Is NYSE:AGX a Fit for Growth Investing Strategies?

Growth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if ARGAN INC (NYSE:AGX) is suited for growth investing. Investors should of course do their own research, but we spotted ARGAN INC showing up in our Louis Navellier growth screen, so it may be worth spending some more time on it.

Looking into the growth metrics of ARGAN INC

• With a favorable Return on Equity (ROE) of 20.11%, ARGAN INC demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
• ARGAN INC has a strong history of beating EPS estimates in the last 4 quarters, signaling its ability to consistently exceed market expectations. This indicates the company's strong financial performance and its potential for creating shareholder value.
• The 1-year revenue growth of ARGAN INC (52.83%) has been strong, reflecting the company's ability to generate consistent sales growth. This growth suggests the company's ability to meet customer needs and expand its market share.
• The q2q revenue growth of 56.95% of ARGAN INC highlights the company's ability to generate incremental revenue and suggests positive market demand for its products or services.
• With positive growth in its operating margin over the past year, ARGAN INC showcases its ability to improve profitability through effective cost control and operational efficiency. This growth underscores the company's commitment to enhancing its financial performance.
• With a favorable trend in its free cash flow (FCF) over the past year, ARGAN INC demonstrates its ability to generate robust cash flows and maintain financial stability. This growth reflects the company's focus on efficient capital allocation and cash management.
• ARGAN INC has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 400.0% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• Over the past 3 months, analysts have adjusted their EPS Estimate for ARGAN INC with a 7.01% change. This highlights the evolving outlook on the company's EPS potential.
• In the most recent financial report, ARGAN INC reported a 400.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• The earnings per share (EPS) growth of ARGAN INC are accelerating: the current Q2Q growth of 400.0% is above the previous year Q2Q growth of -28.57%. Earnings momentum and acceleration are key for high growth systems.

Fundamental analysis of NYSE:AGX

ChartMill assigns a Fundamental Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple fundamental indicators and properties.

Taking everything into account, AGX scores 7 out of 10 in our fundamental rating. AGX was compared to 47 industry peers in the Construction & Engineering industry. While AGX has a great health rating, its profitability is only average at the moment. AGX is growing strongly while it is still valued neutral. This is a good combination! This makes AGX very considerable for growth investing!

Check the latest full fundamental report of AGX for a complete fundamental analysis.

Our Lois Navellier screen will find you more ideas suited for growth investing.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.