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NYSE:AGX

Argan Stock Forecast, Price & News

$41.64
-0.24 (-0.57 %)
(As of 09/28/2020 06:25 AM ET)
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Today's Range
$41.49
Now: $41.64
$42.14
50-Day Range
$41.41
MA: $43.47
$47.28
52-Week Range
$29.91
Now: $41.64
$48.25
Volume71,300 shs
Average Volume134,546 shs
Market Capitalization$652.50 million
P/E RatioN/A
Dividend Yield2.40%
Beta0.65
Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, operations management, maintenance, project development, technical, and consulting services to the power generation and renewable energy markets. The company operates through Power Industry Services, Industrial Fabrication and Field Services, and Telecommunications Infrastructure Services segments. The Power Industry Services segment offers engineering, procurement, and construction (EPC) 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 gigawatts of power-generating capacity. This segment serves independent power project owners, public utilities, power plant equipment suppliers, and global energy plant construction firms. The Industrial Fabrication and Field Services segment provides industrial field, and steel pipe and vessel fabrication services for forest products, power, energy, large fertilizer, EPC, and mining and petrochemical companies in southern region of the United States. The Telecommunications Infrastructure Services segment offers 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 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, and other commercial customers, as well as federal government facilities comprising cleared facilities in the mid-Atlantic region. Argan, Inc. was founded in 1961 and is headquartered in Rockville, Maryland.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.7Dividend Strength: 0.8Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.61 out of 5 stars


Industry, Sector and Symbol

Industry Construction - special trade contractors
Sub-IndustryConstruction & Engineering
CUSIP04010E10
Phone301-315-0027

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$239 million
Book Value$21.81 per share

Profitability

Net Income$-42,690,000.00

Miscellaneous

Employees1,154
Market Cap$652.50 million
Next Earnings Date12/8/2020 (Estimated)
OptionableOptionable
$41.64
-0.24 (-0.57 %)
(As of 09/28/2020 06:25 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Argan (NYSE:AGX) Frequently Asked Questions

How has Argan's stock price been impacted by Coronavirus?

Argan's stock was trading at $35.40 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, AGX stock has increased by 17.6% and is now trading at $41.64.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Argan?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Argan in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Argan
.

When is Argan's next earnings date?

Argan is scheduled to release its next quarterly earnings announcement on Tuesday, December 8th 2020.
View our earnings forecast for Argan
.

How were Argan's earnings last quarter?

Argan, Inc. (NYSE:AGX) issued its earnings results on Wednesday, September, 9th. The construction company reported $0.36 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.05 by $0.31. Argan had a negative return on equity of 2.72% and a negative net margin of 3.36%.
View Argan's earnings history
.

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

Argan announced a None dividend on Wednesday, June 24th. Investors of record on Thursday, July 23rd will be given a dividend of $1.25 per share on Friday, July 31st. This represents a yield of 2.1%. The ex-dividend date is Wednesday, July 22nd.
View Argan's dividend history
.

What price target have analysts set for AGX?

2 brokerages have issued 1 year price objectives for Argan's stock. Their forecasts range from $64.00 to $64.00. On average, they anticipate Argan's stock price to reach $64.00 in the next year. This suggests a possible upside of 53.7% from the stock's current price.
View analysts' price targets for Argan
.

Who are some of Argan's key competitors?

What other stocks do shareholders of Argan own?

Who are Argan's key executives?

Argan's management team includes the following people:
  • Mr. Rainer H. Bosselmann, Chairman, CEO & Pres (Age 76)
  • Mr. David Hibbert Watson, CFO, Sr. VP, Treasurer & Corp. Sec. (Age 44)
  • Mr. Richard Hank Deily, VP & Corp. Controller (Age 65)

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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (4.76%), Ashford Capital Management Inc. (4.73%), Russell Investments Group Ltd. (4.38%), FMR LLC (2.71%), John G Ullman & Associates Inc. (1.52%) and Raymond James & Associates (1.12%). Company insiders that own Argan stock include David Hibbert Watson, James W Quinn, Peter W Getsinger, Richard H Deily, W G Champion Mitchell and William F Griffin Jr.
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, SG Americas Securities LLC, Shaker Investments LLC OH, Nuveen Asset Management LLC, Vanguard Group Inc., Third Avenue Management LLC, First Trust Advisors LP, and Charles Schwab Investment Management Inc..
View insider buying and selling activity for Argan
.

Which major investors are buying Argan stock?

AGX stock was bought by a variety of institutional investors in the last quarter, including John G Ullman & Associates Inc., WINTON GROUP Ltd, Ashford Capital Management Inc., Goldman Sachs Group Inc., Trexquant Investment LP, Raymond James & Associates, Cubist Systematic Strategies LLC, and Russell Investments Group Ltd.. Company insiders that have bought Argan stock in the last two years include David Hibbert Watson, James W Quinn, Peter W Getsinger, and Richard H Deily.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Argan's stock price today?

One share of AGX stock can currently be purchased for approximately $41.64.

How big of a company is Argan?

Argan has a market capitalization of $652.50 million and generates $239 million in revenue each year. Argan employs 1,154 workers across the globe.

What is Argan's official website?

The official website for Argan is 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.

This page was last updated on 9/28/2020 by MarketBeat.com Staff

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