American Vanguard Corp (NYSE: AVD) stock suffered a major decline of -27.7% on 5/10/24. The shares closed at $9.14. Moreover, trading volume in this decline was exceptionally high at 461% of normal. The stock has been weak relative to the market over the last nine months and has declined -22.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, AVD is expected to be a modest Value Builder.
American Vanguard has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. American Vanguard has a slightly positive Appreciation Score of 70 but a slightly negative Power Rating of 40, leading to the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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