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.

Many analysts weighed in on price targets for CENT. The maximum price target given was 45, implying potential capital gains of 38.93 percent. The most pessimistic analyst gave a price target of 38, implying a possible loss 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.43 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of CENT's earnings is estimated by analysts to be 11.65 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. CENT has a PEG ratio of 2.28.

CENT has a 52-week high of 39.33 and a 52-week low of 22.97. Currently the stock is 41.01 percent higher than its low, and 17.65 percent lower than its 52-week 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 will post this quarters earnings in days, on 0000-00-00.