Argo Investments is an asset management business based in Australia. Argo Investments shares (ARG) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Argo Investments has a trailing 12-month revenue of around $280.6 million. If you're looking to buy shares, check out the steps below.
To buy shares listed in Australia such as Argo Investments, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.
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| 52-week range | $8.1187 - $9.0219 |
|---|---|
| 50-day moving average | $8.696 |
| 200-day moving average | $8.7201 |
| Target price | $7.69 |
| PE ratio | 24.6 |
| Dividend yield | $0.345 (3.83%) |
| Earnings per share (TTM) | $0.35 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$8.64
| 1 week (2024-05-24) | 0.12% |
|---|---|
| 1 month (2024-05-01) | 0.47% |
| 3 months (2024-03-01) | -2.59% |
| 6 months (2023-12-01) | 1.29% |
| 1 year (2023-06-01) | -0.46% |
|---|---|
| 2 years (2022-06-01) | -8.47% |
| 3 years (2021-06-01) | -1.03% |
| 5 years (2019-05-31) | 9.09% |
Valuing Argo Investments stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Argo Investments's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Argo Investments's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 25x. In other words, Argo Investments shares trade at around 25x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Argo Investments's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $270.5 million (£0.0 million).
The EBITDA is a measure of a Argo Investments's overall financial performance and is widely used to measure stock profitability.
| Revenue TTM | $280.6 million |
|---|---|
| Operating margin TTM | 96.27% |
| Gross profit TTM | $280.5 million |
| Return on assets TTM | 2.45% |
| Return on equity TTM | 4.33% |
| Profit margin | 92.67% |
| Book value | 8.146 |
| Market capitalisation | $6.6 billion |
TTM: trailing 12 months
We're not expecting Argo Investments to pay a dividend over the next 12 months.
Argo Investments's shares were split on a 1.0134:1 basis on 24 February 2002. So if you had owned 1 share the day before the split, the next day you would own 1.0134 shares. This wouldn't directly have changed the overall worth of your Argo Investments shares – just the quantity. However, indirectly, the new 1.3% lower share price could have impacted the market appetite for Argo Investments shares which in turn could have impacted Argo Investments's share price.
Over the last 12 months, Argo Investments's shares have ranged in value from as little as $8.1187 up to $9.0219. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Argo Investments's is 0.606. This would suggest that Argo Investments's shares are less volatile than average (for this exchange).
Argo Investments Limited is a publicly owned investment manager. The firm manages separate client focused equity portfolios for its clients. It invests in public equity markets of Australia. The firm employs a qualitative analysis with bottom-up stock picking approach to create its portfolio. It conducts in-house analysis to make its investments. Argo Investments Limited was founded in 1946 and is based in Adelaide, Australia with an additional office in Sydney, Australia.
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