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SunTrust Robinson Sticks to Their Hold Rating for Central Garden & Pet

Investing.com
·1-min read


SunTrust Robinson analyst William Chappell maintained a Hold rating on Central Garden & Pet on Thursday, setting a price target of $35, which is approximately 2.59% below the present share price of $35.93.

Chappell expects Central Garden & Pet to post earnings per share (EPS) of $0.79 for the second quarter of 2020.

The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Central Garden Pet (NASDAQ:CENT), with an average price target of $35.
The analysts price targets range from a high of $35 to a low of $35.

In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $703.23 million and a net profit of $66.11 million. The company's market cap is $1.89 billion.

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According to TipRanks.com, SunTrust Robinson analyst William Chappell is a 5-star analyst with an average return of 10.6% and a 62.9% success rate.

Central Garden & Pet Co. engages in the innovation, production, and distribution of branded private label products for the lawn and garden and pet supplies markets. It operates through Pet and Garden segments. The Pet segment consists of Four Paws Products, TFH Publications, Kaytee, Aquatics, Interpet, Pets International, Breeder's Choice, and Life Sciences. The Garden segment consists of Pennington Seed, Matthews Four Seasons, Grant's, AMBRANDS, Lilly Miller, the Pottery Group, Gulfstream, and GKI/Bethlehem Lighting. The company was founded by William E. Brown in 1980 and is headquartered in Walnut Creek, CA.