News coverage about Central Garden & Pet (NASDAQ:CENT) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog 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 coverage optimism score of 0.11 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.9912141123183 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Central Garden & Pet (CENT) opened at $36.45 on Thursday. Central Garden & Pet has a 12 month low of $29.08 and a 12 month high of $42.29. The company has a market capitalization of $1,860.00, a price-to-earnings ratio of 23.98, a PEG ratio of 2.22 and a beta of 0.03. The company has a quick ratio of 1.37, a current ratio of 3.10 and a debt-to-equity ratio of 0.62.

Central Garden & Pet (NASDAQ:CENT) last announced its quarterly earnings results on Tuesday, November 28th. The company reported $0.08 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.02). Central Garden & Pet had a net margin of 3.84% and a return on equity of 12.81%. The business had revenue of $490.46 million during the quarter, compared to analyst estimates of $439.07 million. During the same period last year, the company earned $0.13 EPS. The business’s revenue for the quarter was up 18.6% on a year-over-year basis. sell-side analysts expect that Central Garden & Pet will post 1.66 earnings per share for the current year.

Several equities analysts have recently commented on CENT shares. Zacks Investment Research lowered Central Garden & Pet from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. BidaskClub lowered Central Garden & Pet from a “hold” rating to a “sell” rating in a research note on Saturday, January 6th. CL King started coverage on Central Garden & Pet in a research note on Thursday, December 7th. They issued a “buy” rating and a $47.00 price target on the stock. Oppenheimer reaffirmed a “hold” rating on shares of Central Garden & Pet in a research note on Wednesday, November 29th. Finally, KeyCorp reaffirmed a “hold” rating on shares of Central Garden & Pet in a research note on Monday, October 16th. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. Central Garden & Pet presently has a consensus rating of “Hold” and a consensus price target of $44.00.

In related news, CFO Nicholas Lahanas sold 7,119 shares of the business’s stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $38.78, for a total value of $276,074.82. Following the sale, the chief financial officer now owns 27,959 shares in the company, valued at approximately $1,084,250.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director John Ranelli sold 16,189 shares of the business’s stock in a transaction on Monday, December 11th. The shares were sold at an average price of $38.17, for a total value of $617,934.13. Following the completion of the sale, the director now owns 61,317 shares in the company, valued at approximately $2,340,469.89. The disclosure for this sale can be found here. In the last ninety days, insiders sold 70,299 shares of company stock worth $2,673,558. Corporate insiders own 12.60% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Central Garden & Pet (NASDAQ:CENT)

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