Central Garden & Pet (CENTA) Receiving Somewhat Positive News Coverage, Report Finds
News headlines about Central Garden & Pet (NASDAQ:CENTA) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Central Garden & Pet earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.8588560144064 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
A number of equities analysts recently weighed in on CENTA shares. Monness Crespi & Hardt started coverage on shares of Central Garden & Pet in a research report on Friday, October 20th. They set a “buy” rating and a $44.00 price target on the stock. CL King reiterated a “buy” rating and issued a $47.00 target price on shares of Central Garden & Pet in a report on Friday, December 8th. Finally, Sidoti lowered shares of Central Garden & Pet from a “buy” rating to a “neutral” rating in a report on Monday, October 16th.
Central Garden & Pet (NASDAQ:CENTA) traded down $0.31 during trading hours on Monday, reaching $37.71. 105,600 shares of the company’s stock traded hands, compared to its average volume of 198,891. The company has a quick ratio of 1.37, a current ratio of 3.10 and a debt-to-equity ratio of 0.62. The firm has a market cap of $1,952.40, a price-to-earnings ratio of 24.81 and a beta of 0.27. Central Garden & Pet has a 12 month low of $28.12 and a 12 month high of $41.34.
Central Garden & Pet (NASDAQ:CENTA) last posted its earnings results on Tuesday, November 28th. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.02. The company had revenue of $490.46 million for the quarter. Central Garden & Pet had a net margin of 3.84% and a return on equity of 12.81%. During the same quarter in the previous year, the firm earned $0.13 earnings per share. sell-side analysts anticipate that Central Garden & Pet will post 1.62 EPS for the current year.
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About Central Garden & Pet
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.
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