American Vanguard (AVD) to Release Quarterly Earnings on Monday

American Vanguard (NYSE:AVD) is set to issue its quarterly earnings data after the market closes on Monday, November 11th. Analysts expect the company to announce earnings of ($0.10) per share for the quarter.

American Vanguard (NYSE:AVD) last released its quarterly earnings data on Thursday, August 8th. The basic materials company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.08). American Vanguard had a positive return on equity of 1.85% and a negative net margin of 0.60%. The business had revenue of $128.21 million for the quarter, compared to analysts’ expectations of $134.20 million. On average, analysts expect American Vanguard to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

American Vanguard Stock Up 4.1 %

NYSE:AVD traded up $0.22 during mid-day trading on Wednesday, hitting $5.65. The company had a trading volume of 20,384 shares, compared to its average volume of 246,939. The business has a fifty day simple moving average of $5.53 and a 200-day simple moving average of $7.64. The firm has a market capitalization of $162.95 million, a price-to-earnings ratio of -45.25 and a beta of 0.88. American Vanguard has a 1 year low of $4.95 and a 1 year high of $14.28. The company has a current ratio of 2.22, a quick ratio of 1.08 and a debt-to-equity ratio of 0.60.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on AVD shares. Lake Street Capital initiated coverage on shares of American Vanguard in a research report on Monday, July 22nd. They issued a “buy” rating and a $14.00 price objective for the company. StockNews.com raised shares of American Vanguard from a “sell” rating to a “hold” rating in a research report on Wednesday, September 25th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, American Vanguard presently has an average rating of “Moderate Buy” and a consensus target price of $16.67.

Insider Activity

In other American Vanguard news, Director Keith M. Rosenbloom purchased 33,555 shares of American Vanguard stock in a transaction dated Wednesday, August 28th. The shares were bought at an average cost of $5.66 per share, for a total transaction of $189,921.30. Following the transaction, the director now owns 1,047,410 shares in the company, valued at $5,928,340.60. This represents a 0.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other American Vanguard news, Director Keith M. Rosenbloom purchased 33,555 shares of American Vanguard stock in a transaction on Wednesday, August 28th. The stock was bought at an average price of $5.66 per share, for a total transaction of $189,921.30. Following the transaction, the director now owns 1,047,410 shares of the company’s stock, valued at $5,928,340.60. The trade was a 0.00 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Keith M. Rosenbloom acquired 104,492 shares of the stock in a transaction that occurred on Friday, August 30th. The shares were bought at an average price of $5.74 per share, for a total transaction of $599,784.08. Following the purchase, the director now directly owns 1,168,682 shares of the company’s stock, valued at approximately $6,708,234.68. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 163,047 shares of company stock worth $938,205. 10.10% of the stock is currently owned by insiders.

About American Vanguard

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