Symbols / AGX Stock $651.68 +5.98% Argan, Inc.

Industrials • Engineering & Construction • United States • NYQ
AGX (Stock) Chart
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About

Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, maintenance, project development, and technical consulting services to the power generation market in the United States, Republic of Ireland, and the United Kingdom. It operates through three segments: Power, Industrial, and Teledata. Its Power segment offers engineering, procurement, and construction, as well as designing, building, and commissioning of large-scale energy projects; and design, construction, project management, start-up, and operation, as well as provides technical consulting services; and turbine, boiler, and large rotating equipment. This segment serves independent power producers, public utilities, power plant equipment suppliers, and other commercial firms. The company's Industrial segment provides field services that support new plant construction and additions; maintenance turnarounds; shutdowns and emergency mobilizations for industrial plants; and fabricates, delivers, and installation of metal components, such as piping systems and pressure vessels. Its Teledata segment offers trenchless directional boring and excavation for underground communication and power networks; aerial cabling; high and low voltage electric lines; and private area outdoor lighting systems, as well as installs buried cable. It also provides structured cabling, terminations, and connectivity that offers the physical transport for high-speed data, voice, video, and security networks; and utility construction services and comprehensive technology wiring solutions. This segment serves electricity cooperative, state and federal government agencies, counties and municipalities, and technology-oriented government contracting firms, as well as customers in the mid-Atlantic region of the United States. Argan, Inc. was incorporated in 1961 and is headquartered in Arlington, Virginia.

Stock Fundamentals
Scroll to Statements
Market Cap 9.10B Enterprise Value 8.20B Income 137.77M Sales 944.61M Book/sh 33.13 Cash/sh 64.17
Dividend Yield 31.00% Payout 17.97% Employees 1409 IPO — P/E 67.11 Forward P/E 43.68
PEG — P/S 9.63 P/B 19.67 P/C — EV/EBITDA 59.86 EV/Sales 8.68
Quick Ratio 1.56 Current Ratio 1.59 Debt/Eq 1.38 LT Debt/Eq — EPS (ttm) 9.71 EPS next Y 14.92
EPS Growth 55.80% Revenue Growth 12.70% Earnings 2026-06-03 ROA 8.33% ROE 33.85% ROIC —
Gross Margin 20.31% Oper. Margin 18.19% Profit Margin 14.59% Shs Outstand 13.96M Shs Float 13.38M Short Float 5.96%
Short Ratio 1.23 Short Interest — 52W High 651.99 52W Low 141.25 Beta 0.46 Avg Volume 476.36K
Volume 271.17K Target Price $473.20 Recom None Prev Close $614.92 Price $651.68 Change 5.98%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$473.20
Mean price target
2. Current target
$651.68
Latest analyst target
3. DCF / Fair value
$439.60
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$651.68
Low
$375.00
High
$550.00
Mean
$473.20

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-27 main Goldman Sachs Buy → Buy $518
