American Vanguard's (AVD) Shares Up 19% in 3 Months: Here's Why

Zacks04-09

American Vanguard Corporation’s AVD shares have gained 19% in the past three months. The company also outperformed the industry’s fall of 14.8% over the same time frame. It has also topped the S&P 500...

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It has also topped the S&P 500...</p>\n\n<a href=\"https://finance.yahoo.com/news/american-vanguards-avd-shares-19-123900171.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>American Vanguard's (AVD) Shares Up 19% in 3 Months: Here's Why</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmerican Vanguard's (AVD) Shares Up 19% in 3 Months: Here's Why\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-09 20:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/american-vanguards-avd-shares-19-123900171.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>American Vanguard Corporation’s AVD shares have gained 19% in the past three months. The company also outperformed the industry’s fall of 14.8% over the same time frame. It has also topped the S&P 500...</p>\n\n<a href=\"https://finance.yahoo.com/news/american-vanguards-avd-shares-19-123900171.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AVD","symbol_name":"美国先锋","start_time":0,"source_url":"https://finance.yahoo.com/news/american-vanguards-avd-shares-19-123900171.html","article_id":"2426219090","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/bZ_RsfdOJQ46d.OBs4PG3Q--~B/aD00Nzk7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/76cfc143b9f21a2cf59fe5fd71c13acd"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2426219090","pubTimestamp":1712666340,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"American Vanguard Corporation’sAVD shares have gained 19% in the past three months. The company also outperformed theindustry’s fall of 14.8% over the same time frame. It has also topped the S&P 500’s nearly 9.2% rise over the same period.In the fourth quarter, American Vanguard saw a notable boost in revenues within its U.S. crop business. Revenues increased 11% year over year to approximately $83.4 million. Sales in the U.S. non-crop sector experienced a commendable uptick of around 10%, reaching approximately $25.2 million.The consensus estimate for CRS’ current fiscal year earnings is pegged at $4 per share, indicating a year-over-year surge of 250.9%. CRS beat on earnings in each of the last four quarters, delivering an avera","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AVD":"美国先锋","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","IE00B66KJ199.SGD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY  \" A\" (SGD) ACC","LU2065732104.USD":"ALLSPRING (LUX) WF GLOBAL SMALL CAP EQUITY \"I\" (USD) ACC","IE00B19Z4B17.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) ACC","LU0323240290.USD":"HSBC GIF GLOBAL EQUITY CLIMATE CHANGE \"AD\" INC","BK4093":"化肥与农用药剂","IE00B19Z6F94.USD":"Legg Mason Royce - US Smaller Companies A Acc USD","LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","ECL":"艺康集团","LU1923622614.USD":"Natixis Thematics Meta R/A USD","BK4006":"钢铁","LU2092937221.SGD":"Blackrock Circular Economy A2 SGD-H","IOSP":"英诺斯派材料","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU2125909759.SGD":"Natixis Thematics Safety H-R/A SGD","BK4109":"特种化学制品","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","LU2125909916.SGD":"Natixis Thematics Safety R/A SGD","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","LU1992135399.USD":"Allianz Global Intelligent Cities AT Acc USD","BK4585":"ETF&股票定投概念","LU2272731782.SGD":"Allianz Global Intelligent Cities AM Dis H2-SGD","LU1923622291.USD":"Natixis Thematics Safety R/A USD","LU2125910179.SGD":"Natixis Thematics Water H-R/A SGD","LU2272731600.USD":"Allianz Global Intelligent Cities AM Dis USD","LU2041044095.USD":"Blackrock Circular Economy A2 USD","LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","LU2125910336.SGD":"Natixis Thematics Water R/A SGD","CRS":"卡朋特科技","IE0031619046.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) INC","LU1923621640.USD":"Natixis Thematics Water R/A USD","IE00B7SZL793.SGD":"Legg Mason Royce - US Small Cap Opportunity A Acc SGD-H","BK4588":"碎股"},"translate_title":"美国先锋公司（AVD）的股价在3个月内上涨了19%：原因如下","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AVD":1,"IOSP":1,"CRS":1,"ECL":0.9},"content_text":"American Vanguard Corporation’s AVD shares have gained 19% in the past three months. The company also outperformed the industry’s fall of 14.8% over the same time frame. It has also topped the S&P 500’s nearly 9.2% rise over the same period.\nImage Source: Zacks Investment Research\nLet’s take a look at the factors behind the stock’s price appreciation.\nWhat’s Driving American Vanguard?\nIn the fourth quarter, American Vanguard saw a notable boost in revenues within its U.S. crop business. Revenues increased 11% year over year to approximately $83.4 million. Sales in the U.S. non-crop sector experienced a commendable uptick of around 10%, reaching approximately $25.2 million.\nConfidence abounds within the company regarding its standing in both domestic and international markets, with ambitious aims set for a revenue growth target ranging between 8% and 12% for 2024. This is projected to yield a full-year adjusted EBITDA within the range of $70-$80 million. Such optimism is underpinned by a commitment to maintaining robust gross profit margins, stringent control over operational expenses and the optimization of factory performance.\nIn pursuit of a transformative agenda, American Vanguard set its sights on achieving adjusted EBITDA growth of 15% of net sales. This strategic initiative aims to generate an additional $15 million or more in adjusted EBITDA on an annual basis, with the full spectrum of its benefits expected to materialize by 2026. This transformation will be fueled by a multifaceted approach encompassing operational enhancements, commercial strategies, digital innovations and efficiencies in general and administrative functions.\nAmerican Vanguard delivered fourth-quarter earnings of 25 cents per share, up from 13 cents a year ago, matching the Zacks Consensus Estimate. The Zacks Consensus Estimate for 2024 earnings is pegged at 77 cents per share, suggesting an impressive year-over-year growth projection of 196%. There has been an upward revision of 8.5% in the consensus estimate for the current year's earnings in the past 60 days, indicating growing confidence in the company's performance trajectory. This upward momentum underscores positive market sentiment and suggests strong potential for continued growth and value creation.\n\nAmerican Vanguard Corporation Price and Consensus\n\nAmerican Vanguard Corporation price-consensus-chart | American Vanguard Corporation Quote\n\n \nZacks Rank & Other Key Picks\nAmerican Vanguard currently carries a Zacks Rank #2 (Buy).\nSome other top-ranked stocks in the Basic Materials space are Carpenter Technology Corporation CRS, sporting a Zacks Rank #1 (Strong Buy), and Ecolab Inc. ECL and Innospec Inc. IOSP, each carrying a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.\nThe consensus estimate for CRS’ current fiscal year earnings is pegged at $4 per share, indicating a year-over-year surge of 250.9%. CRS beat on earnings in each of the last four quarters, delivering an average surprise of 12.2%. The company’s shares have risen 90.6% in the past year.\nEcolab has a projected earnings growth rate of 22.65% for the current year. The Zacks Consensus Estimate for ECL’s current-year earnings has been revised upward by 5.4% in the past 60 days. ECL beat on earnings in each of the last four quarters, delivering an average surprise of 1.7%. The company’s shares have rallied 36.7% in the past year.\nThe consensus estimate for IOSP’s current fiscal year earnings is pegged at $6.72 per share, indicating a 10.3% year-over-year increase. IOSP beat on earnings in each of the last four quarters, delivering an average surprise of 10.5%. The company’s shares have risen 17.7% in the past year.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nEcolab Inc. (ECL) : Free Stock Analysis Report\nCarpenter Technology Corporation (CRS) : Free Stock Analysis Report\nAmerican Vanguard Corporation (AVD) : Free Stock Analysis Report\nInnospec Inc. (IOSP) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2426219090"}