Central Garden & Pet Co (NASDAQ: CENTA) has reported E.P.S. of $0.94 for its second fiscal quarter (ending March 31) versus $0.92 for the same period a year ago — an increase of 2%. For the latest four quarters through March 31, E.P.S. were $2.25 compared to $2.14 a year ago — an increase of 5%.
Recent Price Action
Central Garden & Pet Co (NASDAQ: CENTA) stock closed at $35.94 on 5/8/24 after a slight gain of 0.2%. However, this advance was accompanied by below average trading volume at 69% of normal. Relative to the market the stock has been strong over the last nine months and has risen 1.4% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, CENTA is expected to continue to be a Value Builder.
Central Garden & Pet has a current Value Trend Rating of C (High Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Central Garden & Pet has a neutral Power Rating of 58 and a slightly positive Appreciation Score of 62, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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