Argan (NYSE:AGX) Given New $375.00 Price Target at Lake Street Capital

Argan (NYSE:AGX) had its price target upped by equities researchers at Lake Street Capital from $325.00 to $375.00 in a research note issued on Friday,Benzinga reports. The firm presently has a “hold” rating on the construction company’s stock. Lake Street Capital’s target price points to a potential downside of 33.43% from the company’s current price.

Other analysts have also issued research reports about the company. JPMorgan Chase & Co. upgraded Argan from a “neutral” rating to an “overweight” rating and set a $550.00 price objective for the company in a report on Friday. Freedom Capital raised Argan to a “hold” rating in a research report on Tuesday, March 10th. Zacks Research cut Argan from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 3rd. CJS Securities raised Argan to a “hold” rating in a report on Thursday, December 11th. Finally, Weiss Ratings restated a “buy (b+)” rating on shares of Argan in a report on Wednesday, December 24th. Four research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $401.20.

Argan Stock Performance

AGX traded up $152.51 on Friday, hitting $563.36. The company had a trading volume of 780,261 shares, compared to its average volume of 449,768. The stock has a market capitalization of $7.81 billion, a price-to-earnings ratio of 66.37 and a beta of 0.57. The stock has a fifty day moving average price of $416.24 and a 200-day moving average price of $344.43. Argan has a 12-month low of $111.16 and a 12-month high of $561.17.

Argan (NYSE:AGX) last released its quarterly earnings results on Thursday, March 26th. The construction company reported $3.47 EPS for the quarter, beating the consensus estimate of $1.99 by $1.48. The business had revenue of $262.05 million during the quarter, compared to analyst estimates of $255.32 million. Argan had a net margin of 13.11% and a return on equity of 31.38%. The company’s quarterly revenue was up 12.7% on a year-over-year basis. During the same period in the prior year, the firm posted $2.22 earnings per share.

Insider Buying and Selling at Argan

In other Argan news, Director William F. Leimkuhler sold 11,044 shares of the company’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $379.15, for a total value of $4,187,332.60. Following the sale, the director directly owned 49,939 shares of the company’s stock, valued at approximately $18,934,371.85. This represents a 18.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John Ronald Jr. Jeffrey sold 5,000 shares of the stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $360.78, for a total value of $1,803,900.00. Following the sale, the director directly owned 8,192 shares in the company, valued at $2,955,509.76. This represents a 37.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 54,715 shares of company stock worth $19,787,260 over the last ninety days. 6.69% of the stock is owned by insiders.

Hedge Funds Weigh In On Argan

Institutional investors and hedge funds have recently modified their holdings of the stock. Aster Capital Management DIFC Ltd acquired a new position in Argan in the third quarter valued at approximately $25,000. Danske Bank A S purchased a new stake in Argan during the third quarter worth $27,000. Montag A & Associates Inc. purchased a new stake in Argan during the fourth quarter worth $30,000. University of Texas Texas AM Investment Management Co. acquired a new stake in Argan during the fourth quarter valued at $30,000. Finally, Hilton Head Capital Partners LLC acquired a new stake in Argan during the fourth quarter valued at $31,000. Institutional investors and hedge funds own 79.43% of the company’s stock.

Key Stories Impacting Argan

Here are the key news stories impacting Argan this week:

• Positive Sentiment: Q4 beat — Argan reported EPS of $3.47 and revenue of $262.05M, topping consensus and showing double‑digit revenue growth year‑over‑year; the strong print and margins are the primary catalyst for the rally. Argan, Inc. Reports Fourth Quarter and Fiscal Year 2026 Results
• Positive Sentiment: Backlog & guidance — Management highlighted a backlog near $2.9B and gave constructive FY27 commentary, which supports revenue visibility and helped lift sentiment. Argan (AGX) Stock Soars 10% Following Exceptional Q4 Performance
• Positive Sentiment: Analyst moves — JPMorgan upgraded AGX to overweight and set a $550 price target, and other analysts revised forecasts ahead of earnings, adding buy‑side momentum. Finviz AGX Quote / Analyst Notes
• Neutral Sentiment: Investor materials available — The company posted its earnings release, slide deck and the earnings‑call transcript, useful for digging into project timelines, margin drivers and guidance details. Argan Q4 Earnings / Transcript / Slide Deck
• Negative Sentiment: Valuation & positioning — The stock is trading near its 52‑week high with a relatively high P/E (~63x), which could limit upside if future quarters don’t sustain the margin/revenue beats. Argan (AGX) Stock Profile

Argan Company Profile

Argan, Inc (NYSE: AGX) is a holding company that provides professional technical and management services to the power generation and renewable energy industries. Through its wholly owned subsidiaries, the company delivers engineering, procurement and construction management (EPCM), commissioning and operations and maintenance (O&M) services for a broad range of energy facilities. Argan focuses on projects for utility, industrial and municipally owned clients, helping to bring efficient thermal and renewable energy plants into operation and maintain optimal performance over the asset life cycle.

The company’s principal subsidiaries include Gemma Power Systems, which specializes in turnkey construction of combined-cycle, simple-cycle, cogeneration and renewable energy plants; Atlantic Projects Company, which provides electrical balance-of-plant, control systems, instrumentation and commissioning services; and Infrastructure Solutions, which offers industrial maintenance, outage support and modification services.