Argan Company Profile (NYSE:AGX)

About Argan (NYSE:AGX)

Argan logoArgan, Inc. is a holding company. The Company conducts operations through its subsidiaries, Gemma Power Systems, LLC and affiliates (GPS), Atlantic Projects Company Limited (APC), Southern Maryland Cable, Inc. (SMC) and The Roberts Company (Roberts). Through GPS and APC, the Company's power industry services segment provides engineering, procurement, construction, commissioning, operations management, maintenance, development, technical and consulting services to the power generation and renewable energy markets. Through SMC, the telecommunications infrastructure services segment of the Company provides project management, construction, installation and maintenance services to commercial, local government and federal government customers. Through Roberts, the Company's industrial fabrication and field services segment produces, delivers and installs fabricated steel components specializing in pressure vessels and heat exchangers for industrial plants.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: Construction & Engineering
  • Sub-Industry: Construction & Engineering
  • Symbol: NYSE:AGX
  • CUSIP: 04010E10
  • Web:
  • Market Cap: $1 billion
  • Outstanding Shares: 15,543,000
Average Prices:
  • 50 Day Moving Avg: $62.18
  • 200 Day Moving Avg: $64.03
  • 52 Week Range: $54.00 - $76.70
  • Trailing P/E Ratio: 11.89
  • Foreward P/E Ratio: 15.78
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $872.5 million
  • Price / Sales: 1.15
  • Book Value: $22.21 per share
  • Price / Book: 2.91
  • Annual Dividend: $0.70
  • Dividend Yield: 1.6%
  • EBIDTA: $131.21 million
  • Net Margins: 9.88%
  • Return on Equity: 28.23%
  • Return on Assets: 13.19%
  • Current Ratio: 1.81%
  • Quick Ratio: 1.81%
  • Average Volume: 122,302 shs.
  • Beta: 0.91
  • Short Ratio: 2.97

Frequently Asked Questions for Argan (NYSE:AGX)

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 an annual dividend on Friday, September 15th. Investors of record on Friday, October 20th will be paid a dividend of $1.00 per share on Tuesday, October 31st. This represents a yield of 1.63%. The ex-dividend date of this dividend is Thursday, October 19th. This is a boost from Argan's previous annual dividend of $0.70. View Argan's Dividend History.

How were Argan's earnings last quarter?

Argan, Inc. (NYSE:AGX) announced its quarterly earnings data on Thursday, September, 7th. The company reported $1.72 EPS for the quarter, topping the Zacks' consensus estimate of $1.03 by $0.69. The firm earned $259.80 million during the quarter, compared to analyst estimates of $217.75 million. Argan had a net margin of 9.88% and a return on equity of 28.23%. The company's quarterly revenue was up 59.9% on a year-over-year basis. During the same period last year, the business earned $1.29 EPS. View Argan's Earnings History.

When will Argan make its next earnings announcement?

Argan is scheduled to release their next quarterly earnings announcement on Monday, December, 4th 2017. View Earnings Estimates for Argan.

Where is Argan's stock going? Where will Argan's stock price be in 2017?

3 brokerages have issued twelve-month price objectives for Argan's stock. Their forecasts range from $71.00 to $71.00. On average, they anticipate Argan's stock price to reach $71.00 in the next year. 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:

  • Rainer H. Bosselmann, Chairman of the Board, Chief Executive Officer
  • David Hibbert Watson, Chief Financial Officer, Senior Vice President
  • William F. Griffin Jr., Director; Vice Chairman, Chief Executive Officer of Gemma Power Systems
  • Daniel L. Martin, President of Gemma Power Systems
  • Cynthia A. Flanders, Director
  • Peter W. Getsinger, Director
  • William Francis Leimkuhler, Independent Director
  • W G Champion Mitchell, Independent Director
  • James W. Quinn, Independent Director

Who owns Argan stock?

Argan's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.13%), Renaissance Technologies LLC (8.66%), Dimensional Fund Advisors LP (5.08%), Prudential Financial Inc. (4.12%), FMR LLC (3.08%) and Copper Rock Capital Partners LLC (2.93%). Company insiders that own Argan stock include Brian R Sherras, Cynthia Flanders, Daniel L Martin, 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.

Who sold Argan stock? Who is selling Argan stock?

