NASDAQ:CENT

Central Garden & Pet (CENT) Stock Forecast, Price & News

$45.15

-1.13 (-2.44%)

(As of 12:03 PM ET)

Compare

Today's Range: $45.06
▼
$46.03
50-Day Range: $40.05
▼
$47.19
52-Week Range: $35.60
▼
$48.47

Volume: 19,321 shs
Average Volume: 48,216 shs
Market Capitalization: $2.42 billion

P/E Ratio: 19.98
Dividend Yield: N/A
Price Target: $50.00

Central Garden & Pet MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 8.0% Upside
$50.00 Price Target
Short Interest: Bearish
3.12% of Float Sold Short
Dividend Strength: N/A
Sustainability: -3.45
Upright™ Environmental Score
News Sentiment: 0.18
Based on 12 Articles This Week
Insider Trading: Selling Shares
$2.15 M Sold Last Quarter
Proj. Earnings Growth: 8.49%
From $2.59 to $2.81 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.52 out of 5 stars

Consumer Discretionary Sector

258th out of 274 stocks

Miscellaneous Nondurable Goods Industry

3rd out of 3 stocks

1.5

Analyst's Opinion

Consensus Rating
Central Garden & Pet has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $50.00, Central Garden & Pet has a forecasted upside of 8.0% from its current price of $46.28.
Amount of Analyst Coverage
Central Garden & Pet has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.12% of the float of Central Garden & Pet has been sold short.
Short Interest Ratio / Days to Cover
Central Garden & Pet has a short interest ratio ("days to cover") of 7.1.
Change versus previous month
Short interest in Central Garden & Pet has recently increased by 9.39%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Central Garden & Pet does not currently pay a dividend.
Dividend Growth
Central Garden & Pet does not have a long track record of dividend growth.

1.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Central Garden & Pet has received a -10.14% net impact score from Upright. The largest negative impact of Central Garden & Pet in category "GHG emissions" seems to be driven mostly by its "Pet food", "Fertilizers", "Dog grooming services", "Pet ear cleaning solution", "Pet toys", and "Pet shampoo" products. See details.
Environmental Sustainability
The Environmental Impact score for Central Garden & Pet is -3.45.

2.3

News and Social Media Coverage

News Sentiment
Central Garden & Pet has a news sentiment score of 0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for Central Garden & Pet this week, compared to 5 articles on an average week.
MarketBeat Follows
1 people have added Central Garden & Pet to their MarketBeat watchlist in the last 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Central Garden & Pet insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,151,777.00 in company stock.
Percentage Held by Insiders
Only 9.98% of the stock of Central Garden & Pet is held by insiders.
Percentage Held by Institutions
Only 17.74% of the stock of Central Garden & Pet is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Central Garden & Pet are expected to grow by 8.49% in the coming year, from $2.59 to $2.81 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Central Garden & Pet is 20.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.40.
Price to Earnings Ratio vs. Sector
The P/E ratio of Central Garden & Pet is 20.48, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.32.
Price to Book Value per Share Ratio
Central Garden & Pet has a P/B Ratio of 1.89. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Central Garden & Pet (NASDAQ:CENT) Stock

Central Garden & Pet Company produces and distributes various products for the lawn and garden, and pet supplies markets in the United States. It operates through two segments, Pet and Garden. The Pet segment provides dog and cat supplies, such as dog treats and chews, toys, pet beds and grooming products, waste management and training pads, and pet containment; supplies for aquatics, small animals, reptiles, and pet birds, including toys, cages and habitats, bedding, and food and supplements; animal and household health and insect control products; live fish and products for fish, reptiles, and other aquarium-based pets, such as aquariums, furniture and lighting fixtures, pumps, filters, water conditioners, food, and supplements; and products for equine and livestock, as well as outdoor cushions. This segment sells its products under the Aqueon, Cadet, Comfort Zone, Farnam, Four Paws, Kaytee, K&H Pet Products, Nylabone, and Zilla brands. The Garden segment offers lawn and garden supplies products that include grass seed; vegetable; flower and herb packet seed; wild bird feed, bird feeders, bird houses, and other birding accessories; fertilizers; decorative outdoor lifestyle products; live plants; and weed and grass, as well as other herbicides, insecticide, and pesticide products. This segment sells its lawn and garden supplies products under the AMDRO, Ferry-Morse, IMAGE, and Sevin brands, as well as under Bell Nursery, Lilly Miller, and Over-N-Out other brand names. Central Garden & Pet Company was founded in 1955 and is based in Walnut Creek, California.

