Argan, Inc.

NYSE:AGX Stock Report

Market Cap: US$1.9b

Argan Management

Management criteria checks 3/4

Argan's CEO is David Watson, appointed in Aug 2022, has a tenure of 2.33 years. total yearly compensation is $1.87M, comprised of 21.4% salary and 78.6% bonuses, including company stock and options. directly owns 0.36% of the company’s shares, worth $6.80M. The average tenure of the management team and the board of directors is 2.3 years and 12.7 years respectively.

Key information

David Watson

Chief executive officer

US$1.9m

Total compensation

CEO salary percentage21.4%
CEO tenure2.3yrs
CEO ownership0.4%
Management average tenure2.3yrs
Board average tenure12.7yrs

Recent management updates

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

CEO Compensation Analysis

How has David Watson's remuneration changed compared to Argan's earnings?
DateTotal CompensationSalaryCompany Earnings
Oct 31 2024n/an/a

US$66m

Jul 31 2024n/an/a

US$44m

Apr 30 2024n/an/a

US$38m

Jan 31 2024US$2mUS$400k

US$32m

Oct 31 2023n/an/a

US$34m

Jul 31 2023n/an/a

US$36m

Apr 30 2023n/an/a

US$28m

Jan 31 2023US$1mUS$305k

US$33m

Oct 31 2022n/an/a

US$22m

Jul 31 2022n/an/a

US$26m

Apr 30 2022n/an/a

US$35m

Jan 31 2022US$2mUS$223k

US$38m

Oct 31 2021n/an/a

US$46m

Jul 31 2021n/an/a

US$43m

Apr 30 2021n/an/a

US$35m

Jan 31 2021US$863kUS$200k

US$24m

Oct 31 2020n/an/a

US$7m

Jul 31 2020n/an/a

-US$9m

Apr 30 2020n/an/a

-US$14m

Jan 31 2020US$1mUS$200k

-US$43m

Oct 31 2019n/an/a

-US$38m

Jul 31 2019n/an/a

US$2m

Apr 30 2019n/an/a

US$17m

Jan 31 2019US$948kUS$200k

US$52m

Oct 31 2018n/an/a

US$61m

Jul 31 2018n/an/a

US$46m

Apr 30 2018n/an/a

US$56m

Jan 31 2018US$1mUS$200k

US$72m

Compensation vs Market: David's total compensation ($USD1.87M) is below average for companies of similar size in the US market ($USD5.54M).

Compensation vs Earnings: David's compensation has increased by more than 20% in the past year.

CEO

David Watson (49 yo)

2.3yrs

Tenure

US$1,867,181

Compensation

Mr. David Hibbert Watson, CPA, is Chief Executive Officer, President and Director at Argan, Inc. since August 16, 2022. He had been the Chief Financial Officer at Argan, Inc. since October 15, 2015 until A...

Leadership Team

NamePositionTenureCompensationOwnership
David Watson
CEO, President & Director2.3yrsUS$1.87m0.36%
$ 6.8m
Charles Collins
Chief Executive Officer of Gemma Power Systems3.1yrsUS$2.45m0.091%
$ 1.7m
Joshua Baugher
Senior VPless than a yearno datano data
Michael Hundley
Senior Vice President of Legalless than a yearno datano data
Terrence Trebilcock
President of Gemma Power Systems3.1yrsUS$1.63mno data

2.3yrs

Average Tenure

48yo

Average Age

Experienced Management: AGX's management team is considered experienced (2.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
David Watson
CEO, President & Director2.3yrsUS$1.87m0.36%
$ 6.8m
Rainer Bosselmann
Director21.9yrsUS$2.02m1.62%
$ 30.6m
William Leimkuhler
Independent Chairman17.5yrsUS$222.98k0.30%
$ 5.6m
James Quinn
Lead Independent Director21.6yrsUS$157.98k0.46%
$ 8.8m
Karen Sweeney
Independent Directorless than a yearno datano data
Peter Getsinger
Independent Director10.1yrsUS$162.98k0.11%
$ 2.1m
William Griffin
Director12.7yrsUS$3.03m1.06%
$ 20.1m
Cynthia Flanders
Independent Director15.7yrsUS$162.98k0.15%
$ 2.8m
John Jeffrey
Independent Director7.5yrsUS$172.98k0.11%
$ 2.1m

12.7yrs

Average Tenure

70yo

Average Age

Experienced Board: AGX's board of directors are seasoned and experienced ( 12.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:04
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