AGX - Argan Inc Stock Price, Fair Value and News

61.00USD+0.95 (+1.58%)Market Closed

Market Summary

USD61.00+0.95

Market Closed

1.58%

AGX Alerts

Big jump in Revenue (Y/Y)

AGX Stock Price

View Fullscreen

AGX RSI Chart

AGX Valuation

Market Cap

807.6M

Price/Earnings (Trailing)

24.96

Price/Sales (Trailing)

1.41

EV/EBITDA

11.94

Price/Free Cashflow

7.08

AGX Price/Sales (Trailing)

AGX Profitability

Operating Margin

14.10%

EBT Margin

8.53%

Return on Equity

11.12%

Return on Assets

5.41%

Free Cashflow Yield

14.13%

AGX Fundamentals

AGX Revenue

Revenue (TTM)

573.3M

Rev. Growth (Yr)

38.54%

Rev. Growth (Qtr)

0.49%

AGX Earnings

Earnings (TTM)

32.4M

Earnings Growth (Yr)

-11.85%

Earnings Growth (Qtr)

119.95%

Breaking Down AGX Revenue

Last 7 days

21.3%

Last 30 days

21.5%

Last 90 days

29.9%

Trailing 12 Months

54.2%

How does AGX drawdown profile look like?

AGX Financial Health

Current Ratio

1.81

AGX Investor Care

Dividend Yield

1.8%

Dividend/Share (TTM)

1.1

Buy Backs (1Y)

1.16%

Diluted EPS (TTM)

2.39

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	573.3M	0	0	0
2023	455.0M	458.4M	481.7M	527.6M
2022	509.4M	483.3M	468.4M	461.8M
2021	392.2M	458.4M	503.9M	501.0M
2020	239.0M	249.6M	274.0M	343.0M
2019	482.2M	390.3M	316.7M	258.7M
2018	892.8M	803.7M	680.6M	564.1M
2017	675.0M	775.2M	872.5M	930.0M
2016	413.3M	458.1M	523.2M	584.7M
2015	383.1M	417.4M	412.8M	399.2M
2014	227.5M	232.0M	276.2M	340.3M
2013	278.6M	261.6M	236.8M	225.8M
2012	141.8M	189.5M	245.8M	276.7M
2011	182.6M	172.4M	162.2M	152.0M
2010	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Argan Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Jan 24, 2024	bosselmann rainer h	sold	-3,175,500	43.5	-73,000	-
Jan 23, 2024	bosselmann rainer h	sold	-754,800	44.4	-17,000	-
Jan 22, 2024	bosselmann rainer h	sold	-452,700	45.27	-10,000	-
Oct 12, 2023	flanders cynthia	bought	69,795	46.53	1,500	-
Oct 09, 2023	watson david hibbert	acquired	169,050	33.81	5,000	president and ceo
Oct 05, 2023	flanders cynthia	sold	-322,000	46.00	-7,000	-
Oct 05, 2023	flanders cynthia	bought	188,160	26.88	7,000	-
Sep 13, 2023	deily richard h	acquired	-	-	2,220	chief financial officer, svp
Jun 21, 2023	quinn james w	acquired	134,400	26.88	5,000	-
Jun 14, 2023	leimkuhler william f.	acquired	268,800	26.88	10,000	-

Which funds bought or sold AGX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 15, 2024	Ellsworth Advisors, LLC	new	-	627,167	627,167	0.18%
Apr 15, 2024	EXCHANGE TRADED CONCEPTS, LLC	reduced	-19.89	-56,116	360,502	0.01%
Apr 15, 2024	Legato Capital Management LLC	added	3.21	626,319	6,082,640	0.73%
Apr 15, 2024	Cardinal Capital Management	added	25.41	380,032	1,451,710	0.24%
Apr 10, 2024	Founders Capital Management	unchanged	-	1,500	20,216	0.01%
Apr 05, 2024	CWM, LLC	added	481	56,000	67,000	-%
Apr 05, 2024	GAMMA Investing LLC	unchanged	-	12.00	101	-%
Apr 05, 2024	LOS ANGELES CAPITAL MANAGEMENT LLC	reduced	-89.62	-1,880,280	237,437	-%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	reduced	-64.38	-207,145	119,642	-%
Mar 11, 2024	VANGUARD GROUP INC	added	2.46	1,687,460	33,408,500	-%

Are Funds Buying or Selling AGX?

