Central Garden & Pet (CENT) Given Media Sentiment Rating of 0.15

Media stories about Central Garden & Pet (NASDAQ:CENT) have trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of 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 nearest to one being the most favorable. Central Garden & Pet earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.0285667326669 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

A number of brokerages have recently commented on CENT. Zacks Investment Research lowered Central Garden & Pet from a “hold” rating to a “sell” rating in a report on Wednesday, November 29th. Oppenheimer restated a “hold” rating on shares of Central Garden & Pet in a report on Wednesday, November 29th. KeyCorp restated a “hold” rating on shares of Central Garden & Pet in a report on Monday, October 16th. BidaskClub lowered Central Garden & Pet from a “hold” rating to a “sell” rating in a report on Saturday, January 6th. Finally, CL King began coverage on Central Garden & Pet in a report on Thursday, December 7th. They issued a “buy” rating and a $47.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $44.00.

Shares of Central Garden & Pet (NASDAQ:CENT) opened at $37.73 on Friday. The company has a market capitalization of $1,930.00, a PE ratio of 24.82, a PEG ratio of 2.10 and a beta of 0.03. Central Garden & Pet has a twelve month low of $29.08 and a twelve month high of $42.29. 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 released its earnings results on Tuesday, November 28th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.02). Central Garden & Pet had a return on equity of 12.81% and a net margin of 3.84%. The company had revenue of $490.46 million for the quarter, compared to the consensus estimate of $439.07 million. During the same quarter in the previous year, the company posted $0.13 EPS. The business’s revenue was up 18.6% on a year-over-year basis. sell-side analysts anticipate that Central Garden & Pet will post 1.77 EPS for the current year.

In related news, Director Brooks Pennington III sold 10,000 shares of the company’s stock in a transaction dated Wednesday, January 10th. The stock was sold at an average price of $35.47, for a total transaction of $354,700.00. Following the sale, the director now owns 35,928 shares in the company, valued at $1,274,366.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John Ranelli sold 16,189 shares of the company’s stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $38.17, for a total value of $617,934.13. Following 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. Insiders have sold 80,299 shares of company stock worth $3,028,258 in the last quarter. 11.60% of the stock is currently owned by corporate insiders.

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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.

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

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