NYSE:AGX Argan - AGX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Argan, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $39.67 -1.09 (-2.67%) (As of 03/17/2023 06:40 PM ET) Add Compare Share Share Today's Range$39.50▼$40.6150-Day Range$36.85▼$41.9152-Week Range$31.26▼$43.50Volume160,800 shsAverage Volume70,967 shsMarket Capitalization$538.72 millionP/E Ratio26.45Dividend Yield2.52%Price Target$87.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Argan MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside119.3% Upside$87.00 Price TargetShort InterestHealthy1.33% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.41Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.22 out of 5 starsConstruction Sector58th out of 105 stocksConstruction - Special Trade Contractors Industry5th out of 8 stocks 3.5 Analyst's Opinion Consensus RatingArgan has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $87.00, Argan has a forecasted upside of 119.3% from its current price of $39.67.Amount of Analyst CoverageArgan has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.33% of the float of Argan has been sold short.Short Interest Ratio / Days to CoverArgan has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Argan has recently increased by 3.64%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldArgan pays a meaningful dividend of 2.52%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthArgan does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Argan is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AGX. Previous Next 1.9 News and Social Media Coverage News SentimentArgan has a news sentiment score of 0.41. 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 news sentiment score is similar to the average news sentiment of Construction companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Argan this week, compared to 2 articles on an average week.MarketBeat Follows2 people have added Argan to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Argan insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 8.50% of the stock of Argan is held by insiders.Percentage Held by Institutions83.84% of the stock of Argan is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Argan is 26.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.36.Price to Earnings Ratio vs. SectorThe P/E ratio of Argan is 26.45, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 11.94.Price to Book Value per Share RatioArgan has a P/B Ratio of 1.91. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Argan (NYSE:AGX) StockArgan, Inc. operates as a holding company, which engages in the provision of consulting, engineering, procurement, construction, commissioning, operations, and maintenance services to the power generation and renewable energy. It operates through the following business segments: Power Services, Telecom Services, Industrial Services, and Others. The company was founded in May 1961 and is headquartered in Rockville, MD.Read More Receive AGX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Argan and its competitors with MarketBeat's FREE daily newsletter. Email Address AGX Stock News HeadlinesMarch 17, 2023 | americanbankingnews.comArgan (NYSE:AGX) Receives New Coverage from Analysts at StockNews.comMarch 13, 2023 | finance.yahoo.comArgan (NYSE:AGX) Has Some Difficulty Using Its Capital EffectivelyMarch 20, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.February 17, 2023 | finance.yahoo.comArgan, Inc. (NYSE:AGX) is favoured by institutional owners who hold 84% of the companyJanuary 24, 2023 | finance.yahoo.comArgan, Inc. (NYSE:AGX) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?January 24, 2023 | finance.yahoo.comArgan, Inc. (AGX) Stock Historical Prices & Data - Yahoo FinanceJanuary 3, 2023 | finance.yahoo.comArgan (NYSE:AGX) Is Due To Pay A Dividend Of $0.25December 26, 2022 | seekingalpha.comArgan: A High Quality Pick For 2023March 20, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. December 18, 2022 | finance.yahoo.comArgan (NYSE:AGX) Is Paying Out A Dividend Of $0.25December 15, 2022 | finance.yahoo.comSome Argan, Inc. (NYSE:AGX) Analysts Just Made A Major Cut To Next Year's EstimatesDecember 14, 2022 | marketwatch.comArgan Raises Share Buyback Program to $125MDecember 14, 2022 | msn.comArgan, Inc. declares $0.25 dividendDecember 14, 2022 | finance.yahoo.comArgan, Inc. Increases Share Repurchase Program to $125 Million, Declares Regularly Quarterly Cash Dividend of $0.25 Per Common ShareDecember 9, 2022 | finance.yahoo.comArgan Third Quarter 2023 Earnings: Misses ExpectationsNovember 27, 2022 | seekingalpha.comArgan: Results Are WeakeningNovember 8, 2022 | finance.yahoo.comArgan, Inc.’s Gemma Power Systems Receives Full Notice to Proceed for a 950-MW Power Project in OhioNovember 6, 2022 | finance.yahoo.comA Look At The Intrinsic Value Of Argan, Inc. (NYSE:AGX)October 20, 2022 | finance.yahoo.comArgan (NYSE:AGX) shareholders have endured a 42% loss from investing in the stock five years agoOctober 18, 2022 | globenewswire.comARGAN delivers its second Aut0nom site, the warehouse that produce its own green energy close to Caen - GlobeNewswireOctober 13, 2022 | usatoday.comQVC just had its annual Beauty Awards—shop top picks from Josie Maran, Tarte and more - USA TODAYOctober 11, 2022 | globenewswire.comARGAN officially inaugurates its first Aut0nom site, the warehouse that produces its own green energy - GlobeNewswireOctober 4, 2022 | finance.yahoo.comInvestors Could Be Concerned With Argan's (NYSE:AGX) Returns On CapitalSeptember 28, 2022 | fool.comArgan (NYSE: AGX)September 26, 2022 | forbes.comA Gorgeous New Hotel Just Opened In Los Angeles And It Will Transport You Directly To Italy - ForbesSeptember 21, 2022 | globenewswire.comARGAN released its annual CSR report - GlobeNewswireSeptember 17, 2022 | forbes.comFirst Look: Habitas Reveals A Stunning New Desert Resort In Morocco - ForbesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive AGX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Argan and its competitors with MarketBeat's FREE daily newsletter. Email Address AGX Company Calendar Last Earnings12/08/2021Ex-Dividend for 1/31 Dividend1/19/2023Dividend Payable1/31/2023Today3/19/2023Next Earnings (Estimated)4/12/2023Fiscal Year End1/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Construction - special trade contractors Sub-IndustryConstruction & Engineering SectorConstruction Current SymbolNYSE:AGX CUSIP04010E10 CIK100591 Webwww.arganinc.com Phone(301) 315-0027Fax301-315-0064Employees1,358Year FoundedN/APrice Target and Rating Average Stock Price Forecast$87.00 High Stock Price Forecast$87.00 Low Stock Price Forecast$87.00 Forecasted Upside/Downside+119.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.50 Trailing P/E Ratio26.45 Forward P/E RatioN/A P/E GrowthN/ANet Income$38.24 million Net Margins4.69% Pretax Margin7.31% Return on Equity10.06% Return on Assets6.29% Debt Debt-to-Equity RatioN/A Current Ratio2.71 Quick Ratio2.71 Sales & Book Value Annual Sales$509.37 million Price / Sales1.06 Cash Flow$3.12 per share Price / Cash Flow12.71 Book Value$20.72 per share Price / Book1.91Miscellaneous Outstanding Shares13,580,000Free Float12,422,000Market Cap$538.72 million OptionableOptionable Beta0.60 Key ExecutivesDavid Hibbert WatsonPresident, Chief Executive Officer & DirectorRichard H. DeilyCFO, Secretary, Treasurer & Senior Vice PresidentKey CompetitorsLimbachNASDAQ:LMBVSENASDAQ:VSECAtlas Technical ConsultantsNASDAQ:ATCXNorth American Construction GroupNYSE:NOACementos Pacasmayo S.A.A.NYSE:CPACView All CompetitorsInsiders & InstitutionsMorgan StanleyBought 3,641 shares on 2/15/2023Ownership: 0.346%State of Wisconsin Investment BoardSold 999 shares on 2/15/2023Ownership: 0.155%Public Employees Retirement System of OhioSold 3,177 shares on 2/15/2023Ownership: 0.091%Susquehanna Fundamental Investments LLCSold 2,432 shares on 2/15/2023Ownership: 0.059%MetLife Investment Management LLCSold 587 shares on 2/15/2023Ownership: 0.050%View All Insider TransactionsView All Institutional Transactions AGX Stock - Frequently Asked Questions Should I buy or sell Argan stock right now? 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. The consensus among Wall Street analysts is that investors should "buy" AGX shares. View AGX analyst ratings or view top-rated stocks. What is Argan's stock price forecast for 2023? 