American Vanguard Corp. Reaches New 1-Year Low at $11.37 (AVD)
American Vanguard Corp. (NYSE:AVD) reached a new 52-week low during trading on Monday , Stock Ratings News reports. The company traded as low as $11.37 and last traded at $12.40, with a volume of 432,523 shares. The stock had previously closed at $11.88.
A number of research firms have recently commented on AVD. Analysts at SunTrust cut their price target on shares of American Vanguard Corp. from $21.00 to $16.00 in a research note on Tuesday, May 13th. Analysts at Topeka Capital Markets downgraded shares of American Vanguard Corp. from a “buy” rating to a “hold” rating in a research note on Friday, May 2nd. They now have a $17.00 price target on the stock, down previously from $23.00. One research analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $21.08.
The stock has a 50-day moving average of $13.31 and a 200-day moving average of $18.96. The company has a market cap of $370.6 million and a P/E ratio of 17.73.
American Vanguard Corp. (NYSE:AVD) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.04. The company had revenue of $81.10 million for the quarter, compared to the consensus estimate of $81.20 million. During the same quarter in the previous year, the company posted $0.59 earnings per share. The company’s revenue for the quarter was down 33.3% on a year-over-year basis. Analysts expect that American Vanguard Corp. will post $0.61 EPS for the current fiscal year.
American Vanguard Corporation operates as a holding company. It is primarily a chemical manufacturer that develops and markets products for agricultural and commercial uses.
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