Wall Street brokerages forecast that American Vanguard Corporation (NYSE:AVD) will announce earnings of $0.18 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for American Vanguard’s earnings. The lowest EPS estimate is $0.17 and the highest is $0.20. American Vanguard reported earnings per share of $0.13 in the same quarter last year, which would suggest a positive year over year growth rate of 38.5%. The business is expected to issue its next earnings report on Monday, March 5th.

On average, analysts expect that American Vanguard will report full-year earnings of $0.59 per share for the current fiscal year, with EPS estimates ranging from $0.58 to $0.60. For the next year, analysts expect that the company will post earnings of $0.81 per share, with EPS estimates ranging from $0.75 to $0.85. Zacks’ EPS averages are a mean average based on a survey of analysts that cover American Vanguard.

American Vanguard (NYSE:AVD) last released its quarterly earnings data on Thursday, November 2nd. The basic materials company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.03). American Vanguard had a net margin of 4.83% and a return on equity of 5.44%. The firm had revenue of $90.00 million during the quarter, compared to the consensus estimate of $89.17 million. During the same quarter last year, the business posted $0.10 earnings per share. American Vanguard’s revenue was up 9.2% compared to the same quarter last year.

AVD has been the subject of a number of analyst reports. BidaskClub upgraded shares of American Vanguard from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 10th. Roth Capital set a $22.00 target price on shares of American Vanguard and gave the company a “buy” rating in a research report on Wednesday, August 23rd. Zacks Investment Research upgraded shares of American Vanguard from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a research report on Friday, September 15th. Finally, Piper Jaffray Companies set a $22.00 target price on shares of American Vanguard and gave the company a “hold” rating in a research report on Friday, October 6th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $25.33.

American Vanguard (NYSE AVD) traded up $0.05 during mid-day trading on Monday, hitting $18.80. 121,303 shares of the stock were exchanged, compared to its average volume of 97,913. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.37 and a quick ratio of 1.20. American Vanguard has a one year low of $14.65 and a one year high of $24.00. The company has a market capitalization of $567.59, a price-to-earnings ratio of 35.28, a P/E/G ratio of 2.14 and a beta of 1.23.

In other American Vanguard news, insider Timothy Donnelly sold 4,000 shares of American Vanguard stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $19.36, for a total transaction of $77,440.00. Following the completion of the sale, the insider now directly owns 37,564 shares in the company, valued at $727,239.04. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 4.70% of the company’s stock.

Several hedge funds have recently bought and sold shares of the business. Los Angeles Capital Management & Equity Research Inc. raised its stake in shares of American Vanguard by 0.3% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 39,515 shares of the basic materials company’s stock worth $682,000 after acquiring an additional 100 shares in the last quarter. Arizona State Retirement System raised its stake in shares of American Vanguard by 1.5% during the second quarter. Arizona State Retirement System now owns 13,625 shares of the basic materials company’s stock worth $235,000 after acquiring an additional 200 shares in the last quarter. Louisiana State Employees Retirement System raised its stake in shares of American Vanguard by 1.9% during the second quarter. Louisiana State Employees Retirement System now owns 10,700 shares of the basic materials company’s stock worth $185,000 after acquiring an additional 200 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of American Vanguard by 1.5% during the second quarter. Wells Fargo & Company MN now owns 20,012 shares of the basic materials company’s stock worth $345,000 after acquiring an additional 294 shares in the last quarter. Finally, Texas Permanent School Fund raised its stake in shares of American Vanguard by 2.3% during the second quarter. Texas Permanent School Fund now owns 19,135 shares of the basic materials company’s stock worth $330,000 after acquiring an additional 429 shares in the last quarter. 76.47% of the stock is currently owned by hedge funds and other institutional investors.

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About American Vanguard

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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Earnings History and Estimates for American Vanguard (NYSE:AVD)

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