SunTrust Robinson Humphrey Upgrades American Vanguard Corp. to Buy

Brokerage firm SunTrust Robinson Humphrey Upgrades its rating on American Vanguard Corp.(NYSE:AVD). The shares have been rated Buy. Previously, the analysts had a Neutral rating on the shares. The rating by SunTrust Robinson Humphrey was issued on Aug 3, 2016.

In a different note, On Jul 13, 2016, BB&T Capital said it Downgrades its rating on American Vanguard Corp.. The shares have been rated ‘Hold’ by the firm.

American Vanguard Corp. (AVD) shares turned negative on Fridays trading session with the shares closing down -0.28 points or -1.61% at a volume of 1,10,973. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $17.415. The peak price level was also seen at $17.415 while the days lowest was $17.04. Finally the shares closed at $17.06. The 52-week high of the shares is $17.92 while the 52-week low is $9.63. According to the latest information available, the market cap of the company is $501 M.

American Vanguard Corp.(AVD) last announced its earnings results on Aug 2, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $72.72M. Analysts had an estimated revenue of $72.78M. Earnings per share were $0.11. Analysts had estimated an EPS of $0.10.

Several Insider Transactions has been reported to the SEC. On May 9, 2016, Ulrich Trogele (officer ) purchased 15,000 shares at $13.25 per share price.

American Vanguard Corporation (AVD) operates as a holding company. The Company is primarily a specialty chemical manufacturer that develops and markets products for agricultural commercial and consumer uses. It manufactures and formulates chemicals for crops human and animal protection. It conducts its business through its subsidiaries which include AMVAC Chemical Corporation (AMVAC) GemChem Inc. 2110 Davie Corporation Quimica Amvac de Mexico S.A. de C.V. AMVAC Mexico Sociedad de Responsabilidad Limitada AMVAC de Costa Rica Sociedad de Responsabilidad Limitada AMVAC Switzerland GmbH AMVAC do Brasil Representacoes Ltda AMVAC CV AMVAC Netherlands BV and Envance Technologies LLC. AMVAC is its main operating subsidiary which owns and/or operates its domestic manufacturing facilities. AMVAC manufactures formulates packages and sells its products in the United States. AMVAC markets insecticides fungicides herbicides molluscicides growth regulators and soil fumigants.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

American Vanguard Corp. - Is it time to Sell?

Top Brokerage Firms are advising their investors on American Vanguard Corp.. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.