NYSE:AGX - Argan Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$35.75 +0.35 (+0.99 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$35.75
Today's Range$35.15 - $36.00
52-Week Range$34.90 - $69.95
Volume510,642 shs
Average Volume203,652 shs
Market Capitalization$551.13 million
P/E Ratio9.81
Dividend Yield2.82%
Beta0.9
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.

Receive AGX News and Ratings via Email

Sign-up to receive the latest news and ratings for AGX and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

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 Ratio9.81
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$892.82 million
Price / Sales0.62
Cash Flow$4.9653 per share
Price / Cash7.20
Book Value$23.07 per share
Price / Book1.55

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

The Truth About Cryptocurrencies

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 Wednesday, April 11th. Investors of record on Friday, April 20th will be paid a dividend of $0.25 per share on Monday, April 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date of this dividend is Thursday, April 19th. View Argan's Dividend History.

How were Argan's earnings last quarter?

Argan, Inc. (NYSE:AGX) posted its quarterly earnings results on Monday, June, 11th. The construction company reported $0.31 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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% compared to the same quarter last year. During the same quarter last year, the business posted $1.31 earnings per share. View Argan's Earnings History.

What price target have analysts set for AGX?

2 brokerages have issued 1 year price targets for Argan's stock. Their predictions range from $56.00 to $56.00. On average, they expect Argan's stock price to reach $56.00 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:
  • Mr. Rainer H. Bosselmann, Chairman, CEO & Pres (Age 75)
  • Mr. David Hibbert Watson CPA, CFO, Sr. VP, Treasurer & Corp. Sec. (Age 43)
  • Mr. Daniel L. Martin, Pres of Gemma Power Systems (Age 60)
  • Mr. Richard Hank Deily, VP (Age 64)

Has Argan been receiving favorable news coverage?

News headlines about AGX stock have trended somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Argan earned a coverage optimism score of 0.17 on Accern's scale. They also assigned news coverage about the construction company an impact score of 46.92 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are Argan's major shareholders?

Argan's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.32%), Dimensional Fund Advisors LP (5.86%), Allianz Asset Management GmbH (2.71%), Allianz Asset Management GmbH (2.71%), Prudential Financial Inc. (2.10%) and Freestone Capital Holdings LLC (2.02%). 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 institutional investors are selling Argan stock?

AGX stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Prudential Financial Inc., Chicago Equity Partners LLC, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, GSA Capital Partners LLP, Smith Asset Management Group LP, Hays Advisory LLC and UBS Group AG. View Insider Buying and Selling for Argan.

Which institutional investors are buying Argan stock?

AGX stock was acquired by a variety of institutional investors in the last quarter, including Freestone Capital Holdings LLC, Amundi Pioneer Asset Management Inc., Emancipation Management LLC, Millennium Management LLC, Dimensional Fund Advisors LP, Boston Partners, Millrace Asset Group Inc. and Welch Capital Partners LLC NY. 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 $35.75.

How big of a company is Argan?

Argan has a market capitalization of $551.13 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 (AGX)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  135 (Vote Outperform)
Underperform Votes:  128 (Vote Underperform)
Total Votes:  263
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 6/23/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.