American Vanguard (NYSE:AVD) Stock Rating Upgraded by Wall Street Zen

American Vanguard (NYSE:AVD - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "sell" rating to a "hold" rating in a research report issued on Sunday.

Separately, Lake Street Capital lowered their target price on American Vanguard from $14.00 to $12.00 and set a "buy" rating for the company in a research report on Monday, June 9th.

American Vanguard Stock Performance

Shares of NYSE AVD traded up $0.10 during midday trading on Friday, hitting $3.96. 161,952 shares of the company's stock were exchanged, compared to its average volume of 267,039. The company has a quick ratio of 0.91, a current ratio of 1.77 and a debt-to-equity ratio of 0.74. The company's 50 day moving average price is $4.25 and its 200 day moving average price is $4.73. American Vanguard has a 12 month low of $3.28 and a 12 month high of $9.84. The firm has a market capitalization of $111.65 million, a PE ratio of -3.84 and a beta of 1.28.

American Vanguard (NYSE:AVD - Get Free Report) last released its quarterly earnings results on Friday, June 6th. The basic materials company reported ($0.24) EPS for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.21). The business had revenue of $127.00 million for the quarter, compared to the consensus estimate of $127.00 million. American Vanguard had a negative return on equity of 41.65% and a negative net margin of 25.83%. During the same period in the prior year, the business posted $0.06 earnings per share.

Institutional Investors Weigh In On American Vanguard

Several institutional investors have recently bought and sold shares of AVD. Wellington Management Group LLP grew its position in American Vanguard by 2.9% during the first quarter. Wellington Management Group LLP now owns 1,541,255 shares of the basic materials company's stock valued at $6,782,000 after buying an additional 43,194 shares during the period. Cove Street Capital LLC raised its holdings in shares of American Vanguard by 35.0% in the 1st quarter. Cove Street Capital LLC now owns 1,119,539 shares of the basic materials company's stock worth $4,926,000 after purchasing an additional 290,246 shares during the period. D. E. Shaw & Co. Inc. lifted its stake in American Vanguard by 9.8% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 990,238 shares of the basic materials company's stock valued at $4,585,000 after purchasing an additional 88,070 shares during the last quarter. Topline Capital Management LLC bought a new position in American Vanguard during the fourth quarter valued at $3,758,000. Finally, Geode Capital Management LLC increased its position in American Vanguard by 2.4% in the fourth quarter. Geode Capital Management LLC now owns 595,771 shares of the basic materials company's stock worth $2,759,000 after buying an additional 13,798 shares during the last quarter. Institutional investors own 79.04% of the company's stock.

American Vanguard Company Profile

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.