Professional
Added to YB: 2024-01-09
Pitch date: 2024-01-09
AVD [bullish]
American Vanguard Corporation
-61.6%
current return
Author Info
No bio for this author
Company Info
American Vanguard Corporation, through its subsidiaries, develops, manufactures, and markets chemical, biological and biorational products for agricultural, commercial, and consumer uses in the United States and internationally.
Market Cap
$144.6M
Pitch Price
$10.47
Price Target
N/A
Dividend
N/A
EV/EBITDA
36.99
P/E
-1.28
EV/Sales
0.62
Sector
Chemicals
Category
turnaround
Cove Street Capital new position: $AVD
AVD hit by harsh Ag Chem destocking cycle, internal issues; lost $50-60M sales. Revamping board & ops for working capital efficiency, factory output. Revenue recovery + destocking capital release to cut debt, return to 11% EBITDA margin, 11x EV/EBITDA. Big stock upside potential.
Read full article (2 min)