Argan, Inc (NYSE:AGX)’s traded shares stood at 0.38 million during the last session, with the company’s beta value hitting 0.43. At the close of trading, the stock’s price was $163.77, to imply an increase of 3.13% or $4.97 in intraday trading. The AGX share’s 52-week high remains $191.46, putting it -16.91% down since that peak but still an impressive 63.22% since price per share fell to its 52-week low of $60.23. The company has a valuation of $2.23B, with an average of 0.32 million shares in intraday trading volume over the past 10 days and average of 404.96K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Argan, Inc (AGX), translating to a mean rating of 2.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give AGX a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 1.09.
Argan, Inc (NYSE:AGX) trade information
After registering a 3.13% upside in the last session, Argan, Inc (AGX) has traded red over the past five days. The 5-day price performance for the stock is 8.06%, and 18.66% over 30 days. With these gigs, the year-to-date price performance is 19.51%. Short interest in Argan, Inc (NYSE:AGX) saw shorts transact 0.74 million shares and set a 1.63 days time to cover.
The extremes give us $85 and $85 for target low and target high price respectively. As such, AGX has been trading 48.1% off suggested target high and 48.1% from its likely low.
Argan, Inc (AGX) estimates and forecasts
The rating firms project that company’s revenue will grow 9.32% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 193.75M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 213.35M.Earnings reports from the last fiscal year show that sales brought in 157.68M and 227.01M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 22.87% before dropping -6.02% in the following quarter.
AGX Dividends
Argan, Inc has its next earnings report out on 2025-Mar-26. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Argan, Inc has a forward dividend ratio of 1.43, with the share yield ticking at 0.87% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 2.17%.
Argan, Inc (NYSE:AGX)’s Major holders
Argan, Inc insiders hold 4.50% of total outstanding shares, with institutional holders owning 91.46% of the shares at 95.77% float percentage. In total, 91.46% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 1.25 million shares (or 9.2969% of shares), all amounting to roughly $91.16 million.
The next major institution holding the largest number of shares is RIVER ROAD ASSET MANAGEMENT, LLC with 0.78 million shares, or about 5.8257% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $57.12 million.
We also have American Century ETF Trust-Avantis U.S. Small Cap Value ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Argan, Inc (AGX) shares. Going by data provided on Mar 31, 2025 , American Century ETF Trust-Avantis U.S. Small Cap Value ETF holds roughly 424.73 shares. This is just over 3.11% of the total shares, with a market valuation of $69.56 million. Data from the same date shows that the other fund manager holds a little less at 401.64, or 2.94% of the shares, all valued at about 65.78 million.
