Stocks · Industrials · Engineering & Construction
Argan, Inc. AGX
$383.83 +1.12% Close, Oct 2, 2026 · NYSE · Market cap $5.38B
Strong growthHigh quality
Next earnings report: Dec 3, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Earnings beat analyst estimates in each of the last 11 quarters (average surprise over the last four: +40.7%).
- Diluted EPS over the last four quarters was $12.64, up 51.9% year over year.
- Revenue over the last four quarters was $1.19B, up 29.0% from a year earlier, accelerating from 14.5% a quarter earlier.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 15%
- EPS growth (TTM, YoY)Top 21%
- FCF growth (TTM, YoY)Top 6%
- Revenue growth, 3-year CAGRTop 9%
- Revenue growth accelerationTop 6%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 1%
- Gross marginBottom 31%
- Operating marginTop 22%
- Cash conversion (OCF / net income)Top 7%
- Accruals (lower is better)Top 4%
- Net debt / EBITDA (lower is better)Top 6%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 40%
- Free-cash-flow yieldTop 9%
- EBITDA / enterprise valueBottom 36%
- Sales / enterprise valueBottom 25%
- P/E vs own 5-year history (lower is better)Bottom 38%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 18%
- 6-month returnBottom 8%
- 1-year return vs S&P 500Top 27%
- Distance from 52-week highBottom 16%
- Trend checklist (0–4)Bottom 15%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 14%
- Consecutive EPS beatsTop 10%
- Share of analysts rating BuyTop 26%
- Upside to consensus price targetBottom 23%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 19%
- Maximum drawdown, 3 yearsBottom 41%
- Beta vs S&P 500 (lower is better)Bottom 31%
- Net debt / EBITDA (lower is better)Top 6%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 14.5% | 29.0% | ↑ |
| EPS growth (YoY) | 59.6% | 51.9% | ↓ |
| Gross margin | 18.8% | 20.9% | ↑ |
| Operating margin | 12.7% | 15.4% | ↑ |
| FCF margin | 15.2% | 45.9% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 29.0% | 14.5% | ↑ | Top 15% |
| EPS growth (TTM, YoY) | 51.9% | 59.6% | ↓ | Top 21% |
| Gross margin | 20.9% | 18.8% | ↑ | Bottom 31% |
| Operating margin | 15.4% | 12.7% | ↑ | Top 22% |
| Net margin | 15.1% | 12.7% | ↑ | — |
| Free-cash-flow margin | 45.9% | 15.2% | ↑ | — |
| Return on invested capital | 29.0% | — | Top 1% | |
| Revenue growth, 3-year CAGR | 27.6% | — | Top 9% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -26.8%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.7%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -54.2 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- -1.67×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.52%
- Net buyback yield (TTM)
- 0.24%
- Shareholder yield
- 0.76%
- Share count change, 1 year
- +0.2%
- Share count change, 3-year CAGR
- +1.5%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jul 31, 2026 (filed Sep 2, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 11
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +40.7%
- Average 2-day reaction, last 8
- -0.3%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $436.50
- Target vs current price
- +13.7%
- Analysts with a rating
- 7
- Share rating Buy or Strong Buy
- 71%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Sep 2, 2026 | +42.4% | +1.4% | -0.6% | -6.6% | — |
| Jun 4, 2026 | +40.3% | +0.4% | -14.2% | +2.9% | -39.1% |
| Mar 26, 2026 | +74.4% | -6.1% | +30.6% | +50.1% | +80.6% |
| Dec 4, 2025 | +5.9% | +1.5% | -7.2% | -7.2% | +25.0% |
| Sep 4, 2025 | +25.6% | +4.8% | -0.5% | +23.2% | +67.7% |
| Jun 4, 2025 | +46.8% | -0.4% | -4.2% | -5.7% | +10.7% |
| Mar 27, 2025 | +93.0% | -3.6% | +15.5% | +24.4% | +74.5% |
| Dec 5, 2024 | +58.7% | -0.1% | -0.6% | +0.0% | -15.7% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Sep 2, 2026 | $3.76 | $2.64 | +42.4% | $384.0M |
