Argan (NYSE:AGX) Price Target Raised to $375.00 at Lake Street Capital

Argan (NYSE:AGX) had its price objective boosted by investment analysts at Lake Street Capital from $325.00 to $375.00 in a report released on Friday,Benzinga reports. The firm presently has a “hold” rating on the construction company’s stock. Lake Street Capital’s price target would indicate a potential downside of 33.43% from the stock’s previous close.

A number of other research firms have also recently issued reports on AGX. CJS Securities raised shares of Argan to a “hold” rating in a research note on Thursday, December 11th. JPMorgan Chase & Co. raised shares of Argan from a “neutral” rating to an “overweight” rating and set a $550.00 price objective on the stock in a report on Friday. Zacks Research lowered shares of Argan from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 3rd. Freedom Capital raised shares of Argan to a “hold” rating in a research note on Tuesday, March 10th. Finally, Weiss Ratings restated a “buy (b+)” rating on shares of Argan in a research report on Wednesday, December 24th. Four equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Argan has a consensus rating of “Hold” and a consensus target price of $401.20.

Argan Price Performance

NYSE AGX traded up $152.51 during trading hours on Friday, reaching $563.36. The company’s stock had a trading volume of 780,261 shares, compared to its average volume of 449,768. The firm has a market capitalization of $7.81 billion, a price-to-earnings ratio of 66.37 and a beta of 0.57. The company’s 50-day moving average is $416.24 and its two-hundred day moving average is $344.43. Argan has a 1-year low of $111.16 and a 1-year high of $561.17.

Argan (NYSE:AGX) last issued its quarterly earnings data on Thursday, March 26th. The construction company reported $3.47 EPS for the quarter, beating the consensus estimate of $1.99 by $1.48. The company had revenue of $262.05 million for the quarter, compared to analyst estimates of $255.32 million. Argan had a return on equity of 31.38% and a net margin of 13.11%.Argan’s quarterly revenue was up 12.7% compared to the same quarter last year. During the same period last year, the company earned $2.22 earnings per share.

Insider Transactions at Argan

In other Argan news, Director Peter W. Getsinger sold 6,595 shares of the firm’s stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $313.71, for a total value of $2,068,917.45. Following the transaction, the director owned 7,847 shares in the company, valued at approximately $2,461,682.37. This trade represents a 45.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Cynthia Flanders sold 19,000 shares of Argan stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $386.70, for a total transaction of $7,347,300.00. Following the sale, the director directly owned 26,207 shares in the company, valued at approximately $10,134,246.90. This trade represents a 42.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 54,715 shares of company stock valued at $19,787,260 in the last 90 days. 6.69% of the stock is owned by company insiders.

Hedge Funds Weigh In On Argan

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Millennium Management LLC raised its holdings in Argan by 12.2% in the 1st quarter. Millennium Management LLC now owns 117,805 shares of the construction company’s stock valued at $15,452,000 after acquiring an additional 12,854 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Argan by 118.3% during the 1st quarter. NewEdge Advisors LLC now owns 5,316 shares of the construction company’s stock worth $697,000 after purchasing an additional 2,881 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Argan by 13.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 35,567 shares of the construction company’s stock valued at $4,665,000 after purchasing an additional 4,196 shares in the last quarter. Intech Investment Management LLC grew its position in shares of Argan by 37.3% in the first quarter. Intech Investment Management LLC now owns 8,985 shares of the construction company’s stock valued at $1,179,000 after purchasing an additional 2,442 shares in the last quarter. Finally, Legal & General Group Plc increased its holdings in shares of Argan by 1.5% in the second quarter. Legal & General Group Plc now owns 16,184 shares of the construction company’s stock valued at $3,568,000 after purchasing an additional 245 shares during the last quarter. 79.43% of the stock is currently owned by institutional investors and hedge funds.

Argan News Roundup

Here are the key news stories impacting Argan this week:

• Positive Sentiment: Q4 beat — Argan reported EPS of $3.47 and revenue of $262.05M, topping consensus and showing double‑digit revenue growth year‑over‑year; the strong print and margins are the primary catalyst for the rally. Argan, Inc. Reports Fourth Quarter and Fiscal Year 2026 Results
• Positive Sentiment: Backlog & guidance — Management highlighted a backlog near $2.9B and gave constructive FY27 commentary, which supports revenue visibility and helped lift sentiment. Argan (AGX) Stock Soars 10% Following Exceptional Q4 Performance
• Positive Sentiment: Analyst moves — JPMorgan upgraded AGX to overweight and set a $550 price target, and other analysts revised forecasts ahead of earnings, adding buy‑side momentum. Finviz AGX Quote / Analyst Notes
• Neutral Sentiment: Investor materials available — The company posted its earnings release, slide deck and the earnings‑call transcript, useful for digging into project timelines, margin drivers and guidance details. Argan Q4 Earnings / Transcript / Slide Deck
• Negative Sentiment: Valuation & positioning — The stock is trading near its 52‑week high with a relatively high P/E (~63x), which could limit upside if future quarters don’t sustain the margin/revenue beats. Argan (AGX) Stock Profile

Argan Company Profile

Argan, Inc (NYSE: AGX) is a holding company that provides professional technical and management services to the power generation and renewable energy industries. Through its wholly owned subsidiaries, the company delivers engineering, procurement and construction management (EPCM), commissioning and operations and maintenance (O&M) services for a broad range of energy facilities. Argan focuses on projects for utility, industrial and municipally owned clients, helping to bring efficient thermal and renewable energy plants into operation and maintain optimal performance over the asset life cycle.

The company’s principal subsidiaries include Gemma Power Systems, which specializes in turnkey construction of combined-cycle, simple-cycle, cogeneration and renewable energy plants; Atlantic Projects Company, which provides electrical balance-of-plant, control systems, instrumentation and commissioning services; and Infrastructure Solutions, which offers industrial maintenance, outage support and modification services.