Argan (NYSE:AGX – Get Free Report) is anticipated to post its Q2 2027 results after the market closes on Wednesday, September 2nd. Analysts expect Argan to post earnings of $2.64 per share and revenue of $300.5260 million for the quarter. Parties may review the information on the company’s upcoming Q2 2027 earning results page for the latest details on the call scheduled for Wednesday, September 2, 2026 at 5:00 PM ET.
Argan (NYSE:AGX – Get Free Report) last released its quarterly earnings results on Thursday, June 4th. The construction company reported $3.24 EPS for the quarter, topping analysts’ consensus estimates of $2.31 by $0.93. The business had revenue of $290.95 million during the quarter, compared to analysts’ expectations of $256.03 million. Argan had a net margin of 15.48% and a return on equity of 36.89%. The business’s quarterly revenue was up 50.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.60 EPS. On average, analysts expect Argan to post $13 EPS for the current fiscal year and $17 EPS for the next fiscal year.
Argan Stock Performance
Argan stock opened at $421.90 on Tuesday. The firm’s fifty day moving average price is $599.48 and its 200-day moving average price is $584.78. The stock has a market cap of $5.92 billion, a P/E ratio of 37.07 and a beta of 0.61. Argan has a fifty-two week low of $197.00 and a fifty-two week high of $805.75.
Argan Dividend Announcement
Insiders Place Their Bets
In other Argan news, CFO Joshua Scott Baugher sold 760 shares of the business’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $733.30, for a total value of $557,308.00. Following the completion of the sale, the chief financial officer directly owned 1,479 shares of the company’s stock, valued at $1,084,550.70. The trade was a 33.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Peter W. Getsinger sold 2,000 shares of the company’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $699.00, for a total transaction of $1,398,000.00. Following the sale, the director owned 4,880 shares of the company’s stock, valued at approximately $3,411,120. The trade was a 29.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 127,973 shares of company stock valued at $87,554,828 over the last three months. 2.99% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Argan
A number of large investors have recently bought and sold shares of the stock. National Bank of Canada FI lifted its position in Argan by 26.7% in the third quarter. National Bank of Canada FI now owns 147 shares of the construction company’s stock valued at $40,000 after purchasing an additional 31 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of Argan by 18.8% in the fourth quarter. Parallel Advisors LLC now owns 328 shares of the construction company’s stock worth $103,000 after purchasing an additional 52 shares during the last quarter. Advisory Services Network LLC grew its holdings in shares of Argan by 1.3% in the third quarter. Advisory Services Network LLC now owns 6,799 shares of the construction company’s stock worth $1,836,000 after purchasing an additional 88 shares during the last quarter. Captrust Financial Advisors increased its stake in shares of Argan by 6.9% in the fourth quarter. Captrust Financial Advisors now owns 1,415 shares of the construction company’s stock worth $443,000 after buying an additional 91 shares during the period. Finally, Danske Bank A S purchased a new position in shares of Argan in the third quarter worth $27,000. 79.43% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
AGX has been the topic of a number of research analyst reports. Zacks Research cut Argan from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 7th. Weiss Ratings raised Argan from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday. Lake Street Capital upped their price objective on Argan from $375.00 to $600.00 and gave the stock a “hold” rating in a report on Friday, June 5th. Finally, Wall Street Zen cut Argan from a “buy” rating to a “hold” rating in a report on Saturday, August 22nd. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $470.40.
Check Out Our Latest Analysis on Argan
About Argan
Argan, Inc (NYSE: AGX) is a holding company that provides professional technical and management services to the power generation and renewable energy industries. Through its wholly owned subsidiaries, the company delivers engineering, procurement and construction management (EPCM), commissioning and operations and maintenance (O&M) services for a broad range of energy facilities. Argan focuses on projects for utility, industrial and municipally owned clients, helping to bring efficient thermal and renewable energy plants into operation and maintain optimal performance over the asset life cycle.
The company’s principal subsidiaries include Gemma Power Systems, which specializes in turnkey construction of combined-cycle, simple-cycle, cogeneration and renewable energy plants; Atlantic Projects Company, which provides electrical balance-of-plant, control systems, instrumentation and commissioning services; and Infrastructure Solutions, which offers industrial maintenance, outage support and modification services.
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