Shares of American Vanguard Corp. (NYSE:AVD) have been assigned an average recommendation of “Hold” from the six brokerages that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating, one has given a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $25.50.

A number of research analysts have weighed in on AVD shares. Roth Capital set a $28.00 price objective on shares of American Vanguard and gave the company a “buy” rating in a report on Sunday, October 1st. Zacks Investment Research raised shares of American Vanguard from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a report on Friday, September 15th. Finally, Piper Jaffray Companies set a $22.00 price objective on shares of American Vanguard and gave the company a “hold” rating in a report on Friday, October 6th.

Shares of American Vanguard (NYSE:AVD) traded up $0.25 during trading on Wednesday, hitting $21.60. 94,123 shares of the company traded hands, compared to its average volume of 102,648. The company has a current ratio of 2.37, a quick ratio of 1.20 and a debt-to-equity ratio of 0.19. American Vanguard has a 12-month low of $14.65 and a 12-month high of $24.00. The stock has a market capitalization of $643.56, a PE ratio of 40.75, a PEG ratio of 1.66 and a beta of 1.23.

American Vanguard (NYSE:AVD) last issued its earnings results on Thursday, November 2nd. The basic materials company reported $0.14 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.03). American Vanguard had a return on equity of 5.44% and a net margin of 4.83%. The business had revenue of $90.00 million for the quarter, compared to analysts’ expectations of $89.17 million. During the same period last year, the business earned $0.10 EPS. The company’s revenue for the quarter was up 9.2% on a year-over-year basis. analysts predict that American Vanguard will post 0.62 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 10th. Shareholders of record on Wednesday, December 27th were issued a $0.015 dividend. The ex-dividend date of this dividend was Tuesday, December 26th. This represents a $0.06 dividend on an annualized basis and a yield of 0.28%. American Vanguard’s payout ratio is 11.32%.

In other news, insider Timothy Donnelly sold 4,000 shares of the business’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $19.36, for a total transaction of $77,440.00. Following the completion of the sale, the insider now owns 37,564 shares of the company’s stock, valued at $727,239.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider David` T. Johnson sold 6,611 shares of the business’s stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $18.87, for a total transaction of $124,749.57. Following the sale, the insider now directly owns 28,429 shares of the company’s stock, valued at approximately $536,455.23. The disclosure for this sale can be found here. 4.70% of the stock is owned by insiders.

Hedge funds have recently added to or reduced their stakes in the company. First Trust Advisors LP purchased a new stake in shares of American Vanguard during the third quarter worth about $474,000. State Street Corp increased its stake in shares of American Vanguard by 4.2% during the second 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. Northern Trust Corp increased its stake in shares of American Vanguard by 6.8% during the second quarter. Northern Trust Corp now owns 350,745 shares of the basic materials company’s stock worth $6,051,000 after purchasing an additional 22,462 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. increased its stake in shares of American Vanguard by 21.9% during the third quarter. Los Angeles Capital Management & Equity Research Inc. now owns 48,175 shares of the basic materials company’s stock worth $1,103,000 after purchasing an additional 8,660 shares in the last quarter. Finally, Alliancebernstein L.P. purchased a new stake in shares of American Vanguard during the second quarter worth about $297,000. 76.61% of the stock is owned by institutional investors and hedge funds.

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American Vanguard 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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