Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Central Garden & Pet (CENTA) Stock Price

News coverage about Central Garden & Pet (NASDAQ:CENTA) has trended somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Central Garden & Pet earned a daily sentiment score of 0.21 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.7521995736544 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Central Garden & Pet (CENTA) traded up $0.59 on Thursday, hitting $35.97. The stock had a trading volume of 298,267 shares, compared to its average volume of 205,208. Central Garden & Pet has a 12 month low of $28.12 and a 12 month high of $41.34. The company has a quick ratio of 1.37, a current ratio of 3.10 and a debt-to-equity ratio of 0.62. The company has a market cap of $1,880.00, a P/E ratio of 23.66 and a beta of 0.27.

Central Garden & Pet (NASDAQ:CENTA) last posted its quarterly earnings data on Tuesday, November 28th. The company reported $0.08 EPS for the quarter, topping the Zacks’ consensus estimate of $0.06 by $0.02. The company had revenue of $490.46 million for the quarter. Central Garden & Pet had a return on equity of 12.81% and a net margin of 3.84%. During the same period in the prior year, the firm posted $0.13 EPS. research analysts expect that Central Garden & Pet will post 1.62 earnings per share for the current fiscal year.

A number of research firms recently issued reports on CENTA. Sidoti lowered Central Garden & Pet from a “buy” rating to a “neutral” rating in a research report on Monday, October 16th. CL King reiterated a “buy” rating and set a $47.00 price target on shares of Central Garden & Pet in a research report on Friday, December 8th. Finally, Monness Crespi & Hardt started coverage on Central Garden & Pet in a research report on Friday, October 20th. They set a “buy” rating and a $44.00 price target for the company.

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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.

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