Shares of Central Garden & Pet Company (NASDAQ:CENTA – Get Free Report) have earned an average recommendation of “Moderate Buy” from the six research firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $46.6667.
A number of analysts recently issued reports on CENTA shares. Wall Street Zen cut Central Garden & Pet from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. JPMorgan Chase & Co. upped their price target on Central Garden & Pet from $32.00 to $37.00 and gave the company an “underweight” rating in a research report on Thursday, July 16th. Weiss Ratings raised shares of Central Garden & Pet from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, August 4th. Canaccord Genuity Group cut their price objective on shares of Central Garden & Pet from $54.00 to $53.00 and set a “buy” rating for the company in a research report on Wednesday, June 17th. Finally, Zacks Research cut shares of Central Garden & Pet from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 14th.
Read Our Latest Report on Central Garden & Pet
Insider Buying and Selling
Institutional Investors Weigh In On Central Garden & Pet
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in Central Garden & Pet by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 5,804,612 shares of the company’s stock valued at $169,437,000 after buying an additional 20,819 shares during the period. State Street Corp increased its stake in Central Garden & Pet by 3.5% in the 2nd quarter. State Street Corp now owns 2,174,296 shares of the company’s stock worth $68,034,000 after acquiring an additional 73,755 shares during the last quarter. LSV Asset Management raised its holdings in shares of Central Garden & Pet by 53.4% in the 4th quarter. LSV Asset Management now owns 2,123,479 shares of the company’s stock valued at $61,984,000 after acquiring an additional 738,860 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Central Garden & Pet by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 1,038,370 shares of the company’s stock valued at $30,317,000 after acquiring an additional 17,263 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in shares of Central Garden & Pet by 5.0% during the 1st quarter. The Manufacturers Life Insurance Company now owns 1,012,360 shares of the company’s stock valued at $32,821,000 after acquiring an additional 47,980 shares during the last quarter. Hedge funds and other institutional investors own 50.82% of the company’s stock.
Central Garden & Pet Trading Down 0.7%
Shares of CENTA stock opened at $38.57 on Friday. The company’s fifty day simple moving average is $38.05 and its two-hundred day simple moving average is $34.96. The company has a debt-to-equity ratio of 0.68, a current ratio of 3.79 and a quick ratio of 2.67. Central Garden & Pet has a 1 year low of $25.97 and a 1 year high of $40.79. The stock has a market capitalization of $2.41 billion, a price-to-earnings ratio of 14.39 and a beta of 0.59.
Central Garden & Pet (NASDAQ:CENTA – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $1.54 EPS for the quarter, topping analysts’ consensus estimates of $1.51 by $0.03. The firm had revenue of $882.36 million during the quarter, compared to analyst estimates of $882.96 million. Central Garden & Pet had a return on equity of 11.13% and a net margin of 5.39%.Central Garden & Pet has set its FY 2026 guidance at 2.850- EPS. As a group, analysts anticipate that Central Garden & Pet will post 3 earnings per share for the current year.
Central Garden & Pet Company Profile
Central Garden & Pet Co is a leading producer, marketer and distributor of branded consumable gardening products and pet supplies in North America. Headquartered in Walnut Creek, California, the company serves both retail and wholesale customers through a network of distribution centers across the United States and Canada. Operating under the ticker symbol CENTA on the NASDAQ exchange, Central Garden & Pet has been publicly traded since 2003.
The company’s Garden segment offers a broad portfolio of lawn and garden care solutions, including fertilizers, weed and pest control products, soil and mulch, and plant care accessories.
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