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 most optimistic analyst gave a price target of 45, implying potential capital gains of 38.93 percent. The most pessimistic analyst gave a price target of 38, which equates to a potential downside 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -1.94 percent if we expand the time horizon to include the past 3 months instead of just one. 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

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. 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CENT is 2.28.

In the last 52-weeks, CENT has achieved a high of 39.33 and a low of 22.97. Today's price is 41.01 percent above the 52-week low, 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 will post this quarters earnings in days, on 0000-00-00.