Argan Inc Stock Performance
| AGX Stock | USD 61.21 0.42 0.68% |
On a scale of 0 to 100, Argan holds a performance score of 14. The firm shows a Beta (market volatility) of -0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Argan are expected to decrease at a much lower rate. During the bear market, Argan is likely to outperform the market. Please check Argan's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Argan's price patterns will revert.
Risk-Adjusted Performance
14 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Argan Inc are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak technical and fundamental indicators, Argan showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (0.89) | Five Day Return 0.15 | Year To Date Return 29.38 | Ten Year Return 124.64 | All Time Return 205.4 |
Forward Dividend Yield 0.0195 | Payout Ratio 0.4812 | Last Split Factor 1:15 | Forward Dividend Rate 1.2 | Dividend Date 2024-04-30 |
| Argan dividend paid on 31st of January 2024 | 01/31/2024 |
1 | Argan Q4 2024 Earnings Preview | 04/10/2024 |
2 | Argan Inc Q4 2024 Earnings Call Transcript Highlights Strong Revenue Growth Amidst ... | 04/12/2024 |
3 | Argan share price went up 22 percent in a month. Whats happening lately | 04/15/2024 |
4 | Results Argan, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates | 04/16/2024 |
5 | Disposition of 4167 shares by Rainer Bosselmann of Argan subject to Rule 16b-3 | 04/18/2024 |
6 | Argan Inc CFO sells over 380k in company stock | 04/19/2024 |
7 | Argan Inc director sells over 150k in company stock | 04/23/2024 |
| Begin Period Cash Flow | 173.9 M |
Argan |
Argan Relative Risk vs. Return Landscape
If you would invest 4,429 in Argan Inc on January 26, 2024 and sell it today you would earn a total of 1,692 from holding Argan Inc or generate 38.2% return on investment over 90 days. Argan Inc is generating 0.5553% of daily returns assuming volatility of 3.0082% on return distribution over 90 days investment horizon. In other words, 26% of stocks are less volatile than Argan, and above 89% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Argan Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Argan's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Argan Inc, and traders can use it to determine the average amount a Argan's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1846
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Estimated Market Risk
| 3.01 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Argan is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Argan by adding it to a well-diversified portfolio.
Argan Fundamentals Growth
Argan Stock prices reflect investors' perceptions of the future prospects and financial health of Argan, and Argan fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Argan Stock performance.
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0419 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 409.03 M | ||||
| Shares Outstanding | 13.24 M | ||||
| Price To Earning | 24.72 X | ||||
| Price To Book | 2.72 X | ||||
| Price To Sales | 1.38 X | ||||
| Revenue | 573.33 M | ||||
| Gross Profit | 83.96 M | ||||
| EBITDA | 38.86 M | ||||
| Net Income | 32.36 M | ||||
| Cash And Equivalents | 173.95 M | ||||
| Cash Per Share | 22.98 X | ||||
| Total Debt | 5.32 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 2.66 X | ||||
| Book Value Per Share | 21.97 X | ||||
| Cash Flow From Operations | 116.86 M | ||||
| Earnings Per Share | 2.39 X | ||||
| Market Capitalization | 815.99 M | ||||
| Total Asset | 623.58 M | ||||
| Retained Earnings | 225.51 M | ||||
| Working Capital | 244.92 M | ||||
| Current Asset | 350.61 M | ||||
| Current Liabilities | 187.71 M | ||||
About Argan Performance
To evaluate Argan Inc Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Argan generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Argan Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Argan Inc market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Argan's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 7.37 | 7.00 | |
| Return On Tangible Assets | 0.05 | 0.06 | |
| Return On Capital Employed | 0.11 | 0.09 | |
| Return On Assets | 0.05 | 0.05 | |
| Return On Equity | 0.11 | 0.12 |
Things to note about Argan Inc performance evaluation
Checking the ongoing alerts about Argan for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Argan Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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: Argan Inc director sells over 150k in company stock |
- Analyzing Argan's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Argan's stock is overvalued or undervalued compared to its peers.
- Examining Argan's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Argan's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Argan's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Argan's stock. These opinions can provide insight into Argan's potential for growth and whether the stock is currently undervalued or overvalued.
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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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.