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American Vanguard Corp. - AVD STOCK NEWS

Welcome to our dedicated news page for American Vanguard (Ticker: AVD), a resource for investors and traders seeking the latest updates and insights on American Vanguard.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect American Vanguard's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of American Vanguard's position in the market.

News
American Vanguard Announces 2024 Annual Shareholder Meeting
Rhea-AI Summary
American Vanguard (AVD) files Form 10-K for FY2023 and announces details of its 2024 Annual Meeting of Stockholders. The meeting will include voting on nomination of directors, ratification of accounting firm, and executive compensation. The company also released its Annual Report with unchanged financial statements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.37%
Tags
none
-
News
American Vanguard Reports Fourth Quarter & Full Year 2023 Results
Rhea-AI Summary
American Vanguard Corporation (AVD) reports a strong financial performance for the fourth quarter and full year 2023, with net sales of $172.2 million and $579 million, respectively. Adjusted EBITDA for Q4 was $21 million, showing a significant increase from $12 million in 2022. The company aims for a transformation target of $15 million additional adjusted EBITDA by 2026 through various business initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
21.81%
Tags
earnings
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News
American Vanguard Schedules 2023 Fourth Quarter Earnings Release and Conference Call for Thursday, March 14th
Rhea-AI Summary
American Vanguard Corporation (AVD) will report Q4 financial results on March 14, 2024, with a conference call led by CEO Eric Wintemute and CFO David T. Johnson. Interested parties can join via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
Tags
earnings
News
American Vanguard Declares Quarterly Dividend
Rhea-AI Summary
American Vanguard Corporation (AVD) declares a cash dividend of $0.03 per share for shareholders of record as of March 27, 2024. The dividend reflects the company's confidence in its core business, financial strength, and growth initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.18%
Tags
dividends
-
News
American Vanguard Appoints Steven Macicek to Its Board of Directors Morton D. Erlich to Retire
Rhea-AI Summary
American Vanguard Corporation (AVD) announced the retirement of Mort Erlich from the board of directors and the appointment of Steven Macicek as the new Chair of the Audit Committee. Mr. Erlich, with a background in KPMG LLP, served for 11 years, while Mr. Macicek, from Ernst & Young, brings extensive experience in governance and business advisory to guide the company's next phase of development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.61%
Tags
management
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News
American Vanguard Confirms 2023 and 2024 Targets
Rhea-AI Summary
American Vanguard Corporation (AVD) announced its preliminary and unaudited financial results for the fourth quarter and full year ended December 31, 2023. The company reported that it ended the quarter and the year broadly in line with its targets for 2023 and is reiterating its 2024 expectations. The company also strengthened its balance sheet with debt reduction fueled by higher sales, inventory reductions, and customer pre-payments. The delivery of the stronger balance sheet has put the company in a strong position to meet its debt-to-EBITDA target of approximately 2.75X. Additionally, the company's business and digital transformation initiatives are underway, which are expected to lead to improved operating leverage and a more efficient platform for growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
Tags
none
News
American Vanguard Scheduled to Announce Preliminary Unaudited Q4 & Full Year 2023 Financial Highlights
Rhea-AI Summary
American Vanguard Corporation (AVD) has announced a conference call to discuss preliminary and unaudited financial results for the fourth quarter and full year ended December 31, 2023, as well as 2024 Financial Targets and an update on their Transformation Project. The call will be conducted by key executives and will be available for participation via phone or live webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.82%
Tags
none
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News
American Vanguard Declares Quarterly Dividend
Rhea-AI Summary
American Vanguard Corporation (AVD) declared a cash dividend of $0.03 per share for shareholders of record as of December 29, 2023, continuing its practice of providing cash returns to shareholders. The company's Chairman and CEO, Eric W. Wintemute, expressed strong belief in the company's value, future growth, and profitability. AVD's annual cash dividend payments have shown a positive trend, with a consistent increase over the years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.85%
Tags
dividends
-
News
American Vanguard Hires Chief Transformation Officer
Rhea-AI Summary
American Vanguard Corporation (NYSE: AVD) has appointed Don Gualdoni as the Chief Transformation Officer to lead the implementation of a three-pronged plan aimed at improving operating leverage, aligning people and processes, and enhancing profit. The plan includes identifying $15 million in operating profit and interest savings, working on digital transformation with QAD and Kearney, and launching an organizational transformation. Gualdoni's extensive experience in leadership roles and corporate system optimizations makes him ideally suited for this role.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.4%
Tags
management
News
OHP®, an American Vanguard® Company, to Become Master Distributor of Certis® Biological Products in U.S. Non-crop Markets
Rhea-AI Summary
American Vanguard Company (NYSE: AVD) announced that OHP Inc. has become the master distributor in U.S. non-crop markets of biological technologies developed by Certis Biologicals. This strategic agreement enhances American Vanguard’s GreenSolutions portfolio and is aligned with AMGUARD’s strategy to provide best-in-class technologies and market access. OHP will have exclusive access to Certis’ pipeline of new technologies for non-crop markets, including BotaniGard and Mycotrol products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.36%
Tags
none
Stock AVD logo
American Vanguard Corp.

NYSE:AVD

AVD Rankings

#3333 Ranked by Market Cap
#4908 Ranked by Stock Gains
#1792 Ranked by Dividends

AVD Stock Data

334.02M
26.81M
6.45%
83.55%
2.27%
Pesticide and Other Agricultural Chemical Manufacturing
Manufacturing
Link
US
Newport Beach

About AVD

american vanguard corporation, through its subsidiaries, develops, manufactures, and markets specialty chemicals for agricultural, commercial, and consumer uses in the united states and internationally. the company manufactures and formulates chemicals, including insecticides, fungicides, herbicides, molluscicides, growth regulators, and soil fumigants in liquid, powder, and granular forms for crops, turf and ornamental plants, and human and animal health protection. it also markets and distributes end-use chemical and biological products for crop applications; distributes chemicals for greenhouse and nursery production markets; and offers formulations, such as pcnb, chlorothalonil, and propiconazole under the ffii and ffiii names. the company distributes its products through national distribution companies, and buying groups or co-operatives; and through sales offices, sales force executives, sales agents, and wholly owned distributors. american vanguard corporation was founded in 196