Central Garden & Pet (NASDAQ:CENTA) Updates FY 2026 Earnings Guidance

Central Garden & Pet (NASDAQ:CENTA) updated its FY 2026 earnings guidance on Monday. The company provided EPS guidance of 2.700- for the period, compared to the consensus EPS estimate of 2.740. The company issued revenue guidance of -.

Central Garden & Pet Trading Down 2.2%

Central Garden & Pet stock traded down $0.65 during midday trading on Monday, reaching $28.59. 560,911 shares of the stock traded hands, compared to its average volume of 366,855. The firm has a market cap of $1.80 billion, a PE ratio of 13.00 and a beta of 0.63. The company has a current ratio of 3.56, a quick ratio of 2.28 and a debt-to-equity ratio of 0.75. The company has a 50-day simple moving average of $28.80 and a two-hundred day simple moving average of $31.39. Central Garden & Pet has a 12-month low of $25.97 and a 12-month high of $37.35.

Central Garden & Pet (NASDAQ:CENTA) last issued its quarterly earnings results on Monday, November 24th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping 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%. Central Garden & Pet has set its FY 2026 guidance at 2.700- EPS. Research analysts expect that Central Garden & Pet will post 2.38 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on CENTA. Zacks Research cut shares of Central Garden & Pet from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 24th. JPMorgan Chase & Co. decreased their target price on Central Garden & Pet from $35.00 to $30.00 and set a “neutral” rating for the company in a report on Thursday, October 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Central Garden & Pet in a research note on Thursday, October 30th. Wall Street Zen downgraded Central Garden & Pet from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 8th. Finally, Canaccord Genuity Group lifted their price objective on Central Garden & Pet from $45.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, August 7th. One analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $38.33.

Institutional Investors Weigh In On Central Garden & Pet

Several institutional investors have recently added to or reduced their stakes in the business. CIBC Bancorp USA Inc. purchased a new position in Central Garden & Pet in the third quarter valued at approximately $516,000. Advisory Services Network LLC acquired a new position in shares of Central Garden & Pet in the 3rd quarter valued at $29,000. Polymer Capital Management US LLC purchased a new position in shares of Central Garden & Pet in the 3rd quarter valued at $281,000. Qube Research & Technologies Ltd grew its position in shares of Central Garden & Pet by 52.8% in the 3rd quarter. Qube Research & Technologies Ltd now owns 391,758 shares of the company’s stock valued at $11,569,000 after buying an additional 135,340 shares during the last quarter. Finally, Prelude Capital Management LLC acquired a new stake in Central Garden & Pet during the 3rd quarter worth $269,000. Hedge funds and other institutional investors own 50.82% 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.