Argan Stock Price, News & Analysis (NYSE:AGX)

Argan trades on the New York Stock Exchange (NYSE) under the ticker symbol "AGX."

Argan announced a quarterly dividend on Tuesday, September 10th. Shareholders of record on Wednesday, October 23rd will be given a dividend of $0.25 per share on Thursday, October 31st. This represents a $1.00 annualized dividend and a yield of 2.58%. The ex-dividend date of this dividend is Tuesday, October 22nd. View Argan's Dividend History.

Argan, Inc. (NYSE:AGX) announced its quarterly earnings data on Monday, September, 9th. The construction company reported $0.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.04. The construction company had revenue of $63.10 million for the quarter, compared to analysts' expectations of $67.65 million. Argan had a net margin of 0.50% and a return on equity of 1.36%. The company's revenue was down 53.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.08 EPS. View Argan's Earnings History.

Argan is scheduled to release their next quarterly earnings announcement on Thursday, December 5th 2019. View Earnings Estimates for Argan.

1 brokers have issued 12-month price targets for Argan's stock. Their predictions range from $62.00 to $62.00. On average, they expect Argan's stock price to reach $62.00 in the next year. This suggests a possible upside of 59.8% from the stock's current price. View Analyst Price Targets for 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.

News articles about AGX stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Argan earned a daily sentiment score of -1.3 on InfoTrie's scale. They also assigned news coverage about the construction company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Argan.

Argan saw a decrease in short interest during the month of August. As of August 15th, there was short interest totalling 786,100 shares, a decrease of 20.9% from the July 15th total of 993,700 shares. Based on an average daily trading volume, of 122,300 shares, the days-to-cover ratio is currently 6.4 days. Approximately 5.6% of the shares of the company are short sold. View Argan's Current Options Chain.

Some companies that are related to Argan include VALLOUREC SA/S (VLOWY), Ameresco (AMRC), Matrix Service (MTRX), Concrete Pumping (BBCP), Limbach (LMB), China Advanced Constructn Mtrls Grp (CADC) and Real Goods Solar (RGSE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Argan investors own include Real Goods Solar (RGSE), Applied Materials (AMAT), FTS International (FTSI), Corus Entertainment (CJREF), Lam Research (LRCX), Advanced Energy Industries (AEIS), Casa Systems (CASA), KLA-Tencor (KLAC), Nektar Therapeutics (NKTR) and SP Plus (SP).

Argan's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (5.16%), Vanguard Group Inc. (4.74%), Ashford Capital Management Inc. (4.65%), William Blair Investment Management LLC (3.24%), Heartland Advisors Inc. (1.71%) and THB Asset Management (1.43%). Company insiders that own Argan stock include John Ronald Jr Jeffrey and W G Champion Mitchell. View Institutional Ownership Trends for Argan.

AGX stock was sold by a variety of institutional investors in the last quarter, including Radin Capital Partners Inc., Russell Investments Group Ltd., Boston Partners, Renaissance Technologies LLC, Wells Fargo & Company MN, Bank of America Corp DE, First Trust Advisors LP and Heartland Advisors Inc.. View Insider Buying and Selling for Argan.

AGX stock was acquired by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Nuveen Asset Management LLC, Vanguard Group Inc., Castleark Management LLC, Charles Schwab Investment Management Inc., Shaker Investments LLC OH, Anson Funds Management LP and Investment Management of Virginia LLC. View Insider Buying and Selling for 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.

One share of AGX stock can currently be purchased for approximately $38.80.

Argan has a market capitalization of $606.44 million and generates $482.15 million in revenue each year. Argan employs 1,487 workers across the globe.View Additional Information About Argan.

The official website for Argan is http://www.arganinc.com/.

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.