Media stories about Central Garden & Pet (NASDAQ:CENTA) have trended somewhat positive on Tuesday, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Central Garden & Pet earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave news articles 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 company’s share price in the near term.
Several brokerages recently commented on CENTA. Sidoti downgraded shares of Central Garden & Pet from a “buy” rating to a “neutral” rating in a research note on Monday, October 16th. Monness Crespi & Hardt began coverage on shares of Central Garden & Pet in a research note on Friday, October 20th. They set a “buy” rating and a $44.00 target price for the company. Finally, CL King reissued a “buy” rating and set a $47.00 target price on shares of Central Garden & Pet in a research note on Friday, December 8th.
Central Garden & Pet (NASDAQ:CENTA) traded down $0.08 on Tuesday, hitting $35.56. 184,131 shares of the company were exchanged, compared to its average volume of 195,863. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.10 and a quick ratio of 1.37. Central Garden & Pet has a one year low of $28.12 and a one year high of $41.34. The company has a market capitalization of $1,845.22, a price-to-earnings ratio of 23.39 and a beta of 0.27.
Central Garden & Pet (NASDAQ:CENTA) last released its quarterly earnings results on Tuesday, November 28th. The company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates 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 period in the previous year, the business earned $0.13 earnings per share. analysts predict that Central Garden & Pet will post 1.62 earnings per share for the current year.
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.
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