Argan Inc Stock Buy Hold or Sell Recommendation
| AGX Stock | USD 61.92 1.23 2.03% |
Considering the 90-day investment horizon and complete risk avoidance on your part, our recommendation regarding Argan Inc is 'Strong Sell'. Macroaxis provides Argan buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Argan positions. The advice algorithm takes into account all of Argan's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Argan's buy or sell advice are summarized below:
Real Value 55.43 | Target Price 53.5 | Hype Value 61.43 | Market Value 61.92 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Argan Inc given historical horizon and risk tolerance towards Argan. When Macroaxis issues a 'buy' or 'sell' recommendation for Argan Inc, the advice is generated through an automated system that utilizes algorithms and statistical models.
Argan |
Execute Argan Buy or Sell Advice
The Argan recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Argan Inc. Macroaxis does not own or have any residual interests in Argan Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Argan's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Very Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Argan Trading Alerts and Improvement Suggestions
| Argan Inc appears to be risky and price may revert if volatility continues | |
| Argan Inc is unlikely to experience financial distress in the next 2 years | |
| Argan Inc has a very strong financial position based on the latest SEC filings | |
| Over 85.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from investing.com: Disposition of 6256 shares by Richard Deily of Argan at 61.15 subject to Rule 16b-3 |
Argan Returns Distribution Density
The distribution of Argan's historical returns is an attempt to chart the uncertainty of Argan's future price movements. The chart of the probability distribution of Argan daily returns describes the distribution of returns around its average expected value. We use Argan Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Argan returns is essential to provide solid investment advice for Argan.
| Mean Return | 0.50 | Value At Risk | -2.17 | Potential Upside | 2.75 | Standard Deviation | 2.97 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Argan historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Argan Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Argan is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Argan Inc backward and forwards among themselves. Argan's institutional investor refers to the entity that pools money to purchase Argan's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Azarias Capital Management, L.p. | 2023-12-31 | 180.5 K | Royce & Associates, Lp | 2023-12-31 | 180 K | Millennium Management Llc | 2023-12-31 | 165 K | John G Ullman & Associates Inc | 2023-12-31 | 162.1 K | Aqr Capital Management Llc | 2023-12-31 | 161.8 K | American Century Companies Inc | 2023-12-31 | 139.7 K | Jpmorgan Chase & Co | 2023-12-31 | 138.5 K | Northern Trust Corp | 2023-12-31 | 135 K | Acadian Asset Management Llc | 2023-12-31 | 129.2 K | Blackrock Inc | 2023-12-31 | 1.4 M | River Road Asset Management, Llc | 2023-12-31 | 1.1 M |
Argan Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 3.0M | 199.3M | (16.2M) | (176.5M) | 23.1M | 24.2M | |
| Free Cash Flow | 46.5M | 173.0M | 27.0M | (33.4M) | 114.1M | 119.8M | |
| Depreciation | 4.6M | 4.6M | 4.2M | 3.7M | 2.4M | 2.0M | |
| Other Non Cash Items | 6.8M | 2.5M | 14.1M | (195K) | (1.7M) | (1.6M) | |
| Capital Expenditures | 7.1M | 1.7M | 1.4M | 3.4M | 2.8M | 2.0M | |
| Net Income | (40.7M) | 23.8M | 35.7M | 34.7M | 32.4M | 34.0M | |
| End Period Cash Flow | 167.4M | 366.7M | 350.5M | 173.9M | 197.0M | 111.1M | |
| Change Receivables | (324K) | 8.5M | (480K) | (25.0M) | (22.5M) | (21.4M) | |
| Dividends Paid | 15.6M | 47.0M | 15.7M | 14.0M | (14.7M) | (13.9M) | |
| Change To Netincome | 561K | 11.2M | 14.0M | (288K) | (331.2K) | (314.6K) | |
| Investments | (29M) | 70M | (5.0M) | (59.8M) | (67.6M) | (71.0M) |
Argan Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Argan or Construction & Engineering sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Argan's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Argan stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.50 | |
β | Beta against NYSE Composite | -0.15 | |
σ | Overall volatility | 3.03 | |
Ir | Information ratio | 0.14 |
Argan Volatility Alert
Argan Inc has relatively low volatility with skewness of 5.21 and kurtosis of 36.21. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Argan's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Argan's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Argan Fundamentals Vs Peers
