Argan
AGX

$77.59

2.52%

Market Cap: 1.04B

About: Argan Inc is a United States-base construction firm that conducts operations through its wholly-owned subsidiaries, GPS, APC, TRC and SMC. Through GPS and APC it provides a full range of engineering, procurement, construction, commissioning, maintenance, project development and technical consulting services to the power generation market, including the renewable energy sector, for a wide range of customers, including independent power project owners, public utilities, power plant heavy equipment suppliers and other commercial firms with power requirements in the U.S., Ireland and the U.K. It operates in three segments: Power Services, Industrial Services, and Telecom Services, out of which Power Services derive majority revenue.

Employees: 1,214

Industrials Construction Special Trade Contractors

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

74% more call options, than puts

Call options by funds: $895K | Put options by funds: $515K

71% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 14

7% more funds holding

Funds holding: 148 [Q4 2023] → 158 (+10) [Q1 2024]

7% more capital invested

Capital invested by funds: $495M [Q4 2023] → $527M (+$32.5M) [Q1 2024]

0.46% less ownership

Funds ownership: 79.33% [Q4 2023] → 78.87% (-0.46%) [Q1 2024]

22% less repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 59

See Fund Rankings

Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$70

10%

downside

Avg. target

$78

0%

upside

High target

$85

10%

upside

2 analyst ratings

2 positive

100%

0 neutral

0%

0 negative

0%

Lake Street Robert Brown	10%upside $85	Buy Maintained	7 Jun 2024
Lake Street Rob Brown	10%downside $70	Buy Maintained	12 Apr 2024

See Analyst Rankings

Financial journalist opinion

Argan: Positioned To Capitalize On Rising Energy Demand And Energy Transition Trends

Argan, Inc. primarily focuses on power industry services, including engineering, construction, and technical consulting. The company saw strong revenue growth in the last quarter, with significant increases in the Industrial and Power Industry segments. AGX has a positive outlook for FY25, driven by strong demand for its services, backlog growth, and potential opportunities in the energy sector.

Argan: Positioned To Capitalize On Rising Energy Demand And Energy Transition Trends

Trump Trade: Top 5 Stocks If Trump Wins The Election (SA Quant)

Donald Trump is safe following a rally shooting, but elections and major political events can cause stock markets to react. As the U.S. presidential election draws near, Wall Street has speculated how a change in administration might impact the markets. The S&P 500 is up ~45% under the Biden administration, led by energy, tech and industrial sectors. Following their first debate of 2024, markets have speculated about a ‘Trump Trade'.

Trump Trade: Top 5 Stocks If Trump Wins The Election (SA Quant)

Argan, Inc. Declares Regular Quarterly Cash Dividend of $0.30 Per Common Share

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that its Board of Directors (the “Board”) declared a regular quarterly cash dividend in the amount of $0.30 per share of common stock. The dividend will be payable on July 31, 2024, to stockholders of record at the close of business on July 23, 2024. The Board also extended the expiration date of Argan's $125 million Share Repurchase Plan through January 31, 2027. About Argan, Inc. Argan's primar.

Argan, Inc. Declares Regular Quarterly Cash Dividend of $0.30 Per Common Share

Argan, Inc.: Generative AI, EV Adoption, And Healthy Project Backlog Compositions

Argan operates through a few subsidiaries and offers its services to the power generation, industrial, and telecommunications markets. Demand for electricity is increasing due to generative AI, driving up data center demand and power usage. Additionally, the increasing adoption of EVs will drive up power demand as well. In addition to increasing demand for electricity, AGX also reported strong project backlogs. These backlogs are expected to bolster its future revenue.

Argan, Inc.: Generative AI, EV Adoption, And Healthy Project Backlog Compositions

Argan, Inc. (AGX) Q1 2025 Earnings Call Transcript

Argan, Inc. (NYSE:AGX ) Q1 2025 Earnings Conference Call June 6, 2024 5:00 PM ET Company Participants Jennifer Belodeau - IMS Investor Relations David Watson - President and Chief Executive Officer Hank Deily - Senior Vice President, Chief Financial Officer, Treasurer and Corporate Secretary Conference Call Participants Chris Moore - CJS Securities Rob Brown - Lake Street Capital Markets Operator Good evening, ladies and gentlemen, and welcome to the Argan, Inc. Earnings Release Conference Call for the First Fiscal Quarter Ended April 30th, 2024. This call is being recorded.

Argan, Inc. (AGX) Q1 2025 Earnings Call Transcript

Argan, Inc. Reports First Quarter Fiscal 2025 Results

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces financial results for its first quarter of fiscal year 2025 ended April 30, 2024. The Company will host an investor conference call today, June 6, 2024, at 5:00 p.m. ET. Consolidated Financial Highlights ($s in thousands, except per share data) April 30, For the Quarter Ended: 2024 2023 Change Revenues $ 157,682 $ 103,675 $ 54,007 Gross profit 17,944 14,224 3,720 G.

Argan, Inc. Reports First Quarter Fiscal 2025 Results

Argan, Inc. to Announce First Quarter Fiscal 2025 Results and Host Conference Call on Thursday, June 6, 2024

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced that the Company will release its first quarter fiscal 2025 financial results after the market closes on Thursday, June 6, 2024. Management will host a webcast with an accompanying slide presentation and conference call on Thursday, June 6, 2024 at 5:00 p.m. ET. Participants can access the live webcast by visiting this link. To access the call by phone, participants can use the following dial-in.

Argan, Inc. to Announce First Quarter Fiscal 2025 Results and Host Conference Call on Thursday, June 6, 2024

Take the Money and Run: 3 Overbought Stocks to Sell ASAP

Generally, the idea of selling securities rankles the public's nerve, yet trimming overbought stocks is just as important a discipline as knowing what to buy. It might be even more important than the latter concept.

Take the Money and Run: 3 Overbought Stocks to Sell ASAP

The Motley Fool

Why Argan Stock Soared 24% Today

Argan earned $2.39 per share in its fiscal 2024, a bit better than fiscal 2023 and ahead of investor expectations. Analysts expect Argan to grow earnings much faster in fiscal 2025 -- which is this year.

Why Argan Stock Soared 24% Today

Argan, Inc. (AGX) Q4 2024 Earnings Call Transcript

Argan, Inc. (NYSE:AGX ) Q4 2024 Earnings Conference Call April 11, 2024 5:00 PM ET Company Participants Jennifer Belodeau - IMS Investor Relations David Watson - President & Chief Executive Officer Hank Deily - Senior Vice President, Chief Financial Officer, Treasurer & Corporate Secretary Conference Call Participants Rob Brown - Lake Street Capital Chris Moore - CJS Securities Operator Good evening, ladies and gentlemen, and welcome to the Argan, Inc. Earnings Release Conference Call for the Fiscal Fourth Quarter and Year Ended January 31, 2024. This call is being recorded.

Argan, Inc. (AGX) Q4 2024 Earnings Call Transcript

See News Rankings