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 - NEC
  • Sub-Industry: Construction & Engineering
  • Symbol: NYSE:AGX
  • CUSIP: 04010E10
  • Web:
  • Market Cap: $930.36 million
  • Outstanding Shares: 15,519,000
Average Prices:
  • 50 Day Moving Avg: $62.87
  • 200 Day Moving Avg: $65.62
  • 52 Week Range: $47.18 - $76.70
  • Trailing P/E Ratio: 12.03
  • Foreward P/E Ratio: 15.99
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $775.19 million
  • Price / Sales: 1.20
  • Book Value: $20.30 per share
  • Price / Book: 2.95
  • Annual Dividend: $0.70
  • Dividend Yield: 1.2%
  • EBIDTA: $126.79 million
  • Net Margins: 10.15%
  • Return on Equity: 27.78%
  • Return on Assets: 13.15%
  • Current Ratio: 1.67%
  • Quick Ratio: 1.67%
  • Average Volume: 154,402 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 announced an annual dividend on Friday, September 16th. Shareholders of record on Tuesday, October 18th will be given a dividend of $0.70 per share on Friday, October 28th. This represents a dividend yield of 1.27%. The ex-dividend date of this dividend is Friday, October 14th. View Argan's Dividend History.

How were Argan's earnings last quarter?

Argan, Inc. (NYSE:AGX) released its quarterly earnings data on Wednesday, June, 7th. The company reported $1.31 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.89 by $0.42. The company earned $230.49 million during the quarter, compared to analyst estimates of $183.10 million. Argan had a net margin of 10.15% and a return on equity of 27.78%. The business's quarterly revenue was up 76.8% compared to the same quarter last year. View Argan's Earnings History.

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

3 equities research analysts have issued 12-month price objectives for Argan's stock. Their forecasts range from $71.00 to $71.00. On average, they anticipate Argan's share price to reach $71.00 in the next twelve months. 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 many different of institutional and retail investors. Top institutional investors 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 bought 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 $59.95.

MarketBeat Community Rating for Argan (NYSE AGX)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  50 (Vote Outperform)
Underperform Votes:  46 (Vote Underperform)
Total Votes:  96
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 (18.43% 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 8/21/2015 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
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)
Most Recent Dividend:10/28/2016
Annual Dividend:$0.70
Dividend Yield:1.17%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:13.86% (Trailing 12 Months of Earnings)
16.55% (Based on This Year's Estimates)
18.67% (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: 83.52%
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
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 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 logoArgan, Inc. breached its 50 day moving average in a Bullish Manner : AGX-US : April 26, 2017 - April 26 at 3:37 PM logo Argan, Inc. (AGX) Given Average Recommendation of "Buy" by Analysts - April 26 at 9:59 AM logoArgan (AGX) Getting Somewhat Negative Media Coverage, Report Finds - April 24 at 12:13 PM logoSomewhat Favorable Media Coverage Extremely Likely to Affect Argan (AGX) Share Price - April 21 at 9:03 AM logoInsider Selling: Argan, Inc. (AGX) Director Sells 10,000 Shares of Stock - April 21 at 8:49 AM logoVery Favorable Media Coverage Extremely Likely to Impact Argan (AGX) Stock Price - April 18 at 8:48 AM logoArgan, Inc. (AGX) CFO David Hibbert Watson Sells 8,650 Shares - April 17 at 11:05 PM logoETFs with exposure to Argan, Inc. : April 17, 2017 - April 17 at 3:23 PM logoArgan (AGX) Given Daily News Impact Rating of 0.10 - April 15 at 8:53 AM logoArgan, Inc. :AGX-US: Earnings Analysis: Q4, 2017 By the Numbers : April 13, 2017 - April 13 at 3:39 PM logoArgan, Inc. breached its 50 day moving average in a Bullish Manner : AGX-US : April 12, 2017 - April 12 at 12:00 PM logo Argan, Inc. (AGX) Receives Average Rating of "Buy" from Brokerages - April 11 at 8:51 PM logoArgan Inc. (AGX) Is Climbing On Q4 Results - April 11 at 3:26 PM logoArgan, Inc. (AGX) Posts Earnings Results, Beats Expectations By $0.48 EPS - April 11 at 9:26 AM



Argan (AGX) Chart for Monday, August, 21, 2017

This page was last updated on 8/21/2017 by Staff