Argan Inc. Stock
€66.00
Your prediction
Argan Inc. Stock
Pros and Cons of Argan Inc. in the next few years
Pros
Cons
Performance of Argan Inc. vs. its peers
Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
---|---|---|---|---|---|---|---|
Argan Inc. | -3.650% | -7.042% | 3.125% | 81.319% | 55.660% | 65.829% | 84.900% |
Beazer Homes USA | - | -2.326% | 0.800% | -1.563% | -17.105% | 50.898% | 195.082% |
Orion Marine Group | -1.690% | 8.696% | -3.315% | 244.488% | 97.072% | 81.535% | 287.511% |
Tutor Perini Corp. | -0.980% | 0.000% | -2.885% | 220.635% | 149.383% | 72.650% | 59.331% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Argan, a construction and engineering company with US symbol, appears to be experiencing mixed financial performance. While its balance sheet displays a sizable equity base and robust asset structure, the cash flow statements and income statements suggest a few issues worth exploring. A deep-dive assessment into the company's financials, shedding light on the pros and cons, would provide valuable insight into Argan's current position.
Strong Balance Sheet: With a total stockholder equity of $277,949,000 as of April 30, 2023, the equity base of Argan is sturdy. The company exhibits a healthy asset structure, with its total current assets amounting to $425,001,000 – significantly greater than its total current liabilities of $192,397,000. This indicator implies that the company is in a stable solvency position.
Positive Net Income: As displayed across the income statements, Argan has consistently registered positive net incomes. This performance signifies that the company generates profits after accounting for all expenses and taxes. For instance, the net income recorded on April 30, 2023, stands at $2,109,000, which demonstrates the company's ability to create value for its shareholders.
News
Why Argan Stock Soared 24% Today
Investors in Rockville, Maryland-based engineering firm Argan (NYSE: AGX) are having a good day Friday, as the energy plant builder closes out the week with a powerful earnings report for the fiscal