Central Garden & Pet (NASDAQ:CENT) will announce its earnings results after the market closes on Wednesday, January 31st. Analysts expect the company to announce earnings of $0.15 per share for the quarter. Central Garden & Pet has set its FY18 guidance at +8% to ~$1.62 EPS.

Central Garden & Pet (NASDAQ:CENT) last released its quarterly earnings results on Tuesday, November 28th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). Central Garden & Pet had a net margin of 3.84% and a return on equity of 12.81%. The company had revenue of $490.46 million during the quarter, compared to the consensus estimate of $439.07 million. During the same quarter last year, the firm posted $0.13 EPS. The company’s quarterly revenue was up 18.6% on a year-over-year basis. On average, analysts expect Central Garden & Pet to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of Central Garden & Pet (NASDAQ CENT) opened at $41.00 on Monday. Central Garden & Pet has a 52-week low of $29.08 and a 52-week high of $42.29. The company has a market capitalization of $2,060.00, a PE ratio of 26.97, a price-to-earnings-growth ratio of 2.32 and a beta of 0.03. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.10 and a quick ratio of 1.37.

A number of equities research analysts have commented on the company. KeyCorp upgraded Central Garden & Pet from a “sector weight” rating to an “overweight” rating and set a $44.00 price target on the stock in a research report on Monday, January 22nd. Zacks Investment Research lowered Central Garden & Pet from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Oppenheimer reiterated a “hold” rating on shares of Central Garden & Pet in a research report on Wednesday, November 29th. BidaskClub lowered Central Garden & Pet from a “hold” rating to a “sell” rating in a research report on Saturday, January 6th. Finally, Sidoti lowered Central Garden & Pet from a “buy” rating to a “neutral” rating in a research report on Monday, October 16th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $44.00.

In other news, Director John Ranelli sold 16,189 shares of the business’s stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $38.17, for a total value of $617,934.13. Following the transaction, the director now directly owns 61,317 shares of the company’s stock, valued at approximately $2,340,469.89. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Nicholas Lahanas sold 7,119 shares of the business’s stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of $38.78, for a total value of $276,074.82. Following the completion of the transaction, the chief financial officer now directly owns 27,959 shares in the company, valued at $1,084,250.02. The disclosure for this sale can be found here. Insiders sold a total of 80,299 shares of company stock worth $3,028,258 over the last three months. 11.60% of the stock is owned by company insiders.

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Central Garden & Pet Company Profile

Central Garden & Pet Company is a marketer and producer of branded products and distributor of third party products in the pet and lawn and garden supplies industries in the United States. The Company operates in two segments: Pet segment and the Garden segment. It is a marketer and producer of pet supplies in the United States.

Earnings History for Central Garden & Pet (NASDAQ:CENT)

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