Top 3 Industrials Stocks That Are Set To Fly In September
Industrials stocks RBC Bearings, Park Aerospace and Argan show RSI near 30, signaling oversold conditions and potential buying opportunities.
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Argan Q2 EPS $3.76 Beats $2.55 Estimate, Sales $383.976M Beat $300.614M Estimate
Argan (NYSE:AGX) reported quarterly earnings of $3.76 per share which beat the analyst consensus estimate of $2.55 by 47.45 percent. This is a 50.4 percent increase over earnings of $2.50 per share from the same period
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Lake Street Upgrades Argan to Buy, Announces $600 Price Target
Lake Street analyst Robert Brown upgrades Argan (NYSE:AGX) from Hold to Buy and announces $600 price target.
Argan shares are trading higher after the company reported better-than-expected Q2 financial results.
Argan (AGX) Q2 Earnings and Revenues Beat Estimates
Argan (AGX) reported quarterly earnings of $3.76 per share, significantly beating consensus estimates of $2.68 and delivering a 40.3% earnings surprise. The company also surpassed revenue expectations with $383.98 million. However, the stock holds a Zacks Rank #3 (Hold) rating with mixed estimate revisions. Meanwhile, Thor Industries (THO) is expected to report a 58.9% year-over-year earnings decline for the same quarter.