2026-03-27 main Lake Street Hold → Hold $375
2026-03-27 up JP Morgan Neutral → Overweight $550
2026-03-10 init Freedom Broker — → Hold $425
2025-12-05 down Lake Street Buy → Hold $325
2025-12-01 down JP Morgan Overweight → Neutral $370
2025-11-10 up GLJ Research Hold → Buy $369
2025-10-13 up JP Morgan Neutral → Overweight $315
2025-09-22 init GLJ Research — → Hold $251
2025-09-05 main Lake Street Buy → Buy $260
2025-07-21 init JP Morgan — → Neutral $220
2025-06-05 main Lake Street Buy → Buy $236
2025-03-28 up Lake Street Hold → Buy —
2024-12-06 down CJS Securities Market Outperform → Market Perform $150
2024-12-03 down Lake Street Buy → Hold $150
2024-06-07 main Lake Street Buy → Buy $85
2024-04-12 main Lake Street Buy → Buy $70
2018-03-28 up Lake Street Hold → Buy —
2017-12-07 down Lake Street Buy → Hold —
2014-10-21 init Singular Research — → Buy $41
News
RSS: Latest AGX news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-21 JEFFREY JOHN RONALD JR. Director — 3,636 $615.40 $2,237,594
2026-04-21 JEFFREY JOHN RONALD JR. Director — 4,698 $37.13 $174,437
2026-04-21 COLLINS CHARLES EDWIN IV Officer — 13,568 $610.00 $8,404,979
2026-04-21 COLLINS CHARLES EDWIN IV Officer — 13,568 $33.81 $539,704
2026-04-17 COLLINS CHARLES EDWIN IV Officer — 9,314 — —
2026-04-17 BAUGHER JOSHUA SCOTT Chief Financial Officer — 1,149 — —
2026-04-17 WATSON DAVID HIBBERT Chief Executive Officer — 19,310 $602.11 $11,626,744
2026-04-17 WATSON DAVID HIBBERT Chief Executive Officer — 22,176 — —
2026-04-16 LARROQUE ALEXANDER LISA Director — 700 — —
2026-04-16 BAUGHER JOSHUA SCOTT Chief Financial Officer — 600 $605.60 $363,360
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2026-01-31 2025-01-31 2024-01-31 2023-01-31
Total Revenue
944.61
+8.06%
874.18
+52.47%
573.33
+26.00%
455.04
Operating Revenue
944.61
+8.06%
874.18
+52.47%
573.33
+26.00%
455.04
Cost Of Revenue
750.93
+2.42%
733.19
+48.87%
492.50
+33.58%
368.68
Reconciled Cost Of Revenue
750.93
+2.42%
733.19
+48.87%
492.50
+33.58%
368.68
Gross Profit
193.68
+37.37%
140.99
+74.42%
80.83
-6.40%
86.36
Operating Expense
58.98
+11.71%
52.79
+18.97%
44.38
-0.71%
44.69
Selling General And Administration
58.98
+11.71%
52.79
+18.97%
44.38
-0.71%
44.69
Total Expenses
809.90
+3.04%
785.98
+46.40%
536.88
+29.88%
413.37
Operating Income
134.70
+52.73%
88.19
+141.91%
36.46
-12.51%
41.67
Total Operating Income As Reported
134.70
+52.73%
88.19
+141.91%
36.46
-12.51%
41.67
EBITDA
140.87
+50.10%
93.86
+132.45%
40.38
-14.47%
47.21
Normalized EBITDA
140.87
+50.10%
93.86
+132.45%
40.38
-14.47%
47.21
Reconciled Depreciation
6.17
+9.06%
5.66
+44.42%
3.92
-29.22%
5.54
EBIT
134.70
+52.73%
88.19
+141.91%
36.46
-12.51%
41.67
Total Unusual Items
—
—
0.00
0.00
Total Unusual Items Excluding Goodwill
—
—
0.00
0.00
Special Income Charges
—
—
0.00
0.00
Write Off
—
—
0.00
0.00
Net Income
137.77
+61.22%
85.46
+164.10%
32.36
-2.24%
33.10
Pretax Income
160.51
+44.34%
111.20
+127.26%
48.93
+6.38%
46.00
Other Income Expense
25.81
+12.16%
23.01
+84.44%
12.47
+188.04%
4.33
Other Non Operating Income Expenses
25.81
+12.16%
23.01
+84.44%
12.47
