American Vanguard Corporation (NYSE:AVD) was downgraded by Zacks Investment Research from a “buy” rating to a “sell” rating in a report issued on Monday.

According to Zacks, “AMERICAN VANGUARD CORP. is a holding company, which through its subsidiaries, is engaged in the manufacturer and formulation of chemicals for crops, human and animal health protection. These chemicals which include insecticides, fungicides, molluscicides, growth regulatorsain, and soil fumigants, are marketed in liquid, powder, and granular forms. “

AVD has been the subject of several other reports. BidaskClub downgraded shares of American Vanguard Corporation from a “sell” rating to a “strong sell” rating in a research report on Friday, August 18th. Roth Capital set a $22.00 target price on shares of American Vanguard Corporation and gave the stock a “buy” rating in a research report on Wednesday, August 23rd. Finally, Piper Jaffray Companies set a $22.00 target price on shares of American Vanguard Corporation and gave the stock a “hold” rating in a research report on Friday, October 6th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. American Vanguard Corporation presently has an average rating of “Hold” and a consensus target price of $25.33.

Shares of American Vanguard Corporation (NYSE AVD) traded down $0.95 during midday trading on Monday, hitting $20.05. 152,116 shares of the stock traded hands, compared to its average volume of 101,630. American Vanguard Corporation has a 52-week low of $14.65 and a 52-week high of $24.00. The firm has a market capitalization of $597.38, a price-to-earnings ratio of 38.80, a P/E/G ratio of 2.30 and a beta of 1.30. The company has a quick ratio of 1.20, a current ratio of 2.37 and a debt-to-equity ratio of 0.19.

American Vanguard Corporation (NYSE:AVD) last announced its quarterly earnings data on Thursday, November 2nd. The basic materials company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.03). American Vanguard Corporation had a net margin of 4.83% and a return on equity of 5.44%. The company had revenue of $90.00 million for the quarter, compared to analyst estimates of $89.17 million. During the same quarter in the prior year, the company posted $0.10 EPS. American Vanguard Corporation’s revenue for the quarter was up 9.2% on a year-over-year basis. sell-side analysts forecast that American Vanguard Corporation will post 0.61 earnings per share for the current fiscal year.

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Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of American Vanguard Corporation by 3.1% during the second quarter. Vanguard Group Inc. now owns 2,505,167 shares of the basic materials company’s stock worth $43,214,000 after acquiring an additional 74,966 shares in the last quarter. Dimensional Fund Advisors LP grew its position in American Vanguard Corporation by 3.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,453,236 shares of the basic materials company’s stock worth $42,318,000 after purchasing an additional 82,986 shares in the last quarter. Heartland Advisors Inc. grew its position in American Vanguard Corporation by 32.6% in the 2nd quarter. Heartland Advisors Inc. now owns 871,469 shares of the basic materials company’s stock worth $15,033,000 after purchasing an additional 214,141 shares in the last quarter. Walthausen & Co. LLC grew its position in American Vanguard Corporation by 57.7% in the 2nd quarter. Walthausen & Co. LLC now owns 701,722 shares of the basic materials company’s stock worth $12,105,000 after purchasing an additional 256,637 shares in the last quarter. Finally, State Street Corp grew its position in American Vanguard Corporation by 4.2% in the 2nd quarter. State Street Corp now owns 663,208 shares of the basic materials company’s stock worth $11,442,000 after purchasing an additional 26,587 shares in the last quarter. 76.63% of the stock is owned by institutional investors.

About American Vanguard Corporation

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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