Central Garden & Pet (CENTA) Projected to Post Quarterly Earnings on Wednesday

Central Garden & Pet (NASDAQ:CENTA - Get Free Report) is expected to announce its earnings results after the market closes on Wednesday, May 7th. Analysts expect the company to announce earnings of $0.95 per share and revenue of $876.36 million for the quarter. Central Garden & Pet has set its FY 2025 guidance at 2.200- EPS.

Central Garden & Pet (NASDAQ:CENTA - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.21 EPS for the quarter, beating analysts' consensus estimates of ($0.03) by $0.24. Central Garden & Pet had a net margin of 3.77% and a return on equity of 10.08%. On average, analysts expect Central Garden & Pet to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Central Garden & Pet Stock Down 1.0 %

CENTA stock traded down $0.32 during trading on Tuesday, reaching $30.69. 157,716 shares of the stock were exchanged, compared to its average volume of 313,377. The company has a current ratio of 3.47, a quick ratio of 1.97 and a debt-to-equity ratio of 0.78. Central Garden & Pet has a twelve month low of $27.70 and a twelve month high of $41.03. The firm has a market cap of $2.01 billion, a P/E ratio of 16.90 and a beta of 0.75. The firm's 50 day moving average is $31.42 and its 200 day moving average is $31.92.

Insider Transactions at Central Garden & Pet

In other news, insider John D. Walker III sold 10,000 shares of the firm's stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $32.86, for a total value of $328,600.00. Following the transaction, the insider now owns 67,111 shares in the company, valued at $2,205,267.46. This trade represents a 12.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 20.28% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on CENTA shares. Truist Financial reaffirmed a "hold" rating and set a $35.00 target price (down previously from $40.00) on shares of Central Garden & Pet in a report on Wednesday, April 30th. StockNews.com raised Central Garden & Pet from a "hold" rating to a "buy" rating in a research note on Thursday, February 6th. JPMorgan Chase & Co. reduced their price target on Central Garden & Pet from $34.00 to $31.00 and set a "neutral" rating on the stock in a research note on Friday, April 11th. Finally, Argus downgraded shares of Central Garden & Pet from a "buy" rating to a "hold" rating in a research report on Tuesday, January 7th. Three analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Central Garden & Pet presently has a consensus rating of "Moderate Buy" and an average price target of $36.00.

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.