How to buy Argo Investments (ARG) shares in Australia
Learn how to easily invest in Argo Investments shares.
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 $280.5 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Argo Investments
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Argo Investments. Find the share by name or ticker symbol: ARG. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Argo Investments reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check on your investment. Congratulations, you own a part of Argo Investments. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.
What's in this guide?
- Argo Investments key stats
- Compare share trading platforms
- Is Argo Investments stock a buy or sell?
- Argo Investments performance over time
- Are Argo Investments shares over-valued?
- Argo Investments's financials
- How volatile are Argo Investments shares?
- Does Argo Investments pay a dividend?
- Have Argo Investments shares ever split?
- Other common questions
Argo Investments stock price (ASX:ARG)Use our graph to track the performance of ARG stocks over time.
Argo Investments shares at a glance
|52-week range||$8.27 - $9.7|
|50-day moving average||$8.5458|
|200-day moving average||$8.7622|
|Dividend yield||$0.345 (4.24%)|
|Earnings per share (TTM)||$0.36|
Compare share trading platforms
Is it a good time to buy Argo Investments stock?
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.
Argo Investments price performance over time
|1 week (2023-11-20)||0.24%|
|1 month (2023-10-27)||2.04%|
|3 months (2023-08-28)||-1.96%|
|6 months (2023-05-26)||-0.93%|
|1 year (2022-11-28)||-7.19%|
|2 years (2021-11-26)||-9.55%|
|3 years (2020-11-27)||2.77%|
|5 years (2018-11-28)||10.36%|
Is Argo Investments under- or over-valued?
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 P/E ratio
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 24x. In other words, Argo Investments shares trade at around 24x 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
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 a its profitability.
Argo Investments financials
|Revenue TTM||$280.5 million|
|Operating margin TTM||96.28%|
|Gross profit TTM||$280.5 million|
|Return on assets TTM||2.54%|
|Return on equity TTM||4.67%|
|Market capitalisation||$6.4 billion|
TTM: trailing 12 months
Argo Investments share dividends
Dividend payout ratio: 1.92% of net profits
Recently Argo Investments has paid out, on average, around 1.92% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.24% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Argo Investments shareholders could enjoy a 4.24% return on their shares, in the form of dividend payments. In Argo Investments's case, that would currently equate to about A$0.345 per share.
While Argo Investments's payout ratio might seem low, this can signify that Argo Investments is investing more in its future growth.
The latest dividend was paid out to all shareholders who bought their shares by 25 August 2023 (the "ex-dividend date").
Have Argo Investments's shares ever split?
Argo Investments's shares were split on a 1.0134:1 basis on 25 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.
Argo Investments share price volatility
Over the last 12 months, Argo Investments's shares have ranged in value from as little as $8.27 up to $9.7. 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 0.611. This would suggest that Argo Investments's shares are less volatile than average (for this exchange).
Argo Investments overview
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.
Stocks similar to Argo Investments
Argo Investments in the news
Frequently asked questions
More guides on Finder
How to buy OpenAI stock in Australia
Looking to jump on the AI bandwagon? Here's how you can invest in ChatGPT and its parent company OpenAI from Australia.
Best performing stocks on the ASX in 2023 (Updated weekly)
Looking for the best performing stocks in Australia? We update this list weekly.
Cryptocurrency ETFs explained: A simple guide for investors (2023)
If you’re looking for ways to gain exposure to Bitcoin and other digital currencies, cryptocurrency ETFs could be worth exploring. Find out what crypto ETFs are and how they work in this introductory guide.
How to buy Gol Linhas Aereas Inteligentes SA ADR (GOL) shares in Australia
Steps to owning and managing Gol Linhas Aéreas Inteligentes SA shares from Australia.
How to buy Microsoft (MSFT) shares in Australia
Steps to owning and managing Microsoft shares from in Australia.
A beginner’s guide to Lego investing
Looking for alternative investments? With a ROI of up to 3,593% lego may be worth considering. Read on to find out which lego sets are worth the investment.
The cheapest stock brokers in Australia (Nov 2023)
Find cheap stock brokerage in Australia when buying and selling shares on the ASX and other international exchanges.
What is the money market?
Learn about the money market and everyday consumer money market products.
Is investing in crowdfunding a safe investment?
Equity crowdfunding offers a unique opportunity for investors and for Australian startups, but Australia’s regulatory framework surrounding crowdfunding still lags behind the rest of the world.
The best trading platforms in Australia for 2023
Follow these tips to find the best share trading platform for you.
Ask an Expert