Argan

Argan, Inc. operates as a holding company, which engages in the provision of consulting, engineering, procurement, construction, commissioning, operations, and maintenance services to the power generation and renewable energy. It operates through the following business segments: Power Services, Telecom Services, Industrial Services, and Others. The company was founded in May 1961 and is headquartered in Rockville, MD.

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AGX reports fiscal 2023 revenue decline but strengthens financial position

AGX reported a decrease in revenues for fiscal 2023 but highlighted a strong financial position and increased share repurchase program. The backlog of projects reflects a stronger profile with mostly longer-term fully committed projects, presenting potential opportunities for sustained revenue generation. However, challenges include revenue decline and uncertainties related to project pipeline, labor availability, and specific project risks.

AGX reports 20% revenue growth and strong balance sheet in Q2 2023

AGX's Q2 2023 earnings call showcased impressive revenue growth, a strong balance sheet, and a robust project backlog. While the company's performance is strong, diversifying revenue streams beyond the Power Industry Services segment presents an opportunity for future growth.

AGX (AGX) reports 39% revenue growth and strong backlog

AGX (AGX) delivered impressive revenue growth, strong financial results, and a clear focus on shareholder value. The company's proactive approach to challenges and emphasis on long-term strategy bode well for future opportunities.

Argan reports solid earnings, eyes growth in clean energy sector

Argan, Inc. delivered strong financial results for Q4 2023 and fiscal year 2023, with a focus on shareholder value and growth in energy transition. Despite revenue declines in Q4, the company's robust balance sheet and increased share repurchase program demonstrate financial stability. Challenges include addressing operational factors impacting project execution and revenue recognition.

Argan (AGX) reports revenue growth but faces margin challenges

Argan's Q1 2024 performance saw revenue growth but lower margins and net income compared to the previous year.
The company's strengths lie in its position in the power industry and a robust project backlog.
Challenges include lower gross margins and a decline in net income, while opportunities exist in federal legislation and major projects.
Overall, Argan remains well-positioned for growth despite facing margin and income challenges in Q1 2024.

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Argan, Inc. is a construction company, which engages in the operations of its wholly owned subsidiaries. It operates through the following business segments: Power Industry Services, Telecommunications Infrastructure Services, and Industrial Fabrication and Field Services. The Power Industry Services segment includes engineering, procurement, construction, commissioning, maintenance, project development, and technical consulting services to the power generation market. The Telecommunications Infrastructure Services segment offers project management, construction, installation, and maintenance services. The Industrial Fabrication and Field Services segment provides primarily on-site services that support new plant construction and additions, maintenance turnarounds, shutdowns, and emergency mobilizations for industrial plants. It also operates through the United States, Republic of Ireland, United Kingdom, and Other geographical segments. The company was founded by Rainer H. Bosselmann in May 1961 and is headquartered in Rockville, MD.

Argan has tripled this year as the AI boom fueled massive gains. Energy demand will continue to grow, and the power grid offers an opportunity.

Energy Play Argan Sees Major Opportunities Beyond AI, Data Centers

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that its Board of Directors declared a regular quarterly cash dividend in the amount of $0.375 per common share. The dividend will be payable on January 31, 2025 to stockholders of record at the close of business on January 23, 2025. David Watson, President and Chief Executive Officer of Argan, commented, “We are pleased to declare a regular quarterly cash dividend of $0.375 per common share. We.

Argan, Inc. Declares Regular Quarterly Cash Dividend of $0.375 Per Common Share

Argan Inc. continues to show strong double-digit topline growth, driven by healthy demand and backlog conversion, positioning it for a robust FY25 finish. Margins are improving, benefiting from revenue growth and improved efficiencies. The company's strong pipeline, including significant projects and opportunities from rising energy demand supports continued revenue growth in the long-term.

Argan Is Still A Decent Buy After Q3 FY25 Earnings

Stock market followers often take interest in names that jump as much as 10% in a single session. It's even more intriguing to find that the stock has more than tripled year to date.

