Central Garden & Pet (CENTA) Earning Positive Press Coverage, Accern Reports

News headlines about Central Garden & Pet (NASDAQ:CENTA) have trended positive recently, Accern reports. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Central Garden & Pet earned a daily sentiment score of 0.27 on Accern’s scale. Accern also gave news coverage about the company an impact score of 43.8285848105247 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Several equities research analysts have recently issued reports on CENTA shares. Sidoti upgraded shares of Central Garden & Pet from a “neutral” rating to a “buy” rating in a research note on Monday, June 19th. CL King started coverage on shares of Central Garden & Pet in a research note on Friday, July 7th. They set a “buy” rating and a $38.00 price target for the company.

Central Garden & Pet (NASDAQ:CENTA) opened at 33.70 on Friday. The company has a 50-day moving average of $31.30 and a 200-day moving average of $32.18. The stock has a market capitalization of $1.74 billion, a price-to-earnings ratio of 25.41 and a beta of 0.34. Central Garden & Pet has a 1-year low of $21.70 and a 1-year high of $38.17.

Central Garden & Pet (NASDAQ:CENTA) last announced its quarterly earnings data on Wednesday, August 2nd. The company reported $0.62 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.11. Central Garden & Pet had a net margin of 3.49% and a return on equity of 13.66%. The firm had revenue of $574.59 million during the quarter. Analysts anticipate that Central Garden & Pet will post $1.47 earnings per share for the current fiscal year.

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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.

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