Argan, Inc. Aktie News

Generally, the idea of selling securities rankles the public's nerve, yet trimming overbought stocks is just as important a discipline as knowing what to buy. It might be even more important than the latter concept.

Argan earned $2.39 per share in its fiscal 2024, a bit better than fiscal 2023 and ahead of investor expectations. Analysts expect Argan to grow earnings much faster in fiscal 2025 -- which is this year.

Argan, Inc. (NYSE:AGX ) Q4 2024 Earnings Conference Call April 11, 2024 5:00 PM ET Company Participants Jennifer Belodeau - IMS Investor Relations David Watson - President & Chief Executive Officer Hank Deily - Senior Vice President, Chief Financial Officer, Treasurer & Corporate Secretary Conference Call Participants Rob Brown - Lake Street Capital Chris Moore - CJS Securities Operator Good ev...

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces financial results for its fourth quarter and fiscal year ended January 31, 2024. The Company will host an investor conference call today, April 11, 2024, at 5:00 p.m. ET. Consolidated Financial Highlights ($ in thousands, except per share data)                   January 31,     For the Quarter En...

Argan operates as an EPC in the power generation sector, specializing in the design, construction, and commissioning of power facilities. AGX stock has low beta and low correlation to the market, making it less cyclical and potentially outperforming in the future. The future looks bright for Argan due to the forecasted growth in the utilities sector and the shift towards renewables in the power...

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced that the Company will release its fourth quarter and fiscal year-end 2024 financial results after the market closes on Thursday, April 11, 2024. Management will host a webcast with an accompanying slide presentation and conference call on Thursday, April 11, 2024, at 5:00 p.m. ET to discuss finan...

Argan, Inc. is a construction firm that offers power generation, industrial, and telecommunications infrastructure services. The company has shown strong dividend growth, raising it by 20% in September, supported by strong earnings. Argan has a strong balance sheet with no debt and engages in share buybacks, indicating good capital allocation.

After a decade of underperformance, I think Argan's stock could be at an inflection point as it is set to benefit from a favorable supply/demand environment and better capital allocation. High margin growth is especially lucrative for Argan as it would lead to significant cash generation given its lack of capex and inventory requirements. I see a path for the stock to hit $78 per share. This in...