Should I buy or sell Central Garden & Pet stock right now?

1 Wall Street research 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 research 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 target for 2024?

1 brokerages have issued twelve-month target prices for Central Garden & Pet's stock. Their CENT share price targets range from $50.00 to $50.00. On average, they expect the company's stock price to reach $50.00 in the next twelve months. This suggests a possible upside of 23.2% 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 at the beginning of the year. Since then, CENT shares have increased by 8.4% and is now trading at $40.58. View the best growth stocks for 2023 here .

When is Central Garden & Pet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 30th 2024. View our CENT earnings forecast .

How were Central Garden & Pet's earnings last quarter?

Central Garden & Pet (NASDAQ:CENT) released its quarterly earnings data on Monday, November, 20th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.08 by $0.02. The business had revenue of $750.15 million for the quarter, compared to analysts' expectations of $731.81 million. Central Garden & Pet had a net margin of 3.80% and a trailing twelve-month return on equity of 9.93%. During the same period in the previous year, the company posted ($0.04) earnings per share.

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 EPS guidance of $2.55- for the period, compared to the consensus EPS 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 Global (BG) , Brinker International (EAT) , Kroger (KR) , Pfizer (PFE) , Domtar (UFS) and Verizon Communications (VZ) .

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 investors include Allspring Global Investments Holdings LLC (1.80%), Morgan Stanley (1.21%), Northern Trust Corp (0.31%), Bank of New York Mellon Corp (0.16%), Invesco Ltd. (0.15%) and Charles Schwab Investment Management Inc. (0.15%). 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 .

Does Central Garden & Pet have any subsidiaries?

The following companies are subsidiares of Central Garden & Pet: Green Garden. Read More

Central Garden & Pet Stock Price, News & Analysis (NASDAQ:CENT)

$41.80

+1.22 (+3.01%)

(As of 11:50 AM ET)

Compare

Today's Range: $40.42
▼
$41.80
50-Day Range: $39.19
▼
$46.69
52-Week Range: $35.60
▼
$48.47

Volume: 26,892 shs
Average Volume: 50,137 shs
Market Capitalization: $2.24 billion

P/E Ratio: 17.79
Dividend Yield: N/A
Price Target: $50.00

Central Garden & Pet MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 23.2% Upside
$50.00 Price Target
Short Interest: Bearish
6.37% of Float Sold Short
Dividend Strength: N/A
Sustainability: -3.45
Upright™ Environmental Score
News Sentiment: 0.95
Based on 6 Articles This Week
Insider Trading: Selling Shares
$101,416 Sold Last Quarter
Proj. Earnings Growth: 9.06%
From $2.54 to $2.77 Per Share

Overall MarketRank^™

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

1.86 out of 5 stars

Consumer Discretionary Sector

192nd out of 279 stocks

Miscellaneous Nondurable Goods Industry

2nd out of 4 stocks

2.5

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 23.2% from its current price of $40.58.
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
6.37% 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 8.1.
Change versus previous month
Short interest in Central Garden & Pet has recently decreased by 3.39%, indicating that investor sentiment is improving.

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.

2.8

News and Social Media Coverage

News Sentiment
Central Garden & Pet has a news sentiment score of 0.95. 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 higher news sentiment than the 0.58 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Central Garden & Pet this week, compared to 5 articles on an average week.
MarketBeat Follows
Only 1 people have added Central Garden & Pet to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 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 $101,416.00 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 9.06% in the coming year, from $2.54 to $2.77 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Central Garden & Pet is 17.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.03.
Price to Earnings Ratio vs. Sector
The P/E ratio of Central Garden & Pet is 17.27, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.41.
Price to Book Value per Share Ratio
Central Garden & Pet has a P/B Ratio of 1.50. 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 Stock (NASDAQ:CENT)

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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CENT Stock News Headlines

December 1, 2023 | finance.yahoo.com

Central Garden & Pet Company: Looking for more favorable entry point

November 30, 2023 | seekingalpha.com

Central Garden & Pet: Strong Buy Maintained On Better Profit Estimates For 2024

December 1, 2023 | DTI Trader (Ad)

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November 24, 2023 | msn.com

Central Garden & Pet (CENT) Displays Solid Prospects Amid Risks

November 24, 2023 | americanbankingnews.com

Central Garden & Pet to Post Q1 2024 Earnings of ($0.20) Per Share, KeyCorp Forecasts (NASDAQ:CENT)

November 23, 2023 | seekingalpha.com

Central Garden & Pet Company (CENT) Q4 2023 Earnings Call Transcript

November 23, 2023 | americanbankingnews.com

Central Garden & Pet to Post Q2 2024 Earnings of $1.00 Per Share, KeyCorp Forecasts (NASDAQ:CENT)

November 22, 2023 | americanbankingnews.com

Central Garden & Pet (NASDAQ:CENT) Sees Unusually-High Trading Volume on Better-Than-Expected Earnings

December 1, 2023 | Wealthpress (Ad)

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Central Garden & Pet Company (NASDAQ:CENT) Q4 2023 Earnings Call Transcript

November 20, 2023 | msn.com

Central Garden & Pet Non-GAAP EPS of $0.10 beats by $0.04, revenue of $750.15M beats by $15.07M

November 18, 2023 | msn.com

November 17, 2023 | uk.style.yahoo.com

11 Central: What to expect from the new Seven Bro7hers bar at Salford Quays - first look inside

November 15, 2023 | finance.yahoo.com

Are Investors Undervaluing Central Garden & Pet (CENT) Right Now?

