In last trading session, Argan, Inc (NYSE:AGX) saw 0.34 million shares changing hands with its beta currently measuring 0.56. Company’s recent per share price level of $133.63 trading at -$8.91 or -6.25% at ring of the bell on the day assigns it a market valuation of $1.81B. That closing price of AGX’s stock is at a discount of -43.28% from its 52-week high price of $191.46 and is indicating a premium of 65.63% from its 52-week low price of $45.93.
For Argan, Inc (AGX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 1.14 in the current quarter.
Argan, Inc (NYSE:AGX) trade information
Upright in the red during last session for losing -6.25%, in the last five days AGX remained trading in the red while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $133.63 price level, adding 11.4% to its value on the day. Argan, Inc’s shares saw a change of -2.49% in year-to-date performance and have moved -9.79% in past 5-day. Argan, Inc (NYSE:AGX) showed a performance of -27.38% in past 30-days.
Wall Street analysts have assigned a consensus price target of 85 to the stock, which implies a fall of -57.21% to its current value. Analysts have been projecting 85 as a low price target for the stock while placing it at a high target of 85. It follows that stock’s current price would jump 36.39% in reaching the projected high whereas dropping to the targeted low would mean a gain of 36.39% for stock’s current value.
Argan, Inc (AGX) estimates and forecasts
This year revenue growth is estimated to rise 46.37% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 197.5M for the same. And 1 analysts are in estimates of company making revenue of 175.8M in the next quarter. Company posted 164.55M and 157.68M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -6.35% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 111.51% while estimates for its earnings growth in next 5 years are of 47.12%.
Argan, Inc (NYSE:AGX)’s Major holders
BLACKROCK INC. is the top institutional holder at AGX for having 1.25 million shares of worth $91.16 million. And as of 2024-06-30, it was holding 9.3993 of the company’s outstanding shares.
The second largest institutional holder is RIVER ROAD ASSET MANAGEMENT, LLC, which was holding about 0.78 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.8257 of outstanding shares, having a total worth of $57.12 million.
On the other hand, Global X Fds-Global X U.S. Infrastructure Development ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 496.54 shares of worth $66.35 million or 3.66% of the total outstanding shares. The later fund manager was in possession of 428.99 shares on Sep 30, 2024 , making its stake of worth around $57.33 million in the company or a holder of 3.16% of company’s stock.
