Analysts at SunTrust started coverage on shares of American Vanguard Corp. (NYSE:AVD) in a research report issued to clients and investors on Tuesday, StockRatingsNetwork.com reports. The firm set a “neutral” rating on the stock.
A number of other firms have also recently commented on AVD. Analysts at Zacks downgraded shares of American Vanguard Corp. from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, July 3rd. They now have a $27.60 price target on the stock. Separately, analysts at Feltl & Co. downgraded shares of American Vanguard Corp. from a “strong-buy” rating to a “hold” rating in a research note to investors on Tuesday, June 25th. They now have a $24.22 price target on the stock, down previously from $38.50. Finally, analysts at Piper Jaffray Cos. downgraded shares of American Vanguard Corp. from an “overweight” rating to a “neutral” rating in a research note to investors on Tuesday, June 25th. They now have a $29.00 price target on the stock, down previously from $37.00.
Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $29.56.
Shares of American Vanguard Corp. (NYSE: AVD) opened at 25.24 on Tuesday. American Vanguard Corp. has a 52 week low of $21.83 and a 52 week high of $37.51. The stock’s 50-day moving average is currently $25.62. The company has a market cap of $712.5 million and a P/E ratio of 16.18.
American Vanguard Corp. (NYSE:AVD) last announced its earnings results on Thursday, May 2nd. The company reported $0.59 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.46 by $0.13. The company had revenue of $121.50 million for the quarter, compared to the consensus estimate of $113.55 million. The company’s quarterly revenue was up 39.2% on a year-over-year basis. On average, analysts predict that American Vanguard Corp. will post $1.75 earnings per share for the current fiscal year.
American Vanguard Corporation operates as a holding company. It is primarily a chemical manufacturer that develops and markets products for agricultural and commercial uses.