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NYSE:AGXArgan Stock Price, Forecast & News

$37.89
+1.27 (+3.47 %)
(As of 04/10/2020 06:00 AM ET)
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Today's Range
$35.21
Now: $37.89
$38.26
50-Day Range
$31.77
MA: $39.39
$47.36
52-Week Range
$29.91
Now: $37.89
$51.29
Volume193,713 shs
Average Volume170,352 shs
Market Capitalization$592.22 million
P/E RatioN/A
Dividend Yield2.73%
Beta0.64
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: 1.7Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.77 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$482.15 million
Cash Flow$3.85 per share
Book Value$25.33 per share

Profitability

Net Income$52.04 million

Miscellaneous

Employees1,487
Market Cap$592.22 million
Next Earnings Date6/8/2020 (Estimated)
OptionableOptionable

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Argan (NYSE:AGX) Frequently Asked Questions

How has Argan's stock been impacted by COVID-19 (Coronavirus)?

Argan's stock was trading at $35.40 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AGX shares have increased by 7.0% and is now trading at $37.89. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Argan?

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, 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 Monday, June 8th 2020. View our earnings forecast for Argan.

How were Argan's earnings last quarter?

Argan, Inc. (NYSE:AGX) posted its earnings results on Tuesday, December, 10th. The construction company reported ($0.44) earnings per share for the quarter, missing analysts' consensus estimates of ($0.06) by $0.38. The construction company had revenue of $58.40 million for the quarter, compared to analyst estimates of $56.50 million. Argan had a negative return on equity of 9.31% and a negative net margin of 14.58%. The business's revenue was down 49.9% on a year-over-year basis. During the same quarter last year, the company earned $2.07 EPS. View Argan's earnings history.

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

Argan declared a quarterly dividend on Friday, December 13th. Investors of record on Thursday, January 23rd will be paid a dividend of $0.25 per share on Friday, January 31st. This represents a $1.00 dividend on an annualized basis and a yield of 2.64%. The ex-dividend date is Wednesday, January 22nd. View Argan's dividend history.

What price target have analysts set for AGX?

1 brokers have issued 12-month price targets for Argan's stock. Their forecasts range from $62.00 to $62.00. On average, they anticipate Argan's stock price to reach $62.00 in the next year. This suggests a possible upside of 63.6% from the stock's current price. View analysts' price targets for Argan.

Has Argan been receiving favorable news coverage?

News headlines about AGX stock have been trending very negative this week, according to InfoTrie. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Argan earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned media stories about the construction company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutArgan.

Are investors shorting Argan?

Argan saw a decrease in short interest in the month of March. As of March 13th, there was short interest totaling 819,100 shares, a decrease of 6.7% from the February 27th total of 878,300 shares. Based on an average daily volume of 145,400 shares, the short-interest ratio is currently 5.6 days. Approximately 5.8% of the company's shares are short sold. View Argan's Current Options Chain.

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."

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 $37.89.

How big of a company is Argan?

Argan has a market capitalization of $592.22 million and generates $482.15 million in revenue each year. Argan employs 1,487 workers across the globe. View additional information about Argan.

What is Argan's official website?

The official website for Argan is http://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 4/10/2020 by MarketBeat.com Staff

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