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 horses and livestock, as well as outdoor cushions and pillows. 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; 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, Pennington, 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.
Central Garden & Pet Price Performance
Shares of CENT traded up $0.49 during midday trading on Thursday, reaching $44.56. The stock had a trading volume of 73 shares, compared to its average volume of 38,934. The company's 50-day moving average is $43.31 and its 200 day moving average is $44.44. The company has a market capitalization of $2.45 billion, a price-to-earnings ratio of 15.97 and a beta of 0.54. The company has a current ratio of 3.16, a quick ratio of 1.45 and a debt-to-equity ratio of 0.88. Central Garden & Pet has a 12-month low of $40.03 and a 12-month high of $57.32.
Insiders Place Their Bets
In related news, CFO Nicholas Lahanas sold 7,306 shares of the firm's stock in a transaction that occurred on Friday, May 13th. The shares were sold at an average price of $41.78, for a total value of $305,244.68. Following the transaction, the chief financial officer now owns 113,520 shares of the company's stock, valued at $4,742,865.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 8.80% of the company's stock.