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Argan, Inc. (AGX)
NYSE: AGX · IEX Real-Time Price · USD
61.92
+1.23 (2.03%)
At close: Apr 19, 2024, 4:00 PM
62.19
+0.27 (0.44%)
After-hours: Apr 19, 2024, 7:59 PM EDT

Argan Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Argan stock has a target of 70, which predicts an increase of 13.05% from the current stock price of 61.92.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $70 $70 $70 $70
Change +13.05% +13.05% +13.05% +13.05%

Analyst Ratings

According to 1 stock analyst, the rating for Argan is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Feb '24Mar '24Apr '24
Strong Buy 111
Buy 000
Hold 000
Sell 000
Strong Sell 000
Total 111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Rob Brown
Lake Street
 Lake Street
Strong Buy
Maintains
$61 → $70
 Strong Buy Maintains $61 → $70 +13.05% Apr 12, 2024
Robert Brown
Lake Street
 Lake Street
Strong Buy
Upgrades
n/a
 Strong Buy Upgrades n/a n/a Mar 28, 2018
More Analyst Ratings

Financial Forecast

Revenue This Year
656.20M
from 573.33M
Increased by 14.45%
Revenue Next Year
712.76M
from 656.20M
Increased by 8.62%
EPS This Year
3.35
from 2.39
Increased by 40.30%
EPS Next Year
3.96
from 3.35
Increased by 18.22%
Year 2019202020212022202320242025
Revenue
239.00M392.21M509.37M455.04M573.33M656.20M712.76M
Revenue Growth
-50.43%64.10%29.87%-10.67%26.00%14.45%8.62%
EPS
-2.731.512.402.332.393.353.96
EPS Growth
--58.94%-2.92%2.58%40.30%18.22%
No. Analysts -----33
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 682.2M 741.0M
Avg 656.2M 712.8M
Low 636.7M 691.6M

Revenue Growth

Revenue Growth 20242025
High
19.0%
12.9%
Avg
14.5%
8.6%
Low
11.1%
5.4%

EPS Forecast

EPS 20242025
High 3.72 4.57
Avg 3.35 3.96
Low 3.04 3.43

EPS Growth

EPS Growth 20242025
High
55.5%
36.2%
Avg
40.3%
18.2%
Low
27.1%
2.3%
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.