Are funds buying AGX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AGX

No. of Funds

AGX Alerts

Big jump in Revenue (Y/Y)

Unveiling Argan Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.36%	714,009	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	6.0%	798,240	SC 13G/A
Jan 30, 2024	river road asset management, llc	8.3%	1,109,515	SC 13G/A
Jan 24, 2024	blackrock inc.	10.8%	1,436,745	SC 13G/A
Nov 07, 2023	blackrock inc.	10.2%	1,352,389	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	6.2%	841,091	SC 13G
Feb 09, 2023	vanguard group inc	5.15%	699,774	SC 13G/A
Feb 08, 2023	river road asset management, llc	13.0%	1,766,567	SC 13G/A
Jan 24, 2023	blackrock inc.	9.9%	1,347,896	SC 13G/A
Feb 14, 2022	ashford capital management inc	2.93%	460,043	SC 13G/A

Recent SEC filings of Argan Inc

View All Filings

Date Filed	Form Type	Document
Apr 17, 2024	144	Notice of Insider Sale Intent
Apr 11, 2024	8-K	Current Report
Apr 11, 2024	10-K	Annual Report
Feb 13, 2024	SC 13G/A	Major Ownership Report
Feb 09, 2024	SC 13G/A	Major Ownership Report
Jan 30, 2024	SC 13G/A	Major Ownership Report
Jan 24, 2024	SC 13G/A	Major Ownership Report
Jan 24, 2024	4	Insider Trading
Jan 22, 2024	144	Notice of Insider Sale Intent
Jan 18, 2024	8-K	Current Report

Peers (Alternatives to Argan Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CAT	182.8B	67.1B	1.81%	59.09%	17.69	2.73	12.84%	54.12%
GE	166.4B	68.0B	-8.37%	58.11%	17.56	2.45	16.96%	2688.24%
CMI	41.3B	34.1B	1.77%	23.41%	49.21	1.21	21.34%	-61.52%
AME	41.0B	6.6B	-2.20%	27.88%	31.19	6.21	7.26%	13.25%
ACM	12.7B	14.9B	0.99%	11.51%	205.12	0.85	12.31%	-81.65%
MID-CAP
APG	9.1B	6.9B	-1.93%	72.73%	59.68	1.32	5.64%	109.59%
FLR	6.7B	15.5B	-1.44%	29.52%	48.22	0.43	12.59%	-4.48%
FLS	6.0B	4.3B	2.54%	35.35%	32.09	1.39	19.51%	-1.03%
ACA	3.7B	2.3B	-4.75%	28.63%	23.13	1.6	2.90%	-35.23%
ALG	2.5B	1.7B	2.14%	15.15%	18.11	1.46	11.63%	33.59%
SMALL-CAP
AMRC	967.7M	1.4B	-11.42%	-60.02%	15.49	0.7	-24.65%	-34.19%
NKLA	881.5M	35.8M	6.67%	-34.56%	-0.91	24.6	-27.93%	-23.21%
AGX	807.6M	573.3M	21.48%	54.20%	24.96	1.41	26.00%	-2.24%
AMSC	365.1M	135.4M	-10.74%	179.53%	-22.26	2.7	-25.90%	65.37%
ADES	240.0M	99.2M	24.27%	262.81%	-19.59	2.42	-3.69%	-37.37%

