Market Insight: Argan, Inc (AGX)’s Notable Drop, Closing at 104.05

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In the latest session, Argan, Inc (NYSE: AGX) closed at $104.05 down -8.57% from its previous closing price of $113.80. In other words, the price has decreased by -$8.57 from its previous closing price. On the day, 0.6 million shares were traded.

Ratios:

For a deeper understanding of Argan, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.97. For the most recent quarter (mrq), Quick Ratio is recorded 1.64 and its Current Ratio is at 1.64. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Lake Street on December 03, 2024, Downgraded its rating to Hold and sets its target price to $150 from $85 previously.

Lake Street Upgraded its Hold to Buy on March 28, 2018, while the target price for the stock was maintained at $56.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 22 ’25 when Rainer H Bosselmann bought 25,000 shares for $184.00 per share.

Leimkuhler William F. bought 4,500 shares of AGX for $810,510 on Jan 21 ’25. On Jan 14 ’25, another insider, Getsinger Peter W, who serves as the Director of the company, sold 7,385 shares for $165.29 each. As a result, the insider received 1,220,667 and left with 11,792 shares of the company.

Valuation Measures:

As of this moment, Argan,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.79, and their Forward P/E ratio for the next fiscal year is 19.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.75 while its Price-to-Book (P/B) ratio in mrq is 4.30.

Stock Price History:

Over the past 52 weeks, AGX has reached a high of $191.46, while it has fallen to a 52-week low of $47.42. The 50-Day Moving Average of the stock is -28.35%, while the 200-Day Moving Average is calculated to be -7.01%.

Shares Statistics:

A total of 13.57M shares are outstanding, with a floating share count of 12.95M. Insiders hold about 4.57% of the company’s shares, while institutions hold 85.96% stake in the company.

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