Argan (AGX) Stock Forecast, Price Target & Predictions
AGX Stock Forecast
Argan stock forecast is as follows: an average price target of $85.00 (represents a -46.42% downside from AGX’s last price of $158.63) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
AGX Price Target
The average price target for Argan (AGX) is $85.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $85.00 to $85.00. This represents a potential -46.42% downside from AGX's last price of $158.63.
AGX Analyst Ratings
According to 1 Wall Street analysts, Argan's rating consensus is 'Buy'. The analyst rating breakdown for AGX stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Argan Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 07, 2024 | Robert Brown | Lake Street | - | - | 11.92% | -46.42% |
| Jun 07, 2024 | Rob Brown | Loop Capital Markets | - | - | 11.31% | -46.42% |
| Apr 12, 2024 | Rob Brown | Loop Capital Markets | - | - | 27.74% | -55.87% |
The latest Argan stock forecast, released on Jun 07, 2024 by Robert Brown from Lake Street, set a price target of $85.00, which represents a 11.92% increase from the stock price at the time of the forecast ($75.95), and a -46.42% decrease from AGX last price ($158.63).
Argan Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $80.00 |
| Last Closing Price | $158.63 | $158.63 | $158.63 |
| Upside/Downside | -100.00% | -100.00% | -49.57% |
In the current month, the average price target of Argan stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Argan's last price of $158.63. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jun 07, 2024 | Lake Street | Buy | Buy | Hold |
| Apr 12, 2024 | Lake Street | Buy | Buy | Hold |
Argan's last stock rating was published by Lake Street on Jun 07, 2024. The company gave AGX a "Buy" rating, the same as its previous rate.
Argan Financial Forecast
Argan Revenue Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $163.75M | $141.35M | - | $118.78M | $117.88M | $118.11M | - | $125.57M | $124.45M | $133.01M | - | $117.23M | $127.33M | $87.49M | - | $67.99M | $58.41M |
| Avg Forecast | $249.70M | $253.10M | $241.30M | $231.00M | $233.50M | $242.00M | $230.90M | $202.00M | $207.05M | $225.60M | $191.05M | $134.75M | $162.05M | $160.85M | $140.55M | $113.45M | $122.45M | $131.75M | $118.00M | $106.05M | $120.85M | $129.70M | $134.20M | $118.35M | $137.15M | $117.00M | $84.55M | $65.70M | $81.80M | $50.25M |
| High Forecast | $253.38M | $256.83M | $244.85M | $234.40M | $236.94M | $245.56M | $234.30M | $204.98M | $210.10M | $227.20M | $193.86M | $136.73M | $164.44M | $163.22M | $142.62M | $115.12M | $124.25M | $139.18M | $124.65M | $112.03M | $127.66M | $137.01M | $141.77M | $125.02M | $144.88M | $123.60M | $89.32M | $69.40M | $86.41M | $53.08M |
| Low Forecast | $246.02M | $249.37M | $237.75M | $227.60M | $230.06M | $238.44M | $227.50M | $199.02M | $204.00M | $224.00M | $188.24M | $132.77M | $159.66M | $158.48M | $138.48M | $111.78M | $120.65M | $124.32M | $111.35M | $100.07M | $114.04M | $122.39M | $126.63M | $111.68M | $129.42M | $110.40M | $79.78M | $62.00M | $77.19M | $47.42M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 7 | 7 | 7 | 7 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.01% | - | 0.97% | 0.89% | 1.00% | - | 1.04% | 0.96% | 0.99% | - | 0.85% | 1.09% | 1.03% | - | 0.83% | 1.16% |
Argan's average Quarter revenue forecast for Jan 24 based on 1 analysts is $162.05M, with a low forecast of $159.66M, and a high forecast of $164.44M. AGX's average Quarter revenue forecast represents a -1.04% decrease compared to the company's last Quarter revenue of $163.75M (Oct 23).
