Argan, Inc. (AGX) Reaches $41.45 Yearly Low; Last Week Asbury Automotive Group, Inc. (ABG) Analysts

February 5, 2018 - By Marie Mckinney

The stock of Argan, Inc. (NYSE:AGX) hit a new 52-week low and has $40.21 target or 3.00% below today’s $41.45 share price. The 7 months bearish chart indicates high risk for the $644.49M company. The 1-year low was reported on Feb, 5 by Barchart.com. If the $40.21 price target is reached, the company will be worth $19.33M less. The stock decreased 1.54% or $0.65 during the last trading session, reaching $41.45. About 43,024 shares traded. Argan, Inc. (NYSE:AGX) has risen 101.20% since February 5, 2017 and is uptrending. It has outperformed by 84.50% the S&P500.

Among 7 analysts covering Asbury Automotive (NYSE:ABG), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Asbury Automotive had 21 analyst reports since July 22, 2015 according to SRatingsIntel. Buckingham Research upgraded the shares of ABG in report on Tuesday, February 23 to “Buy” rating. The company was upgraded on Monday, August 31 by Buckingham Research. The stock has “Underperform” rating by Bank of America on Wednesday, July 22. On Wednesday, July 26 the stock rating was maintained by Craig Hallum with “Hold”. The stock of Asbury Automotive Group, Inc. (NYSE:ABG) earned “Buy” rating by KeyBanc Capital Markets on Friday, August 28. The rating was downgraded by KeyBanc Capital Markets on Wednesday, November 16 to “Sector Weight”. The firm has “Hold” rating by KeyBanc Capital Markets given on Monday, November 13. The firm has “Hold” rating by Jefferies given on Friday, September 8. Jefferies initiated the shares of ABG in report on Monday, April 11 with “Hold” rating. Jefferies maintained the shares of ABG in report on Wednesday, October 11 with “Hold” rating. See Asbury Automotive Group, Inc. (NYSE:ABG) latest ratings:




13/11/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
11/10/2017 Broker: Jefferies Rating: Hold New Target: $61.0 Maintain
03/10/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
08/09/2017 Broker: Jefferies Rating: Hold New Target: $61.0 Maintain
31/08/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain

The stock decreased 1.02% or $0.7 during the last trading session, reaching $67.8. About 9,652 shares traded. Asbury Automotive Group, Inc. (NYSE:ABG) has risen 7.55% since February 5, 2017 and is uptrending. It has underperformed by 9.15% the S&P500.

Asbury Automotive Group, Inc. operates as an automotive retailer in the United States. The company has market cap of $1.41 billion. It offers a range of automotive services and products, including new and used vehicles; and vehicle repair and maintenance, replacement parts, and collision repair services. It has a 8.77 P/E ratio. The firm also provides finance and insurance products, including arranging vehicle financing through third parties; and aftermarket products, such as extended service contracts, guaranteed asset protection insurance, prepaid maintenance, and credit life and disability insurance.

Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.12, from 1.03 in 2017Q2. It is negative, as 18 investors sold Asbury Automotive Group, Inc. shares while 52 reduced holdings. 19 funds opened positions while 45 raised stakes. 20.68 million shares or 2.75% less from 21.26 million shares in 2017Q2 were reported. Ls Advisors invested in 661 shares or 0% of the stock. Geode Llc holds 0% in Asbury Automotive Group, Inc. (NYSE:ABG) or 165,571 shares. Barclays Public Lc reported 0% in Asbury Automotive Group, Inc. (NYSE:ABG). Goldman Sachs has invested 0.01% of its portfolio in Asbury Automotive Group, Inc. (NYSE:ABG). Parametric Port Ltd has 92,735 shares for 0.01% of their portfolio. River Road Asset Management Ltd holds 538,734 shares. Sei Investments holds 0.02% of its portfolio in Asbury Automotive Group, Inc. (NYSE:ABG) for 74,881 shares. First Lp stated it has 0% in Asbury Automotive Group, Inc. (NYSE:ABG). Jacobs Levy Equity Mngmt Incorporated has 0.01% invested in Asbury Automotive Group, Inc. (NYSE:ABG) for 5,940 shares. Bogle Invest Mgmt Limited Partnership De stated it has 7,750 shares or 0.03% of all its holdings. Menta Capital Limited Liability reported 3,398 shares or 0.03% of all its holdings. State Street holds 0% or 531,256 shares. Parametrica Management Limited holds 0.09% of its portfolio in Asbury Automotive Group, Inc. (NYSE:ABG) for 3,648 shares. Brandywine Glob Inv Mngmt Ltd Limited Liability Company has invested 0.03% in Asbury Automotive Group, Inc. (NYSE:ABG). Alliancebernstein L P has invested 0% in Asbury Automotive Group, Inc. (NYSE:ABG).

Since August 14, 2017, it had 0 buys, and 4 insider sales for $14.00 million activity. $293,300 worth of stock was sold by Clements DEnnis E on Friday, September 15. Shares for $5.38 million were sold by MSD CAPITAL L P. MONAGHAN CRAIG T sold $2.94M worth of stock or 48,288 shares. On Monday, August 14 the insider ALSFINE JOEL sold $5.38 million.

Among 3 analysts covering Argan (NYSE:AGX), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. Argan had 4 analyst reports since October 16, 2015 according to SRatingsIntel. The rating was initiated by Wm Smith with “Not Rated” on Friday, October 16. Avondale downgraded Argan, Inc. (NYSE:AGX) on Thursday, December 8 to “Mkt Perform” rating. The stock has “Hold” rating by Lake Street on Thursday, December 7. The rating was initiated by Lake Street on Thursday, June 9 with “Buy”.

Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, activities management, maintenance, development, technical, and consulting services to the power generation and renewable energy markets. The company has market cap of $644.49 million. The companyÂ’s Power Industry Services segment offers engineering, procurement, and construction contracting services to the owners of alternative energy facilities, such as biomass plants, wind farms, and solar fields; and design, construction, start-up, and operation services for approximately 76 facilities with approximately 14,500 megawatts of power-generating capacity. It has a 7.71 P/E ratio. This segment serves independent power project owners, public utilities, power plant equipment suppliers, and global energy plant construction firms.

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