American Vanguard (AVD) Scheduled to Post Earnings on Thursday

American Vanguard (NYSE:AVD) will announce its earnings results after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of $0.08 per share for the quarter.

American Vanguard (NYSE:AVD) last announced its quarterly earnings results on Thursday, March 14th. The basic materials company reported $0.25 earnings per share for the quarter, hitting the consensus estimate of $0.25. American Vanguard had a return on equity of 2.05% and a net margin of 1.30%. The company had revenue of $172.20 million for the quarter, compared to the consensus estimate of $172.70 million.

American Vanguard Stock Performance

Shares of AVD traded up $0.01 during mid-day trading on Wednesday, reaching $12.24. The company had a trading volume of 6,104 shares, compared to its average volume of 193,253. The stock has a 50 day moving average of $11.77 and a two-hundred day moving average of $10.76. The company has a quick ratio of 0.92, a current ratio of 1.87 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $352.45 million, a P/E ratio of 45.26 and a beta of 1.05. American Vanguard has a 52-week low of $8.41 and a 52-week high of $18.77.

American Vanguard Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Wednesday, March 27th were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.98%. The ex-dividend date was Tuesday, March 26th. American Vanguard’s dividend payout ratio is currently 44.44%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Roth Mkm increased their target price on shares of American Vanguard from $13.00 to $16.00 and gave the stock a “buy” rating in a research note on Friday, March 15th. StockNews.com raised shares of American Vanguard from a “hold” rating to a “buy” rating in a research note on Monday, March 18th. Loop Capital raised their price objective on shares of American Vanguard from $19.00 to $20.00 and gave the stock a “buy” rating in a research report on Monday, April 15th. Finally, Roth Capital restated a “buy” rating on shares of American Vanguard in a report on Wednesday, January 31st. Four research analysts have rated the stock with a buy rating, According to MarketBeat.com, American Vanguard has an average rating of “Buy” and a consensus target price of $18.00.

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. 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.