Weiss Ratings Reaffirms “Sell (E+)” Rating for American Vanguard (NYSE:AVD)

American Vanguard (NYSE:AVD)‘s stock had its “sell (e+)” rating reiterated by research analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen upgraded American Vanguard from a “hold” rating to a “buy” rating in a research report on Friday, September 5th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $12.00.

American Vanguard Stock Performance

American Vanguard stock opened at $5.25 on Wednesday. The company has a market cap of $149.26 million, a price-to-earnings ratio of -1.17 and a beta of 1.26. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.91 and a quick ratio of 1.00. American Vanguard has a 12 month low of $3.28 and a 12 month high of $6.68. The stock’s 50-day moving average is $5.29 and its 200-day moving average is $4.50.

American Vanguard (NYSE:AVD) last announced its earnings results on Thursday, July 31st. The basic materials company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.11) by $0.08. American Vanguard had a negative return on equity of 26.21% and a negative net margin of 23.72%.The business had revenue of $129.31 million for the quarter, compared to the consensus estimate of $130.00 million.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Strs Ohio acquired a new stake in shares of American Vanguard in the first quarter worth about $28,000. CWM LLC lifted its position in shares of American Vanguard by 134.7% in the 1st quarter. CWM LLC now owns 9,425 shares of the basic materials company’s stock worth $41,000 after acquiring an additional 5,410 shares during the period. Aigen Investment Management LP acquired a new position in shares of American Vanguard in the 1st quarter worth approximately $44,000. Cerity Partners LLC acquired a new position in shares of American Vanguard in the 1st quarter worth approximately $48,000. Finally, XTX Topco Ltd acquired a new position in shares of American Vanguard in the 2nd quarter worth approximately $57,000. Hedge funds and other institutional investors own 79.00% 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.