Argan EBITDA Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 7 | 7 | 7 | 7 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.86M | $13.24M | - | $9.56M | $9.54M | $13.40M | - | $7.72M | $15.59M | $18.41M | - | $13.02M | $12.11M | $7.69M | - | $-3.12M | $-4.97M |
| Avg Forecast | $7.77M | $7.87M | $7.50M | $7.18M | $7.26M | $7.53M | $7.18M | $6.28M | $6.44M | $7.02M | $5.94M | $4.19M | $5.04M | $5.00M | $4.37M | $3.53M | $10.22M | $3.79M | $8.46M | $3.05M | $3.48M | $3.73M | $7.16M | $3.40M | $3.94M | $3.36M | $-5.58M | $1.89M | $2.35M | $1.45M |
| High Forecast | $7.88M | $7.99M | $7.62M | $7.29M | $7.37M | $7.64M | $7.29M | $6.38M | $6.53M | $7.07M | $6.03M | $4.25M | $5.11M | $5.08M | $4.44M | $3.58M | $12.26M | $4.00M | $10.15M | $3.22M | $3.67M | $3.94M | $8.60M | $3.60M | $4.17M | $3.55M | $-4.46M | $2.00M | $2.49M | $1.53M |
| Low Forecast | $7.65M | $7.76M | $7.39M | $7.08M | $7.16M | $7.42M | $7.08M | $6.19M | $6.34M | $6.97M | $5.85M | $4.13M | $4.97M | $4.93M | $4.31M | $3.48M | $8.17M | $3.58M | $6.77M | $2.88M | $3.28M | $3.52M | $5.73M | $3.21M | $3.72M | $3.17M | $-6.69M | $1.78M | $2.22M | $1.36M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.57% | 3.03% | - | 0.94% | 2.52% | 1.58% | - | 2.22% | 4.18% | 2.57% | - | 3.30% | 3.60% | -1.38% | - | -1.33% | -3.44% |
1 analysts predict AGX's average Quarter EBITDA for Jan 24 to be $5.04M, with a high of $5.11M and a low of $4.97M. This is -35.88% lower than Argan's previous annual EBITDA (Oct 23) of $7.86M.
Argan Net Income Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 7 | 7 | 7 | 7 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.46M | $12.77M | - | $13.63M | $7.76M | $4.22M | - | $-323.00K | $12.39M | $12.87M | - | $9.55M | $9.45M | $5.61M | - | $-12.23M | $-4.56M |
| Avg Forecast | $21.10M | $21.79M | $20.40M | $19.15M | $19.85M | $20.40M | $18.74M | $15.68M | $15.41M | $17.49M | $13.46M | $7.22M | $10.41M | $11.94M | $10.34M | $3.89M | $9.42M | $9.79M | $5.90M | $4.58M | $3.54M | $7.15M | $6.50M | $4.79M | $6.52M | $4.37M | $-1.05M | $-1.11M | $-902.20K | $-1.39M |
| High Forecast | $21.50M | $22.21M | $20.79M | $19.52M | $20.23M | $20.79M | $19.10M | $15.98M | $15.55M | $17.77M | $13.72M | $7.36M | $10.61M | $12.17M | $10.54M | $3.96M | $11.31M | $10.50M | $7.08M | $4.92M | $3.80M | $7.67M | $7.79M | $5.14M | $7.00M | $4.69M | $-839.30K | $-1.03M | $-836.07K | $-1.29M |
| Low Forecast | $20.69M | $21.37M | $20.01M | $18.79M | $19.47M | $20.01M | $18.38M | $15.38M | $15.27M | $17.21M | $13.21M | $7.08M | $10.21M | $11.71M | $10.14M | $3.81M | $7.54M | $9.07M | $4.72M | $4.24M | $3.28M | $6.62M | $5.20M | $4.44M | $6.05M | $4.05M | $-1.26M | $-1.19M | $-968.33K | $-1.49M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.46% | 1.23% | - | 1.45% | 0.79% | 0.72% | - | -0.09% | 1.73% | 1.98% | - | 1.46% | 2.16% | -5.35% | - | 13.56% | 3.29% |
Argan's average Quarter net income forecast for Jan 24 is $10.41M, with a range of $10.21M to $10.61M. AGX's average Quarter net income forecast represents a 90.52% increase compared to the company's last Quarter net income of $5.46M (Oct 23).
