Handelsavisen
prelaunch
Companies ›Industrials ›AGX
AG
AGX — NYSE Diversified Construction & Engineering

Argan Inc

$598,25
Open in Charts → Attach watcher ⌖
— —
USD
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
8,5B USD
P/E
63,7x
EV / Rev
8,7x
Div yield
0,28 %
Op margin
14,3 %
ROE
29,1 %
Net margin
14,6 %
Debt / equity
—
Beta
—
52w range
—
Volume
—
Day range
—
Prev close
$579,87
Open
—
Next earnings
2026-08-28
Ex-dividend
—
TR 1Y
—
About

ARGAN INC is classified under Utilities / Electric Utilities and appears profitable on the latest normalized snapshot.

Business. Argan Inc (NYSE: AGX) is a diversified construction and engineering firm operating within the Industrials sector. The company provides construction and engineering services, generating revenue primarily through service-based models. Argan Inc is headquartered in the United States and is listed on the New York Stock Exchange under the ticker symbol AGX. Specific operating segments and geographic breakdowns are not disclosed in the available data.

Classification99 %
SectorIndustrials
Industry groupDiversified Construction & Engineering
Generated · rules-based
Sell-side consensus
BUY6 analysts
3 buy3 hold0 sell
Avg 12m price target648,60

Analyst recommendations

6 analysts · consensus Buy
Buy3
Hold3
Sell0
12-month price target
648,60
Consensus of sell-side coverage.
Upcoming events
  • EarningsQ2 2026 earnings (expected)2026-08-28 · estimated
See all catalysts →

At a glance

Score
—
not yet scored
Valuation→
63,7x
P/E
Analysts→
Buy
6 analysts · indicative
Ownership→
iShares Core S&P Small-Cap ETF
largest disclosed fund holder
Profitability→
29,1 %
return on equity
Quality
—
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning AGX.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials · THIS SECTOR−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to AGX. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Company
    • EarningsQ2 2026 earnings (expected)2026-08-28 · estimated
    • Peers
    • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated · Duke Energy (DUK)
    • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated · NextEra Energy (NEE)
    • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated · Southern Company (SO)
    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    Briefing · model-assisted

    Argan Inc (AGX) has entered the analysis scope for the first time, establishing a baseline for future monitoring with no prior data available for comparative delta computation. This initial snapshot reveals a company structure characterized by 32 top holders, though it currently lacks coverage from analysts, index memberships, or reported executive officers in the available dataset. The most notable activity involves a significant modification in the holdings of investor ID 587, flagged as a major severity event. Data detected on June 24, 2026, indicates this investor increased their position from 1 share to 920 shares as of March 31, 2026. This adjustment raised the value of their holding from $0.000555 million to $0.501078 million, shifting their portfolio weight from negligible levels to approximately 0.000289%. A subsequent data correction or reversal was detected the following day, on June 25, 2026, showing the same investor’s position reverting from 920 shares back to 1 share for the same March 31, 2026, reporting period. This rapid oscillation in reported holdings suggests a potential data reconciliation event or filing correction rather than a sustained change in investment strategy, as the net position returned to its original minimal state. Given the absence of analyst coverage and index membership, Argan Inc remains a niche entity with limited public market scrutiny. The volatility in the reported holdings for investor ID 587 highlights the importance of verifying data integrity in early-stage tracking, while the static nature of the company’s broader profile underscores the need for continued monitoring to identify any future material developments.

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Argan Inc (NYSE: AGX) is a diversified construction and engineering firm operating within the Industrials sector. The company provides construction and engineering services, generating revenue primarily through service-based models. Argan Inc is headquartered in the United States and is listed on the New York Stock Exchange under the ticker symbol AGX. Specific operating segments and geographic breakdowns are not disclosed in the available data.

    Classification99 %
    SectorIndustrials
    Industry groupDiversified Construction & Engineering
    AI synthesis
    GENERATED

