Argan, Inc. Hits New 52-Week High of $269.35, Soars 246.2% Year-Over-Year

Argan, Inc., a small-cap player in the construction industry, has reached a significant milestone by hitting a new 52-week high of USD 269.35 on September 22, 2025. This achievement underscores the company's robust performance, with a remarkable one-year return of 246.2%, significantly outpacing the S&P 500's 16.64% gain during the same period.
The company's financial metrics reflect its strong market position, characterized by a price-to-earnings (P/E) ratio of 33.00 and a return on equity (ROE) of 29.94%. Argan's low debt-to-equity ratio of -1.45 further highlights its financial stability, while a dividend yield of 0.72% adds to its appeal. The stock has also shown consistent growth, with profits rising by 152.3% over the past year.

Additionally, Argan has maintained positive results for the last eight consecutive quarters, with cash and equivalents reaching a high of USD 1,118.65 million. The company's strong fundamentals and high institutional holdings at 98.05% indicate a solid foundation for continued performance in the competitive construction sector.