Central Garden Reaches New 1-Year High at $9.02 (CENT)
Central Garden (NASDAQ:CENT) shares reached a new 52-week high during trading on Friday , Analyst RN reports. The company traded as high as $9.02 and last traded at $9.00, with a volume of 50,871 shares. The stock had previously closed at $8.96.
CENT has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Central Garden from an “outperform” rating to a “neutral” rating in a research note on Friday. They now have a $9.50 price target on the stock.
The stock has a 50-day moving average of $8.00 and a 200-day moving average of $7.49. The company’s market cap is $454.0 million.
Central Garden (NASDAQ:CENT) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.43 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.47 by $0.04. The company had revenue of $501.60 million for the quarter, compared to the consensus estimate of $498.50 million. During the same quarter in the prior year, the company posted $0.46 earnings per share. The company’s quarterly revenue was up .7% on a year-over-year basis. On average, analysts predict that Central Garden will post $0.29 earnings per share for the current fiscal year.
Central Garden & Pet Company (NASDAQ:CENT) is a marketer and producer of branded products.
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