NASDAQ:CENT

Central Garden & Pet - CENT Stock Forecast, Price & News

$40.81

-0.32 (-0.78%)

(As of 01/26/2023 12:00 AM ET)

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Today's Range: $40.66
▼
$41.15
50-Day Range: $36.23
▼
$44.57
52-Week Range: $35.61
▼
$49.09

Volume: 34,400 shs
Average Volume: 27,447 shs
Market Capitalization: $2.21 billion

P/E Ratio: 14.68
Dividend Yield: N/A
Price Target: $55.00

Institutional Ownership

Central Garden & Pet MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 34.8% Upside
$55.00 Price Target
Short Interest: Healthy
2.53% of Float Sold Short
Dividend Strength: N/A
Sustainability: -3.45
Upright™ Environmental Score
News Sentiment: 0.61
Based on 10 Articles This Week
Insider Trading: Selling Shares
$131,682 Sold Last Quarter
Proj. Earnings Growth: 6.46%
From $2.63 to $2.80 Per Share

Overall MarketRank^™

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

2.12 out of 5 stars

Consumer Discretionary Sector

140th out of 275 stocks

Miscellaneous Nondurable Goods Industry

2nd out of 4 stocks

3.5

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 $55.00, Central Garden & Pet has a forecasted upside of 34.8% from its current price of $40.81.
Amount of Analyst Coverage
Central Garden & Pet has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.53% 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 6.4.
Change versus previous month
Short interest in Central Garden & Pet has recently decreased by 0.09%, 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.

2.6

News and Social Media Coverage

News Sentiment
Central Garden & Pet has a news sentiment score of 0.61. 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 news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Central Garden & Pet this week, compared to 3 articles on an average week.
Search Interest
1 people have searched for CENT on MarketBeat 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 $131,682.00 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 17.51% of the stock of Central Garden & Pet is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Central Garden & Pet are expected to grow by 6.46% in the coming year, from $2.63 to $2.80 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Central Garden & Pet is 14.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.63.
Price to Earnings Ratio vs. Sector
The P/E ratio of Central Garden & Pet is 14.68, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.10.
Price to Book Value per Share Ratio
Central Garden & Pet has a P/B Ratio of 1.66. 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 Co. engages in the production and distribution of branded and private label products for the lawn, and garden and pet supplies markets. It operates through the following segments: Pets and Garden. The Pet segment includes dog and cat supplies such as dog treats and chews, toys, pet beds and grooming products, waste management and training pads, pet containment, 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. The Garden segment includes lawn and garden consumables such as grass, vegetable, flower and herb seed, wild bird feed, bird houses and other birding accessories, weed, grass, and other herbicides, insecticide and pesticide products, fertilizers and live plants. The company was founded by William E. Brown in 1980 and is headquartered in Walnut Creek, CA.

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CENT Stock News Headlines

January 26, 2023 | marketwatch.com

Lawn and Garden Supplies Market 2023-2028: What Opportunities Plays Vital Role in Growth, and Business Developments

January 25, 2023 | marketwatch.com

Global Lawn and Garden Supplies Market Size Growth Rate Analysis 2023 by Production, Revenue, Price, Gross Margin, Countries and Forecast to 2028

January 27, 2023 | UNKNOWN (Ad)

Hot craft spirits opportunity you don't want to miss

Award winning products. Global distribution. New distillery. New products.

January 25, 2023 | finance.yahoo.com

What Awaits Central Garden & Pet (CENT) in Q1 Earnings?

January 24, 2023 | marketwatch.com

Pet Products Market : Global Market Growth, New Trends, COVID-19 Impact and Forecast 2023 To 2028

January 23, 2023 | marketwatch.com

Larvicides Market Size, Fundamentals And Forecast Analysis 2023-2028 with Top Countries Data

January 23, 2023 | marketwatch.com

Fish Tanks Market Industry Updates, New Opportunities, Major Strategies, And Forecast 2029

January 23, 2023 | msn.com

Memorial pet reef dedicated off of Sarasota believed to be first in the world

January 27, 2023 | UNKNOWN (Ad)

Hot craft spirits opportunity you don't want to miss

Award winning products. Global distribution. New distillery. New products.

January 23, 2023 | marketwatch.com

Pet Conditioners Market is Expected to Record the Massive Growth, with Prominent Key Players Analysis and Forecast to 2029

January 23, 2023 | marketwatch.com

Aquarium Market 2023 Size, Growth, Trends and Forecast to 2028

January 18, 2023 | marketwatch.com

Pet Supplies Market Profiled Key Players to Show Impressive Revenue Growth by 2028

January 17, 2023 | marketwatch.com

Pet Shampoo Market Set For Rapid Growth and Competitive Landscape: Spectrum Brands, Hartz, Central Garden & Pet Company, Wahl Clipper Corporation

January 15, 2023 | marketwatch.com

Animal Shampoo Market Size Insight Report 2023 to 2028 by Top Key Players, Types, End Users and Regions with COVID-19 Impact Analysis

January 15, 2023 | marketwatch.com

Pet Grooming Market To Show Incredible Growth And Forecast By 2028 Segment, Privacy Tools And Key Players Information

January 13, 2023 | marketwatch.com

Pet Grooming Market Future 2023 Size, Global Trends, Market Demand, Industry Analysis, Growth, Share, Opportunities and Forecast 2028

