Central Garden & Pet Company (NASDAQ:CENT – Get Free Report) insider John Walker III sold 5,000 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $38.50, for a total transaction of $192,500.00. Following the transaction, the insider owned 64,679 shares in the company, valued at $2,490,141.50. This represents a 7.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Central Garden & Pet Stock Performance
Shares of CENT stock opened at $44.44 on Friday. The company has a 50 day moving average price of $43.43 and a 200-day moving average price of $39.51. Central Garden & Pet Company has a 52 week low of $28.77 and a 52 week high of $46.97. The firm has a market capitalization of $2.78 billion, a PE ratio of 16.58 and a beta of 0.61. The company has a quick ratio of 2.67, a current ratio of 3.79 and a debt-to-equity ratio of 0.68.
Central Garden & Pet (NASDAQ:CENT – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $1.54 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.01. Central Garden & Pet had a net margin of 5.39% and a return on equity of 11.13%. The company had revenue of $883.72 million for the quarter, compared to the consensus estimate of $882.96 million. During the same quarter in the prior year, the firm earned $1.56 earnings per share. The firm’s revenue for the quarter was down 8.2% compared to the same quarter last year. Central Garden & Pet has set its FY 2026 guidance at 2.850- EPS. As a group, equities research analysts expect that Central Garden & Pet Company will post 3 earnings per share for the current year.
Institutional Inflows and Outflows
Wall Street Analysts Forecast Growth
A number of research firms have recently issued reports on CENT. Weiss Ratings upgraded Central Garden & Pet from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, August 4th. Zacks Research downgraded Central Garden & Pet from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th. Finally, Canaccord Genuity Group increased their target price on Central Garden & Pet from $51.00 to $54.00 and gave the company a “buy” rating in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $54.00.
Get Our Latest Stock Report on Central Garden & Pet
Central Garden & Pet Company Profile
Central Garden & Pet (NASDAQ: CENT) is a leading North American specialty retailer, manufacturer and distributor serving the lawn and garden and pet supplies markets. The company operates through two primary segments: Pet and Garden. In the Pet segment, Central Garden & Pet offers a comprehensive range of products including pet food, treats, accessories, training products and habitat solutions for dogs, cats, birds, fish and small animals. The Garden segment encompasses a wide array of lawn, garden and outdoor living products, such as soils, fertilizers, planters, pest control solutions, landscape lighting and watering equipment.
Central Garden & Pet’s product portfolio includes both proprietary and branded offerings.
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