    ARGAN INC (AGX) is currently classified as Electric Utilities within Electric Utilities (Utilities). Classification confidence: 0.81 (rule-based classification). Capital structure on the latest snapshot: total assets 1,286,438,000 USD, total equity 473,511,000, short-term debt 0, long-term debt 0. Net cash position is approximately 528,650,000 USD. Self-calculated market cap is 8,780,844,500 USD (market_price × shares_outstanding_diluted). Profitability profile: revenue 290,954,000, gross profit 61,114,000, operating income 45,395,000, net income 46,063,000. Return on equity ~29.1%. Return on assets ~10.7%. Operating-cash-flow to net-income ratio is 3.01. Risk profile from automated assessment: liquidity risk low, dilution risk medium. Flags: Source documents mention dilution or offering risk.. Recent news context: [TRIGGER] allocator_boost: allocator_boost (allocator) on AGX — watcher=allocator; producer_version=ws49-p2a-v2; plan_date=2026-07-31; rank=14; ev=8.73767; company_id=b940afcd-5c35-4e4d-97c0-a516007b6c70; jurisdiction=US; term_contributions={'event_proximity': 3.0, 'gradability': 2.0, 'staleness': 3.73767, 'credibility_interest': 0.0}; days_since_analysis=41; pending_promises=0; reason=Allocator coverage boost rank #14 EV=8.73767 for AGX (hot+stale; days_since=41); contributing_watchers=allocator (source=allocator; url=allocator:2026-07-31:AGX). Additional context: allocator_boost: watcher=allocator; producer_version=ws49-p2a-v2; plan_date=2026-07-31; rank=14; ev=8.73767; company_id=b940afcd-5c35-4e4d-97c0-a516007b6c70; jurisdiction=US; term_contributions={'event_proximity': 3.0, 'gradability': 2.0, 'staleness': 3.73767, 'credibility_interest': 0.0}; days_since_analysis=41; pending_promises=0; reason=Allocator coverage boost rank #14 EV=8.73767 for AGX (hot+stale; days_since=41); contributing_watchers=allocator. Comparable peers identified within the same class: Duke Energy, NextEra Energy, Southern Company.

    Argan Inc (AGX) has entered the analysis scope for the first time, establishing a baseline for future monitoring with no prior data available for comparative delta computation. This initial snapshot reveals a company structure characterized by 32 top holders, though it currently lacks coverage from analysts, index memberships, or reported executive officers in the available dataset. The most notable activity involves a significant modification in the holdings of investor ID 587, flagged as a major severity event. Data detected on June 24, 2026, indicates this investor increased their position from 1 share to 920 shares as of March 31, 2026. This adjustment raised the value of their holding from $0.000555 million to $0.501078 million, shifting their portfolio weight from negligible levels to approximately 0.000289%. A subsequent data correction or reversal was detected the following day, on June 25, 2026, showing the same investor’s position reverting from 920 shares back to 1 share for the same March 31, 2026, reporting period. This rapid oscillation in reported holdings suggests a potential data reconciliation event or filing correction rather than a sustained change in investment strategy, as the net position returned to its original minimal state. Given the absence of analyst coverage and index membership, Argan Inc remains a niche entity with limited public market scrutiny. The volatility in the reported holdings for investor ID 587 highlights the importance of verifying data integrity in early-stage tracking, while the static nature of the company’s broader profile underscores the need for continued monitoring to identify any future material developments.

    Key takeaways
    • Observed GAAP P/E is about 63.73x.
    • Return on equity is about 29.1%.
    • Debt to equity is about 0.0x.
    • [TRIGGER] allocator_boost: allocator_boost (allocator) on AGX — watcher=allocator; producer_version=ws49-p2a-v2; plan_date=2026-07-31; rank=14; ev=8.73767; company_id=b940afcd-5c35-4e4d-97c0-a516007b6c70; jurisdiction=US; term_contributions={'event_proximity': 3.0, 'gradability': 2.0, 'staleness': 3.73767, 'credibility_interest': 0.0}; days_since_analysis=41; pending_promises=0; reason=Allocator coverage boost rank #14 EV=8.73767 for AGX (hot+stale; days_since=41); contributing_watchers=allocator (source=allocator; url=allocator:2026-07-31:AGX)
    • Likely peers from the same classification include Duke Energy, NextEra Energy, Southern Company.
    • 9 ​ The Company’s intangible assets, other than goodwill, relate primarily to the Industrial segment and consisted of the following as of April 30, 2026 and January 31, 2026: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ April 30, 2026 ​ January 31, 2026 ​ ​ Estimated ​ Gross ​ Accumulated ​ Net ​ Gross ​ Accumulated ​ Net ​ ​ ​ ​ Useful Life ​ ​ ​ Amounts ​ ​ ​ Amortization ​ ​ ​ Amounts ​ ​ ​ Amounts ​ ​ ​ Amortization ​ ​ ​ Amounts Trade name ​ 15 years ​ $ 4,499 ​ $ 3,124 ​ $ 1,375 ​ $ 4,499 ​ $ 3,049 ​ $ 1,450 ​ There were no additions to intangible assets during the three months ended April 30, 2026 and 2025, nor were there any impairment losses related to intangible assets during these periods.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 4

    Argan generated $161 million in free cash flow for FY2025, demonstrating strong liquidity generation capabilities.

