Central Garden & Pet (NASDAQ:CENT – Get Free Report) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 2.700- for the period, compared to the consensus estimate of 2.740. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
Several equities research analysts have recently weighed in on the stock. Zacks Research downgraded shares of Central Garden & Pet from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 24th. Weiss Ratings reissued a “hold (c-)” rating on shares of Central Garden & Pet in a report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Central Garden & Pet presently has an average rating of “Hold” and a consensus price target of $40.00.
Check Out Our Latest Research Report on Central Garden & Pet
Central Garden & Pet Stock Down 2.7%
Central Garden & Pet (NASDAQ:CENT – Get Free Report) last released its earnings results on Monday, November 24th. The company reported ($0.09) EPS for the quarter, beating the consensus estimate of ($0.21) by $0.12. Central Garden & Pet had a net margin of 4.44% and a return on equity of 10.77%. The firm had revenue of $678.18 million for the quarter, compared to analysts’ expectations of $657.86 million. Central Garden & Pet has set its FY 2026 guidance at 2.700- EPS. On average, research analysts predict that Central Garden & Pet will post 2.38 EPS for the current fiscal year.
Institutional Trading of Central Garden & Pet
Institutional investors have recently made changes to their positions in the business. Russell Investments Group Ltd. lifted its holdings in shares of Central Garden & Pet by 632.3% during the third quarter. Russell Investments Group Ltd. now owns 974 shares of the company’s stock worth $32,000 after buying an additional 841 shares in the last quarter. Quarry LP bought a new stake in shares of Central Garden & Pet in the 3rd quarter valued at $35,000. Tower Research Capital LLC TRC grew its holdings in Central Garden & Pet by 152.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,920 shares of the company’s stock worth $68,000 after acquiring an additional 1,159 shares during the period. iSAM Funds UK Ltd acquired a new stake in Central Garden & Pet during the third quarter worth approximately $94,000. Finally, State of Wyoming bought a new stake in shares of Central Garden & Pet in the 2nd quarter valued at $223,000. Institutional investors own 16.13% of the company’s stock.
Central Garden & Pet Company Profile
Central Garden & Pet Co engages in the production and distribution of branded and private label products for the lawn, garden, and pet supplies markets. It operates through the Pet and Garden segments. The Pet segment focuses on dog and cat supplies such as dog treats and chews, toys, pet beds and containment, grooming products, waste management and training pads, supplies for aquatics, small animals, reptiles and pet birds including toys, cages and habitats, bedding, food and supplements, products for equine and livestock, animal and household health and insect control products, live fish, and small animals, as well as outdoor cushions.
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