Central Garden’s “Neutral” Rating Reiterated at Zacks (CENT)
Central Garden (NASDAQ:CENT)‘s stock had its “neutral” rating reaffirmed by Zacks in a research note issued on Monday. They currently have a $8.85 target price on the stock. Zacks‘s price objective would indicate a potential upside of 4.98% from the stock’s previous close.
Central Garden (NASDAQ:CENT) traded up 3.20% during mid-day trading on Monday, hitting $8.70. 13,465 shares of the company’s stock traded hands. Central Garden has a 52-week low of $6.00 and a 52-week high of $10.01. The stock has a 50-day moving average of $8.84 and a 200-day moving average of $8.10. The company’s market cap is $438.7 million.
Central Garden (NASDAQ:CENT) last released its earnings data on Thursday, August 7th. The company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $0.05. The company had revenue of $438.00 million for the quarter, compared to the consensus estimate of $482.35 million. During the same quarter in the previous year, the company posted $0.28 earnings per share. The company’s revenue for the quarter was down 11.4% on a year-over-year basis. On average, analysts predict that Central Garden will post $0.22 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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