Argan Shares Climb on Increases in 4Q Profit, Revenue
Shares of Argan rose after the company reported a increase in fourth-quarter profit and revenue, partially fueled by sales growth in its power-industry-services segment.
Argan: Promising Long-Term Prospects, Maintain Buy
Argan, Inc. is a buy due to its energy-agnostic business model, robust growth, and strong balance sheet, despite high valuation risks. AGX has seen over 300% revenue growth in five years, with significant project wins and a growing backlog, driving stock performance. The company pays a growing dividend, indicating confidence in its financial health and future growth potential.
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Small-cap stocks are trading at historically low valuations, with the S&P 600 index TTM at a 15.33 discount compared to the 30.16 for large-cap S&P 500. While large-cap stocks outperformed small-caps in 2024, small-caps rallied double-digits through year-end, gaining against mega-caps. Despite 2025's market volatility, small-cap capitulation may be on the horizon, and we have ten stocks poised for potential upside that are Quant-rated Strong Buy.
Data Center Energy Provider Nears New Buy Point After 193% Gain
This energy stock is back near its all-time high in a new base. The company provides power to data centers.
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Energy Play Argan Sees Major Opportunities Beyond AI, Data Centers
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.
Argan Is Still A Decent Buy After Q3 FY25 Earnings
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.
Why This Under-the-Radar Winning Stock Jumped Early Friday
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.
Argan Is A Bargain; Worrying About Backlog Is Missing The Bigger Picture
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, Inc. (AGX) Q3 2024 Earnings Call Transcript
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: After Powering Higher, Shares Deserve A Downgrade
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.”.
