Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
AGX logo AGX
Upturn stock rating
AGX logo

Argan Inc (AGX)

Upturn stock rating
$312.5
Last Close (24-hour delay)
Today's Top Performer Top performer
Profit since last BUY20.39%
upturn advisory
Strong Buy
BUY since 20 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

10/15/2025: AGX (4-star) is a STRONG-BUY. BUY since 20 days. Simulated Profits (20.39%). Updated daily EoD!

Upturn Star Rating

rating

Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Number of Analysts

rating

2 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $262

1 Year Target Price $262

Analysts Price Target For last 52 week
$262 Target price
52w Low $100.54
Current$312.5
52w High $313.5

Analysis of Past Performance

Type Stock
Historic Profit 188.39%
Avg. Invested days 35
Today’s Advisory Strong Buy
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/15/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 4.15B USD
Price to earnings Ratio 35.34
1Y Target Price 262
Price to earnings Ratio 35.34
1Y Target Price 262
Volume (30-day avg) 2
Beta 0.63
52 Weeks Range 100.54 - 313.50
Updated Date 10/14/2025
52 Weeks Range 100.54 - 313.50
Updated Date 10/14/2025
Dividends yield (FY) 0.51%
Basic EPS (TTM) 8.51

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 12.73%
Operating Margin (TTM) 12.64%

Management Effectiveness

Return on Assets (TTM) 9.12%
Return on Equity (TTM) 33.43%

Valuation

Trailing PE 35.34
Forward PE -
Enterprise Value 3177820760
Price to Sales(TTM) 4.51
Enterprise Value 3177820760
Price to Sales(TTM) 4.51
Enterprise Value to Revenue 3.45
Enterprise Value to EBITDA 25.83
Shares Outstanding 13811575
Shares Floating 13268504
Shares Outstanding 13811575
Shares Floating 13268504
Percent Insiders 4.21
Percent Institutions 89.12

ai summary icon Upturn AI SWOT

Argan Inc

stock logo

Company Overview

overview logo History and Background

Argan Inc. was founded in 1961 as Atlantic Research Corporation. It has evolved from research and development to providing engineering, procurement, and construction (EPC) services, primarily to the power sector.

business area logo Core Business Areas

  • Power Industry Services: Provides EPC services, primarily for natural gas-fired power plants, renewable energy facilities, and related infrastructure.
  • Industrial Fabrication: Fabricates steel components for various industries, including power generation, telecommunications, and defense.
  • Telecommunications Infrastructure: Designs and builds communication infrastructure.

leadership logo Leadership and Structure

Rainer H. Bosselmann is the Chairman, President, and CEO. The company operates with distinct business units under the Argan Inc. umbrella.

Top Products and Market Share

overview logo Key Offerings

  • EPC Services for Power Plants: Argan's Gemma Power Systems subsidiary is a leading provider of EPC services for combined-cycle natural gas-fired power plants. Market share data is difficult to pinpoint exactly but it is a dominant player in the power sector. Competitors include Kiewit, Black & Veatch, and Fluor.
  • Telecommunications Infrastructure: Designs and builds communication infrastructure. Market share data is fragmented, with competitors including Dycom Industries and MasTec. Exact numbers unavailable.

Market Dynamics

industry overview logo Industry Overview

The power generation industry is undergoing a transition towards cleaner energy sources, with natural gas serving as a bridge fuel. The telecommunications sector is in a major upgrade cycle for broadband internet.

Positioning

Argan is positioned as a reliable EPC contractor in the power sector, focusing on building efficient natural gas-fired plants. It also operates in the fast growing telecommunications sector.

Total Addressable Market (TAM)

TAM in the power sector is estimated to be in the billions of dollars annually, with a significant portion allocated to natural gas-fired power plants. Argan is positioned to capture a portion of this market. The telecommunications sector has a TAM in the hundreds of billions.

