Analyst Ratings for Central Garden & Pet Co. (CENT)

Updated: 2017-07-27

Central Garden & Pet Co. (NASDAQ:CENT) was awarded an average rating of Overweight from investment analysts following the stock. CENT had previously received a consensus rating of Overweight a month ago.

6 analysts issued ratings on the stock, where 3 gave CENT a buy rating, 1 gave an overweight rating, 2 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Investment analysts gave a few price targets for CENT. The most optimistic analyst gave a price target of 45, implying a possible profit of 38.93 percent. The most pessimistic price target was 38, implying potential capital losses of 17.32 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -1.94 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 1.43 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of CENT to grow at a rate of 11.65 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of CENT is 2.28.

CENT has a 52-week high of 39.33 and a 52-week low of 22.97. The current market price is above the trailing year's low by 41.01 percent, and 17.65 percent below the high. CENT has a price/earnings ratio of 26.55. Investors typically compare the P/E ratio to a company's peers in the industry. The CENT value stock report compares CENT to some of its peers using value stock charts. The market cap of CENT is $1.69 billion. CENT is estimated to release their earnings results for the quarter on 0000-00-00, days from today.