+188.04%
4.33
Tax Provision
22.73
-11.69%
25.75
+55.32%
16.57
+46.73%
11.30
Tax Rate For Calcs
0.00
-38.79%
0.00
-31.56%
0.00
+38.05%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
137.77
+61.22%
85.46
+164.10%
32.36
-6.76%
34.70
Net Income From Continuing Operation Net Minority Interest
137.77
+61.22%
85.46
+164.10%
32.36
-2.24%
33.10
Net Income From Continuing And Discontinued Operation
137.77
+61.22%
85.46
+164.10%
32.36
-2.24%
33.10
Net Income Continuous Operations
137.77
+61.22%
85.46
+164.10%
32.36
-6.76%
34.70
Minority Interests
—
0.00
0.00
+100.00%
-1.61
Normalized Income
137.77
+61.22%
85.46
+164.10%
32.36
-2.24%
33.10
Net Income Common Stockholders
137.77
+61.22%
85.46
+164.10%
32.36
-2.24%
33.10
Diluted EPS
9.74
+58.37%
6.15
+157.32%
2.39
+2.58%
2.33
Basic EPS
10.00
+57.48%
6.35
+162.40%
2.42
+2.98%
2.35
Basic Average Shares
13.77
+2.41%
13.45
+0.62%
13.37
-5.10%
14.08
Diluted Average Shares
14.15
+1.73%
13.91
+2.64%
13.55
-4.43%
14.18
Diluted NI Availto Com Stockholders
137.77
+61.22%
85.46
+164.10%
32.36
-2.24%
33.10
Line Item Trend 2026-01-31 2025-01-31 2024-01-31 2023-01-31
Total Assets
1,186.35
+41.87%
836.23
+39.78%
598.23
+22.22%
489.49
Current Assets
1,132.26
+44.92%
781.30
+42.79%
547.18
+24.73%
438.70
Cash Cash Equivalents And Short Term Investments
894.98
+70.43%
525.14
+27.34%
412.40
+26.72%
325.46
Cash And Cash Equivalents
339.48
+133.70%
145.26
-26.27%
197.03
+13.27%
173.95
Other Short Term Investments
555.50
+46.23%
379.87
+76.38%
215.37
+42.15%
151.51
Receivables
213.09
-11.26%
240.14
+111.05%
113.78
+26.09%
90.24
Accounts Receivable
133.68
-23.96%
175.81
+271.48%
47.33
-5.60%
50.13
Gross Accounts Receivable
133.68
-24.78%
177.71
+261.74%
49.13
-5.59%
52.03
Allowance For Doubtful Accounts Receivable
—
-1.90
-5.56%
-1.80
+5.26%
-1.90
Other Receivables
43.40
+52.65%
28.43
-41.00%
48.19
+94.48%
24.78
Taxes Receivable
36.02
+16.64%
30.88
+69.05%
18.27
+19.18%
15.33
Inventory
10.98
+3330.63%
0.32
-96.80%
9.98
-16.11%
11.90
Raw Materials
10.98
+3330.63%
0.32
-96.80%
9.98
-16.11%
11.90
Prepaid Assets
5.79
+0.64%
5.75
-4.71%
6.04
+32.90%
4.54
Other Current Assets
7.42
-25.46%
9.95
+100.12%
4.97
-24.24%
6.56
Total Non Current Assets
54.10
-1.51%
54.93
+7.59%
51.05
+0.52%
50.78
Net PPE
24.61
+0.40%
24.52
+32.23%
18.54
+12.68%
16.45
Gross PPE
45.96
+0.69%
45.64
+13.73%
40.13
+6.44%
37.71
Accumulated Depreciation
-21.34
-1.02%
-21.13
+2.15%
-21.59
-1.60%
-21.25
Properties
0.00
0.00
0.00
0.00
Land And Improvements
0.94
+0.00%
0.94
+8.46%
0.86
+0.00%
0.86
Buildings And Improvements
20.88
-2.72%
21.46
+39.11%
15.43
+13.61%
13.58
Machinery Furniture Equipment
24.14
+3.86%
23.24
-2.51%
23.84
+2.49%
23.26
Construction In Progress
—
—
—
—
Other Properties
—
—
—
6.02
Goodwill And Other Intangible Assets
29.48
-1.26%
29.86
-1.29%
30.25
-1.28%
30.64
Goodwill
28.03
+0.00%
28.03
+0.00%
28.03
+0.00%
28.03
Other Intangible Assets
1.45
-20.59%
1.83
-17.64%
2.22
-15.02%
2.61
Non Current Deferred Assets
0.00
-100.00%
0.55
-75.56%
2.26
-38.76%
3.69
Non Current Deferred Taxes Assets
0.00
-100.00%
0.55
-75.56%
2.26
-38.76%
3.69
Total Liabilities Net Minority Interest
