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How to buy Argan (AGX) stock
Learn how to easily invest in Argan stock.
Argan, Inc is an engineering & construction business based in the US. Argan shares (AGX) are listed on the NYSE and all prices are listed in US Dollars. Argan employs 1,473 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in Argan
- Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – AGX – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
Argan stock price (NYSE: AGX)Use our graph to track the performance of AGX stocks over time.
Argan shares at a glance
|Latest market close||$49.10|
|52-week range||$38.55 - $55.42|
|50-day moving average||$47.09|
|200-day moving average||$48.73|
|Wall St. target price||$60.50|
|Dividend yield||$1 (2.24%)|
|Earnings per share (TTM)||$2.22|
Buy Argan shares from these brokeragesCompare special offers, low fees and a wide range of types of investments among top trading platforms.
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Argan stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Argan price performance over time
|1 week (2021-07-14)||N/A|
|1 month (2021-06-25)||2.46%|
|3 months (2021-04-21)||N/A|
|6 months (2021-01-21)||N/A|
|1 year (2020-07-21)||N/A|
|2 years (2019-07-21)||N/A|
|3 years (2018-07-21)||N/A|
|5 years (2016-07-21)||N/A|
Is Argan under- or over-valued?
Valuing Argan stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Argan's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Argan's P/E ratio
Argan's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, Argan shares trade at around 20x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Argan's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $47.8 million.
The EBITDA is a measure of a Argan's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$458.4 million|
|Operating margin TTM||9.42%|
|Gross profit TTM||$60.2 million|
|Return on assets TTM||4.77%|
|Return on equity TTM||10.59%|
|Market capitalisation||$694 million|
TTM: trailing 12 months
Shorting Argan shares
There are currently 151,780 Argan shares held short by investors – that's known as Argan's "short interest". This figure is 36.4% down from 238,481 last month.
There are a few different ways that this level of interest in shorting Argan shares can be evaluated.
Argan's "short interest ratio" (SIR)
Argan's "short interest ratio" (SIR) is the quantity of Argan shares currently shorted divided by the average quantity of Argan shares traded daily (recently around 92548.780487805). Argan's SIR currently stands at 1.64. In other words for every 100,000 Argan shares traded daily on the market, roughly 1640 shares are currently held short.
However Argan's short interest can also be evaluated against the total number of Argan shares, or, against the total number of tradable Argan shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Argan's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Argan shares in existence, roughly 10 shares are currently held short) or 0.0101% of the tradable shares (for every 100,000 tradable Argan shares, roughly 10 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Argan.
Find out more about how you can short Argan stock.
Argan share dividends
Dividend payout ratio: 89.44% of net profits
Recently Argan has paid out, on average, around 89.44% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.27% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Argan shareholders could enjoy a 2.27% return on their shares, in the form of dividend payments. In Argan's case, that would currently equate to about $1 per share.
Argan's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Argan's most recent dividend payout was on 29 July 2021. The latest dividend was paid out to all shareholders who bought their shares by 20 July 2021 (the "ex-dividend date").
Have Argan's shares ever split?
Argan's shares were split on a 1:15 basis on 8 October 2001. So if you had owned 15 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Argan shares – just the quantity. However, indirectly, the new 1400% higher share price could have impacted the market appetite for Argan shares which in turn could have impacted Argan's share price.
Argan share price volatility
Over the last 12 months, Argan's shares have ranged in value from as little as $38.5469 up to $55.4185. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Argan's is 0.5441. This would suggest that Argan's shares are less volatile than average (for this exchange).
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 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. 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, large fertilizer, mining, and petrochemical 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.
Stocks similar to Argan
Argan in the news
Argan, Inc. (AGX) Ex-Dividend Date Scheduled for July 21, 2021
Ex-Div Reminder for Argan
Four Days Left To Buy Argan, Inc. (NYSE:AGX) Before The Ex-Dividend Date
Frequently asked questionsWhat percentage of Argan is owned by insiders or institutions?
Currently 4.664% of Argan shares are held by insiders and 83.095% by institutions. How many people work for Argan?
Latest data suggests 1,473 work at Argan. When does the fiscal year end for Argan?
Argan's fiscal year ends in January. Where is Argan based?
Argan's address is: One Church Street, Rockville, MD, United States, 20850 What is Argan's ISIN number?
Argan's international securities identification number is: US04010E1091 What is Argan's CUSIP number?
Argan's Committee on Uniform Securities Identification Procedures number is: 00651F108
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