    The company achieved a 29.1% return on equity, significantly outperforming the 9.89% median of its construction cohort.

    Revenue grew at a 23.5% compound annual rate from FY2024 to FY2026, indicating robust top-line expansion.

    Cash conversion of 3.01 is best-in-class, exceeding the 1.11 median for the diversified construction sector.

    BEAR CASE · 1

    The company faces medium dilution risk, which could negatively impact existing shareholder value and earnings per share.

    In focus — financials by report

    Quarterly
    Annual
    QUARTERLYFiled 2026-04-30
    Q1 2026 · Quarter highlights

    Revenue $291.0M; Operating income $45.4M.

    Revenue$291.0M
    Operating income$45.4M
    Net income$46.1M
    Free cash flow$111.0M
    EPS—
    Operating cash flow$113.4M
    Financials
    Income statement
    Revenue$291.0M
    Gross profit$61.1M
    Operating income$45.4M
    Net income$46.1M
    Margins
    Gross margin21.0%
    Operating margin15.6%
    Net margin15.8%
    FCF margin38.1%
    Balance sheet
    Total assets$1.29B
    Total liabilities$812.9M
    Total equity$473.5M
    Cash & equivalents$355.8M
    Long-term debt—
    Cash flow
    Operating cash flow$113.4M
    CapEx$2.4M
    Free cash flow$111.0M
    SBC$2.0M
    P&L flow · revenue → net income
    Revenue $291.0MOperating costs $245.6MNet income $46.1M
    Highlights
    • ▍Revenue $291.0M
    • ▍Operating income $45.4M
    • ▍Net margin 15.8%

    Valuation FY

    Market price
    $598,25
    Market cap
    $8.78B
    Enterprise valueⓘ
    $8.25B
    P/Eⓘ
    63.7x
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    8.7x
    EV / Op incomeⓘ
    61.3x
    EV / OCFⓘ
    19.9x
    P / Bⓘ
    19.7x
    P / Tangible bookⓘ
    19.8x
    Tangible book
    $444.1M
    Net cashⓘ
    $528.6M
    Current ratioⓘ
    1.5
    Debt / equityⓘ
    —
    ROAⓘ
    10.7%
    ROEⓘ
    29.1%
    Cash conversionⓘ
    301.0%
    CapEx / revenueⓘ
    0.4%
    SBC / revenueⓘ
    0.8%
    Dilution ratioⓘ
    1.3%

    Revenue by segment

    Power Generation Construction80,1 %
    disclosed · sec_xbrl · 2026-01-31
    Industrial Construction & Maintenance17,7 %
    disclosed · sec_xbrl · 2026-01-31
    Telecom & Data Network Construction2,2 %
    disclosed · sec_xbrl · 2026-01-31

    Market share

    — missing data

    Business relationships

    Business relationships20 disclosed relationships · 1 type · extracted from filings & disclosures
    Subsidiaries20
    EX21:03ba91977fcdEX21:03ba91977fcdSubsidiarie97%
    EX21:07faf33865faEX21:07faf33865faSubsidiarie97%
    EX21:1c09927317baEX21:1c09927317baSubsidiarie97%
    EX21:2bf61a3bc850EX21:2bf61a3bc850Subsidiarie97%
    EX21:5e0fa83b92e1EX21:5e0fa83b92e1Subsidiarie97%
    EX21:6d1e9a3b4cf6EX21:6d1e9a3b4cf6Subsidiarie97%
    EX21:7bc476764e04EX21:7bc476764e04Subsidiarie97%
    EX21:7d7820f5c0daEX21:7d7820f5c0daSubsidiarie97%
    EX21:8b0a386f1895EX21:8b0a386f1895Subsidiarie97%
    EX21:8e1191cfb22eEX21:8e1191cfb22eSubsidiarie97%
    EX21:9d2825394621EX21:9d2825394621Subsidiarie97%
    EX21:a2b507ecb20fEX21:a2b507ecb20fSubsidiarie97%
    EX21:c2df069bcb22EX21:c2df069bcb22Subsidiarie97%
    EX21:ce10de37bd3eEX21:ce10de37bd3eSubsidiarie97%
    EX21:d96ca57fea2dEX21:d96ca57fea2dSubsidiarie97%
    EX21:dd8f5ac04575EX21:dd8f5ac04575Subsidiarie97%
    EX21:f048c8e57c08EX21:f048c8e57c08Subsidiarie97%
    EX21:f2d3c49ff13bEX21:f2d3c49ff13bSubsidiarie97%
    EX21:f2d4ae294922EX21:f2d4ae294922Subsidiarie97%
    EX21:f5dbb4566ecbEX21:f5dbb4566ecbSubsidiarie97%

