How to Buy Argan Stock
Argan Inc
Argan is a engineering & construction company located in Maryland, United States, which is part of the Industrials sector, and is traded under the ticker AGX on the NYSE exchange.
Argan stock last closed at $61.21, down 0.68% from the previous day, and has increased 52.15% in one year. It has overperformed other stocks in the Engineering & Construction industry by 0 percentage points. Argan stock is currently +63.82% from its 52-week low of $37.37, and -2.36% from its 52-week high of $62.69.
As of Apr 24, 2024, there are 13.24M AGX shares outstanding. The market capitalization of AGX is $810.43M. In the past 24 hours, 93,975 AGX shares were traded.
How to Buy Argan Stock
Wondering how to invest in Argan stock? Here's how.
- Decide where to buy Argan stock: You need to pick an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Argan stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Choose your method of payment and add your information.
- Analyze Argan stock: The Argan ticker symbol is AGX. Is Argan stock a good investment? Should you buy shares of AGX? How do AGX's underlying business fundamentals look? Do top analysts think Argan is a good buy? Why has AGX's stock price moved recently? (Hint: Our stock research website can help you figure out if AGX is a good stock to buy).
- Execute your AGX purchase: Decide if you will purchase AGX shares at the current market price or use a limit order to buy AGX shares at a given price.
- Get the latest news on your investment in AGX: Create a watchlist to monitor your position in Argan stock.
Step 1: Decide where to buy Argan stock
You need a brokerage account to access the NYSE market and buy AGX shares.
Our preferred brokerage: eToro
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Get $10 towards your purchase of shares by signing up for an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal details so you are able to invest in AGX stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start a new trading account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've finished signing up on apps for stock market, your next step is to transfer the money for your investment:
Watch the video below for more details depositing funds into your new investment account.
Step 4: Analyze Argan stock
After you have figured out the best place to buy Argan stock, it's crucial to research their stock prior to buying, so you can comprehend the risk as well as the upside.
Overview of key AGX info
Fundamentals of AGX
WallStreetZen was created to help part-time investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on AGX's stock page.
What is the fair value of AGX stock?
Investors use many financial metrics, analyses, models, and charts to gauge AGX's intrinsic value.
Using relative valuations metrics:
- AGX could be undervalued based on its P/E ratio of 25.29x, relative to Engineering & Construction industry P/E ratio of 35.13x
- AGX may be undervalued based on its P/B ratio of 2.79x, relative to Engineering & Construction industry P/B ratio of 4.16x
You can access additional valuation research on AGX's stock here.
A quick look at AGX Financials
Passed Financial Due Diligence Checks:
- AGX earnings of $48.93M is not sufficient to cover its interest payments.
- There are more short-term assets than long-term liabilities on the AGX balance sheet.
- There are more short-term assets than short-term liabilities on the AGX balance sheet.
- AGX's operating cash flow of $116.86M allows it to safely service it's debt of $0.00.
Failed Financial Due Diligence Checks:
- AGX has a relatively high debt to equity ratio of 1.06.
- Total AGX debt is higher than 5 years ago, relative to shareholder equity.
- AGX profit margin has gone down from 7.3% to 5.6% in the past year.
Is it a good time to buy AGX stock, according to analysts?
Out of 1 Equities analysts who research AGX, the consensus analyst rating on Argan is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Argan stock forecast page.
AGX Technical Indicators
AGX Earnings
Last year, AGX earnings were $32.36M. In the last five year, AGX's earnings have gone up by -6.24% per year. This was slower than the Engineering & Construction industry average of 18.94%.
Last year, AGX revenue was $573.33M. In the past 5 year, AGX's revenue has grown by 3.52% per year. This was slower than the Engineering & Construction industry average of 10.57%.
Dive into AGX's earnings and revenue performance here.
Are AGX executives and large shareholders buying or selling the stock?
In the past year, insiders at AGX have sold more shares than they have bought.
Richard H. Deily, CHIEF FINANCIAL OFFICER SVP of AGX, was the latest AGX insider to sell. They sold $382,554.40 worth of AGX stock on Apr 19, 2024.
Dig into more about who owns AGX shares here.
Can I rely on AGX as an income stream?
Argan pays a dividend of 1.88%, compared to the Engineering & Construction industry's average dividend yield of 0.69%. If you owned $1,000 worth of AGX stock, you would have received $18.79 last year.
Argan dividend payments have not consistently grown over the past decade and have not remained stable.
Find more analysis about Argan dividend yield and history here.
What do other traders have to say about AGX?
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Execute your AGX purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific price, place a limit order.
Press the Open button and your broker will execute the order.
If you need additional help investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your investment in AGX
Now that you own some AGX shares, you'll want to stay up-to-date on your stock purchase.
Put AGX on a watchlist to see the latest developments about your AGX stock.
AGX Feed
How to Buy Stock in Argan
To summarize, here are the 6 steps to buy Argan stock:
- Decide where to buy Argan stock
- Open your brokerage account
- Fund your investment account
- Analyze Argan stock
- Execute your AGX purchase
- Get the latest news on your investment in AGX
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Argan, create a watchlist on WallStreetZen today.
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