Wall Street analysts expect Central Garden & Pet (NASDAQ:CENTA – Get Rating) to post sales of $935.14 million for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Central Garden & Pet’s earnings, with estimates ranging from $921.50 million to $955.50 million. Central Garden & Pet reported sales of $935.25 million in the same quarter last year, which would suggest a negative year over year growth rate of 0%. The business is scheduled to issue its next earnings results after the market closes on Monday, January 1st.
According to Zacks, analysts expect that Central Garden & Pet will report full year sales of $3.46 billion for the current financial year, with estimates ranging from $3.42 billion to $3.49 billion. For the next fiscal year, analysts expect that the business will post sales of $3.56 billion, with estimates ranging from $3.51 billion to $3.59 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Central Garden & Pet.
Central Garden & Pet (NASDAQ:CENTA – Get Rating) last announced its earnings results on Wednesday, February 2nd. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.15. Central Garden & Pet had a net margin of 4.60% and a return on equity of 12.78%. The firm had revenue of $661.40 million for the quarter, compared to analysts’ expectations of $619.66 million. During the same period in the prior year, the company earned $0.28 EPS.
Large investors have recently bought and sold shares of the business. Commerce Bank grew its stake in shares of Central Garden & Pet by 1.6% in the third quarter. Commerce Bank now owns 15,321 shares of the company’s stock worth $659,000 after purchasing an additional 246 shares in the last quarter. Maryland State Retirement & Pension System lifted its stake in shares of Central Garden & Pet by 1.9% in the fourth quarter. Maryland State Retirement & Pension System now owns 16,011 shares of the company’s stock worth $766,000 after buying an additional 295 shares during the last quarter. Stifel Financial Corp grew its holdings in Central Garden & Pet by 5.3% in the 4th quarter. Stifel Financial Corp now owns 6,230 shares of the company’s stock valued at $298,000 after buying an additional 315 shares during the last quarter. First Republic Investment Management Inc. lifted its stake in shares of Central Garden & Pet by 5.9% in the third quarter. First Republic Investment Management Inc. now owns 8,227 shares of the company’s stock valued at $354,000 after buying an additional 461 shares during the period. Finally, First Quadrant L P CA boosted its position in shares of Central Garden & Pet by 1.4% during the 4th quarter. First Quadrant L P CA now owns 37,195 shares of the company’s stock valued at $1,780,000 after acquiring an additional 500 shares in the last quarter. 71.03% of the stock is owned by institutional investors.
Shares of Central Garden & Pet stock opened at $41.90 on Friday. The stock has a market cap of $2.31 billion, a price-to-earnings ratio of 15.02 and a beta of 0.62. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.98 and a quick ratio of 1.34. The firm’s 50-day moving average is $42.15 and its two-hundred day moving average is $44.33. Central Garden & Pet has a 1 year low of $39.30 and a 1 year high of $55.82.
Central Garden & Pet Company Profile (Get Rating)
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 grooming products, waste management and training pads, and pet containment; supplies for aquatics, small animals, reptiles, and pet birds, including toys, cages and habitats, bedding, and food and supplements; animal and household health and insect control products; live fish and products for fish, reptiles, and other aquarium-based pets, such as aquariums, furniture and lighting fixtures, pumps, filters, water conditioners, food, and supplements; and products for horses and livestock, as well as outdoor cushions and pillows.
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