Argan (NYSE:AGX) issued its quarterly earnings results on Monday. The construction company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.33, Fidelity Earnings reports. Argan had a net margin of 6.08% and a return on equity of 7.26%.
Shares of NYSE:AGX opened at $49.16 on Wednesday. The firm has a market capitalization of $775.25 million, a price-to-earnings ratio of 32.56 and a beta of 0.54. The business’s fifty day simple moving average is $50.71. Argan has a 52 week low of $39.15 and a 52 week high of $55.99.
The firm also recently declared a quarterly dividend, which was paid on Friday, April 30th. Stockholders of record on Thursday, April 22nd were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, April 21st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.03%.
Argan, Inc, through its subsidiaries, provides engineering, procurement, construction, commissioning, operations management, maintenance, project development, technical, and consulting services to the power generation and renewable energy markets. The company operates through three segments: Power Industry Services, Industrial Fabrication and Field Services, and Telecommunications Infrastructure Services.
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