Argan, Inc. (AGX)
NYSE: AGX · IEX Real-Time Price · USD
75.53
-0.73 (-0.96%)
At close: Jul 19, 2024, 4:00 PM
75.59
+0.06 (0.08%)
After-hours: Jul 20, 2024, 12:57 PM EDT
Argan Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Argan stock have an average target of 77.5, with a low estimate of 70 and a high estimate of 85. The average target predicts an increase of 2.61% from the current stock price of 75.53.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jun 7, 2024.
Analyst Ratings
The average analyst rating for Argan stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Lake Street | Lake Street | Strong Buy Maintains $70 → $85 | Strong Buy | Maintains | $70 → $85 | +12.54% | Jun 7, 2024 |
| Lake Street | Lake Street | Strong Buy Maintains $61 → $70 | Strong Buy | Maintains | $61 → $70 | -7.32% | Apr 12, 2024 |
| Lake Street | Lake Street | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Mar 28, 2018 |
Financial Forecast
Revenue This Year
761.84M
from 573.33M
Increased by 32.88%
Revenue Next Year
862.44M
from 761.84M
Increased by 13.20%
EPS This Year
3.96
from 2.39
Increased by 65.66%
EPS Next Year
4.99
from 3.96
Increased by 26.02%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 837.5M | 946.9M | 1.0B |
| Avg | 761.8M | 862.4M | 975.8M |
| Low | 696.8M | 789.9M | 946.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 46.1% | 24.3% | 17.6% |
| Avg | 32.9% | 13.2% | 13.1% |
| Low | 21.5% | 3.7% | 9.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.20 | 5.54 | 6.04 |
| Avg | 3.96 | 4.99 | 5.81 |
| Low | 3.76 | 4.51 | 5.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 75.7% | 40.0% | 21.0% |
| Avg | 65.7% | 26.0% | 16.4% |
| Low | 57.5% | 13.9% | 12.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.