1 equities research analysts have issued twelve-month price targets for Argan's stock. Their AGX share price forecasts range from $87.00 to $87.00. On average, they predict the company's share price to reach $87.00 in the next twelve months. This suggests a possible upside of 119.3% from the stock's current price. View analysts price targets for AGX or view top-rated stocks among Wall Street analysts. How have AGX shares performed in 2023? Argan's stock was trading at $36.88 at the beginning of the year. Since then, AGX stock has increased by 7.6% and is now trading at $39.67. View the best growth stocks for 2023 here. When is Argan's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 12th 2023. View our AGX earnings forecast. How were Argan's earnings last quarter? Argan, Inc. (NYSE:AGX) issued its quarterly earnings data on Wednesday, December, 8th. The construction company reported $0.78 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.31. The construction company earned $124.45 million during the quarter. Argan had a net margin of 4.69% and a trailing twelve-month return on equity of 10.06%. How often does Argan pay dividends? What is the dividend yield for Argan? Argan announced a quarterly dividend on Wednesday, December 14th. Investors of record on Friday, January 20th will be given a dividend of $0.25 per share on Tuesday, January 31st. This represents a $1.00 annualized dividend and a yield of 2.52%. The ex-dividend date of this dividend is Thursday, January 19th. Read our dividend analysis for AGX. What ETFs hold Argan's stock? ETFs with the largest weight of Argan (NYSE:AGX) stock in their portfolio include First Trust RBA American Industrial Renaissance ETF (AIRR), Roundhill Acquirers Deep Value ETF (DEEP), iShares U.S. Infrastructure ETF (IFRA), iShares US Small Cap Value Factor ETF (SVAL), Global X U.S. Infrastructure Development ETF (PAVE), Hartford Multifactor Small Cap ETF (ROSC), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) and WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS). Is Argan a good dividend stock? Argan (NYSE:AGX) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.45%. The dividend payout ratio is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for AGX. What other stocks do shareholders of Argan own? Based on aggregate information from My MarketBeat watchlists, some companies that other Argan investors own include Lam Research (LRCX), Applied Materials (AMAT), FTS International (FTSI), Real Goods Solar (RGSE), Corus Entertainment (CJREF), KLA (KLAC), Nektar Therapeutics (NKTR), Advanced Energy Industries (AEIS), Casa Systems (CASA) and SP Plus (SP). What is Argan's stock symbol? Argan trades on the New York Stock Exchange (NYSE) under the ticker symbol "AGX." Who are Argan's major shareholders? Argan's stock is owned by a number of institutional and retail investors. Top institutional investors include River Road Asset Management LLC (13.01%), Dimensional Fund Advisors LP (6.20%), JPMorgan Chase & Co. (4.33%), Renaissance Technologies LLC (3.29%), AltraVue Capital LLC (2.62%) and Mirae Asset Global Investments Co. Ltd. (2.16%). Insiders that own company stock include David Hibbert Watson, John Ronald Jr Jeffrey, Mano S Koilpillai, Peter W Getsinger, W G Champion Mitchell and William F Griffin Jr. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Argan's stock price today? One share of AGX stock can currently be purchased for approximately $39.67. How much money does Argan make? Argan (NYSE:AGX) has a market capitalization of $538.72 million and generates $509.37 million in revenue each year. The construction company earns $38.24 million in net income (profit) each year or $1.50 on an earnings per share basis. How many employees does Argan have? The company employs 1,358 workers across the globe. How can I contact Argan? Argan's mailing address is ONE CHURCH STREET SUITE 201, ROCKVILLE MD, 20850. The official website for the company is www.arganinc.com. The construction company can be reached via phone at (301) 315-0027 or via fax at 301-315-0064. This page (NYSE:AGX) was last updated on 3/20/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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