American Vanguard Corporation (NYSE:AVD) is scheduled to post its quarterly earnings results after the market closes on Thursday, November 2nd. Analysts expect American Vanguard Corporation to post earnings of $0.17 per share for the quarter.
American Vanguard Corporation (NYSE:AVD) last posted its quarterly earnings data on Monday, July 31st. The basic materials company reported $0.15 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $0.01. The company had revenue of $77.90 million during the quarter, compared to analyst estimates of $77.71 million. American Vanguard Corporation had a return on equity of 5.10% and a net margin of 4.56%. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the company earned $0.11 earnings per share. On average, analysts expect American Vanguard Corporation to post $0.62 EPS for the current fiscal year and $0.79 EPS for the next fiscal year.
American Vanguard Corporation (NYSE AVD) traded down 1.311% during midday trading on Wednesday, reaching $22.205. The company had a trading volume of 6,604 shares. The company has a market capitalization of $661.33 million, a price-to-earnings ratio of 45.316 and a beta of 1.26. The firm has a 50-day moving average price of $22.41 and a 200-day moving average price of $19.32. American Vanguard Corporation has a 52 week low of $14.20 and a 52 week high of $24.00.
The company also recently announced a quarterly dividend, which was paid on Thursday, October 19th. Investors of record on Thursday, October 5th were issued a $0.015 dividend. This represents a $0.06 annualized dividend and a yield of 0.27%. The ex-dividend date of this dividend was Wednesday, October 4th. American Vanguard Corporation’s dividend payout ratio is currently 12.00%.
Several brokerages recently weighed in on AVD. BidaskClub raised shares of American Vanguard Corporation from a “strong sell” rating to a “sell” rating in a report on Thursday, August 10th. Roth Capital set a $28.00 target price on shares of American Vanguard Corporation and gave the stock a “buy” rating in a report on Sunday, October 1st. Zacks Investment Research downgraded shares of American Vanguard Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. Finally, Piper Jaffray Companies set a $22.00 target price on shares of American Vanguard Corporation and gave the stock a “hold” rating in a report on Friday, October 6th. One research analyst has rated the stock with a sell rating, two have given a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. American Vanguard Corporation currently has an average rating of “Hold” and an average target price of $24.33.
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American Vanguard Corporation Company Profile
American Vanguard Corporation operates as a holding company. The Company conducts its business through its subsidiaries, AMVAC Chemical Corporation (AMVAC), GemChem, Inc (GemChem), 2110 Davie Corporation (DAVIE), Quimica Amvac de Mexico SA de C.V. (AMVAC M), AMVAC Mexico Sociedad de Responsabilidad Limitada (AMVAC M Srl), AMVAC de Costa Rica Sociedad de Responsabilidad Limitada (AMVAC CR Srl), AMVAC Switzerland GmbH (AMVAC S), AMVAC do Brasil Representacoes Ltda (AMVAC B), AMVAC C.V.
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