November 15, 2023 | finance.yahoo.com

Central Garden & Pet to Announce Fourth Quarter and Fiscal Year 2023 Financial Results

November 13, 2023 | finance.yahoo.com

Central Garden (CENTA) Earnings Expected to Grow: What to Know Ahead of Q4 Release

November 7, 2023 | msn.com

Exonerated ‘Central Park Five’ member set to win New York City Council seat

November 6, 2023 | msn.com

Knightsbridge bankers at war over 1-metre square utility cupboard in communal garden

November 3, 2023 | marketwatch.com

Central Garden & Pet Acquires Dog Treat Co. TDBBS

November 3, 2023 | finance.yahoo.com

Central Garden & Pet Acquires Pet Treat Company TDBBS

November 3, 2023 | msn.com

Trash to Treasure: Fig Garden Woman’s Club hosting rummage sale

October 31, 2023 | uk.style.yahoo.com

Central Foods helps entertainment venue with seat refurbishment

October 30, 2023 | ca.finance.yahoo.com

Central Kentucky could see frost Monday night. Here’s a checklist for prepping your home

October 30, 2023 | uk.style.yahoo.com

Barbie And Ken Storm Into Brits' Top Ten Pet Halloween Costumes

October 26, 2023 | nytimes.com

A Central Park Garden, Renewed

October 26, 2023 | msn.com

Mid-State on Central to offer giveaways throughout November

October 25, 2023 | msn.com

Lan Su Chinese Garden celebrates 35 years of Suzhou sister city partnership

See More Headlines

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Company Calendar

Last Earnings: 11/20/2023
Today: 12/01/2023
Next Earnings (Estimated): 1/30/2024
Fiscal Year End: 9/30/2024

Get Stock Alerts

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 Target: $50.00
High Stock Price Target: $50.00
Low Stock Price Target: $50.00
Potential Upside/Downside: +23.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.35
Trailing P/E Ratio: 17.27
Forward P/E Ratio: 15.98
P/E Growth: N/A
Net Income: $125.64 million
Net Margins: 3.80%
Pretax Margin: 4.91%
Return on Equity: 9.93%
Return on Assets: 4.15%

Debt

Debt-to-Equity Ratio: 0.82
Current Ratio: 3.73
Quick Ratio: 1.90

Sales & Book Value

Annual Sales: $3.31 billion
Price / Sales: 0.66
Cash Flow: $4.31 per share
Price / Cash Flow: 9.41
Book Value: $27.07 per share
Price / Book: 1.50

Miscellaneous

Outstanding Shares: 53,680,000
Free Float: 48,319,000
Market Cap: $2.18 billion
Optionable: Optionable
Beta: 0.67

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Key Executives

Ms. Mary Beth Springer (Age 59)
Interim CEO & Director
Comp: $144k
Mr. Nicholas Lahanas (Age 54)
Senior VP & CFO
Comp: $489.09k
Mr. John D. Walker III (Age 65)
President of Garden Consumer Products
Comp: $563.62k
Mr. John Edward Hanson (Age 58)
President of Pet Consumer Products
Comp: $613.83k
Mr. Howard A. Machek (Age 60)
Senior VP & Chief Accounting Officer
Comp: $500.4k
Mr. Chris Walter
Senior VP & Chief Information Officer
Ms. Friederike Edelmann
Vice President of Investor Relations
Ms. Joyce McCarthy (Age 54)
General Counsel & Secretary
Mr. Ken Elsbury
Chief People Officer & Life Sciences Lead
Mr. Glen S. Axelrod
Senior Vice President of Dog & Cat Brands

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CENT Stock Analysis - Frequently Asked Questions

Should I buy or sell Central Garden & Pet stock right now?: 1 Wall Street research 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 research 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 target for 2024?: 1 brokerages have issued twelve-month target prices for Central Garden & Pet's stock. Their CENT share price targets range from $50.00 to $50.00. On average, they expect the company's stock price to reach $50.00 in the next twelve months. This suggests a possible upside of 23.2% 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 at the beginning of the year. Since then, CENT shares have increased by 8.4% and is now trading at $40.58.
View the best growth stocks for 2023 here.
When is Central Garden & Pet's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 30th 2024.
View our CENT earnings forecast.
How were Central Garden & Pet's earnings last quarter?: Central Garden & Pet (NASDAQ:CENT) released its quarterly earnings data on Monday, November, 20th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.08 by $0.02. The business had revenue of $750.15 million for the quarter, compared to analysts' expectations of $731.81 million. Central Garden & Pet had a net margin of 3.80% and a trailing twelve-month return on equity of 9.93%. During the same period in the previous year, the company posted ($0.04) earnings per share.
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 EPS guidance of $2.55- for the period, compared to the consensus EPS 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 Global (BG), Brinker International (EAT), Kroger (KR), Pfizer (PFE), Domtar (UFS) and Verizon Communications (VZ).
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 investors include Allspring Global Investments Holdings LLC (1.80%), Morgan Stanley (1.21%), Northern Trust Corp (0.31%), Bank of New York Mellon Corp (0.16%), Invesco Ltd. (0.15%) and Charles Schwab Investment Management Inc. (0.15%). 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.
Does Central Garden & Pet have any subsidiaries?: The following companies are subsidiares of Central Garden & Pet: Green Garden.
Read More

This page (NASDAQ:CENT) was last updated on 12/1/2023 by MarketBeat.com Staff

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