Argan Inc News

Latest updates

Argan Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	0.5%	165	164	141	104	119	118	118	100	126	124	133	126	117	127	87.00	60.00	68.00	58.00	63.00	50.00	88.00
Cost Of Revenue	-2.5%	141	145	118	89.00	99.00	96.00	94.00	81.00	103	98.00	105	103	95.00	107	72.00	56.00	63.00	52.00	60.00	71.00	81.00
Gross Profit	22.9%	24.00	19.00	24.00	14.00	20.00	22.00	24.00	20.00	22.00	26.00	28.00	24.00	22.00	20.00	16.00	4.00	5.00	6.00	3.00	-21.03	7.00
S&GA Expenses	4.7%	12.00	11.00	11.00	11.00	10.00	13.00	11.00	11.00	16.00	12.00	10.00	10.00	10.00	9.00	9.00	10.00	12.00	12.00	10.00	10.00	10.00
EBITDA Margin	1.9%	0.09*	0.09*	0.09*	0.09*	0.11*	0.08*	0.09*	0.09*	0.10*	0.13*	-	-	-	-	-	-	-	-	-	-	-
Income Taxes	-19.1%	5.00	6.00	5.00	1.00	-3.21	3.00	10.00	2.00	0.00	3.00	4.00	4.00	2.00	2.00	1.00	-4.45	-2.12	2.00	-6.41	-0.52	-0.14
Earnings Before Taxes	46.4%	17.00	12.00	17.00	3.00	12.00	10.00	14.00	10.00	-0.19	16.00	17.00	15.00	12.00	11.00	7.00	-5.25	-9.34	-2.56	-5.43	-30.43	-2.43
EBT Margin	2.4%	0.09*	0.08*	0.09*	0.09*	0.10*	0.07*	0.08*	0.09*	0.09*	0.12*	-	-	-	-	-	-	-	-	-	-	-
Net Income	119.9%	12.00	5.00	13.00	2.00	14.00	8.00	4.00	7.00	2.00	12.00	13.00	11.00	10.00	9.00	6.00	-0.76	-7.19	-6.85	1.00	-29.80	-2.21
Net Income Margin	-12.4%	0.06*	0.06*	0.08*	0.06*	0.07*	0.05*	0.06*	0.07*	0.08*	0.09*	-	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-57.6%	24.00	57.00	35.00	-1.89	42.00	-18.16	-17.45	-39.97	-13.58	-5.60	-	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	6.1%	598	564	506	476	489	411	423	493	554	613	652	618	603	596	561	513	488	473	420	433	477
Current Assets	6.4%	547	514	455	425	439	365	378	448	507	560	598	559	546	539	503	456	422	406	353	373	416
Cash Equivalents	6.2%	197	186	205	196	174	136	143	192	350	392	451	397	367	353	382	263	167	252	171	132	164
Net PPE	2.2%	11.00	11.00	10.00	11.00	10.00	11.00	10.00	10.00	10.00	18.00	19.00	20.00	20.00	21.00	22.00	22.00	23.00	23.00	21.00	21.00	20.00
Goodwill	0%	28.00	28.00	28.00	28.00	28.00	28.00	28.00	28.00	28.00	28.00	28.00	28.00	28.00	28.00	28.00	28.00	28.00	31.00	31.00	31.00	33.00
Liabilities	10.2%	307	279	221	198	209	139	146	191	228	263	311	287	280	265	237	176	147	121	61.00	72.00	82.00
Current Liabilities	10.4%	302	274	216	192	203	135	142	186	223	259	307	283	276	261	233	173	144	119	59.00	71.00	81.00
Shareholder's Equity	2.1%	291	285	285	278	281	272	277	302	326	350	341	331	322	331	324	337	341	351	359	361	394
Retained Earnings	3.7%	226	217	216	207	208	198	193	192	189	190	182	173	166	176	171	185	189	200	211	214	248
Additional Paid-In Capital	0.6%	164	163	162	161	162	161	160	159	158	157	156	155	153	152	151	150	149	148	147	147	145
Shares Outstanding	-0.7%	13.00	13.00	13.00	13.00	13.00	14.00	15.00	15.00	15.00	16.00	16.00	16.00	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-0.80	-0.80	-0.80	-0.80	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	-0.48	-0.31	-0.20
Float	-	-	-	297	-	-	-	303	-	-	-	383	-	-	-	416	-	-	-	407	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-57.4%	24,595	57,710	35,801	-1,248	42,927	-16,212	-17,046	-39,730	-13,284	-5,485	29,838	17,346	33,453	39,659	62,714	40,187	37,664	69,065	-16,782	-36,382	-13,215
Share Based Compensation	-13.5%	1,038	1,200	1,200	1,034	848	1,100	1,100	920	959	900	900	700	701	800	800	600	588	600	513	413	378
Cashflow From Investing	91.9%	-5,722	-70,343	-20,292	28,750	-790	23,306	-400	-85,238	-1,830	-50,112	29,268	15,636	-1,618	-65,279	74,551	59,316	-118,750	16,735	58,942	7,015	25,767
Cashflow From Financing	-44.1%	-8,004	-5,556	-5,996	-6,494	-9,029	-13,480	-29,571	-30,723	-24,173	-3,574	-3,942	-2,919	-19,231	-3,401	-19,041	-3,733	-3,844	-3,911	-3,908	-2,328	-3,840
Dividend Payments	0.3%	3,997	3,987	3,342	3,357	3,368	3,396	3,480	3,712	-	-	-	-	-	-	-	-	-	-	-	-	-
Buy Backs	131.2%	3,997	1,729	3,057	3,681	4,984	10,084	26,091	27,077	-	-	-	-	-	-	-	-	-	-	-	-	-

AGX Income Statement

2024-01-31

CONSOLIDATED STATEMENTS OF EARNINGS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 31, 2024	Jan. 31, 2023	Jan. 31, 2022
CONSOLIDATED STATEMENTS OF EARNINGS
REVENUES	$ 573,333	$ 455,040	$ 509,370
Cost of revenues	492,499	368,679	409,638
GROSS PROFIT	80,834	86,361	99,732
Selling, general and administrative expenses	44,376	44,692	47,321
Impairment loss			7,901
INCOME FROM OPERATIONS	36,458	41,669	44,510
Other income, net	12,475	4,331	2,552
INCOME BEFORE INCOME TAXES	48,933	46,000	47,062
Income tax expense	16,575	11,296	11,356
NET INCOME	32,358	34,704	35,706
Net income (loss) attributable to non-controlling interest		1,606	(2,538)
NET INCOME ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC.	32,358	33,098	38,244
Foreign currency translation adjustments	(920)	(425)	(1,370)
Net unrealized gains on available-for-sale securities	199
COMPREHENSIVE INCOME ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC.	$ 31,637	$ 32,673	$ 36,874
NET INCOME PER SHARE ATTRIBUTABLE TO THE STOCKHOLDERS OF ARGAN, INC.
Basic (in dollars per share)	$ 2.42	$ 2.35	$ 2.43
Diluted (in dollars per share)	$ 2.39	$ 2.33	$ 2.40
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING
Basic (in shares)	13,365	14,083	15,715
Diluted (in shares)	13,548	14,176	15,913
CASH DIVIDENDS PER SHARE	$ 1.10	$ 1.00	$ 1.00

