A share price of Argan, Inc [AGX] is currently trading at $142.99, up 9.35%. An important factor to consider is whether the stock is rising or falling in short-term value. The AGX shares have gain 7.37% over the last week, with a monthly amount drifted -4.05%, and not 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 December 03, 2024, when Lake Street downgraded its rating to a Hold and also boosted its price target to $150 from $85. Previously, CJS Securities upgraded its rating to Market Outperform on September 22, 2020. On March 28, 2018, upgrade upgraded it’s rating to Buy but maintained its price target of $56 on the stock. Lake Street downgraded its rating to a Hold and decreased its price target to $56 on December 07, 2017. Lake Street reiterated its recommendation of a Buy and raised its price target to $71 on June 08, 2017. Avondale downgraded its rating to Mkt Perform for this stock on December 08, 2016. In a note dated June 09, 2016, Lake Street initiated an Buy rating and provided a target price of $56 on this stock.
Argan, Inc experienced fluctuations in its stock price throughout the past year between $44.35 and $191.46. Currently, Wall Street analysts expect the stock to reach $85 within the next 12 months. Argan, Inc [NYSE: AGX] shares were valued at $142.99 at the most recent close of the market. An investor can expect a potential drop of -40.56% based on the average AGX price forecast.
Analyzing the AGX fundamentals
Trailing Twelve Months sales for Argan, Inc [NYSE:AGX] were 806.26M which represents 56.95% growth. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.22 and Total Capital is 0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
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 135.89 points at the first support level, and at 128.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 147.15, and for the 2nd resistance point, it is at 151.31.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Argan, Inc [NYSE:AGX] is 1.64. On the other hand, the Quick Ratio is 1.64, and the Cash Ratio is 0.4. Considering the valuation of this stock, the price to sales ratio is 2.41, the price to book ratio is 5.90 and price to earnings (TTM) ratio is 29.95.
Transactions by insiders
Recent insider trading involved Rainer H Bosselmann, Director, that happened on Jan 22 ’25 when 25000.0 shares were purchased. Director, Leimkuhler William F. completed a deal on Jan 21 ’25 to buy 4500.0 shares. Meanwhile, Director Getsinger Peter W sold 7385.0 shares on Jan 14 ’25.
