Argan, Inc. [AGX] stock is trading at $120.48, up 5.82%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The AGX shares have gain 11.75% over the last week, with a monthly amount glided 32.63%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Argan, Inc. [NYSE: AGX] stock has seen the most recent analyst activity on September 22, 2020, when CJS Securities upgraded its rating to a Market Outperform. Previously, Lake Street upgraded its rating to Buy on March 28, 2018, and kept the price target unchanged to $56. On December 07, 2017, downgrade downgraded it’s rating to Hold and revised its price target to $56 on the stock. Lake Street reiterated its Buy rating and increased its price target to $71 on June 08, 2017. Avondale downgraded its rating to a Mkt Perform. Lake Street started tracking with a Buy rating for this stock on June 09, 2016, and assigned it a price target of $56. In a note dated October 16, 2015, Wm Smith initiated an Not Rated rating and provided a target price of $45 on this stock.
Argan, Inc. [AGX] stock has fluctuated between $39.74 and $116.56 over the past year. Currently, Wall Street analysts expect the stock to reach $85 within the next 12 months. Argan, Inc. [NYSE: AGX] shares were valued at $120.48 at the most recent close of the market. An investor can expect a potential drop of -29.45% based on the average AGX price forecast.
Analyzing the AGX fundamentals
Argan, Inc. [NYSE:AGX] reported sales of 713.01M for the trailing twelve months, which represents a growth of 60.61%. Gross Profit Margin for this corporation currently stands at 0.13% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.15 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 112.02 points at the first support level, and at 103.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 125.81, and for the 2nd resistance point, it is at 131.15.
Ratios To Look Out For
For context, Argan, Inc.’s Current Ratio is 1.63. Also, the Quick Ratio is 1.61, while the Cash Ratio stands at 0.56. Considering the valuation of this stock, the price to sales ratio is 2.28, the price to book ratio is 5.28 and price to earnings (TTM) ratio is 37.86.
Transactions by insiders
Recent insider trading involved Flanders Cynthia, Director, that happened on Sep 25 ’24 when 5000.0 shares were sold. Director, Leimkuhler William F. completed a deal on Sep 23 ’24 to sell 10000.0 shares. Meanwhile, Director Leimkuhler William F. bought 10000.0 shares on Sep 23 ’24.
