GLJ Research has initiated coverage on Argan Inc (AGX) with a Hold rating, marking the firm's first assessment of the company's investment potential. This decision reflects GLJ's analysis of Argan's business, industry dynamics, and growth prospects.
Argan Inc operates in the construction sector, providing a range of services through its subsidiaries, including Gemma Power Systems, LLC and Atlantic Projects Company Limited. The company, headquartered in Arlington, Virginia, employs approximately 1,595 full-time staff. Its services cater to the power generation market, including renewable energy, and extend to industrial construction and telecommunications infrastructure.
As of September 21, 2025, Argan's stock trades at $333.00, with a market capitalization of $5.0 billion. The company reports a P/E ratio of 42.27 and an impressive dividend yield of 55.8%. Upcoming earnings are anticipated on June 2, 2026, with estimates of $2.05 EPS and $279.6 million in revenue.
Analyst ratings serve as professional opinions derived from research and financial models, providing valuable insights into a company's prospects. However, they are based on assumptions that may not always materialize. Investors should consider a variety of factors, including company fundamentals and market trends, when making decisions. Analyst views should complement broader research rather than serve as the sole basis for investment choices.
It is important to note that analyst ratings can evolve as new information becomes available. The current consensus for Argan Inc is categorized as Buy, with one Strong Buy, three Buy, and three Hold ratings among analysts as of November 1, 2025.