Argan, Inc. (AGX) Dividends

AGX Price Forecast Based on Dividend Discount Model

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for AGX, the DDM model, as implemented by StockNews, implies a positive return of 262.74% relative to its current price. Digging deeper, the aspects of Argan Inc's dividend discount model that we found most interesting were:

• In comparison to other US listed dividend yielding stocks in the Industrials sector, Argan Inc's expected return of 262.74% is higher than 95.71% of its fellow sector mates.
• Out of all stocks in our universe of US-listed dividend-issuing stocks, Argan Inc bears a discount rate, according to our calculations, lower than 95.71% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
• Beta, a measure of volatility relative to the stock market overall, is lower for Argan Inc than it is for 94.85% of other dividend issuers in the Industrials sector.
• In terms of who is growing the amount of dividends they return to shareholders, AGX boasts a higher growth rate in terms of its annual cash distributed to its owners than 88.01% of the dividend issuers in our set.

AGX Dividends vs. Peers