Central Garden & Pet (NASDAQ:CENT) issued its quarterly earnings data on Tuesday. The company reported $0.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.02), Bloomberg Earnings reports. The company had revenue of $490.46 million for the quarter, compared to analyst estimates of $439.07 million. Central Garden & Pet had a return on equity of 13.04% and a net margin of 3.84%. The company’s revenue was up 18.6% on a year-over-year basis. During the same quarter last year, the business earned $0.13 earnings per share. Central Garden & Pet updated its FY18 guidance to +8% to ~$1.62 EPS.

Shares of Central Garden & Pet (CENT) opened at $38.92 on Thursday. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.38 and a quick ratio of 1.63. Central Garden & Pet has a 1 year low of $28.37 and a 1 year high of $40.48. The firm has a market cap of $2,002.62, a P/E ratio of 25.96, a PEG ratio of 2.33 and a beta of 0.03.

Several equities research analysts have issued reports on CENT shares. BidaskClub upgraded shares of Central Garden & Pet from a “strong sell” rating to a “sell” rating in a research report on Friday, August 25th. KeyCorp restated a “hold” rating on shares of Central Garden & Pet in a research report on Monday, October 16th. Zacks Investment Research upgraded shares of Central Garden & Pet from a “sell” rating to a “hold” rating in a research report on Wednesday, November 15th. Sidoti downgraded shares of Central Garden & Pet from a “buy” rating to a “neutral” rating in a research report on Monday, October 16th. Finally, Oppenheimer restated a “hold” rating on shares of Central Garden & Pet in a research report on Thursday, August 3rd. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. Central Garden & Pet currently has an average rating of “Hold” and an average target price of $39.00.

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Central Garden & Pet Company Profile

Central Garden & Pet Company is a marketer and producer of branded products and distributor of third party products in the pet and lawn and garden supplies industries in the United States. The Company operates in two segments: Pet segment and the Garden segment. It is a marketer and producer of pet supplies in the United States.

Earnings History for Central Garden & Pet (NASDAQ:CENT)

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