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

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$39.50 +0.40 (+1.02 %)
(As of 08/20/2018 04:00 PM ET)
Previous Close$39.10
Today's Range$38.75 - $39.70
52-Week Range$34.90 - $69.95
Volume69,056 shs
Average Volume210,042 shs
Market Capitalization$607.18 million
P/E Ratio10.80
Dividend Yield2.57%
Beta0.85
Argan logoArgan, 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
SymbolNYSE:AGX
CUSIP04010E10
Phone301-315-0027

Debt

Debt-to-Equity RatioN/A
Current Ratio2.82
Quick Ratio2.82

Price-To-Earnings

Trailing P/E Ratio10.80
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$892.82 million
Price / Sales0.69
Cash Flow$4.9748 per share
Price / Cash7.94
Book Value$23.03 per share
Price / Book1.72

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$72.01 million
Net Margins7.00%
Return on Equity16.11%
Return on Assets9.19%

Miscellaneous

Employees1,552
Outstanding Shares15,570,000
Market Cap$607.18 million

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 declared a quarterly dividend on Tuesday, June 26th. Stockholders of record on Tuesday, July 24th will be given a dividend of $0.25 per share on Tuesday, July 31st. This represents a $1.00 annualized dividend and a dividend yield of 2.53%. The ex-dividend date of this dividend is Monday, July 23rd. View Argan's Dividend History.

How were Argan's earnings last quarter?

Argan, Inc. (NYSE:AGX) announced its quarterly earnings results on Monday, June, 11th. The construction company reported $0.31 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.34 by $0.03. The construction company earned $141.40 million during the quarter, compared to analyst estimates of $122.93 million. Argan had a net margin of 7.00% and a return on equity of 16.11%. Argan's quarterly revenue was down 38.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.31 earnings per share. View Argan's Earnings History.

When is Argan's next earnings date?

Argan is scheduled to release their next quarterly earnings announcement on Thursday, September, 6th 2018. View Earnings Estimates for Argan.

What price target have analysts set for AGX?

1 brokers have issued 1 year target prices for Argan's shares. Their forecasts range from $56.00 to $56.00. On average, they anticipate Argan's stock price to reach $56.00 in the next year. This suggests a possible upside of 41.8% 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.

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)

Has Argan been receiving favorable news coverage?

Media stories about AGX stock have been trending somewhat positive recently, Accern reports. Accern rates the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Argan earned a media and rumor sentiment score of 0.15 on Accern's scale. They also assigned news headlines about the construction company an impact score of 46.23 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Argan.

Who are Argan's major shareholders?

Argan's stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (6.95%), BlackRock Inc. (6.71%), Renaissance Technologies LLC (6.56%), Ashford Capital Management Inc. (3.62%), Royce & Associates LP (3.29%) and River Road Asset Management LLC (2.24%). 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 FMR LLC, Bank of America Corp DE, First Trust Advisors LP, Wells Fargo & Company MN, BlueMountain Capital Management LLC, Alps Advisors Inc., Alps Advisors Inc. and Metropolitan Life Insurance Co. NY. 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 River Road Asset Management LLC, Royce & Associates LP, Dimensional Fund Advisors LP, Heartland Advisors Inc., Investment Management of Virginia LLC, Dean Investment Associates LLC, Prescott Group Capital Management L.L.C. and BlackRock Inc.. 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 $39.50.

How big of a company is Argan?

Argan has a market capitalization of $607.18 million and generates $892.82 million in revenue each year. Argan employs 1,552 workers across the globe.

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:  153 (Vote Outperform)
Underperform Votes:  139 (Vote Underperform)
Total Votes:  292
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 8/20/2018 by MarketBeat.com Staff

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