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NYSE:AGX

Argan (AGX) Stock Price, News & Analysis

Argan logo
$177.64 +2.29 (+1.31%)
As of 01/17/2025 03:59 PM Eastern
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About Argan Stock (NYSE:AGX)

Key Stats

Today's Range
$176.01
$181.37
50-Day Range
$136.56
$177.64
52-Week Range
$43.44
$181.37
Volume
360,159 shs
Average Volume
227,323 shs
Market Capitalization
$2.41 billion
P/E Ratio
37.16
Dividend Yield
0.84%
Price Target
$150.00
Consensus Rating
Hold

Company Overview

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 solar fields; and design, construction, project management, start-up, and operation services for projects with approximately 18 gigawatts of power-generating capacity. This segment serves independent power project owners, public utilities, power plant equipment suppliers, and other commercial firms. The Industrial Services segment provides industrial construction and field services and vessel fabrication services for fertilizer, engineering and construction, forest products, and various other industrial companies in southeast region of the United States. The Telecom Services segment offers trenchless directional boring and excavation for underground communication and power networks, as well as aerial cabling services; and installs buried cable, high and low voltage electric lines, and private area outdoor lighting systems. It also provides structured cabling, terminations, and connectivity that offers the physical transport for high-speed data, voice, video, and security networks. This segment serves electricity cooperative, state and local government agencies, counties and municipalities, and technology-oriented government contracting firms, as well as federal government facilities in the mid-Atlantic region of the United States. Argan, Inc. was incorporated in 1961 and is headquartered in Rockville, Maryland.

Argan Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
28th Percentile Overall Score

AGX MarketRank™: 

Argan scored higher than 28% of companies evaluated by MarketBeat, and ranked 89th out of 103 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Argan has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Argan has only been the subject of 2 research reports in the past 90 days.

  • Read more about Argan's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Argan is 37.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.80.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Argan is 37.16, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 27.47.

  • Price to Book Value per Share Ratio

    Argan has a P/B Ratio of 8.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Argan's valuation and earnings.
  • Percentage of Shares Shorted

    4.65% of the float of Argan has been sold short.
  • Short Interest Ratio / Days to Cover

    Argan has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Argan has recently increased by 5.11%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Argan has a dividend yield of 0.86%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Argan does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Argan is 31.38%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Argan's dividend.
  • Percentage of Shares Shorted

    4.65% of the float of Argan has been sold short.
  • Short Interest Ratio / Days to Cover

    Argan has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Argan has recently increased by 5.11%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Argan has a news sentiment score of 0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Construction companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for Argan this week, compared to 5 articles on an average week.
  • Search Interest

    Only 24 people have searched for AGX on MarketBeat in the last 30 days. This is a decrease of -4% compared to the previous 30 days.
  • MarketBeat Follows

    19 people have added Argan to their MarketBeat watchlist in the last 30 days. This is an increase of 73% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Argan insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,420,019.00 in company stock.

  • Percentage Held by Insiders

    11.85% of the stock of Argan is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    79.43% of the stock of Argan is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Argan's insider trading history.
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AGX Stock News Headlines

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AGX Stock Analysis - Frequently Asked Questions

Argan's stock was trading at $137.04 at the beginning of the year. Since then, AGX shares have increased by 29.6% and is now trading at $177.6430.
View the best growth stocks for 2025 here
.

Argan, Inc. (NYSE:AGX) posted its quarterly earnings results on Thursday, December, 5th. The construction company reported $2.00 EPS for the quarter, topping the consensus estimate of $1.26 by $0.74. The business's quarterly revenue was up 56.9% on a year-over-year basis.

Top institutional investors of Argan include CWA Asset Management Group LLC (0.12%), Wesbanco Bank Inc. (0.12%), Ellsworth Advisors LLC (0.07%) and Inspire Investing LLC (0.02%). Insiders that own company stock include Rainer H Bosselmann, William F Griffin Jr, James W Quinn, David Hibbert Watson, William F Leimkuhler, Cynthia Flanders, Peter W Getsinger, Richard H Deily, John Ronald Jr Jeffrey, Mano S Koilpillai and W G Champion Mitchell.
View institutional ownership trends
.

Shares of AGX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Argan investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Adobe (ADBE), Arista Networks (ANET), Advanced Micro Devices (AMD) and ServiceNow (NOW).

Company Calendar

Ex-Dividend for 10/31 Dividend
10/23/2024
Dividend Payable
10/31/2024
Last Earnings
12/05/2024
Today
1/20/2025
Ex-Dividend for 1/31 Dividend
1/23/2025
Dividend Payable
1/31/2025
Fiscal Year End
1/31/2025
Next Earnings (Estimated)
4/09/2025

Industry, Sector and Symbol

Industry
Construction - special trade contractors
Sub-Industry
Construction & Engineering
CUSIP
04010E10
Employees
1,214
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$150.00
High Stock Price Target
$150.00
Low Stock Price Target
$150.00
Potential Upside/Downside
-15.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$32.36 million
Pretax Margin
11.11%

Debt

Sales & Book Value

Annual Sales
$806.26 million
Cash Flow
$2.91 per share
Book Value
$21.83 per share

Miscellaneous

Free Float
11,966,000
Market Cap
$2.41 billion
Optionable
Optionable
Beta
0.56

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This page (NYSE:AGX) was last updated on 1/20/2025 by MarketBeat.com Staff
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