Argan Inc Stock Today
| AGX Stock | USD 61.63 0.01 0.02% |
Performance15 of 100
| Odds Of DistressLess than 1
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Argan is trading at 61.63 as of the 24th of April 2024; that is -0.02 percent decrease since the beginning of the trading day. The stock's open price was 61.64. Argan has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Argan Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2022 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 18th of August 1995 | Category Industrials |
Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, operations management, maintenance, project development, technical, and consulting services to the power generation and renewable energy markets. Argan, Inc. The company has 13.24 M outstanding shares of which 68.01 K shares are presently shorted by investors with about 1.19 days to cover. More on Argan Inc
Moving against Argan Stock
| 0.73 | VATE | Innovate Corp | PairCorr |
| 0.43 | WLGS | Wang Lee Group Report 20th of May 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
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Argan Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Argan's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Argan or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO | David CPA | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [AGENIX, Agennix AG, AGENNIX - Dusseldorf Stock Exchang, AGENNIX - Hanover Stock Exchang, AGENNIX, AGENNIX (AGX.SG), Agennix AG, Sai Gon Export Foodstuffs and Agricultural Products JSC] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Construction & Engineering, Engineering & Construction, Industrials, NYSE Composite, Military Industrial, Construction, Industrials, Construction & Engineering, Engineering & Construction, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Argan report their recommendations after researching Argan's financial statements, talking to executives and customers, or listening in on Argan's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Argan Inc. The Argan consensus assessment is calculated by taking the average forecast from all of the analysts covering Argan. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Argan's profitability, liquidity, and operating efficiency, Argan Inc is performing exceptionally good at the present time. It has a great likelihood to report excellent financial results in May. Financial strength of Argan Inc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Argan's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Argan's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Argan's financial leverage. It provides some insight into what part of Argan's total assets is financed by creditors.
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Argan Inc (AGX) is traded on New York Stock Exchange in USA. It is located in One Church Street, Rockville, MD, United States, 20850 and employs 1,214 people. Argan is listed under Construction & Engineering category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 816.12 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Argan's market, we take the total number of its shares issued and multiply it by Argan's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Argan Inc runs under Construction & Engineering sector within Industrials industry. The entity has 13.24 M outstanding shares of which 68.01 K shares are presently shorted by investors with about 1.19 days to cover.
Argan Inc has about 173.95 M in cash with 116.86 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 22.98.
Check Argan Probability Of Bankruptcy
Ownership AllocationArgan Inc retains a total of 13.24 Million outstanding shares. The majority of Argan Inc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Argan Inc to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Argan. Please pay attention to any change in the institutional holdings of Argan Inc as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Argan Ownership Details
Argan Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Argan jumping above the current price in 90 days from now is near 1%. The Argan Inc probability density function shows the probability of Argan stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Argan Inc has a beta of -0.1896. This suggests as returns on the benchmark increase, returns on holding Argan are expected to decrease at a much lower rate. During a bear market, however, Argan Inc is likely to outperform the market. Additionally, argan Inc has an alpha of 0.4992, implying that it can generate a 0.5 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Argan to move above the current price in 90 days from now is near 1 (This Argan Inc probability density function shows the probability of Argan Stock to fall within a particular range of prices over 90 days) .
Argan Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Argan that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Argan's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Argan's value.| Instituion | Recorded On | Shares | |
| Azarias Capital Management, L.p. | 2023-12-31 | 180.5 K | |
| Royce & Associates, Lp | 2023-12-31 | 180 K | |
| Millennium Management Llc | 2023-12-31 | 165 K | |
| John G Ullman & Associates Inc | 2023-12-31 | 162.1 K | |
| Aqr Capital Management Llc | 2023-12-31 | 161.8 K | |
| American Century Companies Inc | 2023-12-31 | 139.7 K | |
| Jpmorgan Chase & Co | 2023-12-31 | 138.5 K | |
| Northern Trust Corp | 2023-12-31 | 135 K | |
| Acadian Asset Management Llc | 2023-12-31 | 129.2 K | |
| Blackrock Inc | 2023-12-31 | 1.4 M | |
| River Road Asset Management, Llc | 2023-12-31 | 1.1 M |
Argan Historical Income Statement
Argan Inc Income Statement is one of the three primary financial statements used for reporting Argan's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Argan Inc revenue and expense. Argan Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Argan's Selling General Administrative is fairly stable compared to the past year. Minority Interest is likely to rise to 0.00 in 2024, whereas Depreciation And Amortization is likely to drop slightly above 2.3 M in 2024. View More FundamentalsArgan Stock Against Markets
Picking the right benchmark for Argan stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Argan stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Argan is critical whether you are bullish or bearish towards Argan Inc at a given time. Please also check how Argan's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Argan without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Argan Corporate Directors
Argan corporate directors refer to members of an Argan board of directors. The board of directors generally takes responsibility for the Argan's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Argan's board members must vote for the resolution. The Argan board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Henry Crumpton | Independent Director | Profile | |
| Mano Koilpillai | Independent Director | Profile | |
| William Leimkuhler | Independent Director | Profile | |
| John Jeffrey | Independent Director | Profile |
How to buy Argan Stock?
Before investing in Argan, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Argan. To buy Argan stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Argan. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Argan stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Argan Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Argan Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Argan Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Argan Stock please use our How to Invest in Argan guide.
Already Invested in Argan Inc?
The danger of trading Argan Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Argan is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Argan. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Argan Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Argan Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Argan's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Argan Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Argan Inc Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argan Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Argan Inc information on this page should be used as a complementary analysis to other Argan's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Argan Stock analysis
When running Argan's price analysis, check to measure Argan's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Argan is operating at the current time. Most of Argan's value examination focuses on studying past and present price action to predict the probability of Argan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argan's price. Additionally, you may evaluate how the addition of Argan to your portfolios can decrease your overall portfolio volatility.
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Is Argan's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Argan. If investors know Argan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Argan listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.10) | Dividend Share 1.1 | Earnings Share 2.39 | Revenue Per Share 42.898 | Quarterly Revenue Growth 0.385 |
The market value of Argan Inc is measured differently than its book value, which is the value of Argan that is recorded on the company's balance sheet. Investors also form their own opinion of Argan's value that differs from its market value or its book value, called intrinsic value, which is Argan's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Argan's market value can be influenced by many factors that don't directly affect Argan's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Argan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Argan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Argan's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.