American Vanguard Corporation (AVD) Given a $22.00 Price Target at Piper Jaffray Companies

Piper Jaffray Companies set a $22.00 price target on American Vanguard Corporation (NYSE:AVD) in a research report released on Friday, October 6th. The brokerage currently has a hold rating on the basic materials company’s stock.

AVD has been the topic of a number of other research reports. Zacks Investment Research lowered shares of American Vanguard Corporation from a buy rating to a hold rating in a research note on Tuesday, October 3rd. Roth Capital set a $28.00 price objective on shares of American Vanguard Corporation and gave the stock a buy rating in a research note on Sunday, October 1st. Finally, BidaskClub upgraded shares of American Vanguard Corporation from a strong sell rating to a sell rating in a research note on Thursday, August 10th. One research analyst has rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of Hold and a consensus target price of $24.33.

American Vanguard Corporation (AVD) opened at 23.00 on Friday. American Vanguard Corporation has a 52 week low of $14.20 and a 52 week high of $24.00. The firm has a market capitalization of $685.01 million, a P/E ratio of 46.94 and a beta of 1.26. The stock has a 50 day moving average price of $21.63 and a 200-day moving average price of $18.81.

American Vanguard Corporation (NYSE:AVD) last announced its quarterly earnings results on Monday, July 31st. The basic materials company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.01. American Vanguard Corporation had a net margin of 4.56% and a return on equity of 5.10%. The firm had revenue of $77.90 million during the quarter, compared to analysts’ expectations of $77.71 million. During the same quarter in the prior year, the company earned $0.11 EPS. The company’s revenue was up 7.2% compared to the same quarter last year. Analysts anticipate that American Vanguard Corporation will post $0.69 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “American Vanguard Corporation (AVD) Given a $22.00 Price Target at Piper Jaffray Companies” was first posted by BBNS and is the sole property of of BBNS. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of U.S. and international trademark and copyright law. The original version of this piece of content can be viewed at https://baseballnewssource.com/markets/piper-jaffray-companies-analysts-give-american-vanguard-corporation-avd-a-22-00-price-target/1701249.html.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 19th. Investors of record on Thursday, October 5th will be given a dividend of $0.015 per share. This represents a $0.06 annualized dividend and a yield of 0.26%. The ex-dividend date is Wednesday, October 4th. American Vanguard Corporation’s payout ratio is currently 12.00%.

Several institutional investors and hedge funds have recently made changes to their positions in AVD. Mason Street Advisors LLC grew its holdings in shares of American Vanguard Corporation by 7.0% in the first quarter. Mason Street Advisors LLC now owns 6,041 shares of the basic materials company’s stock valued at $100,000 after purchasing an additional 395 shares in the last quarter. Acrospire Investment Management LLC grew its holdings in shares of American Vanguard Corporation by 83.7% in the second quarter. Acrospire Investment Management LLC now owns 8,685 shares of the basic materials company’s stock valued at $150,000 after purchasing an additional 3,956 shares in the last quarter. BNP Paribas Arbitrage SA grew its holdings in shares of American Vanguard Corporation by 54.0% in the second quarter. BNP Paribas Arbitrage SA now owns 9,019 shares of the basic materials company’s stock valued at $156,000 after purchasing an additional 3,162 shares in the last quarter. Louisiana State Employees Retirement System grew its holdings in shares of American Vanguard Corporation by 1.9% in the second quarter. Louisiana State Employees Retirement System now owns 10,700 shares of the basic materials company’s stock valued at $185,000 after purchasing an additional 200 shares in the last quarter. Finally, Oxford Asset Management acquired a new position in shares of American Vanguard Corporation in the first quarter valued at approximately $192,000. Institutional investors and hedge funds own 76.87% of the company’s stock.

American Vanguard Corporation 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.

Receive News & Ratings for American Vanguard Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Vanguard Corporation and related companies with our FREE daily email newsletter.

 


Latest News

Justin Turner Joining Postseason Legends
Justin Turner Joining Postseason Legends
PED Use Cost Alex Rodriguez Millions and His Reputation
PED Use Cost Alex Rodriguez Millions and His Reputation
Yankees to Send Masahiro Tanaka Against Astros in Game 1
Yankees to Send Masahiro Tanaka Against Astros in Game 1
Red Sox Waste Little Time in Firing John Farrell
Red Sox Waste Little Time in Firing John Farrell
Washington Nationals Sans Strasburg for Game 4 at Wrigley
Washington Nationals Sans Strasburg for Game 4 at Wrigley
Red Sox Beat Houston Sunday to Avoid Elimination
Red Sox Beat Houston Sunday to Avoid Elimination


Leave a Reply

 
© 2006-2017 BBNS.