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 -40.80% downside from AGX’s last price of $143.57) 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 -40.80% downside from AGX's last price of $143.57.
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 | $85.00 | $75.95 | 11.92% | -40.80% |
| Jun 07, 2024 | Rob Brown | Loop Capital Markets | $85.00 | $76.36 | 11.31% | -40.80% |
| Apr 12, 2024 | Rob Brown | Loop Capital Markets | $70.00 | $54.80 | 27.74% | -51.24% |
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 -40.80% decrease from AGX last price ($143.57).
Argan Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $80.00 |
| Last Closing Price | $143.57 | $143.57 | $143.57 |
| Upside/Downside | -100.00% | -100.00% | -44.28% |
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 $143.57. 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 | $276.80M | $277.00M | $271.80M | $262.00M | $270.80M | $253.00M | $193.60M | $175.80M | $197.50M | $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 | $285.91M | $286.12M | $280.75M | $270.62M | $279.71M | $261.33M | $199.97M | $181.59M | $204.00M | $227.20M | $197.34M | $139.18M | $167.38M | $166.14M | $145.18M | $117.18M | $126.48M | $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 | $267.69M | $267.88M | $262.85M | $253.38M | $261.89M | $244.67M | $187.23M | $170.01M | $191.00M | $224.00M | $184.76M | $130.32M | $156.72M | $155.56M | $135.92M | $109.72M | $118.42M | $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 $156.72M, and a high forecast of $167.38M. 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 | $8.61M | $8.62M | $8.45M | $8.15M | $8.42M | $7.87M | $6.02M | $5.47M | $6.14M | $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 | $8.89M | $8.90M | $8.73M | $8.42M | $8.70M | $8.13M | $6.22M | $5.65M | $6.34M | $7.07M | $6.14M | $4.33M | $5.21M | $5.17M | $4.52M | $3.64M | $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 | $8.33M | $8.33M | $8.18M | $7.88M | $8.15M | $7.61M | $5.82M | $5.29M | $5.94M | $6.97M | $5.75M | $4.05M | $4.87M | $4.84M | $4.23M | $3.41M | $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 $5.21M and a low of $4.87M. 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 | $27.09M | $27.51M | $26.95M | $25.12M | $25.68M | $23.30M | $15.72M | $12.63M | $16.07M | $17.68M | $13.61M | $7.30M | $10.53M | $12.07M | $10.46M | $3.93M | $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 | $28.24M | $28.68M | $28.10M | $26.20M | $26.78M | $24.29M | $16.39M | $13.17M | $16.84M | $17.96M | $14.20M | $7.61M | $10.98M | $12.59M | $10.90M | $4.10M | $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 | $25.93M | $26.33M | $25.79M | $24.05M | $24.58M | $22.30M | $15.05M | $12.09M | $15.30M | $17.40M | $13.03M | $6.99M | $10.08M | $11.55M | $10.01M | $3.76M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.45% | 1.22% | - | 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 $10.53M, with a range of $10.08M to $10.98M. AGX's average Quarter net income forecast represents a 92.63% 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 | $30.60M | $30.62M | $30.04M | $28.96M | $29.93M | $27.97M | $21.40M | $19.43M | $21.83M | $24.94M | $21.12M | $14.89M | $17.91M | $17.78M | $15.54M | $12.54M | $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 | $31.60M | $31.63M | $31.03M | $29.91M | $30.92M | $28.89M | $22.10M | $20.07M | $22.55M | $25.11M | $21.81M | $15.39M | $18.50M | $18.37M | $16.05M | $12.95M | $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 | $29.59M | $29.61M | $29.06M | $28.01M | $28.95M | $27.05M | $20.70M | $18.79M | $21.11M | $24.76M | $20.42M | $14.40M | $17.32M | $17.19M | $15.02M | $12.13M | $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 $17.91M, based on 1 Wall Street analysts, with a range of $17.32M to $18.50M. The forecast indicates a 57.47% 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 | $1.93 | $1.96 | $1.92 | $1.79 | $1.83 | $1.66 | $1.12 | $0.90 | $1.15 | $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 | $2.01 | $2.04 | $2.00 | $1.87 | $1.91 | $1.73 | $1.17 | $0.94 | $1.20 | $1.28 | $1.01 | $0.54 | $0.78 | $0.90 | $0.78 | $0.29 | $0.74 | $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 | $1.85 | $1.88 | $1.84 | $1.71 | $1.75 | $1.59 | $1.07 | $0.86 | $1.09 | $1.24 | $0.93 | $0.50 | $0.72 | $0.82 | $0.71 | $0.27 | $0.68 | $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 $0.72 and a high estimate of $0.78. 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 | $23.53 | $38.25 | 62.56% | Buy |
| BLD | TopBuild | $312.44 | $431.00 | 37.95% | Buy |
| FIX | Comfort Systems USA | $436.83 | $575.00 | 31.63% | Buy |
| APG | APi Group | $36.71 | $43.00 | 17.13% | Buy |
| TPC | Tutor Perini | $24.24 | $26.50 | 9.32% | Buy |
| ACA | Arcosa | $100.02 | $104.00 | 3.98% | Buy |
| BBCP | Concrete Pumping | $6.64 | $6.50 | -2.11% | Hold |
| MYRG | MYR Group | $152.30 | $138.33 | -9.17% | Buy |
| ROAD | Construction Partners | $90.42 | $79.67 | -11.89% | Strong Buy |
| GVA | Granite Construction | $91.12 | $70.00 | -23.18% | |
| AGX | Argan | $142.99 | $85.00 | -40.56% | Buy |
| PRIM | Primoris Services | $80.41 | $41.50 | -48.39% | Buy |