American Vanguard Corporation (NYSE:AVD) Q1 2024 Results Conference Call May 9, 2024 4:15 PM ET Company Participants Anthony Young - Director of IR Eric Wintemute - Chairman and CEO David Johnson - CFO Bob Trogele - COO Tim Donnelly - Chief Information Officer Don Gualdoni - Chief Transformation Officer Conference Call Participants Scott Fortune - ROTH MKM Chris Kapsch - Loop Capital Markets Operator Greetings, and welcome to the American Vanguard First Quarter 2024 Earnings Conference Call and Webcast [Ope ...

Exhibit 99.1 FOR IMMEDIATE RELEASE AMERICAN VANGUARD REPORTS Q1 2024 RESULTS ADJUSTED EBITDA UP 35%, OPERATING INCOME UP 87% Newport Beach, CA – May 9, 2024 – American Vanguard Corporation (NYSE: AVD) today announced financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights – versus First Quarter 2023: • Net sales of $135 million vs. $125 million • Adjusted EBITDA1 of $15.5 million vs. $11.5 million • Operating Income of $6.1 million vs. $3.3 million • Net income ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.10 par value AVD New York Stock Exchange FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission file number 001-1379 ...

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--American Vanguard Corporation (NYSE: AVD), today announced that it will report financial results for the first quarter ended March 31, 2024, on Thursday, May 9, 2024, after the close of the stock market.Eric Wintemute, Chairman & CEO, David T. Johnson, VP & CFO, and Bob Trogele, EVP & COO, will conduct a conference call focusing on operating performance and financial results at 4:15 pm ET / 1:15 pm PT on May 9, 2024. Interested parties may participate in the call by d ...

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--American Vanguard Corporation (NYSE: AVD), today announced that it will report financial results for the first quarter ended March 31, 2024, on Thursday, May 9, 2024, after the close of the stock market. Eric Wintemute, Chairman & CEO, David T. Johnson, VP & CFO, and Bob Trogele, EVP & COO, will conduct a conference call focusing on operating performance and financial results at 4:15 pm ET / 1:15 pm PT on May 9, 2024. Interested parties may participate in the call by ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...

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 ...

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 one of 240 individual stocks in the Basic Materials sector. Col ...

American Vanguard Corporation’s (AVD) shares have gained 19% in the past three months. The company also outperformed the industry’s fall of 14.8% over the same time frame. It has also topped the S&P 500’s nearly 9.2% rise over the same period.Image Source: Zacks Investment ResearchLet’s take a look at the factors behind the stock’s price appreciation.What’s Driving American Vanguard?In the fourth quarter, American Vanguard saw a notable boost in revenues within its U.S. crop business. Revenues increased 11% ...

Core Insights - The Zacks Chemicals Specialty industry is expected to benefit from a demand rebound as customer inventory destocking nears completion, which has affected the industry throughout 2023 [1][3]. Industry Overview - The Zacks Chemicals Specialty industry includes manufacturers of specialty chemical products used in various end-use markets such as textiles, automotive, electronics, and agriculture [2]. - Specialty chemicals are critical for the performance of finished products and can be single molecules or formulations, impacting a wide range of industries [2]. Demand Recovery - Improved demand is anticipated across major industries, particularly automotive and construction, driven by a recovery in automotive production and resolution of supply chain issues [3]. - The end of customer inventory destocking, primarily caused by high inflation and pandemic impacts, is expected to support volume growth for specialty chemical companies [3]. Self-Help Measures - Companies are implementing cost-cutting, productivity improvements, and operational efficiency measures to navigate ongoing challenges [4]. - Actions to strengthen balance sheets and boost cash flows are being aggressively pursued by industry participants [4]. Cost Pressures - Specialty chemical manufacturers are facing inflation in raw material costs and disruptions in supply chains and logistics, which continue to impact margins [5]. - Although raw material costs have moderated, they remain elevated compared to pre-pandemic levels, and inflationary pressures are expected to persist [5]. Industry Ranking and Performance - The Zacks Chemicals Specialty industry holds a Zacks Industry Rank of 68, placing it in the top 27% of over 250 Zacks industries, indicating positive near-term prospects [6]. - Over the past year, the industry has outperformed both the S&P 500 and the broader Zacks Basic Materials sector, gaining 25.6% compared to the S&P 500's 24.8% and the sector's 8.8% [8]. Current Valuation - The industry is currently trading at an EV/EBITDA ratio of 11.72X, which is below the S&P 500's 15.06X and the sector's 11.74X [9]. Notable Companies - **Daqo New Energy**: A leading producer of high-purity polysilicon, expected to benefit from strong demand for solar products and improved operational efficiency, with a Zacks Rank of 1 (Strong Buy) [10]. - **American Vanguard**: Focused on agricultural products, expected to rebound from previous challenges, with a Zacks Rank of 2 (Buy) and an expected earnings growth rate of 196.2% [12]. - **PPG Industries**: A global supplier of paints and coatings, benefiting from restructuring and cost-saving measures, with a Zacks Rank of 3 (Hold) and an expected earnings growth rate of 10.2% [15]. - **Hawkins**: A specialty chemical company seeing growth in its Water Treatment segment, with a Zacks Rank of 3 and an expected earnings growth of 26.2% [18].