Why This Under-the-Radar Winning Stock Jumped Early Friday

Argan is growing revenues by 50-60% year-over-year and is starting to exhibit operating leverage through margin expansion. Concerns about the company's quarter to quarter backlog movements misses the bigger picture of AI tailwinds that are driving the company's earnings power. An enterprise to 1-year forward earnings ratio of 15x is too low for a fast-growing company like Argan that has long-term revenue drivers.

Argan Is A Bargain; Worrying About Backlog Is Missing The Bigger Picture

Argan reported better-than-expected fiscal third-quarter 2025 earnings and revenue late Thursday. The post Data Center Engineer EPS Soars 400% Amid 'Unprecedented Growth In Power Demand' appeared first on Investor's Business Daily.

Data Center Engineer EPS Soars 400% Amid 'Unprecedented Growth In Power Demand'

Argan, Inc. (NYSE:AGX ) Q3 2024 Earnings Conference Call December 5, 2024 5:00 PM ET Company Participants Jennifer Belodeau - IMS Investor Relations David Watson - Chief Executive Officer Joshua Baugher - Chief Financial Officer Conference Call Participants Chris Moore - CJS Securities Rob Brown - Lake Street Capital Operator Good evening, ladies and gentlemen, and welcome to the Argan, Inc. Earnings Release Conference Call for the Third Fiscal Quarter ended October 31, 2024. This call is being recorded.

Argan, Inc. (AGX) Q3 2024 Earnings Call Transcript

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces financial results for its third quarter of fiscal year 2025 ended October 31, 2024. The Company will host an investor conference call today, December 5, 2024, at 5:00 p.m. ET. Consolidated Financial Highlights ($ in thousands, except per share data)                           October 31,         For the Quarter Ended:   2024   2023   Change   Revenues   $ 257,008   $ 163,755   $ 93,253   Gross pro.

Argan, Inc. Reports Third Quarter Fiscal 2025 Results

Argan, Inc.'s stock surged 289.3% since my August 2023 “buy” rating, outperforming the S&P 500's 35.2% increase, but now appears fully valued. Impressive revenue growth in 2024, driven by Industrial Construction Services and Power Industry Services, but profitability metrics were mixed due to rising costs. Significant 2025 performance improvements, with revenue up 57% and net income nearly doubling, yet current valuations suggest a downgrade to “hold.”.

Argan: After Powering Higher, Shares Deserve A Downgrade

Argan shares have been down for two days, but the pullback may turn out to be just a blip and a buying opportunity. The post Data Center Play Powers To Highs After 73% Surge, But Carves Base Just In Time For Earnings appeared first on Investor's Business Daily.

Data Center Play Powers To Highs After 73% Surge, But Carves Base Just In Time For Earnings

Limbach Holdings

Powell Industries

Power Solutions

Sterling Construction

Industry 4.0 technologies are driving growth for Argan, Inc., Powell Industries, Limbach Holdings, and Sterling Infrastructure, with AGX potentially leading for 2025. Despite high valuations, AGX's strong balance sheet, no debt, and growing backlog make it the best long-term growth stock among the four. POWL and STRL show strong growth but face valuation concerns and potential volatility; both are rated Hold, similar to LMB.

Four Growth Stocks For The Fourth Industrial Revolution

Construction and engineering company Argan (AGX -4.00%) stumbled on the stock market Tuesday. Following news of an analyst's recommendation downgrade, investors sold out of the stock to leave it with a 4% decline over the trading session.

Why Argan Stock Tumbled by 4% on Tuesday

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The 'Undercovered' Dozen highlights 12 lesser-covered stocks, showcasing diverse investment opportunities and sparking community discussion on their potential. Xinyu Ru sees Argan, Inc. as undervalued with strong growth in gas and renewable energy projects, trading at 21x 1-year forward earnings. AES Corporation's sell-off creates a buying opportunity according to Zenzizenzike Investments due to strong fundamentals and potential upside despite renewable energy subsidy concerns.

Undercovered Dozen: Arqit Quantum, CleanSpark, Sezzle, STAG Industrial +

Argan's earnings power is set to grow at a rapid pace as a result of AI data centers driving increased demand for power. The current stock price does not price in increases in earnings of more than 50% year-over-year. The durability of the AI trend provides investors with the appropriate risk-reward balance.

