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.
Several price targets were given for CENT by the analysts covering the stock. The most optimistic price target was 45, implying potential capital gains of 38.93 percent. The lowest price target was 38, which equates to a potential downside of 17.32 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
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. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of CENT to grow at a rate of 11.65 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. 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. Today's price is 41.01 percent above the 52-week low, and below the high by 17.65 percent. CENT has a P/E 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 stock has a market capitalization of $1.69 billion. CENT's next earnings release will be on 0000-00-00, which is days away.