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Argan NYSE:AGX Stock Report

Last Price

US$139.33

Market Cap

US$1.9b

7D

-2.5%

1Y

189.0%

Updated

20 Dec, 2024

Data

Company Financials +

Argan, Inc.

NYSE:AGX Stock Report

Market Cap: US$1.9b

AGX Stock Overview

Through its subsidiaries, provides engineering, procurement, construction, commissioning, maintenance, project development, and technical consulting services to the power generation market. More details

AGX fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance6/6
Financial Health6/6
Dividends4/6

Rewards

Trading at 50.1% below our estimate of its fair value

Earnings are forecast to grow 21.22% per year

Earnings grew by 94.6% over the past year

Risk Analysis

Significant insider selling over the past 3 months


My Notes

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Community Narratives

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WA
Analyst Price Target
Consensus Narrative from 2 Analysts

Renewables Boom, Execution Excellence, And Cash Reserves Propel Earnings Growth

Key Takeaways Strong revenue growth in the Power Industry Services segment positions Argan well for future revenue increases and earnings growth. Argan's solid project backlog and cash reserves provide a foundation for strategic investments, supporting sustained financial strength and potential earnings growth.
View narrative
US$150.00
FV
7.1% undervalued intrinsic discount
13.29%
Revenue growth p.a.
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9users have followed this narrative
2 days ago author updated this narrative

Argan, Inc. Competitors

MYR Group

NasdaqGS:MYRG

US$2.5b

Ameresco

NYSE:AMRC

US$1.2b

Everus Construction Group

NYSE:ECG

US$3.3b

Limbach Holdings

NasdaqCM:LMB

US$999.9m

Price History & Performance

Summary of share price highs, lows and changes for Argan
Historical stock prices
Current Share PriceUS$139.33
52 Week HighUS$165.33
52 Week LowUS$43.44
Beta0.51
1 Month Change-5.13%
3 Month Change45.30%
1 Year Change189.01%
3 Year Change265.02%
5 Year Change251.22%
Change since IPO72.80%

Recent News & Updates

Argan Is A Bargain; Worrying About Backlog Is Missing The Bigger Picture

Dec 06

Recent updates

Argan Is A Bargain; Worrying About Backlog Is Missing The Bigger Picture

Dec 06

Argan: AI Beneficiary Not Yet Fully Discovered

Nov 26

Argan's (NYSE:AGX) Returns On Capital Are Heading Higher

Nov 22
Argan's (NYSE:AGX) Returns On Capital Are Heading Higher

Argan: Favorable Long Term Due To Robust Project Pipeline

Oct 15

Argan's (NYSE:AGX) Shareholders Will Receive A Bigger Dividend Than Last Year

Oct 11
Argan's (NYSE:AGX) Shareholders Will Receive A Bigger Dividend Than Last Year

Earnings Tell The Story For Argan, Inc. (NYSE:AGX) As Its Stock Soars 32%

Sep 20
Earnings Tell The Story For Argan, Inc. (NYSE:AGX) As Its Stock Soars 32%

The Market Thinks Argan, Inc. Earnings Were Incredible, I Agree

Sep 08

Argan, Inc. (NYSE:AGX) Not Flying Under The Radar

Aug 03
Argan, Inc. (NYSE:AGX) Not Flying Under The Radar

Argan (NYSE:AGX) Is Experiencing Growth In Returns On Capital

Jul 16
Argan (NYSE:AGX) Is Experiencing Growth In Returns On Capital

An Intrinsic Calculation For Argan, Inc. (NYSE:AGX) Suggests It's 45% Undervalued

Jun 10
An Intrinsic Calculation For Argan, Inc. (NYSE:AGX) Suggests It's 45% Undervalued

After Leaping 25% Argan, Inc. (NYSE:AGX) Shares Are Not Flying Under The Radar

Apr 17
After Leaping 25% Argan, Inc. (NYSE:AGX) Shares Are Not Flying Under The Radar

Argan: Quality Business, Uncorrelated Returns, And Belongs In An All-Weather Portfolio