Argan's stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Dimensional Fund Advisors LP, Opus Capital Group LLC, Ashford Capital Management Inc., Ameriprise Financial Inc., Arrowstreet Capital Limited Partnership, JPMorgan Chase & Co. and Fiera Capital Corp. Company insiders that have sold Argan stock in the last year include Brian R Sherras, Cynthia Flanders, David Hibbert Watson, Henry A Crumpton, James W Quinn, Peter W Getsinger, Rainer H Bosselmann, Richard H Deily, William F Griffin Jr and William F Leimkuhler. View Insider Buying and Selling for Argan.

Who bought Argan stock? Who is buying Argan stock?

Argan's stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Vanguard Group Inc., AJO LP, Renaissance Technologies LLC, Lazard Asset Management LLC, Acadian Asset Management LLC, Chicago Equity Partners LLC and Brandywine Global Investment Management LLC. Company insiders that have bought Argan stock in the last two years include David Hibbert Watson, John Ronald Jr Jeffrey and Peter W Getsinger. View Insider Buying and Selling for Argan.

How do I buy Argan stock?

Shares of Argan can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Argan's stock price today?

One share of Argan stock can currently be purchased for approximately $64.55.

MarketBeat Community Rating for Argan (NYSE AGX)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  63 (Vote Outperform)
Underperform Votes:  60 (Vote Underperform)
Total Votes:  123
MarketBeat's community ratings are surveys of what our community members think about Argan and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Argan (NYSE:AGX) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $71.00 (9.99% upside)

Analysts' Ratings History for Argan (NYSE:AGX)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/28/2017SidotiInitiated CoverageNeutralMediumView Rating Details
6/8/2017Lake Street CapitalBoost Price TargetBuy -> Buy$70.00 -> $71.00HighView Rating Details
12/8/2016Avondale PartnersDowngradeOutperform -> Market PerformN/AView Rating Details
10/16/2015Wm SmithInitiated CoverageNot Rated$45.00N/AView Rating Details
(Data available from 9/21/2015 forward)


Earnings History for Argan (NYSE:AGX)
Earnings by Quarter for Argan (NYSE:AGX)
Earnings History by Quarter for Argan (NYSE AGX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/4/2017$1.03N/AView Earnings Details
9/7/2017Q2 2018$1.03$1.72$217.75 million$259.80 millionViewN/AView Earnings Details
6/7/2017Q1 2018$0.89$1.31$183.10 million$230.49 millionViewN/AView Earnings Details
4/10/2017Q4 2017$0.81$1.29$188.83 million$206.80 millionViewN/AView Earnings Details
12/6/2016Q3 2017$0.74$1.16$182.10 million$175.44 millionViewN/AView Earnings Details
9/6/2016Q217$0.79$1.29$151.70 million$162.50 millionViewN/AView Earnings Details
6/7/2016Q116$0.64$0.81$184.50 million$130.35 millionViewN/AView Earnings Details
4/14/2016Q4$0.65$0.45$137.00 million$116.00 millionViewN/AView Earnings Details
12/10/2015Q316$0.70$0.72$103.80 million$113.97 millionViewN/AView Earnings Details
9/8/2015Q2 2016$0.55$0.75$97.43 millionViewN/AView Earnings Details
6/8/2015Q116$0.38$0.50$85.00 millionViewN/AView Earnings Details
4/10/2015Q415$0.59$0.40$102.30 millionViewN/AView Earnings Details
12/8/2014Q315$0.59$0.84$127.60 millionViewN/AView Earnings Details
9/4/2014Q215$0.41$0.58$102.00 millionViewN/AView Earnings Details
6/5/2014Q115$0.16$0.24$56.23 million$51.20 millionViewN/AView Earnings Details
4/8/2014Q4$0.70$0.63ViewN/AView Earnings Details
12/9/2013Q3$0.71$0.83$35.91 million$63.50 millionViewN/AView Earnings Details
9/5/2013Q2$0.89ViewN/AView Earnings Details
6/6/2013Q113$0.45$63.70 million$46.60 millionViewN/AView Earnings Details
4/10/2013Q4 12$0.46ViewN/AView Earnings Details
12/13/20120.43$0.43$43.60 million$74.50 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Argan (NYSE:AGX)
2017 EPS Consensus Estimate: $2.08
2018 EPS Consensus Estimate: $3.63
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20171$0.56$0.56$0.56
Q3 20171$0.72$0.72$0.72
Q4 20171$0.80$0.80$0.80
Q1 20181$0.89$0.89$0.89
Q2 20181$0.91$0.91$0.91
Q3 20181$0.96$0.96$0.96
Q4 20181$0.87$0.87$0.87
Q1 20191$0.97$0.97$0.97
Q2 20191$0.96$0.96$0.96
Q3 20191$0.91$0.91$0.91
(Data provided by Zacks Investment Research)


