Argan Inc. Stock
Argan Inc. Stock
Pros and Cons of Argan Inc. in the next few years
Pros
Cons
Performance of Argan Inc. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Argan Inc. | -1.160% | 17.931% | 19.580% | 144.286% | 27.612% | 819.355% | 814.439% |
| Great La.dr.+do.new | 0.000% | 13.710% | 7.634% | 35.577% | 27.027% | 149.558% | 10.156% |
| Matrix Serv. Co. | -0.530% | -15.487% | -18.376% | -33.217% | -3.046% | 54.032% | -8.173% |
| Arcosa Inc | 0.000% | 5.941% | 7.538% | 12.632% | 16.304% | 96.330% | 100.000% |
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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Argan, a construction and engineering company with US symbol, appears to be experiencing mixed financial performance. While its balance sheet displays a sizable equity base and robust asset structure, the cash flow statements and income statements suggest a few issues worth exploring. A deep-dive assessment into the company's financials, shedding light on the pros and cons, would provide valuable insight into Argan's current position.
Strong Balance Sheet: With a total stockholder equity of $277,949,000 as of April 30, 2023, the equity base of Argan is sturdy. The company exhibits a healthy asset structure, with its total current assets amounting to $425,001,000 – significantly greater than its total current liabilities of $192,397,000. This indicator implies that the company is in a stable solvency position.
Positive Net Income: As displayed across the income statements, Argan has consistently registered positive net incomes. This performance signifies that the company generates profits after accounting for all expenses and taxes. For instance, the net income recorded on April 30, 2023, stands at $2,109,000, which demonstrates the company's ability to create value for its shareholders.
News
Why Argan Stock Soared This Week
A shift in investor thinking has been hitting the "Magnificent Seven" big tech stocks recently, as investors wonder whether they are overspending on artificial intelligence (AI) infrastructure
This Could Be One of the Best Industrial Stocks to Hold for the Next 10 Years
If there's a race to secure and produce electricity, then there's also a race to build the corresponding power plants and infrastructure. One industrial stock that will benefit from this explosion
This Stock Is Up 127%, and a New $16 Million Position Suggests There’s Room to Grow
Hong Kong-based Alpine Investment Management initiated a new position in Argan (NYSE:AGX) worth approximately $16.20 million, according to a November 12 SEC filing.
According to a filing with the