Argan (AGX) Stock Price, News & Analysis

Company Overview

Argan, Inc. (NYSE: AGX) is a U.S.-based holding company specializing in engineering, procurement and construction for the energy industry. Through its principal operating subsidiary, Gemma Power Systems, Inc., Argan provides turnkey project management and construction services for power generation facilities, including natural gas‐fired, renewable, and hybrid plants. The company oversees all phases of project execution, from initial feasibility studies and design to commissioning and startup, catering to utility, industrial and independent power producer clients.

Gemma Power Systems focuses on the development of advanced combined‐cycle and simple‐cycle power plants, emphasizing efficiency and environmental performance. Its in‐house engineering staff works closely with leading equipment manufacturers to integrate turbines, heat recovery steam generators and balance‐of‐plant systems. Gemma also supports plant operations through ongoing maintenance, upgrades and performance optimization services, helping clients meet evolving regulatory requirements and sustainability goals.

Argan’s Atlantic Projects Company subsidiary is a global provider of fabrication and construction services for cryogenic gas processing and storage facilities. With facilities in the United Kingdom, Belgium and the Netherlands, Atlantic Projects designs and builds onshore and offshore modules, tanks and specialized process skids for liquefied natural gas (LNG), hydrogen, petrochemical and biogas markets. The subsidiary’s modular fabrication approach enables rapid site assembly, reduced shutdown times and improved safety performance.

Founded in 1983 and headquartered in Rockville, Maryland, Argan has evolved from a niche communications and energy services company into a diversified project delivery platform serving North America, Europe and the Middle East. Under the leadership of Chairman and Chief Executive Officer Peter C. Kinnear, the company has maintained a focus on engineering excellence, safety and quality control. Argan continues to pursue growth opportunities in traditional and emerging energy sectors, leveraging its expertise to support clients’ transition to lower‐carbon and more reliable energy solutions.

Key Stats

• Today's Range: $212.14 to $221.69
• 50-Day Range: $165.61 to $243.01
• 52-Week Range: $63.53 to $246.60
• Volume: 430,529 shs
• Average Volume: 354,740 shs
• Market Capitalization: $3.01 billion
• P/E Ratio: 30.94
• Dividend Yield: 0.68%
• Price Target: $193.00
• Consensus Rating: Hold

Argan Stock Analysis - MarketRank™

Argan scored higher than 18% of companies evaluated by MarketBeat, and ranked 89th out of 100 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Argan has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 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.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Argan is 30.94, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.26.

Price to Earnings Ratio vs. Sector

The P/E ratio of Argan is 30.94, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 16.19.

Price to Book Value per Share Ratio

Argan has a P/B Ratio of 8.51. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.87% 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 1.8, 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 11.66%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Argan has a dividend yield of 0.71%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Argan has only been increasing its dividend for 2 years.

Dividend Coverage

The dividend payout ratio of Argan is 21.04%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.87% 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 1.8, 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 11.66%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.32

News Sentiment

Argan has a news sentiment score of 1.32. 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 higher news sentiment than the 0.89 average news sentiment score of Construction companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Argan this week, compared to 8 articles on an average week.

Search Interest

Only 18 people have searched for AGX on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

MarketBeat Follows

23 people have added Argan to their MarketBeat watchlist in the last 30 days. This is an increase of 130% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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 $19,291,140.00 in company stock.

Percentage Held by Insiders

Only 6.69% of the stock of Argan is held by insiders.

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.

AGX Stock Analysis - Frequently Asked Questions

How have AGX shares performed this year?

Argan's stock was trading at $137.04 at the beginning of the year. Since then, AGX shares have increased by 61.0% and is now trading at $220.5870.

How were Argan's earnings last quarter?

Argan, Inc. (NYSE:AGX) released its quarterly earnings data on Wednesday, June, 4th. The construction company reported $1.60 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.51. The business's quarterly revenue was up 22.8% on a year-over-year basis.
Read the conference call transcript.

Who are Argan's major shareholders?

Argan's top institutional investors include Sapient Capital LLC (0.36%), Abacus FCF Advisors LLC (0.33%), Wesbanco Bank Inc. (0.08%) and CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.06%). Insiders that own company stock include Rainer H Bosselmann, William F Griffin Jr, David Hibbert Watson, William F Leimkuhler, Cynthia Flanders, James W Quinn, Peter W Getsinger, Richard H Deily, Mano S Koilpillai and W G Champion Mitchell.
View institutional ownership trends.

How do I buy shares of Argan?

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.

What other stocks do shareholders of Argan own?

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

• Record date for 4/30 Dividend: 4/22/2025
• Ex-Dividend for 4/30 Dividend: 4/22/2025
• Dividend Payable: 4/30/2025
• Last Earnings: 6/04/2025
• Today: 7/14/2025
• Record date for 7/31 Dividend: 7/23/2025
• Ex-Dividend for 7/31 Dividend: 7/23/2025
• Dividend Payable: 7/31/2025
• Next Earnings (Estimated): 9/04/2025
• Fiscal Year End: 1/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Construction
• Industry: BLDG&CONST - MISC
• Sub-Industry: Construction & Engineering
• Current Symbol: NYSE:AGX
• CIK: 100591
• Web: www.arganinc.com
• Phone: (301) 315-0027
• Fax: 301-315-0064
• Employees: 1,595
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Argan: $193.00
• High Price Target: $236.00
• Low Price Target: $150.00
• Potential Upside/Downside: -12.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): $7.13
• Trailing P/E Ratio: 30.94
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $85.46 million
• Net Margins: 11.00%
• Pretax Margin: 14.25%
• Return on Equity: 29.61%
• Return on Assets: 12.82%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.75
• Quick Ratio: 1.75

Sales & Book Value

• Annual Sales: $874.18 million
• Price / Sales: 3.44
• Cash Flow: $6.69 per share
• Price / Cash Flow: 32.98
• Book Value: $25.92 per share
• Price / Book: 8.51

Miscellaneous

• Outstanding Shares: 13,640,000
• Free Float: 12,728,000
• Market Cap: $3.01 billion
• Optionable: Optionable
• Beta: 0.54