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Segment revenue · next quarter
    No quarterly segment estimate
    Segment data is reported at full-fiscal-year granularity only — no quarterly segment split is forecast (a quarterly figure is never inferred from the annual). See the full-fiscal-year segment-revenue card below.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPS—no estimate—no estimate11,04
    Revenue—no estimate—no estimate1,3B USD
    Operating income—no estimate—no estimate174,8M USD
    Full-year consensus mean (period as reported by source) · consensus in USD. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Segment-revenue forecast · full fiscal year · native currency
    • Power Generation ConstructionFY2027 — next full year (forecast) · projected off FY2026 close, as of 2026-01-31 · conf —856,9MFORECAST
    • Industrial Construction & MaintenanceFY2027 — next full year (forecast) · projected off FY2026 close, as of 2026-01-31 · conf —189,8MFORECAST
    • Telecom & Data Network ConstructionFY2027 — next full year (forecast) · projected off FY2026 close, as of 2026-01-31 · conf —23,3MFORECAST
    • Power Generation ConstructionFY2026 — reported · conf —785,0MREPORTED
    • Power Generation ConstructionFY2025 — reported · conf —471,5MREPORTED
    • Industrial Construction & MaintenanceFY2026 — reported · conf —189,9MREPORTED
    • Industrial Construction & MaintenanceFY2025 — reported · conf —161,8MREPORTED
    • Telecom & Data Network ConstructionFY2025 — reported · conf —16,1MREPORTED
    • Telecom & Data Network ConstructionFY2026 — reported · conf —15,3MREPORTED
    Model estimate of reported / forward segment revenue in issuer-native currency. Confidence shown where the model calibrated it; "—" where not (never inferred).
    Corporate eventM&A horizon
    M&A probabilityconf 3 %
    Probability
    3 %
    Base rate
    3 %
    Band
    —
    180-day horizon · target 2027-01-20 · 1,0× base rate
    No acquirer candidates identified by the signal model.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution6 analysts
    Strong buy0
    Buy3
    Hold3
    Sell0
    Strong sell0
    12-month price target$504,00 · Median $518,00
    Low $375,00High $704,00
    Operating income · consensus174,8M USD
    EPS surprise
    −11,7 %
    reported vs consensus · miss
    Revenue surprise
    −24,5 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low$500,00
    Mean$648,60
    Median$700,00
    High$739,00
    Spot$598,25
    +8.4 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskMedium
    Liquidity riskLow
    Filing-based flags
    • Source documents mention dilution or offering risk.

    Benchmarks vs cohort

    Op Margin14,3 %Above median
    Net Margin14,6 %Above P75
    ROE29,1 %Above P75
    Capex / Rev0,4 %Above P75
    D/E0,00Above P75
    Cash Conv3,01Best in class

    Corporate actions / M&A

    M&A probabilityconf —
    Probability
    3 %
    Base rate
    3 %
    Band
    Low
    180-day horizon · target 2027-01-20 · 1,0× base rate
    No acquirer candidates identified by the signal model.
    Corporate actionsNo corporate-action source connected yet — splits, dividends and buyback events are not tracked for this company. Honest-dim (no data fabricated).

