JP Morgan has downgraded Argan Inc (AGX) to Neutral from Overweight, effective November 30, 2025. The current share price stands at $369.15.
This move underscores a growing caution regarding Argan's outlook, potentially reflecting concerns about competitive pressures, market conditions, or execution risks that could affect the company's performance.
Headquartered in Arlington, Virginia, Argan Inc operates through its subsidiaries, offering a range of services in the construction sector. The company employs 1,595 full-time employees and has a market cap of $4.6 billion. With a P/E ratio of 39.52 and an impressive dividend yield of 53.8%, Argan has positioned itself as a key player in the construction industry, particularly in power generation and telecommunications infrastructure.
Upcoming earnings reports are anticipated, with estimates suggesting an EPS of $2.22 and revenue of $259.7 million for June 2, 2026. Recent performance has shown promise, with Q2 2026 reporting an EPS of $2.50, significantly exceeding estimates by 50.9%.
Analyst ratings serve as professional opinions based on research and financial models. As of December 1, 2025, the consensus rating for Argan Inc is a Buy, with one Strong Buy, three Buy, and three Hold ratings. This update provides insight into the evolving perspectives on the company's future as analysts adjust their positions based on new information.