Argan, Inc. Hits New 52-Week High of $279.75, Soars 260.75% Yearly

Argan, Inc., a small-cap player in the construction industry, has reached a significant milestone by hitting a new 52-week high of USD 279.75 on October 1, 2025. This achievement underscores the company's robust performance, as it has delivered an impressive 260.75% return over the past year, significantly outpacing the S&P 500's 16.09% gain during the same period.
The company's financial metrics reflect its strong position in the market. With a market capitalization of USD 2,815 million, Argan, Inc. boasts a price-to-earnings (P/E) ratio of 33.00 and a return on equity (ROE) of 29.94%. Its low debt-to-equity ratio of -1.45 indicates a solid financial foundation, while a dividend yield of 0.72% adds to its appeal.

Argan has consistently reported positive results for the last eight consecutive quarters, with a notable reduction in raw material costs by 38.28% year-over-year. The company’s cash and equivalents reached a high of USD 1,118.65 million, further solidifying its financial strength. With high institutional holdings at 98.05%, Argan, Inc. continues to demonstrate resilience and growth in a competitive landscape.