Alert: Positive Investment/Fundamental Signals (4/29/24)-American Vanguard Corp (NYSE: AVD)

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Recent notable positive changes in fundamentals have benefitted American Vanguard Corp (NYSE: AVD): the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

American Vanguard Corp (NYSE: AVD) has benefited from notable positive changes in investment behavior: the stock’s recent price rise disrupted its longer term downtrend.

In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

AVD is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

American Vanguard has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. American Vanguard has a neutral Appreciation Score of 58 but a poor Power Rating of 24, with the Negative Value Trend Rating the result.

Recent Price Action

On 4/29/24, American Vanguard Corp (NYSE: AVD) stock increased 1.6%, closing at $11.65. However, trading volume in this advance was unusually low at 50% of normal. Relative to the market the stock has been weak over the last nine months but has risen 4.9% during the last week.

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