American Vanguard Corporation (AVD) has disclosed a new risk, in the Debt & Financing category.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
American Vanguard Corporation faces a significant risk due to its expiring credit agreement in July 2026, necessitating an extension or replacement approximately a year prior. Given the company’s recent poor financial performance, there is uncertainty about securing sufficient capital under favorable terms to meet its working capital needs. The inability to obtain timely or adequate capital could negatively impact the company’s financial health and its ability to continue operations effectively. This situation underscores the importance of addressing financial performance issues to maintain a stable capital structure.
The average AVD stock price target is $14.00, implying 183.40% upside potential.
To learn more about American Vanguard Corporation’s risk factors, click here.