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    Derivative transactions

    Net disposed 76 066 sh37 exercises · 7 grants10 insiders
    • Jeffrey John Ronald Jr.Director · Option to Purchase Common Stock → Common StockDisposed 1 000 @ $43,70exercise · 2026-06-30
    • Jeffrey John Ronald Jr.Director · Option to Purchase Common Stock → Common StockDisposed 5 000 @ $35,72exercise · 2026-06-30
    • Baugher Joshua ScottChief Financial Officer · Option to Purchase Common Stock → Common StockDisposed 1 000 @ $61,22exercise · 2026-06-17
    • Watson David HibbertDirector, PRESIDENT AND CEO · Option to Purchase Common Stock → Common StockDisposed 667 @ $148,72exercise · 2026-06-16
    • Watson David HibbertDirector, PRESIDENT AND CEO · Option to Purchase Common Stock → Common StockDisposed 1 000 @ $61,22exercise · 2026-06-16
    • Watson David HibbertDirector, PRESIDENT AND CEO · Option to Purchase Common Stock → Common StockDisposed 1 666 @ $39,47exercise · 2026-06-16
    • Getsinger Peter WDirector · Option to Purchase Common Stock → Common StockDisposed 5 000 @ $35,72exercise · 2026-06-15
    • Leimkuhler William F.Director · Time-Based Restricted Stock Units → Common StockAcquired 189grant · 2026-06-10
    • Flanders CynthiaDirector · Time-Based Restricted Stock Units → Common StockDisposed 530exercise · 2026-06-10
    • Flanders CynthiaDirector · Time-Based Restricted Stock Units → Common StockAcquired 189grant · 2026-06-10
    • Sweeney KarenDirector · Time-Based Restricted Stock Unit → Common StockDisposed 530exercise · 2026-06-10
    • Sweeney KarenDirector · Time-Based Restricted Stock Unit → Common StockAcquired 189grant · 2026-06-10
    • Leimkuhler William F.Director · Time-Based Restricted Stock Units → Common StockDisposed 530exercise · 2026-06-10
    • Jeffrey John Ronald Jr.Director · Time-Based Restricted Stock Units → Common StockDisposed 530exercise · 2026-06-10
    • Jeffrey John Ronald Jr.Director · Time-Based Restricted Stock Units → Common StockAcquired 189grant · 2026-06-10
    • QUINN JAMES WDirector · Time-Based Restricted Stock Units → Common StockDisposed 530exercise · 2026-06-10
    • QUINN JAMES WDirector · Time-Based Restricted Stock Units → Common StockAcquired 189grant · 2026-06-10
    • Getsinger Peter WDirector · Time-Based Restricted Stock Units → Common StockDisposed 530exercise · 2026-06-10
    • Getsinger Peter WDirector · Time-Based Restricted Stock Units → Common StockAcquired 189grant · 2026-06-10
    • Larroque Alexander LisaDirector · Time-Based Restricted Stock Units → Common StockDisposed 530exercise · 2026-06-10
    • Larroque Alexander LisaDirector · Time-Based Restricted Stock Units → Common StockAcquired 189grant · 2026-06-10
    • Collins Charles Edwin IVCHIEF EXECUTIVE OFFICER, GEMMA · Option to Purchase Common Stock → Common StockDisposed 500 @ $61,22exercise · 2026-04-21
    • Collins Charles Edwin IVCHIEF EXECUTIVE OFFICER, GEMMA · Option to Purchase Common Stock → Common StockDisposed 5 000 @ $36,78exercise · 2026-04-21
    • Collins Charles Edwin IVCHIEF EXECUTIVE OFFICER, GEMMA · Option to Purchase Common Stock → Common StockDisposed 5 235 @ $33,81exercise · 2026-04-21
    • Collins Charles Edwin IVCHIEF EXECUTIVE OFFICER, GEMMA · Option to Purchase Common Stock → Common StockDisposed 333 @ $148,72exercise · 2026-04-21

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Regulatory filings
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    • Reference data
    How metrics are computed
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Ev To Revenue
      enterprise_value / revenue
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Equity
      net_income / total_equity
    • Market Cap
      market_price * shares_outstanding_diluted
    Source documents
    • ARGAN INC company facts · 2026-07-31
    • ARGAN INC 10-Q 2026-06-04 · 2026-07-31
    • ARGAN INC 10-K 2026-03-26 · 2026-07-31
    • ARGAN INC 10-Q 2025-12-04 · 2026-07-31
    • ARGAN INC 10-Q 2025-09-04 · 2026-07-31
    • allocator_boost (allocator) on AGX · 2026-07-31
    • Argan Inc Market data — analyst estimates · 2026-07-31
    • Argan Inc Market data — ESG · 2026-07-31