Comparing Argan's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Argan's direct or indirect competition across all of the common fundamentals between Argan and the related equities. This way, we can detect undervalued stocks with similar characteristics as Argan or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Argan's fundamental indicators could also be used in its relative valuation, which is a method of valuing Argan by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Argan to competition |
| Fundamentals | Argan | Peer Average |
| Return On Equity | 0.11 | -0.31 |
| Return On Asset | 0.0419 | -0.14 |
| Profit Margin | 0.06 % | (1.27) % |
| Operating Margin | 0.07 % | (5.51) % |
| Current Valuation | 412.74 M | 16.62 B |
| Shares Outstanding | 13.24 M | 571.82 M |
| Shares Owned By Insiders | 5.21 % | 10.09 % |
| Shares Owned By Institutions | 85.11 % | 39.21 % |
| Number Of Shares Shorted | 68.01 K | 4.71 M |
| Price To Earning | 24.72 X | 28.72 X |
| Price To Book | 2.72 X | 9.51 X |
| Price To Sales | 1.38 X | 11.42 X |
| Revenue | 573.33 M | 9.43 B |
| Gross Profit | 83.96 M | 27.38 B |
| EBITDA | 38.86 M | 3.9 B |
| Net Income | 32.36 M | 570.98 M |
| Cash And Equivalents | 173.95 M | 2.7 B |
| Cash Per Share | 22.98 X | 5.01 X |
| Total Debt | 5.32 M | 5.32 B |
| Debt To Equity | 0.01 % | 48.70 % |
| Current Ratio | 2.66 X | 2.16 X |
| Book Value Per Share | 21.97 X | 1.93 K |
| Cash Flow From Operations | 116.86 M | 971.22 M |
| Short Ratio | 1.19 X | 4.00 X |
| Earnings Per Share | 2.39 X | 3.12 X |
| Target Price | 65.0 | |
| Number Of Employees | 1.21 K | 18.84 K |
| Beta | 0.48 | -0.15 |
| Market Capitalization | 819.83 M | 19.03 B |
| Total Asset | 623.58 M | 29.47 B |
| Retained Earnings | 225.51 M | 9.33 B |
| Working Capital | 244.92 M | 1.48 B |
| Current Asset | 350.61 M | 9.34 B |
Note: Disposition of 4167 shares by Rainer Bosselmann of Argan subject to Rule 16b-3 [view details]
Argan Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Argan . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Argan Buy or Sell Advice
When is the right time to buy or sell Argan Inc? Buying financial instruments such as Argan Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 3.7M | 1.6M | 5.3M | 2.8M | Total Assets | 553.6M | 489.5M | 623.6M | 654.8M |
Use Investing Ideas to Build Portfolios
In addition to having Argan in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Real Estate Thematic Idea Now
Real Estate
Publicly traded companies that are involved in real estate development, property maintenance and management of real estate investment trusts (REIT) funds. The Real Estate theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Real Estate Theme or any other thematic opportunities.
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Check out Argan Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Argan Inc information on this page should be used as a complementary analysis to other Argan's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Argan Stock analysis
When running Argan's price analysis, check to measure Argan's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Argan is operating at the current time. Most of Argan's value examination focuses on studying past and present price action to predict the probability of Argan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argan's price. Additionally, you may evaluate how the addition of Argan to your portfolios can decrease your overall portfolio volatility.
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Is Argan's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Argan. If investors know Argan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Argan listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.10) | Dividend Share 1.1 | Earnings Share 2.39 | Revenue Per Share 42.898 | Quarterly Revenue Growth 0.385 |
The market value of Argan Inc is measured differently than its book value, which is the value of Argan that is recorded on the company's balance sheet. Investors also form their own opinion of Argan's value that differs from its market value or its book value, called intrinsic value, which is Argan's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Argan's market value can be influenced by many factors that don't directly affect Argan's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Argan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Argan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Argan's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.