Argan: AI Beneficiary Not Yet Fully Discovered

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced that the Company will release its third quarter fiscal 2025 financial results after the market closes on Thursday, December 5, 2024. Management will host a webcast with an accompanying slide presentation and conference call on Thursday, December 5, 2024 at 5:00 p.m. ET. Participants can access the live webcast by visiting this link. To access the call by phone, participants can use the following.

Argan, Inc. to Announce Third Quarter Fiscal 2025 Results and Host Conference Call on Thursday, December 5, 2024

24/7 Wall St. Insights Argan Inc. (NYSE: AGX) just rewarded its shareholders with a 25% dividend hike.

A 25% Dividend Hike: Here's How Much Investors Just Got

Argan's topline grew over 50% in H1 FY25, driven by strong demand and construction activity, particularly in the Power Services segment. The company's backlog exceeded $1 billion, supporting continued revenue growth, with strategic projects and collaborations positioning it well for long-term growth. Despite trading at a slight premium, AGX's robust growth prospect makes it a solid long-term buy.

Argan: Favorable Long Term Due To Robust Project Pipeline

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) is saddened to announce that board member W.G. Champion Mitchell passed away on October 8, 2024. Mr. Mitchell joined Argan's Board of Directors in October 2003 and served on the Executive Committee and the Nominating/Corporate Governance Committee. In addition to his board position with Argan, he served on the boards of two privately held companies, Direct Brands, Inc. and The 41st Parameter, Inc. He was also a.

Argan, Inc. Announces the Passing of Board Member W.G. Champion Mitchell

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Small-cap stocks tend to benefit in a declining rate environment due to cheaper borrowing costs, increased investor risk appetite, and enhanced growth potential. While small-cap stocks can offer more upside than their large-cap counterparts, they can also come with higher volatility, which requires an added layer of analysis. SA Quant has identified five top Quant-rated small-cap stocks with positive factor grades, specifically momentum, growth, and profitability, that are well-positioned to benefit from the reduced rate environment.

Rate Cut Winners: Top 5 Small-Caps Ready For A Rally

Power plant builder Argan raised its quarterly dividend by 25% last night. The new dividend yield is 1.6%.

Why Argan Stock Just Popped 6%

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that on September 17, 2024, its Board of Directors declared a 25% increase in the quarterly cash dividend, raising it from $0.30 to $0.375 per common share. The dividend will be payable on October 31, 2024, to stockholders of record at the close of business on October 23, 2024. “We are pleased to announce today's dividend increase which reflects the strength of our financial performance and balan.

Argan, Inc. Increases Quarterly Dividend by 25% to $0.375 Per Common Share

Argan has returned 77% since my first coverage 6 months ago propelled by strong earnings reports. AGX's earnings show that the company continues to execute well and has margins under control in an industry prone to cost overruns. In a world hungry for energy, Argan's business in the power generation market pits it well for a future with new energy requirements and also replacing carbon-intensive energy plants.

Argan Stock: Reiterating Strong Buy Post Q2 2025 Earnings

Argan, Inc. operates an engineering and construction conglomerate providing services primarily in the energy sector. Its last earnings report caused it to soar 25%+. This article looks at what in the report caused the jump. I also cover risks to the buy thesis and other potential headwinds and tailwinds for AGX.

The Market Thinks Argan, Inc. Earnings Were Incredible, I Agree

Argan's revenue jumped 61% in its last quarter. The company's backlog is rising, backed by demand for renewable energy.

Why Small-Cap Stock Argan Surged 34% Today to a 52-Week High

Argan, Inc. (NYSE:AGX ) Q2 2025 Earnings Conference Call September 5, 2024 5:00 PM ET Company Participants Jennifer Belodeau - IMS Investor Relations David Watson - President and Chief Executive Officer Hank Deily - Senior Vice President, Chief Financial Officer, Treasurer and Corporate Secretary Conference Call Participants Chris Moore - CJS Securities Rob Brown - Lake Street Capital Markets Operator Good evening, ladies and gentlemen, and welcome to the Argan, Inc. Earnings Release Conference Call for the Second Fiscal Quarter Ended July 31, 2024. This call is being recorded.

News for Argan Stock (AGX)