Alert: New Earnings Report (3/14/24)-American Vanguard Corp (NYSE: AVD).

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American Vanguard Corp (NYSE: AVD) has reported E.P.S. of $0.25 for its fourth fiscal quarter (ending December 31) versus $0.14 for the same period a year ago — an increase of 79%. Relative to the consensus estimate of $0.29, this was a shortfall of $-0.04. For the latest four quarters through December 31, E.P.S. were $0.27 versus $0.94 for the same period a year ago — a decline of -71%.

Recent Price Action

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American Vanguard Corp (NYSE: AVD) stock suffered a large decline of -5.4% on 3/14/24. The stock closed at $10.59. Moreover, trading volume in this decline was above average at 129% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -2.0% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, AVD is expected to continue to be Value Creation neutral.

American Vanguard has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. American Vanguard has a neutral Appreciation Score of 51 but a very low Power Rating of 9, resulting in the Lowest Value Trend Rating.

Rating Review

In light of this new information and negative market action we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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