Upturn SWOT Analysis

Strengths

  • Strong reputation in EPC services
  • Experience in building complex power plants
  • Solid backlog of projects
  • Strong balance sheet with significant cash reserves
  • Demonstrated ability to execute projects on time and within budget

Weaknesses

  • Concentration in the power sector (cyclical nature)
  • Reliance on a limited number of large projects
  • Exposure to commodity price fluctuations
  • Smaller market capitalization compared to some competitors
  • Limited geographic diversification

Opportunities

  • Expansion into renewable energy projects
  • Diversification into other infrastructure markets
  • Increased demand for natural gas-fired power plants in developing countries
  • Acquisitions of complementary businesses
  • Growth in telecommunications infrastructure buildout

Threats

  • Increased competition from larger EPC firms
  • Changes in government regulations regarding power generation
  • Economic downturns affecting capital spending
  • Rising material and labor costs
  • Delays in project approvals

Competitors and Market Share

competitor logo Key Competitors

  • Kiewit
  • Fluor (FLR)
  • Black & Veatch
  • Dycom Industries (DY)
  • MasTec (MTZ)

Competitive Landscape

Argan's advantages include its expertise in building complex power plants and its strong relationships with key customers. Disadvantages include its smaller size compared to some competitors and its concentration in the power sector.

Major Acquisitions

The Roberts Company

  • Year: 2021
  • Acquisition Price (USD millions): 65
  • Strategic Rationale: Expanded Arganu2019s industrial fabrication capabilities and diversified its revenue streams.

Growth Trajectory and Initiatives

Historical Growth: Argan has experienced periods of growth and contraction, largely influenced by the timing and size of its EPC projects and market condition.

Future Projections: Future growth is projected to be driven by the ongoing demand for natural gas-fired power plants and telecommunications infrastructure, but can vary due to market conditions.

Recent Initiatives: Recent initiatives include pursuing renewable energy projects and expanding its telecommunications infrastructure business.

Summary

Argan Inc. is a company with a strong history in the power sector and growing presence in telecommunications. It has a solid backlog and healthy financials, but its concentration in power generation makes it susceptible to industry cycles. Growth opportunities lie in renewable energy and further diversification. Its relatively small size compared to major players presents a risk.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Argan Inc. Investor Relations
  • SEC Filings
  • Industry Reports

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Market data and analysis are subject to change.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Argan Inc

Exchange NYSE
Headquaters Arlington, VA, United States
IPO Launch date 1995-08-18
CEO, President & Director Mr. David Hibbert Watson CPA
Sector Industrials
Industry Engineering & Construction
Full time employees 1595
Full time employees 1595

Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, maintenance, project development, and technical consulting services to the power generation market in the United States, Republic of Ireland, and the United Kingdom. Its Power Industry Services segment offers engineering, procurement, and construction, as well as designing, building, and commissioning of large-scale energy projects to the owners of alternative energy facilities, such as biomass plants, wind farms, battery storage, and solar fields; and design, construction, project management, start-up, and operation, as well as technical consulting services. This segment serves independent power project owners, public utilities, power plant heavy equipment suppliers, and other commercial firms. The company's Industrial Construction Services segment provides field services that support new plant construction and additions; maintenance turnarounds; shutdowns and emergency mobilizations for industrial plants; and delivery and installation of steel components, such as piping systems and pressure vessels. Its Telecommunications Infrastructure Services segment offers trenchless directional boring and excavation for underground communication and power networks; aerial cabling; high and low voltage electric lines; and private area outdoor lighting systems, as well as installs buried cable. It also provides structured cabling, terminations, and connectivity that offers the physical transport for high-speed data, voice, video, and security networks. This segment serves electricity cooperative, state and local government agencies, counties and municipalities, and technology-oriented government contracting firms, as well as federal government customers in the mid-Atlantic region of the United States. Argan, Inc. was incorporated in 1961 and is headquartered in Arlington, Virginia.