Key Highlights:
- Argan Inc. (AGX, Financial) maintains its quarterly dividend at $0.375 per share.
- Analyst consensus suggests a one-year price target of $150, offering a potential 8.7% upside.
- GuruFocus estimates a one-year GF Value for AGX at $88.43, indicating potential downside.
Argan, Inc. (AGX) has announced the continuation of its quarterly dividend at $0.375 per share, offering investors a forward yield of 1.09%. This dividend is scheduled for payment on April 30 to shareholders of record by April 22, with the ex-dividend date also on April 22.
Wall Street Analysts' Forecast
According to projections from two analysts, Argan Inc. (AGX) is anticipated to have a one-year price target of $150.00, uniformly estimated by both. This target suggests an upside potential of 8.70% from the current market price of $138.00. For those seeking more granular forecast data, it is available on the Argan Inc. (AGX, Financial) Forecast page.
Brokerage Recommendations
The consensus recommendation from two brokerage firms for Argan Inc. suggests an average rating of 2.5, classifying it as "Outperform." This rating falls within a scale where 1 means Strong Buy and 5 indicates Sell.
GF Value Estimations
According to GuruFocus GF Value estimates, the one-year projection for Argan Inc. stands at $88.43, implying a potential downside of 35.92% against the existing price of $138. The GF Value reflects the fair market value of the stock, derived from historical trading multiples, previous business growth trajectories, and future performance forecasts. Investors can delve deeper into this data via the Argan Inc. (AGX, Financial) Summary page.
