American Vanguard Corporation (NYSE:AVD)‘s stock had its “hold” rating reaffirmed by stock analysts at Piper Jaffray Companies in a research report issued to clients and investors on Friday. They currently have a $23.00 price target on the basic materials company’s stock. Piper Jaffray Companies’ price objective would suggest a potential upside of 9.79% from the company’s previous close.
Other equities research analysts have also issued reports about the company. Zacks Investment Research raised American Vanguard Corporation from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a research report on Wednesday. Roth Capital set a $28.00 target price on American Vanguard Corporation and gave the stock a “buy” rating in a research report on Sunday, October 1st. Finally, BidaskClub raised American Vanguard Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $25.33.
American Vanguard Corporation (NYSE:AVD) traded down $1.35 on Friday, hitting $20.95. The stock had a trading volume of 241,695 shares, compared to its average volume of 85,879. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.89 and a current ratio of 2.18. The company has a market cap of $668.89 million, a P/E ratio of 41.57, a P/E/G ratio of 2.39 and a beta of 1.30.
American Vanguard Corporation (NYSE:AVD) last announced its earnings results on Thursday, November 2nd. The basic materials company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.03). The company had revenue of $90.00 million for the quarter, compared to analyst estimates of $89.17 million. American Vanguard Corporation had a return on equity of 5.48% and a net margin of 4.83%. The firm’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same period last year, the firm earned $0.10 earnings per share. equities research analysts predict that American Vanguard Corporation will post 0.63 earnings per share for the current year.
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Several institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP grew its holdings in shares of American Vanguard Corporation by 3.7% during the first quarter. Dimensional Fund Advisors LP now owns 2,370,250 shares of the basic materials company’s stock valued at $39,345,000 after buying an additional 84,367 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of American Vanguard Corporation by 3.7% during the first quarter. Geode Capital Management LLC now owns 191,395 shares of the basic materials company’s stock valued at $3,177,000 after buying an additional 6,779 shares in the last quarter. Tudor Investment Corp ET AL purchased a new position in shares of American Vanguard Corporation during the first quarter valued at $292,000. Prudential Financial Inc. grew its holdings in shares of American Vanguard Corporation by 0.3% during the first quarter. Prudential Financial Inc. now owns 43,710 shares of the basic materials company’s stock valued at $726,000 after buying an additional 150 shares in the last quarter. Finally, Heartland Advisors Inc. grew its holdings in shares of American Vanguard Corporation by 32.6% during the second quarter. Heartland Advisors Inc. now owns 871,469 shares of the basic materials company’s stock valued at $15,033,000 after buying an additional 214,141 shares in the last quarter. 77.08% of the stock is currently owned by institutional investors.
American Vanguard Corporation Company Profile
American Vanguard Corporation operates as a holding company. The Company conducts its business through its subsidiaries, AMVAC Chemical Corporation (AMVAC), GemChem, Inc (GemChem), 2110 Davie Corporation (DAVIE), Quimica Amvac de Mexico SA de C.V. (AMVAC M), AMVAC Mexico Sociedad de Responsabilidad Limitada (AMVAC M Srl), AMVAC de Costa Rica Sociedad de Responsabilidad Limitada (AMVAC CR Srl), AMVAC Switzerland GmbH (AMVAC S), AMVAC do Brasil Representacoes Ltda (AMVAC B), AMVAC C.V.
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