CENT Price History

30 days | 90 days | 365 days | Advanced Chart

CENT Stock News Headlines

September 23, 2023 | americanbankingnews.com

Truist Financial Reiterates "Buy" Rating for Central Garden & Pet (NASDAQ:CENT)

September 22, 2023 | msn.com

Pekin-based animal shelter says there’s a ‘proper way to surrender’ your pet

September 26, 2023 | Micro-Cap Stock Trader (Ad)

U.S. drive to onshore battery supply chains could create big winners in lithium

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

September 22, 2023 | msn.com

Truist Securities Reiterates Central Garden & Pet (CENT) Buy Recommendation

September 21, 2023 | bizjournals.com

Daily Digest: Splunk bought for big price tag; Central Garden & Pet CEO leaves for Dr Pepper

September 20, 2023 | msn.com

Keurig Dr Pepper names former Mondelez executive Tim Cofer as CEO

September 20, 2023 | seekingalpha.com

Central Garden & Pet announces departure of chief executive officer Tim Cofer

September 20, 2023 | marketwatch.com

Central Garden & Pet Names Beth Springer Interim CEO

September 26, 2023 | Micro-Cap Stock Trader (Ad)

U.S. drive to onshore battery supply chains could create big winners in lithium

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

September 20, 2023 | finance.yahoo.com

Central Garden & Pet Announces Appointment of Lead Independent Director, Beth Springer, as Interim Chief Executive Officer

September 19, 2023 | news.yahoo.com

Zen garden, coworking, pet spa: What the latest Cary apartments with perks will cost you

September 18, 2023 | msn.com

New England Botanic Garden offers fall planting tips for a spectacular home garden.

September 18, 2023 | msn.com

20 fun and free things to do in and around Milwaukee this fall

September 17, 2023 | omaha.com

Reminisce on a doggone good cause

September 17, 2023 | americanbankingnews.com

Central Garden & Pet (NASDAQ:CENT) Sees Unusually-High Trading Volume

September 16, 2023 | yahoo.com

Service dog J.D. brightens every day at this Central Mass. high school

September 15, 2023 | finance.yahoo.com

Unveiling Central Garden & Pet Co (CENT)'s Value: Is It Really Priced Right? A ...

September 13, 2023 | bizjournals.com

September 3, 2023 | msn.com

Queen Elizabeth II commemorated with parade of beloved corgis a year since her death

September 1, 2023 | finance.yahoo.com

Is Central Garden & Pet (CENTA) Stock Outpacing Its Consumer Discretionary Peers This Year?

September 1, 2023 | finance.yahoo.com

Central Garden (CENT) Down 4.7% Since Last Earnings Report: Can It Rebound?

September 1, 2023 | msn.com

Flags, songs mark opening of newest Cleveland Cultural Garden - Pakistani Cultural Garden

August 31, 2023 | latimes.com

‘Despair solves nothing’: How pilots in tiny planes are saving dogs from death

August 29, 2023 | markets.businessinsider.com

Truist Financial Reaffirms Their Buy Rating on Central Garden Pet (CENT)

August 28, 2023 | msn.com

Tracking Idalia: These Central Florida school districts are closing ahead of the storm

August 25, 2023 | msn.com

‘Large cats’ spotted in central Pa. aren’t wild after all: Game Commission

August 25, 2023 | msn.com

National Dog Day in Orlando: Celebrate with pet-friendly outings

See More Headlines

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CENT Company Calendar

Last Earnings: 8/02/2023
Today: 9/26/2023
Fiscal Year End: 9/30/2023
Next Earnings (Estimated): 11/20/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Miscellaneous nondurable goods
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: NASDAQ:CENT
CUSIP: N/A
CIK: 887733
Web: www.central.com
Phone: (925) 948-4000
Fax: 302-636-5454
Employees: 7,000
Year Founded: 1980

Price Target and Rating

Average Stock Price Forecast: $50.00
High Stock Price Forecast: $50.00
Low Stock Price Forecast: $50.00
Forecasted Upside/Downside: +8.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.26
Trailing P/E Ratio: 20.48
Forward P/E Ratio: 17.87
P/E Growth: N/A
Net Income: $152.15 million
Net Margins: 3.70%
Pretax Margin: 4.88%
Return on Equity: 9.59%
Return on Assets: 3.96%

Debt

Debt-to-Equity Ratio: 0.82
Current Ratio: 3.51
Quick Ratio: 1.77

Sales & Book Value

Annual Sales: $3.34 billion
Price / Sales: 0.74
Cash Flow: $4.30 per share
Price / Cash Flow: 10.77
Book Value: $24.55 per share
Price / Book: 1.89

Miscellaneous

Outstanding Shares: 53,680,000
Free Float: 48,319,000
Market Cap: $2.48 billion
Optionable: Optionable
Beta: 0.71

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Key Executives

Mr. Timothy P. Cofer (Age 54)
CEO & Director
Comp: $3.43M

Mr. Nicholas Lahanas (Age 54)
Sr. VP & CFO
Comp: $489.09k

Mr. John D. Walker III (Age 65)
Pres of Garden Consumer Products
Comp: $563.62k

Mr. John Edward Hanson (Age 58)
Pres of Pet Consumer Products
Comp: $613.83k

Mr. Howard A. Machek (Age 60)
Sr. VP & Chief Accounting Officer

Mr. Chris Walter
Sr. VP & Chief Information Officer

Ms. Friederike Edelmann
VP of Investor Relations

Ms. Joyce McCarthy (Age 54)
Gen. Counsel & Corp. Sec.

