American Vanguard Corp. (NYSE:AVD) has been assigned an average recommendation of “Hold” from the six research firms that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation, one has given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $25.50.

A number of brokerages recently weighed in on AVD. Zacks Investment Research lowered shares of American Vanguard from a “hold” rating to a “sell” rating in a research note on Tuesday, November 14th. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $23.00 target price on shares of American Vanguard in a research note on Friday, November 3rd. Roth Capital set a $28.00 target price on shares of American Vanguard and gave the stock a “buy” rating in a research note on Sunday, October 1st. Finally, BidaskClub lowered shares of American Vanguard from a “sell” rating to a “strong sell” rating in a research note on Friday, August 18th.

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

Institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC lifted its stake in American Vanguard by 3.7% in the 1st quarter. Geode Capital Management LLC now owns 191,395 shares of the basic materials company’s stock valued at $3,177,000 after purchasing an additional 6,779 shares during the last quarter. Heartland Advisors Inc. lifted its stake in American Vanguard by 32.6% in the 2nd quarter. Heartland Advisors Inc. now owns 871,469 shares of the basic materials company’s stock valued at $15,033,000 after purchasing an additional 214,141 shares during the last quarter. State Street Corp lifted its stake in American Vanguard by 4.2% in the 2nd quarter. State Street Corp now owns 663,208 shares of the basic materials company’s stock valued at $11,442,000 after purchasing an additional 26,587 shares during the last quarter. Northern Trust Corp lifted its stake in American Vanguard by 6.8% in the 2nd quarter. Northern Trust Corp now owns 350,745 shares of the basic materials company’s stock valued at $6,051,000 after purchasing an additional 22,462 shares during the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. lifted its stake in American Vanguard by 21.9% in the 3rd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 48,175 shares of the basic materials company’s stock valued at $1,103,000 after purchasing an additional 8,660 shares during the last quarter. Institutional investors own 76.61% of the company’s stock.

American Vanguard (NYSE AVD) opened at $18.75 on Friday. The firm has a market cap of $564.61, a price-to-earnings ratio of 35.09, a P/E/G ratio of 2.13 and a beta of 1.23. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.37 and a quick ratio of 1.20. American Vanguard has a one year low of $14.65 and a one year high of $24.00.

American Vanguard (NYSE:AVD) last announced its earnings results on Thursday, November 2nd. The basic materials company reported $0.14 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.03). The company had revenue of $90.00 million during the quarter, compared to analyst estimates of $89.17 million. American Vanguard had a return on equity of 5.44% and a net margin of 4.83%. American Vanguard’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.10 earnings per share. analysts predict that American Vanguard will post 0.59 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 10th. Stockholders of record on Wednesday, December 27th will be paid a dividend of $0.015 per share. The ex-dividend date is Tuesday, December 26th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.32%. American Vanguard’s dividend payout ratio is 11.11%.

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About American Vanguard

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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