Zacks: Centric Brands Inc (CTRC) Given $7.00 Consensus Price Target by Brokerages

Centric Brands Inc (NASDAQ:CTRC) has received an average broker rating score of 1.00 (Strong Buy) from the two brokers that cover the company, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy rating.

Analysts have set a 1-year consensus target price of $7.00 for the company and are anticipating that the company will post ($0.02) EPS for the current quarter, according to Zacks. Zacks has also given Centric Brands an industry rank of 84 out of 257 based on the ratings given to related companies.

NASDAQ:CTRC opened at $5.35 on Friday. The company has a market cap of $303.92 million, a price-to-earnings ratio of -5.69 and a beta of -2.14. Centric Brands has a twelve month low of $0.70 and a twelve month high of $6.89. The company has a current ratio of 1.65, a quick ratio of 0.78 and a debt-to-equity ratio of 2.02.

About Centric Brands

Centric Brands Inc engages in the design, development, sale, and licensing of apparel products and accessories under the Robert Graham brand name worldwide. The company operates through Wholesale and Consumer Direct segments. Its product line includes men's sport shirts, knits, sweaters, polos, T-shirts, denim jeans, bottoms, shorts, sport coats, outerwear, and swimwear; shoes, belts, small leather goods, dress shirts, neckwear, tailored clothing, headwear, eye and sun glasses, jewelry, hosiery, underwear, loungewear, and fragrances for men that are produced through third parties under various license agreements; and women's apparel.

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