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.
Our top pick for
Low costs
Our top pick for
Education & learning
Our top pick for
Australian stocks
| 52-week range | $8.27 - $9.7 |
|---|---|
| 50-day moving average | $8.5458 |
| 200-day moving average | $8.7622 |
| Target price | $7.69 |
| PE ratio | 23.55 |
| Dividend yield | $0.345 (4.24%) |
| Earnings per share (TTM) | $0.36 |
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$8.52
| 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% |
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 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 (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.
| 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% |
| Profit margin | 96.85% |
| Book value | 7.938 |
| Market capitalisation | $6.4 billion |
TTM: trailing 12 months
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").
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.
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 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.
Looking to jump on the AI bandwagon? Here's how you can invest in ChatGPT and its parent company OpenAI from Australia.
Looking for the best performing stocks in Australia? We update this list weekly.
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.
Steps to owning and managing Gol Linhas Aéreas Inteligentes SA shares from Australia.
Steps to owning and managing Microsoft shares from in Australia.
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.
Find cheap stock brokerage in Australia when buying and selling shares on the ASX and other international exchanges.
Learn about the money market and everyday consumer money market products.
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.
Follow these tips to find the best share trading platform for you.
