Here is how Argan (AGX) and Masco (MAS) have performed compared to their sector so far this year.
Argan, Inc. (AGX) Q1 2027 Earnings Call Transcript
Argan (AGX) came out with quarterly earnings of $3.24 per share, beating the Zacks Consensus Estimate of $2.27 per share. This compares to earnings of $1.6 per share a year ago.
Argan NYSE: AGX reported record fiscal first-quarter revenue and sharply higher earnings, as construction activity accelerated across its power projects and the company benefited from improved project execution and margins.
AGX is set to report Q1 FY27 results on June 4; EPS is seen at $2.27 and revenues at $252.5M, boosted by U.S. gas power projects and data-center demand.
AGX's backlog more than doubles to $2.9B as power infrastructure demand fuels growth and margin expansion.
ALHC, AGX, CIEN and WK make the cut as the top liquid stocks, each boasting strong liquidity, growth attributes and operational efficiency.
Investors need to pay close attention to AGX stock based on the movements in the options market lately.
Here is how Argan (AGX) and Simpson Manufacturing (SSD) have performed compared to their sector so far this year.
AGX's Q4 EBITDA rises to $56M, and the margin expands to 21.4% as Trumbull finishes early - execution may be becoming a moat.
I am rating Argan a strong buy rating because its record $2.9Bn backlog, debt-free balance sheet and exposure to AI-driven power demand give it rare earnings visibility. AGX's growth should be driven by backlog conversion, new power plant awards, data center-related infrastructure and margin expansion from better project execution. My price target of $886 from the current price of $720 represents a 23% upside potential. The PT is not based on multiple expansions but rather EBITDA growing into it.
ALHC, AGX, CIEN, and SIMO make the cut as the top liquid stocks, each boasting strong liquidity, growth attributes and operational efficiency.