724.09
+49.49%
484.37
+57.63%
307.29
+47.32%
208.59
Current Liabilities
711.26
+48.22%
479.86
+58.76%
302.26
+49.26%
202.50
Payables And Accrued Expenses
154.04
+3.99%
148.13
+52.29%
97.27
+12.60%
86.39
Payables
107.54
+10.53%
97.30
+146.42%
39.48
-29.96%
56.38
Accounts Payable
107.54
+10.53%
97.30
+146.42%
39.48
-29.96%
56.38
Current Accrued Expenses
46.50
-8.54%
50.84
-12.03%
57.79
+92.54%
30.01
Pensionand Other Post Retirement Benefit Plans Current
40.73
+36.82%
29.77
+40.39%
21.21
+15.97%
18.29
Current Debt And Capital Lease Obligation
2.52
-7.16%
2.71
-0.59%
2.73
+73.96%
1.57
Current Capital Lease Obligation
2.52
-7.16%
2.71
-0.59%
2.73
+73.96%
1.57
Current Deferred Liabilities
513.97
+71.76%
299.24
+65.28%
181.05
+88.09%
96.26
Current Deferred Revenue
513.97
+71.76%
299.24
+65.28%
181.05
+88.09%
96.26
Total Non Current Liabilities Net Minority Interest
12.84
+184.40%
4.51
-10.28%
5.03
-17.36%
6.09
Non Current Deferred Liabilities
6.55
0.00
—
—
Non Current Deferred Taxes Liabilities
6.55
0.00
—
—
Other Non Current Liabilities
6.28
+39.15%
4.51
-10.28%
5.03
-17.36%
6.09
Stockholders Equity
462.26
+31.38%
351.86
+20.94%
290.94
+3.57%
280.90
Common Stock Equity
462.26
+31.38%
351.86
+20.94%
290.94
+3.57%
280.90
Capital Stock
2.37
+0.00%
2.37
+0.00%
2.37
+0.00%
2.37
Common Stock
2.37
+0.00%
2.37
+0.00%
2.37
+0.00%
2.37
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
15.83
+0.00%
15.83
+0.00%
15.83
+0.00%
15.83
Ordinary Shares Number
13.95
+2.32%
13.63
+2.96%
13.24
-1.48%
13.44
Treasury Shares Number
1.88
-14.43%
2.19
-15.15%
2.59
+8.34%
2.39
Additional Paid In Capital
167.23
-1.03%
168.97
+2.91%
164.18
+1.22%
162.21
Retained Earnings
406.20
+38.78%
292.70
+29.80%
225.51
+8.50%
207.83
Gains Losses Not Affecting Retained Earnings
0.82
+112.51%
-6.54
-81.76%
-3.60
-25.07%
-2.88
Treasury Stock
114.36
+8.25%
105.64
+8.32%
97.53
+10.03%
88.64
Minority Interest
—
—
—
0.00
Other Equity Adjustments
0.82
+112.51%
-6.54
-81.76%
-3.60
-25.07%
-2.88
Total Equity Gross Minority Interest
462.26
+31.38%
351.86
+20.94%
290.94
+3.57%
280.90
Total Capitalization
462.26
+31.38%
351.86
+20.94%
290.94
+3.57%
280.90
Working Capital
421.00
+39.66%
301.44
+23.08%
244.92
+3.69%
236.20
Invested Capital
462.26
+31.38%
351.86
+20.94%
290.94
+3.57%
280.90
Total Debt
2.52
-7.16%
2.71
-0.59%
2.73
+73.96%
1.57
Capital Lease Obligations
2.52
-7.16%
2.71
-0.59%
2.73
+73.96%
1.57
Net Tangible Assets
432.78
+34.40%
322.00
+23.52%
260.69
+4.17%
250.25
Tangible Book Value
432.78
+34.40%
322.00
+23.52%
260.69
+4.17%
250.25
Notes Receivable
0.00
-100.00%
5.02
0.00
—
Line Item Trend 2026-01-31 2025-01-31 2024-01-31 2023-01-31
Operating Cash Flow
414.72
+147.47%
167.58
+43.41%
116.86
+488.74%
-30.06
Cash Flow From Continuing Operating Activities
414.72
+147.47%
167.58
+43.41%
116.86
+488.74%
-30.06
Net Income From Continuing Operations
137.77
+61.22%
85.46
+164.10%
32.36
-6.76%
34.70
Depreciation Amortization Depletion
6.17
+9.06%
5.66
+44.42%
3.92
-29.22%
5.54
Depreciation
1.91
+0.37%
1.91
-5.37%
2.01
-32.52%
2.98
Amortization Cash Flow
4.26
+13.48%
3.75
+97.01%
1.91
-25.37%
2.55
Depreciation And Amortization
