Argan Inc Stock News

Argan found using ticker (AGX) have now 2 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 61 and 50 and has a mean target at 55.5. Given that the stocks previous close was at 38.51 this indicates there is a potential upside of 44.1%. The 50 day moving average now sits at 42.84 and the 200 moving average now moves to 46.8. The market cap for the company is $589m. Visit the company website at: https://www.arganinc.com [stock_market_widget type="chart" symbol="AGX" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Argan, 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 three segments: Power Industry Services, Industrial Fabrication and Field Services, and Telecommunications Infrastructure Services. The Power Industry Services segment offers engineering, procurement, and construction (EPC) 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.

Morgan Stanley raised its stake in shares of Argan, Inc. (NYSE:AGX) by 1,105.0% in the second quarter, Holdings Channel reports. The institutional investor owned 65,527 shares of the construction companys stock after buying an additional 60,089 shares during the quarter. Morgan Stanleys holdings in Argan were worth $3,132,000 as of its most recent SEC filing. []

Argan (NYSE:AGX) announced its earnings results on Wednesday. The construction company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.31, Yahoo Finance reports. Argan had a return on equity of 12.88% and a net margin of 8.46%. Shares of Argan stock traded down $0.92 on Friday, reaching […]

Argan (NYSE:AGX) released its quarterly earnings data on Wednesday. The construction company reported $0.78 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.47 by $0.31, Yahoo Finance reports. Argan had a net margin of 8.46% and a return on equity of 12.88%. AGX traded down $0.25 on Friday, hitting $38.26. The company []

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (Argan or the Company) today announced financial results for its third quarter ended October 31, 2021. For additional information, please read the Companys Quarterly Report on Form 10-Q, which the Company intends to file today with the U.S. Securities and Exchange Commission (the SEC). The Quarterly Report can be retrieved from the SECs website at www.sec.gov or from the Companys website at www.arganinc.com. Summary Information (

Prem Watsa’s 13F portfolio value decreased from $3.11B to $3.07B this quarter. Fairfax Financial’s largest three stakes are Atlas Corp., BlackBerry, and Resolute Forest Products.

Argan, Inc. (NYSE:AGX)s stock price reached a new 52-week low during trading on Friday . The stock traded as low as $40.10 and last traded at $40.32, with a volume of 229 shares traded. The stock had previously closed at $41.60. The company has a market capitalization of $637.86 million, a PE ratio of 15.09 []

Argan, Inc. (AGX) shares closed today at 1.1% above its 52 week low of $40.02, giving the company a market cap of $637M. The stock is currently down 7.6% year-to-date, down 10.4% over the past 12 months, and down 30.2% over the past five years. This week, the Dow Jones Industrial Average fell 1.9%, and the S&P 500 fell 2.1%. Trading Activity Trading volume this week was 10.2% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.9. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Industrials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -127.9% The company's stock price performance over the past 12 months lags the peer average by -126.9% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -151.6% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

State Street Corp boosted its position in Argan, Inc. (NYSE:AGX) by 7.3% during the 2nd quarter, Holdings Channel.com reports. The fund owned 303,532 shares of the construction companys stock after buying an additional 20,545 shares during the quarter. State Street Corps holdings in Argan were worth $14,506,000 at the end of the most recent quarter. []

Goldman Sachs Group Inc. boosted its position in Argan, Inc. (NYSE:AGX) by 545.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 102,870 shares of the construction companys stock after acquiring an additional 86,929 shares during the quarter. Goldman Sachs Group Inc. owned 0.65% []

Northern Trust Corp raised its stake in shares of Argan, Inc. (NYSE:AGX) by 1.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 163,160 shares of the construction companys stock after acquiring an additional 2,330 shares during the quarter. Northern Trust Corps holdings in []

ROCKVILLE, Md.--(BUSINESS WIRE)--The Board of Directors of Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today declared a regular quarterly cash dividend in the amount of $0.25 per share

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced financial results for its second quarter ended July 31, 2021. For additional information, pl