American Vanguard Corp (AVD) stock expected to rise by 298.41%: What’s driving the optimism?

At the time of writing, American Vanguard Corp [AVD] stock is trading at $5.02, up 2.24%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AVD shares have gain 5.68% over the last week, with a monthly amount drifted -4.56%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

American Vanguard Corp [NYSE: AVD] stock has seen the most recent analyst activity on July 22, 2024, when Lake Street initiated its Buy rating and assigned the stock a price target of $14. Previously, Loop Capital upgraded its rating to Buy on November 20, 2018. On November 28, 2016, upgrade upgraded it’s rating to Neutral. SunTrust upgraded its rating to a Buy. BB&T Capital Mkts downgraded its rating to a Hold. Piper Jaffray downgraded its rating to Underweight for this stock on January 04, 2016. In a note dated May 06, 2015, BB&T Capital Mkts initiated an Buy rating and provided a target price of $15 on this stock.

For the past year, the stock price of American Vanguard Corp fluctuated between $4.26 and $14.28. Currently, Wall Street analysts expect the stock to reach $20 within the next 12 months. American Vanguard Corp [NYSE: AVD] shares were valued at $5.02 at the most recent close of the market. An investor can expect a potential return of 298.41% based on the average AVD price forecast.

Analyzing the AVD fundamentals

According to American Vanguard Corp [NYSE:AVD], the company’s sales were 553.84M for trailing twelve months, which represents an -20.87% plunge. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.06%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.08 and Total Capital is -0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.61.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.85 points at the first support level, and at 4.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.13, and for the 2nd resistance point, it is at 5.25.

Ratios To Look Out For

It is important to note that American Vanguard Corp [NYSE:AVD] has a current ratio of 1.89. As well, the Quick Ratio is 0.79, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 0.26, the price to book ratio is 0.44.

Transactions by insiders

Recent insider trading involved Eilers Peter, that happened on Dec 13 ’24 when 3000.0 shares were sold. Director, Eilers Peter completed a deal on Dec 13 ’24 to buy 3000.0 shares. Meanwhile, Director Macicek Steven D bought 12000.0 shares on Nov 15 ’24.

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