Mr. Mike McGoohan
Chief Marketing Officer

Mr. Ken Elsbury
Chief People Officer & Life Sciences Lead

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CENT Stock - Frequently Asked Questions

Should I buy or sell Central Garden & Pet stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Central Garden & Pet in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CENT shares.
View CENT analyst ratings or view top-rated stocks.
What is Central Garden & Pet's stock price forecast for 2023?: 1 Wall Street analysts have issued 1 year target prices for Central Garden & Pet's stock. Their CENT share price forecasts range from $50.00 to $50.00. On average, they expect the company's share price to reach $50.00 in the next year. This suggests a possible upside of 8.0% from the stock's current price.
View analysts price targets for CENT or view top-rated stocks among Wall Street analysts.
How have CENT shares performed in 2023?: Central Garden & Pet's stock was trading at $37.45 on January 1st, 2023. Since then, CENT stock has increased by 23.6% and is now trading at $46.28.
View the best growth stocks for 2023 here.
Are investors shorting Central Garden & Pet?: Central Garden & Pet saw a increase in short interest in August. As of August 31st, there was short interest totaling 287,800 shares, an increase of 9.4% from the August 15th total of 263,100 shares. Based on an average daily trading volume, of 40,800 shares, the days-to-cover ratio is presently 7.1 days. Currently, 3.1% of the shares of the company are short sold.
View Central Garden & Pet's Short Interest.
When is Central Garden & Pet's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 20th 2023.
View our CENT earnings forecast.
How were Central Garden & Pet's earnings last quarter?: Central Garden & Pet (NASDAQ:CENT) released its earnings results on Wednesday, August, 2nd. The company reported $1.75 EPS for the quarter, topping analysts' consensus estimates of $1.45 by $0.30. The business earned $1.02 billion during the quarter, compared to analyst estimates of $1.03 billion. Central Garden & Pet had a trailing twelve-month return on equity of 9.59% and a net margin of 3.70%.
What ETFs hold Central Garden & Pet's stock?: ETFs with the largest weight of Central Garden & Pet (NASDAQ:CENT) stock in their portfolio include ProShares Pet Care ETF (PAWZ).Invesco S&P SmallCap Consumer Staples ETF (PSCC).
What guidance has Central Garden & Pet issued on next quarter's earnings?: Central Garden & Pet updated its FY 2023 earnings guidance on Thursday, September, 21st. The company provided earnings per share guidance of $2.55- for the period, compared to the consensus estimate of $2.58. The company issued revenue guidance of -.

What other stocks do shareholders of Central Garden & Pet own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Central Garden & Pet investors own include Skechers U.S.A. (SKX), General Electric (GE), Scotts Miracle-Gro (SMG), Zoetis (ZTS), Bunge (BG), Brinker International (EAT), Kroger (KR), Pfizer (PFE), Domtar (UFS) and Verizon Communications (VZ).
What is Central Garden & Pet's stock symbol?: Central Garden & Pet trades on the NASDAQ under the ticker symbol "CENT."
Who are Central Garden & Pet's major shareholders?: Central Garden & Pet's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (2.99%), Allspring Global Investments Holdings LLC (1.78%), Allspring Global Investments Holdings LLC (1.78%), Dimensional Fund Advisors LP (1.43%), State Street Corp (0.70%) and Renaissance Technologies LLC (0.43%). Insiders that own company stock include Brooks Pennington III, Daniel P Myers, George A Yuhas, Howard Machek, John D Walker III, John D Walker III, John Edward Hanson, John Ranelli, Nicholas Lahanas and William E Brown.
View institutional ownership trends.
How do I buy shares of Central Garden & Pet?: Shares of CENT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Central Garden & Pet's stock price today?: One share of CENT stock can currently be purchased for approximately $46.28.
How much money does Central Garden & Pet make?: Central Garden & Pet (NASDAQ:CENT) has a market capitalization of $2.48 billion and generates $3.34 billion in revenue each year. The company earns $152.15 million in net income (profit) each year or $2.26 on an earnings per share basis.
How many employees does Central Garden & Pet have?: The company employs 7,000 workers across the globe.
Does Central Garden & Pet have any subsidiaries?: The following companies are subsidiares of Central Garden & Pet: Green Garden.
Read More
How can I contact Central Garden & Pet?: Central Garden & Pet's mailing address is 1340 TREAT BOULEVARD SUITE 600, WALNUT CREEK CA, 94597. The official website for the company is www.central.com. The company can be reached via phone at (925) 948-4000, via email at fedelmann@central.com, or via fax at 302-636-5454.

This page (NASDAQ:CENT) was last updated on 9/26/2023 by MarketBeat.com Staff

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