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.
CENT was given price targets by several analysts. The highest price target was 45, which equates to a potential upside 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. The average change in earnings estimates over the last 90 days is -1.94 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.43 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. 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. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, 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. CENT has a PEG ratio of 2.28.
In the trailing 52-weeks, CENT hit 39.33 at the highest peak, while it's lowest trading point was 22.97. The current market price is above the trailing year's low by 41.01 percent, 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.