Argan (AGX) to Release Earnings on Thursday

Key Points

• Argan is set to report Q1 2027 earnings after the market closes on Thursday, June 4, with analysts expecting EPS of $2.27 and revenue of $256.0 million.
• The company’s most recent quarter was strong, with EPS of $3.47 beating estimates by $1.48 and revenue of $262.05 million topping forecasts, while revenue rose 12.7% year over year.
• Argan has also been active on capital returns and governance, recently paying a $0.50 quarterly dividend and authorizing a $200 million share buyback, even as several insiders sold shares and analysts maintain a Moderate Buy consensus.

Argan (NYSE:AGX - Get Free Report) is expected to be releasing its Q1 2027 results after the market closes on Thursday, June 4th. Analysts expect Argan to post earnings of $2.27 per share and revenue of $256.0270 million for the quarter. Interested persons are encouraged to explore the company's upcoming Q1 2027 earning overview page for the latest details on the call scheduled for Thursday, June 4, 2026 at 5:00 PM ET.

Argan (NYSE:AGX - Get Free Report) last issued its quarterly earnings results on Thursday, March 26th. The construction company reported $3.47 EPS for the quarter, beating analysts' consensus estimates of $1.99 by $1.48. The company had revenue of $262.05 million for the quarter, compared to analyst estimates of $255.32 million. Argan had a return on equity of 33.62% and a net margin of 14.59%.The company's quarterly revenue was up 12.7% compared to the same quarter last year. During the same period last year, the company earned $2.22 earnings per share. On average, analysts expect Argan to post $11 EPS for the current fiscal year and $16 EPS for the next fiscal year.

Argan Stock Up 0.6%

NYSE:AGX opened at $674.41 on Thursday. The business's 50-day moving average price is $606.68 and its 200 day moving average price is $452.72. The firm has a market cap of $9.41 billion, a P/E ratio of 69.24 and a beta of 0.61. Argan has a 52-week low of $193.82 and a 52-week high of $748.50.

Argan Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Wednesday, April 22nd were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Wednesday, April 22nd. Argan's payout ratio is presently 20.53%.

Argan declared that its board has initiated a share repurchase program on Wednesday, April 8th that permits the company to buyback $200.00 million in outstanding shares. This buyback authorization permits the construction company to repurchase up to 2.5% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

Insider Activity

In other Argan news, CEO Charles Edwin Iv Collins sold 11,068 shares of the firm's stock in a transaction dated Tuesday, April 21st. The stock was sold at an average price of $621.61, for a total transaction of $6,879,979.48. Following the completion of the sale, the chief executive officer directly owned 30,320 shares in the company, valued at approximately $18,847,215.20. This trade represents a 26.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Peter W. Getsinger sold 3,000 shares of the firm's stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $628.36, for a total value of $1,885,080.00. Following the sale, the director owned 6,847 shares of the company's stock, valued at $4,302,380.92. The trade was a 30.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 64,543 shares of company stock worth $39,054,956. Corporate insiders own 6.69% of the company's stock.

Institutional Investors Weigh In On Argan

A number of institutional investors have recently bought and sold shares of the business. Hsbc Holdings PLC acquired a new stake in Argan during the 4th quarter worth about $203,000. Mercer Global Advisors Inc. ADV boosted its position in Argan by 1,116.4% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 18,587 shares of the construction company's stock worth $5,824,000 after acquiring an additional 17,059 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of Argan by 25.1% during the 4th quarter. NewEdge Advisors LLC now owns 6,677 shares of the construction company's stock valued at $2,092,000 after buying an additional 1,338 shares during the last quarter. Crusonia Wealth Advisors LLC acquired a new stake in shares of Argan during the 4th quarter valued at about $316,000. Finally, XTX Topco Ltd lifted its holdings in shares of Argan by 90.0% during the 4th quarter. XTX Topco Ltd now owns 2,696 shares of the construction company's stock valued at $845,000 after buying an additional 1,277 shares during the last quarter. 79.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Freedom Capital raised Argan to a "hold" rating in a report on Tuesday, March 10th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Argan in a report on Monday, April 6th. The Goldman Sachs Group lifted their target price on Argan from $399.00 to $518.00 and gave the stock a "buy" rating in a report on Friday, March 27th. Wall Street Zen raised Argan from a "hold" rating to a "buy" rating in a report on Saturday, March 28th. Finally, Lake Street Capital lifted their target price on Argan from $325.00 to $375.00 and gave the stock a "hold" rating in a report on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $425.40.

Argan Company Profile

Argan, Inc NYSE: AGX is a holding company that provides professional technical and management services to the power generation and renewable energy industries. Through its wholly owned subsidiaries, the company delivers engineering, procurement and construction management (EPCM), commissioning and operations and maintenance (O&M) services for a broad range of energy facilities. Argan focuses on projects for utility, industrial and municipally owned clients, helping to bring efficient thermal and renewable energy plants into operation and maintain optimal performance over the asset life cycle.

The company's principal subsidiaries include Gemma Power Systems, which specializes in turnkey construction of combined-cycle, simple-cycle, cogeneration and renewable energy plants; Atlantic Projects Company, which provides electrical balance-of-plant, control systems, instrumentation and commissioning services; and Infrastructure Solutions, which offers industrial maintenance, outage support and modification services.

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