Central Garden & Pet: Its Latest Surge Seems Overdone (Rating Downgrade) [Seeking Alpha]
Central Garden & Pet Company - Class A Nonvoting (CENTA)
US:NASDAQ Investor Relations:
central.com
Company Research
Source: Seeking Alpha
The company achieved an 80 basis point gross margin expansion and entered positive earnings-per-share territory. Moreover, the company added valuable liquidity to its balance sheet. Central Garden & Pet's online sales now account for 29% of its revenue mix, and there is potential for further margin expansion. Despite the positives, key metrics suggest Central Garden & Pet is priced in. Additionally, the stock usually underperforms in the summer months. Downgraded to Hold. This article revises Central Garden & Pet Company's ( CENT prospects. Central Garden & Pet is a North American distributor of garden & pet products undergoing significant structural change amid the repositioning of its supply chain and a systematic shift in inflation. Our latest analysis of Central Garden & Pet's stock took place in November last year. Based on better profit estimates, we assigned it a strong buy rating. Fortunately, our prediction worked out well, as Central Garden & Pet's stock has risen
Show less
Read more
Impact Snapshot
Event Time:
CENTA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CENTA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CENTA alerts
High impacting Central Garden & Pet Company - Class A Nonvoting news events
Weekly update
A roundup of the hottest topics
CENTA
News
- Central Garden (CENT) Earnings Expected to Grow: What to Know Ahead of Q2 Release [Yahoo! Finance]Yahoo! Finance
- Central Garden & Pet (NASDAQ: CENTA) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Why Central Garden & Pet (CENTA) Stock Might be a Great Pick [Yahoo! Finance]Yahoo! Finance
- Central Garden & Pet (CENT) Rides on Multi-Faceted Strategy [Yahoo! Finance]Yahoo! Finance
- Find Top-Ranked Stocks to Buy in April and Beyond [Yahoo! Finance]Yahoo! Finance
CENTA
Earnings
- 2/7/24 - Beat
CENTA
Analyst Actions
- 2/8/24 - JP Morgan