Central Garden & Pet Co (NASDAQ: CENTA) has reported E.P.S. of $1.21 for its third fiscal quarter (ending June 30) versus $1.58 for the same period a year ago — a decline of -23%. Relative to the consensus estimate of $1.21, this was a premium of $0.00. For the latest four quarters through June 30, E.P.S. were $2.21 compared to $2.30 a year ago — a decline of -4%.
Recent Price Action
Central Garden & Pet Co (NASDAQ: CENTA) stock closed at $32.70 on 8/7/24 after a modest decline of -1.1%. Trading volume in this decline was normal. The stock has declined -4.7% during the last week and has performed in line with the market over the last nine months.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Central Garden & Pet has a neutral Power Rating of 51 and a slightly positive Appreciation Score of 68, producing 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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