Argan, Inc. (NYSE:AGX) Given Average Recommendation of “Moderate Buy” by Analysts

Posted by Stanley Muller on Aug 13th, 2026

Shares of Argan, Inc. (NYSE:AGX – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the eight analysts that are presently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $470.40.

A number of research analysts have commented on the company. Lake Street Capital boosted their price objective on Argan from $375.00 to $600.00 and gave the stock a “hold” rating in a research note on Friday, June 5th. Weiss Ratings downgraded shares of Argan from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday. Finally, Zacks Research lowered shares of Argan from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th.

Check Out Our Latest Report on Argan

Insider Transactions at Argan

In other Argan news, Director Peter W. Getsinger sold 4,728 shares of Argan stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $708.65, for a total transaction of $3,350,497.20. Following the sale, the director directly owned 6,880 shares in the company, valued at $4,875,512. The trade was a 40.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Cynthia Flanders sold 2,596 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $666.31, for a total value of $1,729,740.76. Following the completion of the transaction, the director directly owned 23,144 shares in the company, valued at approximately $15,421,078.64. The trade was a 10.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 127,973 shares of company stock valued at $87,554,828 in the last three months. 2.99% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Argan

Institutional investors have recently made changes to their positions in the company. Millennium Management LLC increased its stake in Argan by 12.2% during the first quarter. Millennium Management LLC now owns 117,805 shares of the construction company’s stock valued at $15,452,000 after purchasing an additional 12,854 shares during the last quarter. NewEdge Advisors LLC boosted its position in shares of Argan by 118.3% during the first quarter. NewEdge Advisors LLC now owns 5,316 shares of the construction company’s stock worth $697,000 after buying an additional 2,881 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Argan by 13.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 35,567 shares of the construction company’s stock worth $4,665,000 after buying an additional 4,196 shares in the last quarter. Intech Investment Management LLC grew its holdings in Argan by 37.3% in the 1st quarter. Intech Investment Management LLC now owns 8,985 shares of the construction company’s stock worth $1,179,000 after buying an additional 2,442 shares in the last quarter. Finally, Hsbc Holdings PLC acquired a new stake in Argan in the 2nd quarter valued at approximately $286,000. 79.43% of the stock is currently owned by institutional investors.

Argan Trading Down 0.8%

Shares of AGX stock opened at $573.96 on Thursday. The company’s fifty day simple moving average is $646.08 and its 200-day simple moving average is $571.86. Argan has a 52 week low of $197.00 and a 52 week high of $805.75. The company has a market cap of $8.05 billion, a PE ratio of 50.44 and a beta of 0.61.

Argan (NYSE:AGX – Get Free Report) last announced its quarterly earnings results on Thursday, June 4th. The construction company reported $3.24 earnings per share for the quarter, topping analysts’ consensus estimates of $2.31 by $0.93. Argan had a net margin of 15.48% and a return on equity of 36.89%. The firm had revenue of $290.95 million during the quarter, compared to analysts’ expectations of $256.03 million. During the same period in the prior year, the company earned $1.60 EPS. The firm’s revenue was up 50.2% on a year-over-year basis. Equities research analysts expect that Argan will post 12.6 EPS for the current fiscal year.

Argan Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Thursday, July 23rd were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Thursday, July 23rd. Argan’s payout ratio is presently 17.57%.

Argan Company Profile

(Get Free Report)

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.