Alert: New Earnings Report (5/9/24)-American Vanguard Corp (NYSE: AVD).

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American Vanguard Corp (NYSE: AVD) has reported E.P.S. of $0.06 for its first fiscal quarter (ending March 31) versus $0.07 for the same period a year ago — a decline of -14%. E.P.S. were $0.26 for the latest four quarters through March 31 versus $0.67 for the same period a year ago — a decline of -61%.

Recent Price Action

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On 5/9/24, American Vanguard Corp (NYSE: AVD) stock increased 1.4%, closing at $12.64. Trading volume in this advance was normal. Relative to the market the stock has been weak over the last nine months but has risen 8.1% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, AVD is expected to be a modest Value Builder.

American Vanguard has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. American Vanguard has a neutral Appreciation Score of 57 and a slightly negative Power Rating of 39, producing the Low Neutral Value Trend Rating.

Rating Review

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

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