Media stories about Central Garden & Pet (NASDAQ:CENT) have trended somewhat positive on Saturday, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Central Garden & Pet earned a news impact score of 0.17 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.1530485592476 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- Active-Investors: Wired News – Central Garden & Pet Acquires Bell Nursery Holdings (finanznachrichten.de)
- Wired News – Central Garden & Pet Acquires Bell Nursery Holdings (finance.yahoo.com)
- Central Garden & Pet Widens Garden Segment, Buys Bell Nursery (finance.yahoo.com)
- Central Garden & Pet Announces Acquisition of General Pet Supply (finance.yahoo.com)
Shares of Central Garden & Pet (CENT) opened at $42.27 on Friday. Central Garden & Pet has a 52-week low of $29.08 and a 52-week high of $42.45. The firm has a market capitalization of $2,140.13, a PE ratio of 22.60, a PEG ratio of 2.18 and a beta of 0.11. The company has a current ratio of 4.42, a quick ratio of 2.46 and a debt-to-equity ratio of 1.04.
Several equities research analysts have recently weighed in on CENT shares. BidaskClub cut Central Garden & Pet from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. Zacks Investment Research upgraded Central Garden & Pet from a “hold” rating to a “buy” rating and set a $45.00 price target on the stock in a research report on Tuesday, January 30th. CL King started coverage on Central Garden & Pet in a research report on Thursday, December 7th. They set a “buy” rating and a $47.00 price target on the stock. Oppenheimer reiterated a “hold” rating on shares of Central Garden & Pet in a research report on Wednesday, November 29th. Finally, 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. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. Central Garden & Pet presently has an average rating of “Hold” and an average price target of $44.00.
In related news, CFO Nicholas Lahanas sold 1,824 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $37.87, for a total value of $69,074.88. Following the transaction, the chief financial officer now directly owns 23,358 shares in the company, valued at $884,567.46. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Howard Machek sold 6,000 shares of the company’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $38.01, for a total transaction of $228,060.00. Following the completion of the transaction, the insider now owns 14,598 shares in the company, valued at $554,869.98. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 52,589 shares of company stock worth $1,943,016. 11.60% of the stock is owned by company insiders.
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.
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