News headlines about Central Garden & Pet (NASDAQ:CENT) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Central Garden & Pet earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.8480628580182 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news headlines that may have effected Accern’s scoring:
Central Garden & Pet (CENT) traded up 0.62% on Friday, reaching $35.89. The company’s stock had a trading volume of 127,525 shares. The stock has a market cap of $1.86 billion, a P/E ratio of 27.07 and a beta of 0.10. Central Garden & Pet has a one year low of $22.97 and a one year high of $39.33. The stock has a 50-day moving average of $34.79 and a 200-day moving average of $34.22.
Central Garden & Pet (NASDAQ:CENT) last posted its quarterly earnings data on Wednesday, August 2nd. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.51 by $0.11. Central Garden & Pet had a return on equity of 13.66% and a net margin of 3.49%. The firm had revenue of $574.59 million for the quarter, compared to the consensus estimate of $544.26 million. During the same quarter last year, the company earned $0.48 earnings per share. The business’s revenue for the quarter was up 11.7% compared to the same quarter last year. On average, analysts predict that Central Garden & Pet will post $1.51 EPS for the current fiscal year.
A number of research firms have recently commented on CENT. KeyCorp reiterated a “hold” rating on shares of Central Garden & Pet in a research note on Wednesday, September 6th. BidaskClub raised Central Garden & Pet from a “strong sell” rating to a “sell” rating in a report on Friday, August 25th. Oppenheimer Holdings, Inc. reissued a “hold” rating on shares of Central Garden & Pet in a report on Tuesday, June 20th. Zacks Investment Research raised Central Garden & Pet from a “sell” rating to a “hold” rating and set a $41.00 price objective for the company in a report on Friday, August 4th. Finally, Sidoti raised Central Garden & Pet from a “neutral” rating to a “buy” rating in a report on Monday, June 19th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. Central Garden & Pet presently has a consensus rating of “Hold” and an average target price of $39.00.
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In other Central Garden & Pet news, Director Alfred A. Piergallini sold 6,390 shares of the firm’s stock in a transaction that occurred on Thursday, August 17th. The stock was sold at an average price of $32.20, for a total transaction of $205,758.00. Following the completion of the transaction, the director now owns 60,430 shares in the company, valued at approximately $1,945,846. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, General Counsel George A. Yuhas sold 4,364 shares of the firm’s stock in a transaction that occurred on Tuesday, August 29th. The shares were sold at an average price of $33.37, for a total value of $145,626.68. Following the transaction, the general counsel now owns 50,259 shares of the company’s stock, valued at approximately $1,677,142.83. The disclosure for this sale can be found here. Insiders have sold 76,890 shares of company stock valued at $2,612,545 in the last quarter. 11.60% of the stock is currently owned by company insiders.
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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