| Jun 4, 2026 | $3.24 | $2.31 | +40.3% | $291.0M |
| Mar 26, 2026 | $3.47 | $1.99 | +74.4% | $262.1M |
| Dec 4, 2025 | $2.17 | $2.05 | +5.9% | $251.2M |
| Sep 4, 2025 | $2.50 | $1.99 | +25.6% | $237.7M |
| Jun 4, 2025 | $1.60 | $1.09 | +46.8% | $193.7M |
| Mar 27, 2025 | $2.22 | $1.15 | +93.0% | $232.5M |
| Dec 5, 2024 | $2.00 | $1.26 | +58.7% | $257.0M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 30.4× | 21.9× | 71th | Top 40% |
| P/E (forward) | 29.0× | — | — | — |
| EV / EBITDA | 23.0× | — | — | Bottom 36% |
| EV / Sales | 4.22× | — | — | Bottom 25% |
| Free-cash-flow yield | 10.14% | — | — | Top 9% |
| Earnings yield | 3.29% | — | — | Top 40% |
P/E over the past five years
Range 14.2× – 60.6× since Jul 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +37.3%
- Earnings per share growth (TTM)
- +51.9%
- Change in P/E multiple
- +13.6%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -19.1%
- 200-day average slope (20 days)
- +0.8%
- Distance from 50-day average
- -18.3%
- Distance from 200-day average
- -25.7%
- RSI (14)
- 40.8
- Relative volume
- 0.61×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 71.2%
- Volatility vs own 5-year history
- 81th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.34
- Correlation with S&P 500
- 0.31
- Current drawdown from 1-year high
- -51.9%
- Maximum drawdown, 3 years
- -55.5%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jun 30, 2026 | Sep 28, 2026 | -55.5% | 62 days | Not yet recovered |
| Jan 21, 2025 | Mar 10, 2025 | -43.9% | 33 days | 48 days (May 16, 2025) |
| Apr 1, 2021 | Oct 20, 2022 | -41.8% | 392 days | 370 days (Apr 12, 2024) |
| Nov 28, 2025 | Dec 17, 2025 | -25.0% | 13 days | 22 days (Jan 21, 2026) |
| May 14, 2026 | Jun 10, 2026 | -20.5% | 18 days | 7 days (Jun 22, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $5.38B
- P/E (TTM)
- 30.4
- EPS, diluted (TTM)
- $12.64
- Revenue (TTM)
- $1.19B
- Dividend yield
- 0.70%
- 52-week range
- $255.60 – $805.75
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $509.4M | $455.0M | $573.3M | $874.2M | $944.6M |
| Gross profit | $99.7M | $86.4M | $80.8M | $141.0M | $193.7M |
| Operating income | $44.5M | $41.7M | $36.5M | $88.2M | $134.7M |
| Net income | $38.2M | $33.1M | $32.4M | $85.5M | $137.8M |
| EPS (diluted) | $2.40 | $2.33 | $2.39 | $6.15 | $9.73 |
| Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | Q1 2027 | Q2 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $257.0M | $232.5M | $193.7M | $237.7M | $251.2M | $262.1M | $291.0M | $384.0M |
| Net income | $28.0M | $31.4M | $22.6M | $35.3M | $30.7M | $49.2M | $46.1M | $53.3M |
| EPS (diluted) | $2.00 | $2.22 | $1.60 | $2.50 | $2.17 | $3.47 | $3.24 | $3.76 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $28.4M | -$30.1M | $116.9M | $167.6M | $414.7M |
| Capital expenditure | -$1.4M | -$3.4M | -$2.8M | -$6.6M | -$3.9M |
| Free cash flow | $27.0M | -$33.4M | $114.1M | $161.0M | $410.8M |
| Dividends paid | -$15.7M | -$14.0M | -$14.7M | -$18.3M | -$24.3M |
| Net share buybacks | -$18.9M | -$68.2M | -$11.4M | -$1.5M | -$9.9M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $1.03B
- Total assets
- $1.40B
- Total liabilities
- $894.1M
- Total debt
- $0
- Net debt
- -$364.5M
- Shareholders’ equity
- $506.8M
As of Jul 31, 2026 (filed Sep 2, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Oct 22, 2026 | $0.70 | Oct 30, 2026 |
| Jul 23, 2026 | $0.50 | Jul 31, 2026 |
| Apr 22, 2026 | $0.50 | Apr 30, 2026 |
| Jan 22, 2026 | $0.50 | Jan 30, 2026 |
| Oct 23, 2025 | $0.50 | Oct 31, 2025 |
| Jul 23, 2025 | $0.38 | Jul 31, 2025 |
| Apr 22, 2025 | $0.38 | Apr 30, 2025 |
| Jan 23, 2025 | $0.38 | Jan 31, 2025 |
Short interest
- Shares sold short
- 1,299,081
- Days to cover
- 2.78
- Change vs previous report
- +21.4%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Oct 9, 2001
- 1-for-15
- Mar 16, 1989
- 3-for-2