January 12, 2023 | marketwatch.com

Home And Garden Pesticides Market Statistics 2023 : Industry Demand, Prominent Players Strategies, Size, SWOT Analysis and Forecast 2028

January 12, 2023 | marketwatch.com

Pet Tick Killing Products Market 2023 : Advance Technology, Latest Trend and Future Expansion by 2029

January 11, 2023 | marketwatch.com

With 3.2% CAGR, Lawn and Garden Supplies Market 2023 To Garner Overwhelming Hike In Revenues by 2028 | 114 Pages Report

January 11, 2023 | marketwatch.com

Pet Grooming Products Market Size, Sales, CAGR And Competition Data from 2023 To 2028

January 10, 2023 | finance.yahoo.com

Are Options Traders Betting on a Big Move in Central Garden & Pet (CENT) Stock?

January 10, 2023 | marketwatch.com

Lawn & Garden Consumables Market New Innovations and Future Expansion 2023-2028 with Top Countries Data

January 9, 2023 | msn.com

Man mauled to death by his own dogs identified as ex-Zambian soccer player Philemon Mulala

January 5, 2023 | forbes.com

Central Garden & Pet

January 5, 2023 | marketwatch.com

Dog Clothing and Accessories Market 2023 : Future Developments, Key Vendors, Regional Analysis and Industry Scope by 2028

January 5, 2023 | marketwatch.com

Aquarium Sales Market Industry Updates, New Opportunities, Major Strategies, And Forecast 2028

January 4, 2023 | marketwatch.com

Aquarium Market Size, Share, Growth, Revenue, Demand, Future Potential, and Forecast from 2023 to 2028

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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CENT Company Calendar

Last Earnings: 11/21/2022
Today: 1/26/2023
Next Earnings (Confirmed): 1/31/2023
Fiscal Year End: 9/30/2023

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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: $55.00
High Stock Price Forecast: $60.00
Low Stock Price Forecast: $50.00
Forecasted Upside/Downside: +34.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.78
Trailing P/E Ratio: 14.68
Forward P/E Ratio: 15.52
P/E Growth: N/A
Net Income: $152.15 million
Net Margins: 4.56%
Pretax Margin: 5.96%
Return on Equity: 11.68%
Return on Assets: 4.65%

Debt

Debt-to-Equity Ratio: 0.89
Current Ratio: 3.34
Quick Ratio: 1.32

Sales & Book Value

Annual Sales: $3.34 billion
Price / Sales: 0.66
Cash Flow: $4.33 per share
Price / Cash Flow: 9.42
Book Value: $24.55 per share
Price / Book: 1.66

Miscellaneous

Outstanding Shares: 54,122,000
Free Float: 48,721,000
Market Cap: $2.21 billion
Optionable: Optionable
Beta: 0.64

Social Links

Key Executives

Timothy P. Cofer
Chief Executive Officer & Director

Nicholas Lahanas
Chief Financial Officer

Chris Walter
Chief Information Officer & Senior Vice President

Howard Machek
Chief Accounting Officer & Senior Vice President

John D. Walker
President-Garden Consumer Products

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 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 forecast for 2023?: 1 analysts have issued 1 year price objectives for Central Garden & Pet's shares. Their CENT share price forecasts range from $50.00 to $60.00. On average, they predict the company's stock price to reach $55.00 in the next twelve months. This suggests a possible upside of 34.8% 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 start of the year. Since then, CENT shares have increased by 9.0% and is now trading at $40.81.
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 31st 2023.
View our CENT earnings forecast.
How can I listen to Central Garden & Pet's earnings call?: Central Garden & Pet will be holding an earnings conference call on Tuesday, January 31st at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Central Garden & Pet's earnings last quarter?: Central Garden & Pet (NASDAQ:CENT) released its quarterly earnings data on Monday, November, 21st. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.03 by $0.07. The firm earned $707.44 million during the quarter, compared to analyst estimates of $724.45 million. Central Garden & Pet had a net margin of 4.56% and a trailing twelve-month return on equity of 11.68%.
What guidance has Central Garden & Pet issued on next quarter's earnings?: Central Garden & Pet updated its FY 2023 earnings guidance on Thursday, December, 22nd. The company provided earnings per share (EPS) guidance of $2.60-$2.80 for the period, compared to the consensus earnings per share estimate of $2.93. 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 many different institutional and retail investors. Top institutional investors include Tokio Marine Asset Management Co. Ltd. (0.06%), Assenagon Asset Management S.A. (0.06%), North Star Investment Management Corp. (0.04%), Yousif Capital Management LLC (0.01%) and Comerica Bank (0.01%). 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 Thomas J Colligan.
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 $40.81.
How much money does Central Garden & Pet make?: Central Garden & Pet (NASDAQ:CENT) has a market capitalization of $2.21 billion and generates $3.34 billion in revenue each year. The company earns $152.15 million in net income (profit) each year or $2.78 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 1/27/2023 by MarketBeat.com Staff

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Central Garden & Pet - CENT Stock Forecast, Price & News

Central Garden & Pet MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Central Garden & Pet (NASDAQ:CENT) Stock

CENT Stock News Headlines

CENT Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

CENT Stock - Frequently Asked Questions

Overall MarketRank^™