    Ownership & reference

    Top holders

    • First Trust Advisors L.P.Investment Managers · as of 2026-03-310,31 %$431M
    • American Century Investment Management, Inc.Investment Managers · as of 2026-03-310,12 %$230M
    • Dimensional Fund Advisors, L.P.Investment Managers · as of 2026-03-310,05 %$217M
    • Arrowstreet Capital, Limited PartnershipInvestment Managers · as of 2026-03-310,04 %$71M
    • Jennison Associates LLCInvestment Managers · as of 2026-03-310,03 %$46M
    • UBS Financial Services, Inc.Investment Managers · as of 2026-03-310,03 %$176M
    • Bank of New York Mellon CorpInstitutional Investor · as of 2026-03-310,03 %$164M
    • Principal Global Investors (Equity)Investment Managers · as of 2026-03-310,03 %$52M
    • AQR Capital Management, LLCInvestment Managers · as of 2026-03-310,03 %$58M
    • Invesco QQQ TrustFunds · as of 2026-03-310,02 %$143M
    • Geode Capital Management, L.L.C.Investment Managers · as of 2026-03-310,02 %$250M
    • Goldman Sachs Asset Management, L.P.Investment Managers · as of 2026-03-310,01 %$95M
    • Charles Schwab Investment Management, Inc.Investment Managers · as of 2026-03-310,01 %$76M
    • Victory Capital Management Inc.Investment Managers · as of 2026-03-310,01 %$17M
    • Northern Trust Investments, Inc.Investment Managers · as of 2026-03-310,01 %$76M
    • State Street Investment Management (US)Investment Managers · as of 2026-03-310,01 %$282M
    • Wells Fargo AdvisorsBrokerage Firms · as of 2026-03-310,01 %$47M
    • JANUS HENDERSON GROUP PLCInstitutional Investor · as of 2026-03-310,01 %$15M
    • Raymond James & Associates, Inc.Brokerage Firms · as of 2026-03-310,01 %$24M
    • T. Rowe Price Associates, Inc.Investment Managers · as of 2026-03-310,01 %$0M
    • LPL Financial LLCInvestment Managers · as of 2026-03-310,01 %$22M
    • AMERIPRISE FINANCIAL INCInstitutional Investor · as of 2026-03-310,01 %$23M
    • Morgan Stanley Smith Barney LLCInvestment Managers · as of 2026-03-310,01 %$87M
    • Vanguard Capital Management, LLCInvestment Managers · as of 2025-12-310,00 %$259M
    • Nuveen LLCInvestment Managers · as of 2024-12-310,00 %$11M
    • Franklin Advisers, Inc.Investment Managers · as of 2026-03-310,00 %$9M
    • BlackRock Institutional Trust Company, N.A.Investment Managers · as of 2024-06-300,00 %$91M
    • AllianceBernstein L.P.Investment Managers · as of 2026-03-310,00 %$5M
    • FMR LLCInstitutional Investor · as of 2026-03-310,00 %$6M
    • PNC Investments LLCInvestment Managers · as of 2026-03-310,00 %$1M
    • JONES FINANCIAL COMPANIES LLLPInstitutional Investor · as of 2026-03-310,00 %$0M
    • PNC Investments LLCInvestment Managers · as of 2026-03-310,00 %$0M

    Insider activity

    Net selling0 buys · 23 sellsnet -$119,4M11 insiders · last 365d
    • Jeffrey John Ronald Jr.Director · Common StockOther 4 772 @ $35,72$170K · 2026-06-30
    • Jeffrey John Ronald Jr.Director · Common StockOther 944 @ $43,70$41K · 2026-06-30
    • Griffin William F JrDirector, GEMMA, NON-EXECUTIVE CHAIRMAN · Common StockSold 20 000 @ $760,43$15,2M · 2026-06-22
    • Griffin William F JrDirector, GEMMA, NON-EXECUTIVE CHAIRMAN · Common StockSold 30 000 @ $725,85$21,8M · 2026-06-18
    • Getsinger Peter WDirector · Common StockSold 2 000 @ $699,00$1,4M · 2026-06-17
    • Baugher Joshua ScottChief Financial Officer · Common StockOther 455 @ $61,22$28K · 2026-06-17
    • Baugher Joshua ScottChief Financial Officer · Common StockSold 455 @ $732,83$333K · 2026-06-17
    • Baugher Joshua ScottChief Financial Officer · Common StockSold 305 @ $734,00$224K · 2026-06-17
    • Sweeney KarenDirector · Common StockSold 300 @ $705,00$212K · 2026-06-17
    • Watson David HibbertDirector, PRESIDENT AND CEO · Common StockSold 1 880 @ $707,35$1,3M · 2026-06-16
    • Watson David HibbertDirector, PRESIDENT AND CEO · Common StockOther 430 @ $148,72$64K · 2026-06-16
    • Watson David HibbertDirector, PRESIDENT AND CEO · Common StockOther 588 @ $61,22$36K · 2026-06-16
    • Watson David HibbertDirector, PRESIDENT AND CEO · Common StockOther 862 @ $39,47$34K · 2026-06-16
    • Getsinger Peter WDirector · Common StockSold 4 728 @ $708,65$3,4M · 2026-06-16
    • Flanders CynthiaDirector · Common StockSold 2 596 @ $666,31$1,7M · 2026-06-15
    • Watson David HibbertDirector, PRESIDENT AND CEO · Common StockSold 9 993 @ $651,22$6,5M · 2026-06-15
    • Getsinger Peter WDirector · Common StockOther 4 728 @ $35,72$169K · 2026-06-15
    • Griffin William F JrDirector, GEMMA, NON-EXECUTIVE CHAIRMAN · Common StockSold 50 000 @ $643,46$32,2M · 2026-06-12
    • Flanders CynthiaDirector · Common StockOther 1 000 · 2026-06-10
    • Flanders CynthiaDirector · Common StockOther 533 · 2026-06-10
    • Sweeney KarenDirector · Common StockOther 533 · 2026-06-10
    • Leimkuhler William F.Director · Common StockOther 533 · 2026-06-10
    • Jeffrey John Ronald Jr.Director · Common StockOther 533 · 2026-06-10
    • QUINN JAMES WDirector · Common StockOther 533 · 2026-06-10
    • Larroque Alexander LisaDirector · Common StockOther 533 · 2026-06-10