6.17
+9.06%
5.66
+44.42%
3.92
-29.22%
5.54
Amortization Of Intangibles
4.26
+13.48%
3.75
+97.01%
1.91
-25.37%
2.55
Other Non Cash Items
-0.77
-134.09%
2.26
+170.97%
-3.18
-251.66%
-0.90
Stock Based Compensation
7.87
+76.39%
4.46
+0.11%
4.46
+12.56%
3.96
Provisionand Write Offof Assets
—
—
0.00
-100.00%
0.09
Asset Impairment Charge
—
—
0.00
0.00
Deferred Tax
6.28
+236.73%
1.86
+39.91%
1.33
+141.24%
-3.23
Deferred Income Tax
6.28
+236.73%
1.86
+39.91%
1.33
+141.24%
-3.23
Operating Gains Losses
—
0.15
+15.38%
0.13
+111.68%
-1.11
Change In Working Capital
257.39
+279.17%
67.88
-12.94%
77.97
+212.98%
-69.01
Change In Receivables
27.29
+125.07%
-108.85
-427.19%
-20.65
+52.12%
-43.12
Changes In Account Receivables
42.25
+132.85%
-128.61
-4752.97%
2.76
+111.89%
-23.25
Change In Payables And Accrued Expense
28.64
-56.76%
66.23
+346.57%
14.83
+63.25%
9.08
Change In Other Working Capital
214.73
+81.68%
118.19
+39.38%
84.79
+368.09%
-31.63
Change In Other Current Assets
-13.26
-72.61%
-7.68
-665.04%
-1.00
+69.99%
-3.35
Investing Cash Flow
-182.02
+5.99%
-193.62
-186.38%
-67.61
-7.11%
-63.12
Cash Flow From Continuing Investing Activities
-182.02
+5.99%
-193.62
-186.38%
-67.61
-7.11%
-63.12
Net PPE Purchase And Sale
-3.88
+41.11%
-6.58
-138.86%
-2.76
+18.27%
-3.37
Purchase Of PPE
-3.88
+41.11%
-6.58
-138.86%
-2.76
+18.27%
-3.37
Capital Expenditure
-3.88
+41.11%
-6.58
-138.86%
-2.76
+18.27%
-3.37
Net Investment Purchase And Sale
-171.65
-3.59%
-165.69
-177.35%
-59.74
+0.01%
-59.75
Purchase Of Investment
-376.65
-19.60%
-314.92
-43.48%
-219.49
+12.12%
-249.75
Sale Of Investment
205.00
+37.37%
149.23
-6.59%
159.75
-15.92%
190.00
Net Business Purchase And Sale
-11.52
+29.40%
-16.32
-219.38%
-5.11
0.00
Purchase Of Business
-11.52
+29.40%
-16.32
-219.38%
-5.11
0.00
Net Other Investing Changes
5.02
+200.00%
-5.02
—
—
Financing Cash Flow
-42.59
-63.44%
-26.06
-0.04%
-26.05
+68.54%
-82.80
Cash Flow From Continuing Financing Activities
-42.59
-63.44%
-26.06
-0.04%
-26.05
+68.54%
-82.80
Net Common Stock Issuance
-9.88
-548.10%
-1.52
+87.77%
-12.46
+81.73%
-68.24
Common Stock Payments
-9.88
-548.10%
-1.52
+87.77%
-12.46
+81.73%
-68.24
Common Stock Dividend Paid
-24.27
-32.88%
-18.27
-24.42%
-14.68
-5.21%
-13.96
Cash Dividends Paid
-24.27
-32.88%
-18.27
-24.42%
-14.68
-5.21%
-13.96
Repurchase Of Capital Stock
-9.88
-548.10%
-1.52
+87.77%
-12.46
+81.73%
-68.24
Proceeds From Stock Option Exercised
-8.44
-34.65%
-6.27
-671.38%
1.10
+1562.12%
0.07
Net Other Financing Charges
—
—
—
-0.68
Changes In Cash
190.11
+464.95%
-52.09
-324.52%
23.20
+113.18%
-175.99
Effect Of Exchange Rate Changes
4.11
+1177.02%
0.32
+377.59%
-0.12
+78.48%
-0.54
Beginning Cash Position
145.26
-26.27%
197.03
+13.27%
173.95
-50.37%
350.47
End Cash Position
339.48
+133.70%
145.26
-26.27%
197.03
+13.27%
173.95
Free Cash Flow
410.84
+155.18%
161.00
+41.10%
114.10
+441.29%
-33.43
Income Tax Paid Supplemental Data
—
30.83
+115.62%
14.30
+114.51%
6.67
Earnings Losses From Equity Investments
—
0.15
+15.38%
0.13
+111.68%
-1.11
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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