Date | Price Target | Rating | Analyst |
---|---|---|---|
7/22/2024 | $14.00 | Buy | Lake Street |
Lake Street initiated coverage of American Vanguard with a rating of Buy and set a new price target of $14.00
Product Was Suspended by EPA Based on One Rodent Study American Vanguard Corporation (NYSE:AVD) today announced that, following its decision in April 2024 to voluntarily stop sales of Dacthal herbicide products, the Company has submitted to the Environmental Protection Agency ("EPA") voluntary cancellation requests for all of its federal registrations of those products. Those registrations are currently the subject of an emergency suspension order that was issued by EPA on August 6, 2024. In connection with its action, the Company made the following statements. While the Company continues to question EPA's conclusions in support of the suspension, we believe that the best course of ac
Office of the CEO Kickstarts Liquidity and Transformation Initiatives New Credit Agreement Bolsters Working Capital Needs American Vanguard Corporation (NYSE:AVD) today announced financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights – versus Second Quarter 2023: Net sales of $128.2 million v. $132.8 million Adjusted EBITDA1 of $6.2 million v. $10.7 million Earnings per share of $(0.42) v. $(0.04) First Half of 2024 Financial Highlights – versus First Half of 2023: Net sales of $263.4 million v. $257.7 million Adjusted EBITDA of $21.7 million v. $22.2 million Earnings per diluted share of $(0.36) v. $0.03 "In the
American Vanguard Corporation (NYSE:AVD), today announced that it will report financial results for the second quarter ended June 30, 2024, on Thursday, August 8, 2024, after the close of the stock market. Tim Donelly, Acting CEO, David T. Johnson, VP, CFO and Treasurer, and Mark Bassett, Director will conduct a conference call focusing on operating performance and financial results at 4:30 pm ET / 1:30 pm PT on August 8, 2024. Interested parties may participate in the call by dialing 201-493-6744, please dial in 10 minutes before the scheduled starting time and ask for the American Vanguard call. The conference call will also be webcast live via the News and Media section of the Compan
4 - AMERICAN VANGUARD CORP (0000005981) (Issuer)
4 - AMERICAN VANGUARD CORP (0000005981) (Issuer)
4 - AMERICAN VANGUARD CORP (0000005981) (Issuer)
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SC 13G/A - AMERICAN VANGUARD CORP (0000005981) (Subject)
Lake Street analyst Ben Klieve initiates coverage on American Vanguard (NYSE:AVD) with a Buy rating and announces Price Target of $14.
4 - AMERICAN VANGUARD CORP (0000005981) (Issuer)
4 - AMERICAN VANGUARD CORP (0000005981) (Issuer)
4 - AMERICAN VANGUARD CORP (0000005981) (Issuer)
American Vanguard Corporation (NYSE:AVD) today announced voting results from its Annual Meeting of Stockholders held on June 6, 2024. As to the first of three initiatives, the nine director nominees named in the proxy received more votes "for" than "against"; those persons are, Marisol Angelini, Scott Baskin, Mark Bassett, Debra Edwards, Emer Gunter, Patrick Gottschalk, Steven Macicek, Keith Rosenbloom and Eric Wintemute. They will serve as directors until the next Annual Meeting of Stockholders or until their successors are duly elected and qualified. In addition, the balance of the initiatives appearing on the Company's proxy passed, namely, the ratification of the appointment of Deloitte
American Vanguard Corporation (NYSE:AVD) today announced that, after 35 years in the agrochemical industry, Executive Vice President & Chief Operating Officer, Bob Trogele, will be retiring effective May 31, 2024. Mr. Trogele joined the company's principal operating subsidiary, AMVAC, in January 2015 to focus on growing the business across multiple product lines and geographies, achieving greater profitability, and establishing a pipeline of future opportunities through innovation and strategic relationships. Chairman & CEO, Eric G. Wintemute stated, "Bob's tenure at AMVAC has been marked by remarkable achievements and steadfast dedication. His vision and expertise have been instrumental
American Vanguard Corporation (NYSE:AVD) announced that Mort Erlich, who has served on the company's board of directors since October 2013, has expressed his intention to retire effective as of the filing of the Form 10-K for the period ended December 31, 2023. Mr. Erlich joined American Vanguard after a 34-year career with KPMG LLP and has served as the Chair of the company's Audit Committee, as well as a member of both the Compensation Committee and Nominating & Corporate Governance Committee. In light of Mr. Erlich's retirement, the company's board has appointed Steven Macicek to succeed Mr. Erlich as Chair of its Audit Committee. Mr. Macicek formerly served as Global Client Services P
Office of the CEO Kickstarts Liquidity and Transformation Initiatives New Credit Agreement Bolsters Working Capital Needs American Vanguard Corporation (NYSE:AVD) today announced financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights – versus Second Quarter 2023: Net sales of $128.2 million v. $132.8 million Adjusted EBITDA1 of $6.2 million v. $10.7 million Earnings per share of $(0.42) v. $(0.04) First Half of 2024 Financial Highlights – versus First Half of 2023: Net sales of $263.4 million v. $257.7 million Adjusted EBITDA of $21.7 million v. $22.2 million Earnings per diluted share of $(0.36) v. $0.03 "In the
American Vanguard Corporation (NYSE:AVD), today announced that it will report financial results for the second quarter ended June 30, 2024, on Thursday, August 8, 2024, after the close of the stock market. Tim Donelly, Acting CEO, David T. Johnson, VP, CFO and Treasurer, and Mark Bassett, Director will conduct a conference call focusing on operating performance and financial results at 4:30 pm ET / 1:30 pm PT on August 8, 2024. Interested parties may participate in the call by dialing 201-493-6744, please dial in 10 minutes before the scheduled starting time and ask for the American Vanguard call. The conference call will also be webcast live via the News and Media section of the Compan
American Vanguard Corporation (NYSE:AVD) announced that its Board of Directors has declared a cash dividend in the amount of $0.03 per share of the company's common stock to shareholders of record as of June 26, 2024, for distribution on July 10, 2024. Chairman and CEO Eric W. Wintemute commented, "We remain committed to returning cash to shareholders through our dividend. This payment reflects the Board of Directors' confidence in our core business, our overall financial strength, and the substantial growth prospects that we maintain within our portfolio. We appreciate the support of our shareholders, as we develop and deliver important solutions that enhance agricultural productivity, s
8-K - AMERICAN VANGUARD CORP (0000005981) (Filer)
8-K - AMERICAN VANGUARD CORP (0000005981) (Filer)
10-Q - AMERICAN VANGUARD CORP (0000005981) (Filer)