Equities research analysts predict that American Vanguard Corp. (NYSE:AVD) will report earnings of $0.23 per share for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for American Vanguard’s earnings. American Vanguard reported earnings of $0.17 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 35.3%. The business is expected to announce its next earnings results on Monday, March 11th.

According to Zacks, analysts expect that American Vanguard will report full-year earnings of $0.79 per share for the current year. For the next financial year, analysts expect that the business will report earnings of $0.86 per share, with EPS estimates ranging from $0.81 to $0.91. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that cover American Vanguard.

American Vanguard (NYSE:AVD) last issued its quarterly earnings results on Monday, November 5th. The basic materials company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.21 by $0.01. American Vanguard had a net margin of 5.73% and a return on equity of 6.90%. The firm had revenue of $112.00 million for the quarter, compared to analysts’ expectations of $119.20 million. During the same period in the previous year, the business earned $0.14 earnings per share. American Vanguard’s revenue for the quarter was up 24.4% compared to the same quarter last year.

Several equities research analysts have commented on AVD shares. Zacks Investment Research upgraded shares of American Vanguard from a “sell” rating to a “hold” rating in a research report on Tuesday, October 9th. ValuEngine cut shares of American Vanguard from a “hold” rating to a “sell” rating in a research report on Tuesday, October 16th. Loop Capital upgraded shares of American Vanguard from a “hold” rating to a “buy” rating and boosted their price target for the stock from $24.00 to $29.00 in a research report on Tuesday, November 20th. Finally, TheStreet cut shares of American Vanguard from a “b-” rating to a “c+” rating in a research report on Tuesday, December 18th. Two analysts have rated the stock with a hold rating and two have given a buy rating to the company. American Vanguard has a consensus rating of “Buy” and an average target price of $24.00.

American Vanguard stock traded up $0.13 during midday trading on Thursday, hitting $16.99. The company’s stock had a trading volume of 138,210 shares, compared to its average volume of 161,500. The company has a current ratio of 2.33, a quick ratio of 1.15 and a debt-to-equity ratio of 0.30. American Vanguard has a 12 month low of $13.98 and a 12 month high of $24.00. The stock has a market cap of $514.53 million, a PE ratio of 29.81 and a beta of 1.12.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 10th. Shareholders of record on Thursday, December 27th were issued a dividend of $0.02 per share. The ex-dividend date of this dividend was Wednesday, December 26th. This represents a $0.08 annualized dividend and a yield of 0.47%. American Vanguard’s payout ratio is presently 14.04%.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Legal & General Group Plc raised its holdings in American Vanguard by 6.8% during the 2nd quarter. Legal & General Group Plc now owns 52,375 shares of the basic materials company’s stock worth $1,200,000 after buying an additional 3,349 shares during the period. Teachers Retirement System of The State of Kentucky raised its holdings in American Vanguard by 62.2% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 10,431 shares of the basic materials company’s stock worth $188,000 after buying an additional 4,000 shares during the period. First Trust Advisors LP raised its holdings in American Vanguard by 18.3% during the 2nd quarter. First Trust Advisors LP now owns 29,785 shares of the basic materials company’s stock worth $684,000 after buying an additional 4,600 shares during the period. Northern Trust Corp raised its holdings in American Vanguard by 1.5% during the 2nd quarter. Northern Trust Corp now owns 345,052 shares of the basic materials company’s stock worth $7,919,000 after buying an additional 5,028 shares during the period. Finally, MetLife Investment Advisors LLC raised its holdings in American Vanguard by 54.0% during the 3rd quarter. MetLife Investment Advisors LLC now owns 22,919 shares of the basic materials company’s stock worth $413,000 after buying an additional 8,032 shares during the period. Hedge funds and other institutional investors own 76.76% of the company’s stock.

American Vanguard Company Profile

American Vanguard Corporation, through its subsidiaries, develops, manufactures, and markets specialty chemicals for agricultural, commercial, and consumer uses in the United States and internationally. The company manufactures and formulates chemicals, including insecticides, fungicides, herbicides, molluscicides, growth regulators, and soil fumigants in liquid, powder, and granular forms for crops, turf and ornamental plants, and human and animal health protection.

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