Shares of American Vanguard Corp. (NYSE:AVD) reached a new 52-week low during trading on Thursday . The company traded as low as $15.20 and last traded at $15.31, with a volume of 9745 shares traded. The stock had previously closed at $15.79.

A number of research firms recently commented on AVD. Loop Capital upgraded American Vanguard from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $24.00 to $29.00 in a research report on Tuesday, November 20th. Zacks Investment Research cut American Vanguard from a “buy” rating to a “hold” rating in a research report on Thursday, November 15th. Finally, ValuEngine upgraded American Vanguard from a “sell” rating to a “hold” rating in a research report on Tuesday, November 6th.

The stock has a market capitalization of $466.63 million, a P/E ratio of 26.30 and a beta of 1.10. The company has a quick ratio of 1.15, a current ratio of 2.33 and a debt-to-equity ratio of 0.30.

American Vanguard (NYSE:AVD) last posted its quarterly earnings data on Monday, November 5th. The basic materials company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.01. American Vanguard had a return on equity of 6.90% and a net margin of 5.73%. The firm had revenue of $112.00 million during the quarter, compared to analysts’ expectations of $119.20 million. During the same quarter last year, the business posted $0.14 EPS. The firm’s quarterly revenue was up 24.4% compared to the same quarter last year. As a group, analysts expect that American Vanguard Corp. will post 0.8 earnings per share for the current year.

A number of large investors have recently modified their holdings of the business. BlackRock Inc. boosted its stake in American Vanguard by 7.4% in the 3rd quarter. BlackRock Inc. now owns 4,213,602 shares of the basic materials company’s stock worth $75,843,000 after buying an additional 291,248 shares during the last quarter. Vanguard Group Inc. boosted its stake in American Vanguard by 3.5% in the 3rd quarter. Vanguard Group Inc. now owns 2,737,677 shares of the basic materials company’s stock worth $49,278,000 after buying an additional 93,491 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in American Vanguard by 0.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,524,481 shares of the basic materials company’s stock worth $45,442,000 after buying an additional 17,793 shares during the last quarter. Heartland Advisors Inc. boosted its stake in American Vanguard by 4.4% in the 3rd quarter. Heartland Advisors Inc. now owns 886,657 shares of the basic materials company’s stock worth $15,960,000 after buying an additional 37,349 shares during the last quarter. Finally, Walthausen & Co. LLC acquired a new stake in American Vanguard in the 3rd quarter worth about $11,407,000. 76.88% of the stock is currently owned by hedge funds and other institutional investors.

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About American Vanguard (NYSE:AVD)

American Vanguard Corporation, through its subsidiaries, develops, manufactures, and markets specialty chemicals for agricultural, commercial, and consumer uses in the United States and internationally. The company manufactures and formulates chemicals, including insecticides, fungicides, herbicides, molluscicides, growth regulators, and soil fumigants in liquid, powder, and granular forms for crops, turf and ornamental plants, and human and animal health protection.

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