AGX Balance Sheet

2024-01-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jan. 31, 2024	Jan. 31, 2023
CURRENT ASSETS
Cash and cash equivalents	$ 197,032	$ 173,947
Investments	215,373	151,511
Accounts receivable, net	47,326	50,132
Contract assets	48,189	24,778
Other current assets	39,259	38,334
TOTAL CURRENT ASSETS	547,179	438,702
Property, plant and equipment, net	11,021	10,430
Goodwill	28,033	28,033
Intangible assets, net	2,217	2,609
Deferred taxes, net	2,259	3,689
Right-of-use and other assets	7,520	6,024
TOTAL ASSETS	598,229	489,487
CURRENT LIABILITIES
Accounts payable	39,485	56,375
Accrued expenses	81,721	49,867
Contract liabilities	181,054	96,261
TOTAL CURRENT LIABILITIES	302,260	202,503
Noncurrent liabilities	5,030	6,087
TOTAL LIABILITIES	307,290	208,590
COMMITMENTS AND CONTINGENCIES (see Notes 9 and 10)
STOCKHOLDERS' EQUITY
Preferred stock, par value $0.10 per share - 500,000 shares authorized; no shares issued and outstanding
Common stock, par value $0.15 per share - 30,000,000 shares authorized; 15,828,289 shares issued; 13,242,520 and 13,441,590 shares outstanding at January 31, 2024 and 2023, respectively	2,374	2,374
Additional paid-in capital	164,183	162,208
Retained earnings	225,507	207,832
Less treasury stock, at cost - 2,585,769 and 2,386,699 shares at January 31, 2024 and 2023, respectively	(97,528)	(88,641)
Accumulated other comprehensive loss	(3,597)	(2,876)
TOTAL STOCKHOLDERS' EQUITY	290,939	280,897
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 598,229	$ 489,487

About Argan Inc

Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, maintenance, project development, technical, and consulting services to the power generation market. The company operates through Power Industry Services, Industrial Fabrication and Field Services, and Telecommunications Infrastructure Services segments. The Power Industry Services segment offers engineering, procurement, and construction contracting services 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 16 gigawatts of power-generating capacity. This segment serves independent power project owners, public utilities, power plant equipment suppliers, and other commercial firms. The Industrial Fabrication and Field Services segment provides construction and field services and vessel fabrication services for fertilizer, lithium technology, engineering and construction, forest products, industrial gas, mining, and other companies in southeast region of the United States. The Telecommunications Infrastructure Services segment offers trenchless directional boring and excavation for underground communication and power networks, as well as aerial cabling services; and installs buried cable, high and low voltage electric lines, and private area outdoor lighting systems. It also provides structured cabling, terminations, and connectivity that offers the physical transport for high-speed data, voice, video, and security networks. This segment serves electricity cooperative, state and local government agencies, regional communications service providers, and other commercial customers, as well as contractors, other commercial firms, and federal government facilities in the mid-Atlantic region of the United States. Argan, Inc. was incorporated in 1961 and is headquartered in Rockville, Maryland.

CEO	Mr. David Hibbert Watson CPA
WEBSITE	arganinc.com
INDUSTRY	Apparel Manufacturing
EMPLOYEES	985

Argan Inc Frequently Asked Questions

What is the ticker symbol for Argan Inc? What does AGX stand for in stocks?

AGX is the stock ticker symbol of Argan Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Argan Inc (AGX)?

As of Wed Apr 17 2024, market cap of Argan Inc is 795.2 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AGX stock?

You can check AGX's fair value in chart for subscribers.

What is the fair value of AGX stock?

You can check AGX's fair value in chart for subscribers. The fair value of Argan Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Argan Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AGX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Argan Inc a good stock to buy?

The fair value guage provides a quick view whether AGX is over valued or under valued. Whether Argan Inc is cheap or expensive depends on the assumptions which impact Argan Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AGX.

What is Argan Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, AGX's PE ratio (Price to Earnings) is 24.58 and Price to Sales (PS) ratio is 1.39. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AGX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Argan Inc's stock?

In the past 10 years, Argan Inc has provided 0.108 (multiply by 100 for percentage) rate of return.