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MarketScreener Homepage  >  Equities  >  Nyse  >  Argan, Inc.    AGX

ARGAN, INC.

(AGX)
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ARGAN INC : Other Events, Financial Statements and Exhibits (form 8-K)

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02/05/2019 | 04:04pm EST

Item 8.01 Other Events.

On February 5, 2019, Argan, Inc. ("Argan") issued a press release announcing that on January 31, 2019, its wholly owned subsidiary, Gemma Power Systems, entered into an engineering, procurement and construction services contract with and received a limited notice to proceed from Guernsey Power Station, LLC to construct a 1,875 MW state-of-the-art natural gas-fired power plant in Guernsey County, Ohio. Construction for the facility is scheduled to begin in the spring with completion scheduled in 2022.

A copy of Argan's press release is attached to this report as Exhibit 99.1 and incorporated herein by reference.




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Item 9.01. Financial Statements and Exhibits.



(d)                 Exhibits



Exhibit No.                      Description

   99.1       Press Release issued by Argan on February 5, 2019

© Edgar Online, source Glimpses

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Financials ($)
Sales 2019 457 M
EBIT 2019 42,0 M
Net income 2019 53,4 M
Finance 2019 377 M
Yield 2019 -
P/E ratio 2019 13,93
P/E ratio 2020 20,77
EV / Sales 2019 0,80x
EV / Sales 2020 0,61x
Capitalization 744 M
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Technical analysis trends ARGAN, INC.
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Mean consensus OUTPERFORM
Number of Analysts 2
Average target price 58,0 $
Spread / Average Target 21%
EPS Revisions
Managers
NameTitle
Rainer H. Bosselmann Chairman & Chief Executive Officer
David Hibbert Watson Chief Financial Officer, Secretary & Treasurer
William F. Leimkuhler Independent Director
Champ Mitchell Independent Director
James W. Quinn Lead Independent Director
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