Current Dividend Information for Argan (NYSE:AGX)
Next Dividend:10/31/2017
Annual Dividend:$0.70
Dividend Yield:1.08%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:12.77% (Trailing 12 Months of Earnings)
14.52% (Based on This Year's Estimates)
17.11% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Argan (NYSE:AGX)

Dividend History by Quarter for Argan (NYSE AGX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Argan (NYSE:AGX)
Insider Ownership Percentage: 7.64%
Institutional Ownership Percentage: 86.52%
Insider Trades by Quarter for Argan (NYSE:AGX)
Institutional Ownership by Quarter for Argan (NYSE:AGX)
Insider Trades by Quarter for Argan (NYSE:AGX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/19/2017John Ronald Jr. JeffreyDirectorBuy1,500$62.49$93,735.00View SEC Filing  
6/26/2017John Ronald Jr. JeffreyDirectorBuy1,000$60.95$60,950.00View SEC Filing  
6/12/2017Henry A CrumptonDirectorSell30,000$62.24$1,867,200.00View SEC Filing  
4/26/2017Peter W GetsingerDirectorSell3,000$67.72$203,160.00View SEC Filing  
4/20/2017James W QuinnDirectorSell10,000$66.17$661,700.00View SEC Filing  
4/17/2017David Hibbert WatsonCFOSell8,650$65.31$564,931.50View SEC Filing  
1/30/2017William F LeimkuhlerDirectorSell2,000$73.23$146,460.00View SEC Filing  
1/27/2017Rainer H BosselmannChairmanSell35,490$75.41$2,676,300.90View SEC Filing  
1/23/2017William F Griffin JrCEOSell25,000$70.33$1,758,250.00View SEC Filing  
1/19/2017Cynthia FlandersDirectorSell10,000$70.67$706,700.00View SEC Filing  
1/13/2017Peter W GetsingerDirectorSell5,000$70.58$352,900.00View SEC Filing  
1/6/2017Richard H DeilyVPSell2,650$72.01$190,826.50View SEC Filing  
1/4/2017William F Griffin JrCEOSell16,770$73.08$1,225,551.60View SEC Filing  
1/3/2017James W QuinnDirectorSell10,000$70.78$707,800.00View SEC Filing  
12/22/2016William F Griffin JrCEOSell8,230$73.34$603,588.20View SEC Filing  
12/21/2016Cynthia FlandersDirectorSell5,000$74.43$372,150.00View SEC Filing  
12/16/2016Brian R SherrasDirectorSell10,000$70.33$703,300.00View SEC Filing  
10/31/2016William F LeimkuhlerDirectorSell5,000$56.53$282,650.00View SEC Filing  
10/27/2016William F LeimkuhlerDirectorSell5,000$55.46$277,300.00View SEC Filing  
10/12/2016Peter W GetsingerDirectorSell1,935$57.71$111,668.85View SEC Filing  
10/4/2016Peter W GetsingerDirectorSell900$58.19$52,371.00View SEC Filing  
10/3/2016James W QuinnDirectorSell10,000$58.86$588,600.00View SEC Filing  
10/3/2016Richard H DeilyVPSell2,350$59.00$138,650.00View SEC Filing  
9/30/2016William F LeimkuhlerDirectorSell5,000$59.12$295,600.00View SEC Filing  
9/26/2016Cynthia FlandersDirectorSell10,000$57.24$572,400.00View SEC Filing  
9/23/2016James W QuinnDirectorSell10,000$57.08$570,800.00View SEC Filing  
9/19/2016James W QuinnDirectorSell10,000$56.41$564,100.00View SEC Filing  
9/14/2016William F Griffin JrCEOSell25,000$52.16$1,304,000.00View SEC Filing  
9/12/2016William F Griffin JrCEOSell33,689$51.58$1,737,678.62View SEC Filing  
9/9/2016William F Griffin JrCEOSell16,311$52.50$856,327.50View SEC Filing  
7/13/2016Richard H DeilyVPSell7,000$46.78$327,460.00View SEC Filing  
6/10/2016Daniel L MartinInsiderSell15,000$41.10$616,500.00View SEC Filing  
1/8/2016David Hibbert WatsonCFOBuy350$29.18$10,213.00View SEC Filing  
12/15/2015Peter W GetsingerDirectorBuy1,000$32.50$32,500.00View SEC Filing  
