The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

AGX

Concerning the House

Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, maintenance, project development, and technical consulting services to the power generation market in the United States, Republic of Ireland, and the United Kingdom. It operates through three segments: Power, Industrial, and Teledata. Its Power segment offers engineering, procurement, and construction, as well as designing, building, and commissioning of large-scale energy projects; and design, construction, project management, start-up, and operation, as well as provides technical consulting services; and turbine, boiler, and large rotating equipment. This segment serves independent power producers, public utilities, power plant equipment suppliers, and other commercial firms. The company's Industrial segment provides field services that support new plant construction and additions; maintenance turnarounds; shutdowns and emergency mobilizations for industrial plants; and fabricates, delivers, and installation of metal components, such as piping systems and pressure vessels. Its Teledata segment offers trenchless directional boring and excavation for underground communication and power networks; aerial cabling; high and low voltage electric lines; and private area outdoor lighting systems, as well as installs buried cable. It also provides structured cabling, terminations, and connectivity that offers the physical transport for high-speed data, voice, video, and security networks; and utility construction services and comprehensive technology wiring solutions. This segment serves electricity cooperative, state and federal government agencies, counties and municipalities, and technology-oriented government contracting firms, as well as customers in the mid-Atlantic region of the United States. Argan, Inc. was incorporated in 1961 and is headquartered in Arlington, Virginia.

United States · www.arganinc.com

The Long Run

FY 2011–2026 · 15 years

LineLatestCAGRTrend
Revenue$573.33M+25.6%
Gross profit$193.68M+15.7%
Operating income$88.19M+16.6%
Net income$137.77M+25.2%
Cash from ops$167.58M+11.4%
Quotation

$558.89

-13.21 (-2.3%)

52w hi$797.90
52w lo$202.87
Vol284.98K
As ofAug 13
The Verdict

Hold

Our score +0.02

Short-0.16
Medium+0.03
Long+0.34

computed 2026-08-13

By the Numbers

Argan, Inc.

Industrials · Engineering & Construction

Market cap$7.84B
Enterprise value$7.06B
Trailing P/E49.11x
Forward P/E34.40x
EV / EBITDA44.62x
P / S (ttm)7.52x
Profit margin15.5%
Return on equity38.5%
Revenue growth+50.2%
Earnings growth+102.5%
Debt / equity2.02
Risk Metrics
Beta vs SPX1.59
Corr SPX0.35
Annual vol73.8%
Annual ret+129.9%
Sharpe1.76
Max DD-43.9%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.36
Sector+0.07
Technical-0.04
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$569.10$582.92$558.89$558.89284.98K
Aug 12$602.32$608.67$572.10$572.10268.20K
Aug 11$588.63$603.45$578.23$578.51258.30K
Aug 10$603.73$607.44$577.46$581.26256.90K
Aug 7$607.00$609.97$581.79$597.33137.50K