William Griffin - Argan Chairman

AGX Stock  USD 61.63  0.01  0.02%   

Chairman

Mr. William F. Griffin, Jr., is serves as a Director of Argan Inc., and Vice Chairman, Chief Executive Officer of Gemma Power Systems, a subsidiary of Argan Inc. He is a cofounder of Gemma Power Systems, LLC which was acquired by Argan in December 2006. Mr. Griffin is a veteran of power plant construction with over 35 years of related experience. He was Vice Chairman of Gemma since November 2007 and Chief Executive Officer of Gemma since September 2008. From September 2008 to January 2009, he was also President of Gemma. In November 2017, he assumed that title again. Under Mr. Griffins leadership, Gemma, including its affiliated companies, has grown to become one of the nations leading provider of engineering, procurement and construction services to the power generation market. The revenues of Gemma represented approximately 88 percent of our consolidated revenues for the year ended January 31, 2018 since 2019.
Age 65
Tenure 5 years
Address One Church Street, Rockville, MD, United States, 20850
Phone301 315 0027
Webhttps://www.arganinc.com
Griffin has significant senior executive experience in the energyrelated construction sector. Also, as a member of the senior management of one of our operating companies, Mr. Griffin contributes an indepth understanding of our business not easily attainable by an outside member of our Board. Based on the extent of his experience, the Board of Directors benefits from Mr. Griffin making important contributions to its deliberations regarding our strategic direction, our commitment to certain business development efforts and the identification of future construction project opportunities.

Argan Management Efficiency

The company has Return on Asset of 0.0419 % which means that on every $100 spent on assets, it made $0.0419 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1132 %, implying that it generated $0.1132 on every 100 dollars invested. Argan's management efficiency ratios could be used to measure how well Argan manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Argan's Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to rise to 0.05 in 2024, whereas Return On Capital Employed is likely to drop 0.09 in 2024. At this time, Argan's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 80.2 M in 2024, whereas Net Tangible Assets are likely to drop slightly above 248.8 M in 2024.
The company has 5.32 M in debt with debt to equity (D/E) ratio of 0.01, which may show that the company is not taking advantage of profits from borrowing. Argan Inc has a current ratio of 2.61, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Argan until it has trouble settling it off, either with new capital or with free cash flow. So, Argan's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Argan Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Argan to invest in growth at high rates of return. When we think about Argan's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 1 records

CHAIRMAN Age

Marshall ReynoldsEnergy Services
79
Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, operations management, maintenance, project development, technical, and consulting services to the power generation and renewable energy markets. Argan, Inc. was incorporated in 1961 and is headquartered in Rockville, Maryland. Argan operates under Engineering Construction classification in the United States and is traded on New York Stock Exchange. It employs 1358 people. Argan Inc (AGX) is traded on New York Stock Exchange in USA. It is located in One Church Street, Rockville, MD, United States, 20850 and employs 1,214 people. Argan is listed under Construction & Engineering category by Fama And French industry classification.

Management Performance

Argan Inc Leadership Team

Elected by the shareholders, the Argan's board of directors comprises two types of representatives: Argan inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Argan. The board's role is to monitor Argan's management team and ensure that shareholders' interests are well served. Argan's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Argan's outside directors are responsible for providing unbiased perspectives on the board's policies.
William Griffin, Director, Vice Chairman of Gemma Power Systems and CEO of Gemma Power Systems
Charles IV, LLC Systems
Richard Deily, Senior CFO
Daniel Martin, President of Gemma Power Systems
Henry Crumpton, Independent Director
T Trebilcock, Co-President at Gemma
Terrence Trebilcock, LLC Systems
Mano Koilpillai, Independent Director
William Leimkuhler, Independent Director
John Jeffrey, Independent Director
Rainer Bosselmann, Chairman, CEO and President and Chairman of Executive Committee
Cynthia Flanders, CFO, Sr. VP, Corporate Secretary and Independent Director
W Mitchell, Independent Director
James Quinn, Lead Independent Director
David CPA, President CEO
Charles Collins, Co-President at Gemma
Peter Getsinger, Independent Director
David Watson, Chief Financial Officer, Senior Vice President, Treasurer, Corporate Secretary;
Brian Sherras, Independent Director

Argan Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Argan a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Argan in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Argan's short interest history, or implied volatility extrapolated from Argan options trading.

Pair Trading with Argan

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Argan position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Argan will appreciate offsetting losses from the drop in the long position's value.

Moving against Argan Stock

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The ability to find closely correlated positions to Argan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Argan when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Argan - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Argan Inc to buy it.
The correlation of Argan is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Argan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Argan Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Argan can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Argan Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Argan's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Argan Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Argan Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argan Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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.