NYSE:AGX - Argan Stock Price, News, & Analysis

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$40.73 -1.28 (-3.05 %)
(As of 12/11/2018 08:02 AM ET)
Previous Close$42.01
Today's Range$40.54 - $41.96
52-Week Range$34.90 - $47.76
Volume194,228 shs
Average Volume118,747 shs
Market Capitalization$654.13 million
P/E Ratio10.64
Dividend Yield2.38%
Beta0.73
Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, operations management, maintenance, development, technical, and consulting services to the power generation and renewable energy markets. The company's Power Industry Services segment offers engineering, procurement, and construction contracting services 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 44 projects with approximately 15,000 megawatts of power-generating capacity. This segment serves independent power project owners, public utilities, power plant equipment suppliers, and global energy plant construction firms. Its Industrial Fabrication and Field Services segment provides industrial steel fabrication and field services to light and heavy industrial organizations that comprise forest products, power, large fertilizer, and mining and petrochemical companies in southern region of the United States. The company's Telecommunications Infrastructure Services segment offers outside plant cabling services, including trench-less 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 offers inside premises wiring services consisting of structuring, cabling, terminations, and connectivity that provide the physical transport for high speed data, voice, video, and security networks. This segment serves state and local government agencies, regional communications service providers, electric utilities, other commercial customers, and federal government facilities, including cleared facilities in the mid-Atlantic region. Argan, Inc. was founded in 1961 and is headquartered in Rockville, Maryland.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Construction - special trade contractors
Sub-IndustryConstruction & Engineering
SectorConstruction
Current SymbolNYSE:AGX
Previous Symbol
CUSIP04010E10
Phone301-315-0027

Debt

Debt-to-Equity RatioN/A
Current Ratio4.40
Quick Ratio4.40

Price-To-Earnings

Trailing P/E Ratio10.64
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$892.82 million
Price / Sales0.71
Cash Flow$4.7637 per share
Price / Cash Flow8.55
Book Value$23.03 per share
Price / Book1.77

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$72.01 million
Net Margins10.86%
Return on Equity16.62%
Return on Assets11.54%

Miscellaneous

Employees1,552
Outstanding Shares15,570,000
Market Cap$654.13 million
OptionableOptionable

Argan (NYSE:AGX) Frequently Asked Questions

What is Argan's stock symbol?

Argan trades on the New York Stock Exchange (NYSE) under the ticker symbol "AGX."

How often does Argan pay dividends? What is the dividend yield for Argan?

Argan announced a quarterly dividend on Thursday, September 13th. Stockholders of record on Wednesday, October 24th will be paid a dividend of $0.25 per share on Wednesday, October 31st. This represents a $1.00 annualized dividend and a dividend yield of 2.46%. The ex-dividend date of this dividend is Tuesday, October 23rd. View Argan's Dividend History.

How were Argan's earnings last quarter?

Argan, Inc. (NYSE:AGX) posted its quarterly earnings data on Thursday, December, 6th. The construction company reported $2.07 earnings per share for the quarter, topping the consensus estimate of $0.34 by $1.73. The construction company had revenue of $116.50 million for the quarter, compared to the consensus estimate of $101.60 million. Argan had a net margin of 10.86% and a return on equity of 16.62%. The business's quarterly revenue was down 50.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.09 EPS. View Argan's Earnings History.

When is Argan's next earnings date?

Argan is scheduled to release their next quarterly earnings announcement on Wednesday, April 10th 2019. View Earnings Estimates for Argan.

What price target have analysts set for AGX?

1 analysts have issued 1-year target prices for Argan's stock. Their predictions range from $56.00 to $56.00. On average, they anticipate Argan's share price to reach $56.00 in the next twelve months. This suggests a possible upside of 37.5% from the stock's current price. View Analyst Price Targets for Argan.

What is the consensus analysts' recommendation for Argan?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Argan in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Argan.

Has Argan been receiving favorable news coverage?

News stories about AGX stock have been trending somewhat positive on Tuesday, InfoTrie reports. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Argan earned a news sentiment score of 1.5 on InfoTrie's scale. They also assigned media coverage about the construction company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near future.

Who are some of Argan's key competitors?

Who are Argan's key executives?

Argan's management team includes the folowing people:
  • Mr. Rainer H. Bosselmann, Chairman, CEO & Pres (Age 75)
  • Mr. David Hibbert Watson CPA, CFO, Sr. VP, Treasurer & Corp. Sec. (Age 43)
  • Mr. Richard Hank Deily, VP (Age 64)

Who are Argan's major shareholders?

Argan's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.88%), BlackRock Inc. (6.51%), Renaissance Technologies LLC (5.81%), Vanguard Group Inc. (4.41%), Ashford Capital Management Inc. (4.39%) and Royce & Associates LP (3.63%). Company insiders that own Argan stock include Brian R Sherras, Cynthia Flanders, David Hibbert Watson, Henry A Crumpton, James W Quinn, John Ronald Jr Jeffrey, Peter W Getsinger, Rainer H Bosselmann, Richard H Deily, William F Griffin Jr and William F Leimkuhler. View Institutional Ownership Trends for Argan.

Which major investors are selling Argan stock?

AGX stock was sold by a variety of institutional investors in the last quarter, including Freestone Capital Holdings LLC, Wells Fargo & Company MN, Renaissance Technologies LLC, AQR Capital Management LLC, Allianz Asset Management GmbH, Bank of Montreal Can, Citadel Advisors LLC and BlackRock Inc.. View Insider Buying and Selling for Argan.

Which major investors are buying Argan stock?

AGX stock was bought by a variety of institutional investors in the last quarter, including Radin Capital Partners Inc., Dimensional Fund Advisors LP, Ashford Capital Management Inc., Royce & Associates LP, John G Ullman & Associates Inc., Heartland Advisors Inc., Acuitas Investments LLC and Mackenzie Financial Corp. View Insider Buying and Selling for Argan.

How do I buy shares of Argan?

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

What is Argan's stock price today?

One share of AGX stock can currently be purchased for approximately $40.73.

How big of a company is Argan?

Argan has a market capitalization of $654.13 million and generates $892.82 million in revenue each year. Argan employs 1,552 workers across the globe.

What is Argan's official website?

The official website for Argan is http://www.arganinc.com.

How can I contact Argan?

Argan's mailing address is ONE CHURCH STREET SUITE 201, ROCKVILLE MD, 20850. The construction company can be reached via phone at 301-315-0027.


MarketBeat Community Rating for Argan (NYSE AGX)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  178 (Vote Outperform)
Underperform Votes:  159 (Vote Underperform)
Total Votes:  337
MarketBeat's community ratings are surveys of what our community members think about Argan and other stocks. Vote "Outperform" if you believe AGX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AGX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/11/2018 by MarketBeat.com Staff

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