Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Argan Inc Market Cap
The Argan Inc (AGX) share price is expected to decrease by 31.43% over the next year. This is based on calculating the average 12-month share price estimate provided by 3 stock analysts who have covered AGX. Price targets range from $70 at the low end to $85 at the high end. The current analyst consensus for AGX is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
AGX is a stock in Industrials which has been forecasted to be worth $77.5 as an average. On the higher end, the forecast price is $85 USD by Robert Brown from Lake Street and on the lower end AGX is forecasted to be $70 by Rob Brown from Lake Street.
These are the latest 20 analyst ratings of AGX.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Robert Brown Lake Street | Buy | $85 | Maintains | Jun 7, 2024 |
| Rob Brown Lake Street | Buy | $70 | Maintains | Apr 12, 2024 |
| Robert Brown Lake Street | Buy | Upgrade | Mar 28, 2018 | |
Lake Street | Hold | Downgrade | Dec 7, 2017 | |
Singular Research | Buy | Initiates | Oct 21, 2014 | |
Avondale Partners | Market Perform | $39 | Downgrade | Sep 15, 2014 |
Avondale Partners | Market Outperform | Initiates | Jul 19, 2013 |
When did it IPO
1995
Staff Count
1,214
Country
United States
Sector/Industry
Industrials/Engineering & Construction
CEO
Mr. David Hibbert Watson CPA
Market Cap
$1.50B
In 2023, AGX generated $455.0M in revenue, which was a decrease of -10.67% from the previous year. This can be seen as a signal that AGX's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 25 Sep 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Small-cap stocks may thrive in a declining rate environment due to lower borrowing costs and investor risk appetite. SA Quant highlights five top-rated small-cap stocks with strong momentum, growth, and profitability.
Why It Matters - Small-cap stocks are set to gain from lower borrowing costs and increased growth potential, presenting both opportunities for upside and risks from higher volatility.
Thu, 19 Sep 2024
Sentiment - POSITIVE
Source - The Motley Fool
Summary - Argan has increased its quarterly dividend by 25%, resulting in a new dividend yield of 1.6%.
Why It Matters - Argan's 25% dividend increase signals financial strength and commitment to returning value, potentially attracting income-focused investors and boosting stock demand.
Wed, 18 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Argan, Inc. (NYSE: AGX) has announced a 25% increase in its quarterly cash dividend, from $0.30 to $0.375 per share, payable on October 31, 2024, to shareholders of record by October 23, 2024.
Why It Matters - Argan's 25% dividend increase signals strong financial health, potentially attracting income-focused investors and boosting stock demand, which may positively impact share price.
Sun, 08 Sep 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Argan, Inc. saw a stock increase of over 25% following its latest earnings report. The article analyzes the report's impact and outlines potential risks and opportunities for AGX.
Why It Matters - Argan, Inc.'s earnings report led to a significant stock surge, highlighting strong performance. Analyzing risks and market conditions is crucial for assessing future investment potential.
Mon, 09 Sep 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Argan (AGX) has gained 77% in 6 months, driven by strong earnings and controlled margins, positioning it well in the power generation market amid rising energy demands.
Why It Matters - Argan's 77% return reflects strong earnings and effective cost management, positioning the company favorably in the growing energy sector amid rising demand and a shift from carbon-intensive sources.
Fri, 06 Sep 2024
Sentiment - POSITIVE
Source - The Motley Fool
Summary - Argan's revenue increased by 61% in the last quarter, with a growing backlog driven by demand for renewable energy.
Why It Matters - Argan's 61% revenue increase and growing backlog signal strong demand in renewable energy, suggesting robust future growth and potential for increased profitability.
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