    Short positioning

    909.5Kshares short-0.4% vs prior
    3.4days to cover
    67.8%short of daily vol
    550fails-to-deliver
    as of 2026-07-15 · short-interest report (free)

    Held by funds 1

    • iShares Core S&P Small-Cap ETFBlackRock (iShares) · ETF0,60 %80,0B $ · #36
    Funds (by AUM rank) that hold this security, with each fund's portfolio weight in this name.

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    AGXCanonical
    NYSE · USD

    Intel & risk

    PredictorM&A prob3 %Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskMedium
    Liquidity riskLow
    Source documents mention dilution or offering risk.
    Relationship graph
    AGXDUKNEESOEX21:03bEX21:07fEX21:1c0EX21:2bfEX21:5e0EX21:6d1EX21:7bcDiversified Co
    This companyPeerSectorSubsidiaries

    Evidence & claims

    From filings & derived data
    • Return on equity (FY 2026-01-31): 29.8%Derived (calculated)
    • Debt-to-equity (FY 2026-01-31): 1.57xDerived (calculated)
    • Return on assets (FY 2026-01-31): 11.6%Derived (calculated)
    • Net margin (FY 2026-01-31): 14.6%Derived (calculated)
    • Capex (YoY) (2026-01-31 vs 2025-01-31): -41.1%Derived (calculated)
    • Current ratio (FY 2026-01-31): 1.59xDerived (calculated)
    • Gross margin (FY 2026-01-31): 20.5%Derived (calculated)
    • Operating income (YoY) (2026-01-31 vs 2025-01-31): 52.7%Derived (calculated)
    • Total liabilities (YoY) (2026-01-31 vs 2025-01-31): 49.5%Derived (calculated)
    • Cash & equivalents (YoY) (2026-01-31 vs 2025-01-31): 133.7%Derived (calculated)
    • Cost of revenue (YoY) (2026-01-31 vs 2025-01-31): 2.4%Derived (calculated)
    • EPS (basic) (YoY) (2026-01-31 vs 2025-01-31): 57.5%Derived (calculated)
    • EPS (diluted) (YoY) (2026-01-31 vs 2025-01-31): 58.4%Derived (calculated)
    • Gross profit (YoY) (2026-01-31 vs 2025-01-31): 37.4%Derived (calculated)
    • Net income (YoY) (2026-01-31 vs 2025-01-31): 61.2%Derived (calculated)
    • Operating cash flow (YoY) (2026-01-31 vs 2025-01-31): 147.5%Derived (calculated)
    • Revenue (YoY) (2026-01-31 vs 2025-01-31): 8.1%Derived (calculated)
    • Shareholders' equity (YoY) (2026-01-31 vs 2025-01-31): 31.4%Derived (calculated)
    • Total assets (YoY) (2026-01-31 vs 2025-01-31): 41.9%Derived (calculated)
    • Total assets (annual): USD 1.19BSEC XBRL filing
    • EPS (basic) (annual): USD-PER-SHARES 10SEC XBRL filing
    • Cost of revenue (annual): USD 750.93MSEC XBRL filing
    • Operating cash flow (annual): USD 414.72MSEC XBRL filing
    • Gross profit (annual): USD 193.68MSEC XBRL filing
    Showing 24 of 60 surfaced claims.
    Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

