Argan (AGX) Expected to Announce Quarterly Earnings on Thursday

Key Points

• Argan (AGX) is set to announce its Q2 2026 earnings on September 4th, with analysts predicting earnings of $1.99 per share and revenue of approximately $243.97 million.
• In its last quarterly earnings report, Argan exceeded analysts' expectations by reporting earnings of $1.60 per share, significantly higher than the forecasted $1.09.
• Recent insider movements include Director Rainer H. Bosselmann selling 13,728 shares, indicating a 6.52% decrease in his position, as insiders have sold a total of $21.05 million in stock over the past 90 days.

Argan (NYSE:AGX - Get Free Report) is projected to announce its Q2 2026 results after the market closes on Thursday, September 4th. Analysts expect the company to announce earnings of $1.99 per share and revenue of $243.9670 million for the quarter. Investors can check the company's upcoming Q2 2026 earningsummary page for the latest details on the call scheduled for Thursday, September 4, 2025 at 5:00 PM ET.

Argan (NYSE:AGX - Get Free Report) last announced its quarterly earnings results on Wednesday, June 4th. The construction company reported $1.60 earnings per share for the quarter, beating analysts' consensus estimates of $1.09 by $0.51. Argan had a net margin of 11.00% and a return on equity of 29.61%. The business had revenue of $193.66 million during the quarter, compared to analysts' expectations of $193.75 million. During the same period last year, the business earned $0.58 earnings per share. The business's revenue for the quarter was up 22.8% on a year-over-year basis.

Argan Price Performance

Shares of AGX opened at $226.49 on Thursday. Argan has a 1-year low of $69.81 and a 1-year high of $253.79. The stock has a market cap of $3.09 billion, a PE ratio of 31.77 and a beta of 0.59. The firm has a 50-day simple moving average of $219.82 and a two-hundred day simple moving average of $178.78.

Argan Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Wednesday, July 23rd were given a dividend of $0.375 per share. The ex-dividend date was Wednesday, July 23rd. This represents a $1.50 dividend on an annualized basis and a dividend yield of 0.7%. Argan's dividend payout ratio (DPR) is currently 21.04%.

Insider Buying and Selling

In other news, Director Rainer H. Bosselmann sold 13,728 shares of the firm's stock in a transaction on Wednesday, June 11th. The shares were sold at an average price of $221.58, for a total value of $3,041,850.24. Following the sale, the director directly owned 196,723 shares in the company, valued at approximately $43,589,882.34. This trade represents a 6.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director James W. Quinn sold 40,000 shares of the firm's stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $207.92, for a total transaction of $8,316,800.00. Following the completion of the sale, the director owned 16,557 shares in the company, valued at $3,442,531.44. The trade was a 70.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 96,564 shares of company stock valued at $21,046,366 over the last ninety days. 6.69% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Argan

A number of hedge funds and other institutional investors have recently modified their holdings of AGX. Millennium Management LLC raised its holdings in shares of Argan by 12.2% in the 1st quarter. Millennium Management LLC now owns 117,805 shares of the construction company's stock valued at $15,452,000 after purchasing an additional 12,854 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of Argan by 118.3% in the 1st quarter. NewEdge Advisors LLC now owns 5,316 shares of the construction company's stock valued at $697,000 after purchasing an additional 2,881 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Argan by 13.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 35,567 shares of the construction company's stock valued at $4,665,000 after purchasing an additional 4,196 shares in the last quarter. Intech Investment Management LLC raised its holdings in shares of Argan by 37.3% in the 1st quarter. Intech Investment Management LLC now owns 8,985 shares of the construction company's stock valued at $1,179,000 after purchasing an additional 2,442 shares in the last quarter. Finally, Hsbc Holdings PLC acquired a new stake in shares of Argan in the 2nd quarter valued at $286,000. 79.43% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AGX has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. initiated coverage on shares of Argan in a research report on Monday, July 21st. They set a "neutral" rating and a $220.00 price target for the company. Wall Street Zen cut shares of Argan from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Kepler Capital Markets cut shares of Argan from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 28th. Finally, Lake Street Capital lifted their price target on shares of Argan from $150.00 to $236.00 and gave the company a "buy" rating in a research report on Thursday, June 5th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $202.00.

Argan Company Profile

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.

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