Argan SG&A Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 7 | 7 | 7 | 7 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $11.38M | $10.50M | - | $10.47M | $12.67M | $10.98M | - | $15.51M | $11.59M | $10.33M | - | $10.21M | $9.40M | $9.09M | - | $12.36M | $12.13M |
| Avg Forecast | $27.43M | $27.80M | $26.50M | $25.37M | $25.65M | $26.58M | $25.36M | $22.19M | $22.74M | $24.78M | $20.98M | $14.80M | $17.80M | $17.67M | $15.44M | $12.46M | $8.81M | $14.47M | $8.33M | $11.65M | $13.27M | $14.25M | $5.97M | $13.00M | $15.06M | $12.85M | $14.22M | $7.22M | $8.98M | $5.52M |
| High Forecast | $27.83M | $28.21M | $26.89M | $25.75M | $26.02M | $26.97M | $25.73M | $22.51M | $23.08M | $24.95M | $21.29M | $15.02M | $18.06M | $17.93M | $15.66M | $12.64M | $10.57M | $15.29M | $10.00M | $12.30M | $14.02M | $15.05M | $7.16M | $13.73M | $15.91M | $13.58M | $17.07M | $7.62M | $9.49M | $5.83M |
| Low Forecast | $27.02M | $27.39M | $26.11M | $25.00M | $25.27M | $26.19M | $24.99M | $21.86M | $22.41M | $24.60M | $20.67M | $14.58M | $17.54M | $17.41M | $15.21M | $12.28M | $7.05M | $13.65M | $6.67M | $10.99M | $12.53M | $13.44M | $4.77M | $12.27M | $14.21M | $12.13M | $11.38M | $6.81M | $8.48M | $5.21M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.64% | 0.68% | - | 1.19% | 0.88% | 1.32% | - | 1.17% | 0.81% | 1.73% | - | 0.68% | 0.73% | 0.64% | - | 1.38% | 2.20% |
Argan's average Quarter SG&A projection for Jan 24 is $17.80M, based on 1 Wall Street analysts, with a range of $17.54M to $18.06M. The forecast indicates a 56.47% rise compared to AGX last annual SG&A of $11.38M (Oct 23).
Argan EPS Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 7 | 7 | 7 | 7 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.41 | $0.95 | - | $1.01 | $0.56 | $0.30 | - | $-0.02 | $0.79 | $0.82 | - | $0.61 | $0.60 | $0.36 | - | $-0.78 | $-0.29 |
| Avg Forecast | $1.52 | $1.57 | $1.47 | $1.38 | $1.43 | $1.47 | $1.35 | $1.13 | $1.11 | $1.26 | $0.97 | $0.52 | $0.75 | $0.86 | $0.74 | $0.28 | $0.71 | $0.70 | $0.22 | $0.33 | $0.26 | $0.52 | $0.48 | $0.34 | $0.47 | $0.32 | $0.04 | $-0.08 | $-0.07 | $-0.10 |
| High Forecast | $1.55 | $1.60 | $1.50 | $1.41 | $1.46 | $1.50 | $1.38 | $1.15 | $1.12 | $1.28 | $0.99 | $0.53 | $0.76 | $0.88 | $0.76 | $0.29 | $0.72 | $0.76 | $0.24 | $0.35 | $0.27 | $0.55 | $0.52 | $0.37 | $0.50 | $0.34 | $0.05 | $-0.07 | $-0.06 | $-0.09 |
| Low Forecast | $1.49 | $1.54 | $1.44 | $1.35 | $1.40 | $1.44 | $1.32 | $1.11 | $1.10 | $1.24 | $0.95 | $0.51 | $0.74 | $0.84 | $0.73 | $0.27 | $0.70 | $0.65 | $0.20 | $0.31 | $0.24 | $0.48 | $0.44 | $0.32 | $0.44 | $0.29 | $0.04 | $-0.09 | $-0.07 | $-0.11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.48% | 1.28% | - | 1.42% | 0.79% | 1.36% | - | -0.08% | 1.53% | 1.71% | - | 1.30% | 1.90% | 8.00% | - | 12.00% | 2.90% |
According to 1 Wall Street analysts, Argan's projected average Quarter EPS for Jan 24 is $0.75, with a low estimate of $0.74 and a high estimate of $0.76. This represents a 82.93% increase compared to AGX previous annual EPS of $0.41 (Oct 23).
Argan Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AMRC | Ameresco | - | - | 113.99% | Buy |
| BBCP | Concrete Pumping | - | - | 20.83% | Hold |
| APG | APi Group | - | - | 10.78% | Buy |
| FIX | Comfort Systems USA | - | - | 6.91% | Buy |
| BLD | TopBuild | - | - | 6.29% | Buy |
| ACA | Arcosa | - | - | -4.59% | Buy |
| TPC | Tutor Perini | - | - | -7.08% | Buy |
| MYRG | MYR Group | - | - | -8.42% | Buy |
| ROAD | Construction Partners | - | - | -20.31% | Strong Buy |
| GVA | Granite Construction | - | - | -29.50% | |
| AGX | Argan | - | - | -46.42% | Buy |
| PRIM | Primoris Services | - | - | -49.99% | Buy |