    The Thread

    Everything we know, in order
    2026-08-28EVENTUpcomingQ2 2026 earnings (expected) estimated date
    2026-07-31EVENTDividend USD 0.5/sh
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: insider_flow_signal (90d)
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (365d)
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (365d)
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (365d)
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (365d)
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (365d)
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (365d)
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (365d)
    2026-06-30INSIDERJeffrey John Ronald Jr. transacted 944 sh — Director ~$41k
    2026-06-30INSIDERJeffrey John Ronald Jr. transacted 4.8k sh — Director ~$170k
    2026-06-30INSIDERJeffrey John Ronald Jr. disposed of 1.0k sh Option to Purchase Common Stock — Director
    2026-06-30INSIDERJeffrey John Ronald Jr. disposed of 5.0k sh Option to Purchase Common Stock — Director
    2026-06-25 03:10 UTCHOLDER1 institutional position change flagged (1 major)
    2026-06-24 03:12 UTCHOLDER1 institutional position change flagged (1 major)
    2026-06-22 00:00 UTCINSIDER43 insider transactions — 2026-06 · net sell $83.9M 19 derivative
    2026-06-22INSIDERGriffin William F Jr sold 20.0k sh — Director, GEMMA, NON-EXECUTIVE CHAIRMAN ~$15.21M
    2026-06-18INSIDERGriffin William F Jr sold 30.0k sh — Director, GEMMA, NON-EXECUTIVE CHAIRMAN ~$21.78M
    2026-06-17INSIDERGetsinger Peter W sold 2.0k sh — Director ~$1.40M
    2026-06-17INSIDERBaugher Joshua Scott transacted 455 sh — Chief Financial Officer ~$28k
    2026-06-17INSIDERBaugher Joshua Scott sold 455 sh — Chief Financial Officer ~$333k
    2026-06-17INSIDERBaugher Joshua Scott sold 305 sh — Chief Financial Officer ~$224k
    2026-06-17INSIDERSweeney Karen sold 300 sh — Director ~$212k
    2026-06-17INSIDERBaugher Joshua Scott disposed of 1.0k sh Option to Purchase Common Stock — Chief Financial Officer
    2026-06-16INSIDERWatson David Hibbert sold 1.9k sh — Director, PRESIDENT AND CEO ~$1.33M
    2026-06-16INSIDERWatson David Hibbert transacted 430 sh — Director, PRESIDENT AND CEO ~$64k
    2026-06-16INSIDERWatson David Hibbert transacted 588 sh — Director, PRESIDENT AND CEO ~$36k
    2026-06-16INSIDERWatson David Hibbert transacted 862 sh — Director, PRESIDENT AND CEO ~$34k
    2026-06-16INSIDERGetsinger Peter W sold 4.7k sh — Director ~$3.35M
    2026-06-16INSIDERWatson David Hibbert disposed of 1.0k sh Option to Purchase Common Stock — Director, PRESIDENT AND CEO
    2026-06-16INSIDERWatson David Hibbert disposed of 1.7k sh Option to Purchase Common Stock — Director, PRESIDENT AND CEO
    2026-06-16INSIDERWatson David Hibbert disposed of 667 sh Option to Purchase Common Stock — Director, PRESIDENT AND CEO
    2026-06-15INSIDERFlanders Cynthia sold 2.6k sh — Director ~$1.73M
    2026-06-15INSIDERWatson David Hibbert sold 10.0k sh — Director, PRESIDENT AND CEO ~$6.51M
    2026-06-15INSIDERGetsinger Peter W transacted 4.7k sh — Director ~$169k
    2026-06-15INSIDERGetsinger Peter W disposed of 5.0k sh Option to Purchase Common Stock — Director
    2026-06-12INSIDERGriffin William F Jr sold 50.0k sh — Director, GEMMA, NON-EXECUTIVE CHAIRMAN ~$32.17M
    2026-06-10FILING8-K filing →
    2026-06-10INSIDERFlanders Cynthia transacted 1.0k sh — Director
    Showing the 40 most recent of 73 entries.
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data · Reference data Premium coverage