Rating Summary: Piper Jaffray Gives American Vanguard (NYSE:AVD) Higher Rating. Lost Its Underweight Rating

November 28, 2016 - By Peter Erickson

Rating Summary:  Piper Jaffray Gives American Vanguard (NYSE:AVD) Higher Rating. Lost Its Underweight Rating

American Vanguard (NYSE:AVD) Upgrade

American Vanguard (NYSE:AVD)‘s Underweight rating is no longer valid. Equities researchers at Piper Jaffray upgraded AVD’s rating to a Neutral.

American Vanguard Corp. (NYSE:AVD) Ratings Coverage

Out of 3 analysts covering American Vanguard Corp. (NYSE:AVD), 0 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 0 are positive. $19 is the highest target while $10 is the lowest. The $12.25 average target is -33.42% below today’s ($18.4) stock price. American Vanguard Corp. has been the topic of 6 analyst reports since August 5, 2015 according to StockzIntelligence Inc. Zacks downgraded the stock to “Hold” rating in Wednesday, August 5 report. Roth Capital initiated the stock with “Buy” rating in Friday, March 11 report. The stock has “Neutral” rating given by Piper Jaffray on Tuesday, November 3. On Wednesday, May 4 the stock rating was downgraded by Roth Capital to “Neutral”. The firm has “Hold” rating by BB&T Capital given on Wednesday, July 13. As per Monday, January 4, the company rating was downgraded by Piper Jaffray.

About 149,085 shares traded hands or 53.54% up from the average. American Vanguard Corp. (NYSE:AVD) has risen 10.80% since April 25, 2016 and is uptrending. It has outperformed by 4.78% the S&P500.

Analysts await American Vanguard Corp. (NYSE:AVD) to report earnings on March, 7. They expect $0.17 EPS, up 70.00% or $0.07 from last year’s $0.1 per share. AVD’s profit will be $5.08 million for 27.06 P/E if the $0.17 EPS becomes a reality. After $0.10 actual EPS reported by American Vanguard Corp. for the previous quarter, Wall Street now forecasts 70.00% EPS growth.

Insitutional Activity: The institutional sentiment increased to 1.4 in 2016 Q2. Its up 0.70, from 0.7 in 2016Q1. The ratio increased, as 19 funds sold all American Vanguard Corp. shares owned while 44 reduced positions. 12 funds bought stakes while 32 increased positions. They now own 21.56 million shares or 3.36% less from 22.31 million shares in 2016Q1.

Public Employees Retirement Association Of Colorado accumulated 0% or 14,358 shares. Lapides Asset Mgmt Ltd Limited Liability Company holds 374,900 shares or 1.05% of its portfolio. Hotchkis Wiley Capital Limited Liability Corp reported 1.76M shares or 0.11% of all its holdings. Vanguard Grp holds 2.22M shares or 0% of its portfolio. Utd Capital Advisers Ltd Liability Corporation has 12,710 shares for 0% of their US portfolio. Royal Bancorp Of Canada holds 0% of its portfolio in American Vanguard Corp. (NYSE:AVD) for 42,320 shares. Putnam Invs Limited Liability Com accumulated 0.02% or 543,408 shares. Indexiq Advsrs Lc accumulated 0.01% or 7,996 shares. Ls Inv Ltd owns 838 shares or 0% of their US portfolio. Globeflex Lp, a California-based fund reported 71,706 shares. Nationwide Fund Advsrs, a Pennsylvania-based fund reported 74,083 shares. The Texas-based Texas Permanent School Fund has invested 0% in American Vanguard Corp. (NYSE:AVD). National Bank & Trust Of America Corp De has 19,643 shares for 0% of their US portfolio. State Of Tennessee Treasury Department, a Tennessee-based fund reported 20,278 shares. Envestnet Asset accumulated 0% or 13,316 shares.

Insider Transactions: Since August 16, 2016, the stock had 1 insider purchase, and 2 sales for $76,150 net activity. Another trade for 5,000 shares valued at $86,700 was sold by Rizzi John. 5,000 shares with value of $79,550 were bought by Trogele Ulrich on Friday, September 9. Hendrix Scott also sold $69,000 worth of American Vanguard Corp. (NYSE:AVD) on Tuesday, August 16.

American Vanguard Corporation operates as a holding company. The company has a market cap of $549.57 million. The Firm conducts its business through its subsidiaries, AMVAC Chemical Corporation (AMVAC), GemChem, Inc. (GemChem), 2110 Davie Corporation (DAVIE), Quimica Amvac de Mexico S.A. 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 CV (AMVAC CV), AMVAC Netherlands BV (AMVAC BV) and Envance Technologies, LLC (Envance). It has a 45.41 P/E ratio. The Company, through AMVAC, develops and markets products for agricultural, commercial and consumer uses.

According to Zacks Investment Research, “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 Company Profile

American Vanguard Corporation (AVD), incorporated on January 2, 1969, operates as a holding company. The Firm conducts its business through its subsidiaries, AMVAC Chemical Corporation (AMVAC), GemChem, Inc. (GemChem), 2110 Davie Corporation (DAVIE), Quimica Amvac de Mexico S.A. 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 CV (AMVAC CV), AMVAC Netherlands BV (AMVAC BV) and Envance Technologies, LLC (Envance). The Company, through AMVAC, develops and markets products for agricultural, commercial and consumer uses. The Firm makes and formulates chemicals for crops, turf and ornamental plants, and human and animal health protection. These chemicals, which include insecticides, fungicides, herbicides, molluscicides, growth regulators and soil fumigants, are marketed in liquid, powder and granular forms.

Another recent and important American Vanguard Corp. (NYSE:AVD) news was published by Thestreet.com which published an article titled: “Commit To Purchase American Vanguard Corp. At $12.50, Earn 11.2% Annualized …” on November 04, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>