American Vanguard (AVD)
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Are Investors Undervaluing American Vanguard (AVD) Right Now?
Zacks Investment Research· 2024-03-18 14:45
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they ...
American Vanguard (AVD) Q4 Earnings Meet, Sales Miss Estimates
Zacks Investment Research· 2024-03-15 13:56
American Vanguard Corporation (AVD) logged earnings of 25 cents per share in the fourth quarter of 2023 against earnings of 13 cents a year ago. It was in line with the Zacks Consensus Estimate of 25 cents.Revenues were $172.2 million for the reported quarter, up around 8% year over year. Revenues missed the Zacks Consensus Estimate of $172.7 million. In the fourth quarter, the company experienced a rebound following challenges such as global destocking within the distribution channel, oversupply of Chinese ...
American Vanguard (AVD) - 2023 Q4 - Earnings Call Transcript
2024-03-15 01:02
American Vanguard Corporation (NYSE:AVD) Q4 2023 Results Conference Call March 14, 2024 5:00 PM ET Company Participants Bill Kuser - Director of Investor Relations Eric Wintemute - Chairman and Chief Executive Officer David Johnson - Chief Financial Officer Bob Trogele - Chief Operating Officer Don Gualdoni - Chief Transformation Officer Tim Donnelly - Chief Administrative Officer Conference Call Participants Scott Fortune - ROTH MKM Chris Kapsch - Loop Capital Markets Andrew Lester - Harla Capital Operator ...
American Vanguard Declares Quarterly Dividend
Businesswire· 2024-03-11 13:00
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--American Vanguard Corporation (NYSE: AVD) announced that its Board of Directors has declared a cash dividend in the amount of $0.03 per share of the company’s common stock to shareholders of record as of March 27, 2024, for distribution on April 10, 2024. Chairman and CEO Eric W. Wintemute commented, “This dividend payment continues our history of providing cash returns to shareholders reflecting the confidence that the Board of Directors has in our core business, ou ...
Has American Vanguard (AVD) Outpaced Other Basic Materials Stocks This Year?
Zacks Investment Research· 2024-03-08 15:46
Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. American Vanguard (AVD) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.American Vanguard is a member of our Basic Materials group, which includes 237 diffe ...
American Vanguard Appoints Steven Macicek to Its Board of Directors
Morton D. Erlich to Retire
Businesswire· 2024-03-07 22:21
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--American Vanguard Corporation (NYSE: AVD) announced that Mort Erlich, who has served on the company’s board of directors since October 2013, has expressed his intention to retire effective as of the filing of the Form 10-K for the period ended December 31, 2023. Mr. Erlich joined American Vanguard after a 34-year career with KPMG LLP and has served as the Chair of the company’s Audit Committee, as well as a member of both the Compensation Committee and Nominating & Co ...
Are Basic Materials Stocks Lagging American Vanguard (AVD) This Year?
Zacks Investment Research· 2024-02-21 15:46
Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Has American Vanguard (AVD) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.American Vanguard is a member of the Basic Materials sector. This group includes 236 individual stocks and currently holds a Zacks Sector Rank of #15. The Zacks Sector Rank considers ...
5 Value Stocks With Alluring EV-to-EBITDA Ratios to Snap Up
Zacks Investment Research· 2024-02-15 11:56
The price-to-earnings (P/E) multiple enjoys wide-scale popularity among investors seeking stocks trading at a bargain. In addition to being a widely used tool for screening stocks, P/E is a popular metric for working out the fair market value of a firm. But even this ubiquitously used valuation multiple has a few limitations.Although P/E is the most popular valuation metric, a more complicated multiple called EV-to-EBITDA works even better. Often considered a better alternative to P/E, it gives the true pic ...
American Vanguard Confirms 2023 and 2024 Targets
Businesswire· 2024-01-31 21:32
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--American Vanguard Corporation (NYSE: AVD), today announced key metrics from its preliminary and unaudited financial results for the fourth quarter and full year ended December 31, 2023. Eric Wintemute, Chairman and CEO of American Vanguard commented, “During our third quarter earnings report in November, we indicated expectations for the full year 2023 and our targets for 2024. While we have not completed our full audit cycle, I am pleased to report that based on our ...
American Vanguard Scheduled to Announce Preliminary Unaudited Q4 & Full Year 2023 Financial Highlights
Businesswire· 2024-01-24 21:56
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--American Vanguard Corporation (NYSE: AVD), today announced that it will discuss certain key preliminary and unaudited financial results for the fourth quarter and full year ended December 31, 2023, on Wednesday, January 31, 2024. Eric Wintemute, Chairman and CEO of American Vanguard commented, “In addition to our discussion of Preliminary Fourth Quarter and Full Year 2023 performance, we will speak to our 2024 Financial Targets, and provide an update on our importa ...