American Vanguard’s (AVD) “Sell (E+)” Rating Reiterated at Weiss Ratings

Weiss Ratings reissued their sell (e+) rating on shares of American Vanguard (NYSE:AVD) in a research report released on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen raised American Vanguard from a “hold” rating to a “buy” rating in a research report on Friday, September 5th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $12.00.

American Vanguard Trading Down 3.8%

NYSE:AVD opened at $5.06 on Wednesday. The business’s 50-day moving average is $5.31 and its two-hundred day moving average is $4.50. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.91 and a quick ratio of 1.00. American Vanguard has a 12 month low of $3.28 and a 12 month high of $6.68. The firm has a market capitalization of $143.86 million, a PE ratio of -1.13 and a beta of 1.26.

American Vanguard (NYSE:AVD) last released its quarterly earnings data on Thursday, July 31st. The basic materials company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.11) by $0.08. American Vanguard had a negative return on equity of 26.21% and a negative net margin of 23.72%.The company had revenue of $129.31 million for the quarter, compared to analyst estimates of $130.00 million.

Institutional Trading of American Vanguard

Several large investors have recently modified their holdings of the business. Strs Ohio acquired a new position in American Vanguard in the first quarter worth about $28,000. CWM LLC grew its stake in American Vanguard by 134.7% in the first quarter. CWM LLC now owns 9,425 shares of the basic materials company’s stock worth $41,000 after purchasing an additional 5,410 shares in the last quarter. Aigen Investment Management LP acquired a new position in American Vanguard in the first quarter worth about $44,000. Cerity Partners LLC acquired a new position in American Vanguard in the first quarter worth about $48,000. Finally, XTX Topco Ltd acquired a new position in American Vanguard in the second quarter worth about $57,000. 79.00% of the stock is currently owned by institutional investors and hedge funds.

About American Vanguard

American Vanguard Corporation, through its subsidiaries, develops, manufactures, and markets specialty chemicals for agricultural, commercial, and consumer uses in the United States and internationally. It manufactures and formulates chemicals, including insecticides, fungicides, herbicides, soil health, plant nutrition, molluscicides, growth regulators, soil fumigants, and biorationals in liquid, powder, and granular forms for crops, turf and ornamental plants, and human and animal health protection.