Apr 09

Argan: 4 Reasons Why This Stock Is A Buy For Long-Term Dividend Investors

Mar 11

Argan: Favorable Supply/Demand Environment And Improved Capital Allocation

Jan 31

A Look At The Fair Value Of Argan, Inc. (NYSE:AGX)

Dec 22
A Look At The Fair Value Of Argan, Inc. (NYSE:AGX)

Argan: Shares Are Cheaper Than They Appear

Dec 11

Argan: Encouraging Near-Term Trends Point To Further Share Price Gains

Nov 08

Argan (NYSE:AGX) Is Increasing Its Dividend To $0.30

Sep 23
Argan (NYSE:AGX) Is Increasing Its Dividend To $0.30

Argan Stock: Recalibrating Expectations

Aug 23

Argan (NYSE:AGX) Has Announced A Dividend Of $0.25

Jun 24
Argan (NYSE:AGX) Has Announced A Dividend Of $0.25

Some Investors May Be Worried About Argan's (NYSE:AGX) Returns On Capital

Jun 08
Some Investors May Be Worried About Argan's (NYSE:AGX) Returns On Capital

Argan, Inc.: Good Growth At Attractive Valuations

Jun 02

Argan (NYSE:AGX) Will Pay A Dividend Of $0.25

Jan 03
Argan (NYSE:AGX) Will Pay A Dividend Of $0.25

Argan: A High Quality Pick For 2023

Dec 26

Time To Worry? Analysts Are Downgrading Their Argan, Inc. (NYSE:AGX) Outlook

Dec 15
Time To Worry? Analysts Are Downgrading Their Argan, Inc. (NYSE:AGX) Outlook

Argan declares $0.25 dividend and increases buyback to $125M

Dec 15

Shareholder Returns

AGXUS ConstructionUS Market
7D-2.5%-5.4%-3.5%
1Y189.0%50.2%22.1%

Return vs Industry: AGX exceeded the US Construction industry which returned 50.2% over the past year.

Return vs Market: AGX exceeded the US Market which returned 22.1% over the past year.

Price Volatility

Is AGX's price volatile compared to industry and market?
AGX volatility
AGX Average Weekly Movement7.1%
Construction Industry Average Movement6.7%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: AGX has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: AGX's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19611,214David Watsonwww.arganinc.com

Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, maintenance, project development, and technical consulting services to the power generation market. The company operates through Power Services, Industrial Services, and Telecom Services segments. The Power Services segment offers engineering, procurement, and construction, as well as designing, building, and commissioning of large-scale energy projects 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 projects with approximately 18 gigawatts of power-generating capacity.

Argan, Inc. Fundamentals Summary

How do Argan's earnings and revenue compare to its market cap?
AGX fundamental statistics
Market capUS$1.89b
Earnings (TTM)US$66.11m
Revenue (TTM)US$806.26m

28.6x

P/E Ratio

2.3x

P/S Ratio

Is AGX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AGX income statement (TTM)
RevenueUS$806.26m
Cost of RevenueUS$690.85m
Gross ProfitUS$115.41m
Other ExpensesUS$49.30m
EarningsUS$66.11m

Last Reported Earnings

Oct 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.87
Gross Margin14.31%
Net Profit Margin8.20%
Debt/Equity Ratio0%

How did AGX perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

26%

Payout Ratio

Does AGX pay a reliable dividends?

See AGX dividend history and benchmarks
When do you need to buy AGX by to receive an upcoming dividend?
Argan dividend dates
Ex Dividend DateJan 23 2025
Dividend Pay DateJan 31 2025
Days until Ex dividend33 days
Days until Dividend pay date41 days

Does AGX pay a reliable dividends?

See AGX dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 22:41
End of Day Share Price 2024/12/20 00:00
Earnings2024/10/31
Annual Earnings2024/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Argan, Inc. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel MannesAvondale Partners
Christopher MooreCJS Securities, Inc.
Robert BrownLake Street Capital Markets, LLC