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- Market Cap.:
- $539.93 million
- Book Value:
- Revenue TTM:
- $461.83 million
- Operating Margin TTM:
- Gross Profit TTM:
- $97.63 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Argan Inc had its IPO on 1995-08-18 under the ticker symbol AGX.
The company operates in the Industrials sector and Engineering & Construction industry. Argan Inc has a staff strength of 1,358 employees.
Shares of Argan Inc opened at $40.09 at the start of the last trading session i.e. 2023-06-02.
The stocks traded within a range of $39.96 - $41.13, and closed at $41.07.
This is a +3.17% increase from the previous day's closing price.
A total volume of 67,562 shares were traded at the close of the day’s session.
In the last one week, shares of Argan Inc have slipped by -1.82%.
Argan Inc's Key Ratios
Argan Inc has a market cap of $539.93 million, indicating a price to book ratio of 1.7724 and a price to sales ratio of 1.0777.
In the last 12-months Argan Inc’s revenue was $461.83 million with a gross profit of $97.63 million and an EBITDA of $42.73 million. The EBITDA ratio measures Argan Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Argan Inc’s operating margin was 8.41% while its return on assets stood at 4.74% with a return of equity of 6.16%.
In Q3.3333333333333, Argan Inc’s quarterly earnings growth was a negative -28.2% while revenue growth was a negative 5.3%.
Argan Inc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $1.53 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Argan Inc’s profitability.
Argan Inc stock is trading at a EV to sales ratio of 0.4253 and a EV to EBITDA ratio of 4.5962. Its price to sales ratio in the trailing 12-months stood at 1.0777.
Argan Inc stock pays annual dividends of $1 per share, indicating a yield of 2.54% and a payout ratio of 73.53%.
Balance sheet and cash flow metrics
- Total Assets
- $410.90 million
- Total Liabilities
- $134.54 million
- Operating Cash Flow
- $23.31 million
- Capital Expenditure
- $1.94 million
- Dividend Payout Ratio
Argan Inc ended 2023 with $410.90 million in total assets and $0 in total liabilities. Its intangible assets were valued at $410.90 million while shareholder equity stood at $272.54 million.
Argan Inc ended 2023 with $0 in deferred long-term liabilities, $134.54 million in other current liabilities, 2374000.00 in common stock, $197.57 million in retained earnings and $28.03 million in goodwill. Its cash balance stood at $136.07 million and cash and short-term investments were $286.63 million. The company’s total short-term debt was $0 while long-term debt stood at $0.
Argan Inc’s total current assets stands at $364.97 million while long-term investments were $0 and short-term investments were $150.57 million. Its net receivables were $49.45 million compared to accounts payable of $45.27 million and inventory worth $0.
In 2023, Argan Inc's operating cash flow was $23.31 million while its capital expenditure stood at $1.94 million.
Comparatively, Argan Inc paid $0.74 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Argan Inc stock is currently trading at $41.07 per share. It touched a 52-week high of $41.31 and a 52-week low of $41.31. Analysts tracking the stock have a 12-month average target price of $53.5.
Its 50-day moving average was $40.26 and 200-day moving average was $37.03 The short ratio stood at 2.72 indicating a short percent outstanding of 0%.
Around 518.7% of the company’s stock are held by insiders while 8421.6% are held by institutions.
Frequently Asked Questions About Argan Inc
Similar Industry Stocks (Engineering & Construction)
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. 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 15 gigawatts of power-generating capacity. This segment serves independent power project owners, public utilities, power plant equipment suppliers, and energy plant construction companies. The Industrial Fabrication and Field Services segment provides industrial field, and pipe and vessel fabrication services for forest products, industrial gas, fertilizer, and mining 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 state and local government agencies, regional communications service providers, electric utilities, and other commercial customers, as well as federal government facilities comprising cleared facilities in the mid-Atlantic region of the United States. Argan, Inc. was incorporated in 1961 and is headquartered in Rockville, Maryland.