Argan
About: Argan Inc is a United States-base construction firm that conducts operations through its wholly-owned subsidiaries, GPS, APC, TRC and SMC. Through GPS and APC it provides a full range of engineering, procurement, construction, commissioning, maintenance, project development and technical consulting services to the power generation market, including the renewable energy sector, for a wide range of customers, including independent power project owners, public utilities, power plant heavy equipment suppliers and other commercial firms with power requirements in the U.S., Ireland and the U.K. It operates in three segments: Power Services, Industrial Services, and Telecom Services, out of which Power Services derive majority revenue.
Employees: 1,214
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
200% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 6 (+4) [Q4]
91% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 35
31% more capital invested
Capital invested by funds: $1.21B [Q3] → $1.59B (+$378M) [Q4]
11% more funds holding
Funds holding: 241 [Q3] → 267 (+26) [Q4]
4% less call options, than puts
Call options by funds: $22.5M | Put options by funds: $23.4M
3.05% less ownership
Funds ownership: 88.29% [Q3] → 85.24% (-3.05%) [Q4]
25% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 102
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
CJS Securities Chris Moore 0 / 0 met price target | 12%upside $150 | Market Perform Downgraded | 6 Dec 2024 |
Lake Street Robert Brown 25% 1-year accuracy 1 / 4 met price target | 12%upside $150 | Hold Downgraded | 3 Dec 2024 |
Financial journalist opinion
Based on 4 articles about AGX published over the past 30 days
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