, 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 56.61, which is an increase of 51.00% from the latest price.

Price Target
$56.61
(51.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 shar...

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 read ...

Argan, Inc.'s Wholly Owned Subsidiary Atlantic Projects Company Enters into Engineering and Construction Contracts fo...

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 constr...

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 inform...

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, f...

Argan, Inc. Reports Third Quarter Results

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced financial results for its third quarter ended October 31, 2021. For additional information, please rea...

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 (“CEO”...

Argan, Inc.'s Wholly Owned Subsidiary Atlantic Projects Company enters into an Engineering and Construction Contract ...

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 an...

Argan, Inc. Reports Second Quarter Results

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced financial results for its second quarter ended July 31, 2021. For additional information, please read ...

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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 of...

Argan, Inc.'s Wholly Owned Subsidiary Gemma Power Systems Enters into an EPC Contract and Receives Notice to Proceed ...

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 engineering,...

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 informa...

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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 regu...

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 a...

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