3/18/2015Cynthia FlandersCFOSell3,000$34.00$102,000.00View SEC Filing  
1/29/2015Rainer H BosselmannCEOSell2,235$32.00$71,520.00View SEC Filing  
1/26/2015Daniel L MartinInsiderSell20,380$32.03$652,771.40View SEC Filing  
1/26/2015Rainer H BosselmannCEOSell8,021$32.03$256,912.63View SEC Filing  
1/22/2015Arthur F TrudelCFOSell10,000$30.60$306,000.00View SEC Filing  
1/15/2015Daniel L MartinInsiderSell5,300$31.13$164,989.00View SEC Filing  
1/14/2015Arthur F TrudelCFOSell6,883$31.50$216,814.50View SEC Filing  
1/13/2015Arthur F TrudelCFOSell3,117$31.29$97,530.93View SEC Filing  
1/8/2015Rainer H BosselmannCEOSell14,444$32.84$474,340.96View SEC Filing  
12/22/2014Daniel L MartinInsiderSell19,320$32.65$630,798.00View SEC Filing  
10/14/2014Arthur F TrudelCFOSell9,000$29.74$267,660.00View SEC Filing  
10/9/2014Arthur F TrudelCFOSell1,000$33.28$33,280.00View SEC Filing  
4/22/2014Rainer H BosselmannCEOSell5,000$27.62$138,100.00View SEC Filing  
4/21/2014Rainer H BosselmannCEOSell1,925$27.33$52,610.25View SEC Filing  
4/17/2014Rainer H BosselmannCEOSell15,000$27.14$407,100.00View SEC Filing  
4/10/2014Rainer H BosselmannCEOSell3,100$27.91$86,521.00View SEC Filing  
1/15/2014Arthur F TrudelCFOSell10,000$30.51$305,100.00View SEC Filing  
1/13/2014Arthur F TrudelCFOSell10,000$29.97$299,700.00View SEC Filing  
1/3/2014James W QuinnDirectorSell10,000$27.19$271,900.00View SEC Filing  
10/15/2013Arthur F TrudelCFOSell5,000$21.45$107,250.00View SEC Filing  
10/10/2013Arthur F TrudelCFOSell5,000$21.40$107,000.00View SEC Filing  
10/8/2013William F LeimkuhlerDirectorBuy4,000$21.23$84,920.00View SEC Filing  
9/13/2013Arthur F TrudelCFOSell10,000$19.10$191,000.00View SEC Filing  
9/13/2013Rainer H BosselmannCEOBuy1,400$19.58$27,412.00View SEC Filing  
6/19/2013Arthur F TrudelCFOSell4,124$17.19$70,891.56View SEC Filing  
6/13/2013Rainer H BosselmannCEOSell20,000$16.58$331,600.00View SEC Filing  
10/5/2012W G Champion MitchellDirectorSell12,500$17.52$219,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Argan (NYSE:AGX)
Latest Headlines for Argan (NYSE:AGX)
DateHeadline logoArgan, Inc. (AGX) Director John Ronald Jr. Jeffrey Buys 1,500 Shares - September 20 at 10:22 PM logoEarnings Review and Free Research Report: Dycom Industries Reported Better Than Expected Earnings Results - September 20 at 3:37 PM logoZacks: Argan, Inc. (AGX) Given Consensus Rating of "Strong Buy" by Brokerages - September 20 at 9:24 AM logoArgan, Inc. (AGX) to Issue Annual Dividend of $1.00 - September 15 at 5:52 PM logoArgan, Inc. Declares 2017 Regular Dividend of $1.00 Per Share and Announces Intent to Pay Quarterly Dividends in 2018 - September 14 at 8:56 PM logoETFs with exposure to Argan, Inc. : September 13, 2017 - September 13 at 9:45 PM logoArgan, Inc. :AGX-US: Earnings Analysis: Q2, 2018 By the Numbers : September 12, 2017 - September 12 at 8:52 PM logoArgan, Inc. breached its 50 day moving average in a Bearish Manner : AGX-US : September 12, 2017 - September 12 at 3:51 PM logoArgan, Inc. (AGX) Releases Earnings Results, Beats Expectations By $0.69 EPS - September 7 at 9:06 PM logoArgan, Inc. Reports Second Quarter Results - September 7 at 8:38 PM logoArgan posts 2Q profit - September 7 at 8:38 PM logoAnalyzing Tutor Perini Corporation (TPC) & Argan (AGX) - September 6 at 2:08 AM logoArgan, Inc. breached its 50 day moving average in a Bullish Manner : AGX-US : August 31, 2017 - August 31 at 3:29 PM logoZacks: Argan, Inc. (AGX) Given $71.00 Average Price Target by Brokerages - August 29 at 8:50 PM logoGranite Construction (GVA) and Argan (AGX) Critical Analysis - August 12 at 10:08 PM logoArgan, Inc. breached its 50 day moving average in a Bearish Manner : AGX-US : August 11, 2017 - August 11 at 4:05 PM logoZacks: Argan, Inc. (NYSE:AGX) Receives Consensus Rating of "" from Brokerages - August 8 at 12:28 PM logoArgan, Inc. – Value Analysis (NYSE:AGX) : August 1, 2017 - August 1 at 9:38 PM logoArgan Breaks Above 200-Day Moving Average - Bullish for AGX - July 27 at 3:50 PM logoArgan, Inc. (AGX) Rating Increased to Sell at BidaskClub - July 23 at 8:08 PM logo Brokerages Set $68.00 Target Price for Argan, Inc. (AGX) - July 20 at 12:43 PM logoArgan, Inc. breached its 50 day moving average in a Bullish Manner : AGX-US : July 18, 2017 - July 18 at 4:46 PM logoETFs with exposure to Argan, Inc. : July 10, 2017 - July 10 at 3:25 PM logo Brokerages Expect Argan, Inc. (AGX) to Post $0.91 Earnings Per Share - July 7 at 6:18 PM logo Analysts Set $70.33 Target Price for Argan, Inc. (NYSE:AGX) - July 4 at 11:06 AM logoArgan, Inc. (AGX) Earns Neutral Rating from Analysts at Sidoti - June 28 at 4:22 PM logoEarnings Highlights and Review: Argan's Revenue Rocketed 77%; Net Income Surged 69% - June 27 at 3:28 PM logoETFs with exposure to Argan, Inc. : June 27, 2017 - June 27 at 3:28 PM logoArgan, Inc. (AGX) Director Buys $60,950.00 in Stock - June 26 at 7:18 PM logoETFs with exposure to Argan, Inc. : June 16, 2017 - June 16 at 3:56 PM logoArgan, Inc. (AGX) Director Sells $1,867,200.00 in Stock - June 14 at 7:54 PM logoEarnings Highlights and Review: Dycom's Strong Q3 Results Topped Estimates - June 14 at 3:24 PM logoZacks: Argan, Inc. (AGX) Receives Consensus Recommendation of "Buy" from Brokerages - June 13 at 8:32 PM logoZacks: Analysts Expect Argan, Inc. (AGX) Will Announce Earnings of $0.91 Per Share - June 13 at 4:24 PM logoArgan, Inc. :AGX-US: Earnings Analysis: Q1, 2018 By the Numbers : June 8, 2017 - June 8 at 3:40 PM logoArgan, Inc. (AGX) PT Raised to $71.00 - June 8 at 9:02 AM logoArgan, Inc. (AGX) Issues Quarterly Earnings Results, Beats Expectations By $0.42 EPS - June 8 at 8:12 AM logoArgan Inc. (AGX) Is Climbing On Q1 Results - June 8 at 1:01 AM logoArgan, Inc. Reports First Quarter Results - June 8 at 1:01 AM logoArgan posts 1Q profit - June 8 at 1:01 AM logoContrasting Orion Group Holdings (ORN) & Argan (AGX) - June 8 at 12:06 AM logoETFs with exposure to Argan, Inc. : June 6, 2017 - June 6 at 3:36 PM logoComparing Argan (AGX) and Primoris Services Corp (PRIM) - June 4 at 12:24 AM logoETFs with exposure to Argan, Inc. : May 23, 2017 - May 23 at 3:26 PM logoZacks: Argan, Inc. (AGX) Given $70.00 Average Price Target by Brokerages - May 11 at 8:16 AM logoArgan (AGX) Earns Daily Coverage Optimism Rating of 0.10 - May 3 at 10:18 AM logoETFs with exposure to Argan, Inc. : May 1, 2017 - May 2 at 6:52 AM logoArgan (AGX) Earns Daily Media Sentiment Rating of -0.03 - April 30 at 11:17 AM logoArgan, Inc. (AGX) Director Peter W. Getsinger Sells 3,000 Shares - April 27 at 9:42 PM logoArgan (AGX) Receives Daily News Sentiment Rating of 0.28 - April 27 at 2:10 PM



Argan (AGX) Chart for Thursday, September, 21, 2017

This page was last updated on 9/21/2017 by Staff