Central Garden & Pet (CENTA) Projected to Post Earnings on Wednesday

Central Garden & Pet (NASDAQ:CENTA) is expected to post its quarterly earnings results after the market closes on Wednesday, February 5th. Analysts expect Central Garden & Pet to post earnings of ($0.03) per share and revenue of $632.16 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Central Garden & Pet (NASDAQ:CENTA) last released its quarterly earnings data on Monday, November 25th. The company reported ($0.18) EPS for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.02. Central Garden & Pet had a net margin of 3.37% and a return on equity of 9.31%. On average, analysts expect Central Garden & Pet to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Central Garden & Pet Stock Performance

Shares of NASDAQ CENTA opened at $31.19 on Monday. The company has a quick ratio of 2.19, a current ratio of 3.66 and a debt-to-equity ratio of 0.76. The firm’s 50-day moving average price is $32.77 and its two-hundred day moving average price is $32.31. Central Garden & Pet has a 52-week low of $27.70 and a 52-week high of $41.03. The stock has a market capitalization of $2.05 billion, a P/E ratio of 19.28 and a beta of 0.76.

Analyst Ratings Changes

CENTA has been the subject of a number of recent analyst reports. StockNews.com lowered shares of Central Garden & Pet from a “buy” rating to a “hold” rating in a research report on Wednesday, October 16th. JPMorgan Chase & Co. dropped their target price on Central Garden & Pet from $32.00 to $31.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Finally, Argus lowered Central Garden & Pet from a “buy” rating to a “hold” rating in a research note on Tuesday, January 7th. Three equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $41.00.

Central Garden & Pet Company Profile

Central Garden & Pet Company produces and distributes various products for the lawn and garden, and pet supplies markets in the United States. It operates through two segments: Pet and Garden. The Pet segment provides dog and cat supplies, such as dog treats and chews, toys, pet beds and containment, grooming products, waste management, and training pads; supplies for aquatics, small animals, reptiles, and pet birds, including toys, cages and habitats, bedding, and food and supplements; products for equine and livestock; animal and household health and insect control products; aquariums and terrariums, including fixtures and stands, water conditioners and supplements, water pumps and filters, and lighting systems and accessories; and live fish and small animals, as well as outdoor cushions.