NASDAQ:CENT

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

$40.37

-0.04 (-0.10%)

(As of 03/30/2023 12:00 AM ET)

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Today's Range: $40.24
▼
$40.70
50-Day Range: $38.60
▼
$43.71
52-Week Range: $35.61
▼
$46.78

Volume: 18,422 shs
Average Volume: 36,576 shs
Market Capitalization: $2.18 billion

P/E Ratio: 16.41
Dividend Yield: N/A
Price Target: $50.00

Institutional Ownership

Central Garden & Pet MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 23.9% Upside
$50.00 Price Target
Short Interest: Bearish
3.20% of Float Sold Short
Dividend Strength: N/A
Sustainability: -3.45
Upright™ Environmental Score
News Sentiment: 0.23
Based on 8 Articles This Week
Insider Trading: Selling Shares
$4.56 M Sold Last Quarter
Proj. Earnings Growth: 6.82%
From $2.64 to $2.82 Per Share

Overall MarketRank^™

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

1.64 out of 5 stars

Consumer Discretionary Sector

235th out of 264 stocks

Miscellaneous Nondurable Goods Industry

3rd out of 3 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 23.9% from its current price of $40.37.
Amount of Analyst Coverage
Central Garden & Pet has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.20% 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 8.3.
Change versus previous month
Short interest in Central Garden & Pet has recently increased by 23.47%, 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.

1.8

News and Social Media Coverage

News Sentiment
Central Garden & Pet has a news sentiment score of 0.23. 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 8 news articles for Central Garden & Pet this week, compared to 4 articles on an average week.

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 $4,560,908.00 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 6.82% in the coming year, from $2.64 to $2.82 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Central Garden & Pet is 16.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.62.
Price to Earnings Ratio vs. Sector
The P/E ratio of Central Garden & Pet is 16.41, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.62.
Price to Book Value per Share Ratio
Central Garden & Pet has a P/B Ratio of 1.64. 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

March 30, 2023 | marketwatch.com

Lawn and Garden Supplies Market Top Players and Forecast till 2031

March 28, 2023 | msn.com

The Horticulture Display Garden In Morris Is The Hidden Garden In Minnesota That Almost No One Knows About

March 30, 2023 | WealthPop (Ad)

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March 24, 2023 | marketwatch.com

Pet Care Market 2023 Size and Forecast to 2030

March 24, 2023 | cnn.com

Best plant identification apps for mobile in 2023, tested by our editors

March 24, 2023 | marketwatch.com

2023-2029 Pet Accessories Market Share and Growth Insights | Latest Research Report

March 24, 2023 | marketwatch.com

Pet Cleaning Product Market Size and Share with Revenue Forecast by 2023 to 2029 | Spectrum Brands, Hartz, Central Garden & Pet Company

March 23, 2023 | marketwatch.com

Pet Care Products Market Size and Forecast till 2028

March 30, 2023 | Weiss Ratings (Ad)

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March 23, 2023 | marketwatch.com

Pet Supplies Market Size and Forecast till 2031

March 22, 2023 | marketwatch.com

2023 Lawn and Garden Supplies Market Insightful Analysis of Top Companies, Future Projections, and Competitive Landscape

March 21, 2023 | marketwatch.com

Lawn and Garden Supplies Market: Key Players and Strategies for Future Growth by 2023-2027

March 21, 2023 | msn.com

Where to find Easter 2023 egg hunts, bunny visits and more in central Pa.

March 19, 2023 | finance.yahoo.com

Investors in Central Garden & Pet (NASDAQ:CENT) have made a favorable return of 55% over the past three years

March 16, 2023 | marketwatch.com

The Pet Bird Food Market Research Report 2023 - 2030 focuses on its Current development, Avg. Selling Price and Global Market.

March 15, 2023 | marketwatch.com

Pet Products Market Outlook and Forecast till 2029

March 14, 2023 | marketwatch.com

2023 Pet Grooming Market Insights: Business Statistics, Current Trends And Challenges Forecast 2031

March 11, 2023 | marketwatch.com

Global Pet Product Market [2023-2028] | Future Research including: Trends, Best Practices, and Key Players

March 9, 2023 | finance.yahoo.com

Wee-Wee® Eco Pads Named Among the Best Eco-Friendly Puppy Training Pads of 2023

March 7, 2023 | marketwatch.com

The Rise of Pet Shampoo Market 2023 and Its Impact on the Global Industry till 2028

March 6, 2023 | marketwatch.com

Pet Shampoo and Conditioner Market Global Demand, Opportunities, Trends, Analysis and Forecast to 2028

March 6, 2023 | marketwatch.com

Pet Shampoo Industry (Views and Position) 2023-2028

March 6, 2023 | marketwatch.com

Hair Conditioner for Cats Market to Grow Exponentially Due to Rising Demand

March 4, 2023 | msn.com

Spring things to do in and around Austin

March 4, 2023 | msn.com

Cincinnati Zoo & Botanical Garden nominated in national ‘10 Best Zoos” competition

March 3, 2023 | marketwatch.com

Pet Supplies Market Future Growth and Business Opportunities 2023-2028 | Updated Report

March 2, 2023 | msn.com

Weekend Plans? The Annual Fresno Home and Garden show is here

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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CENT Company Calendar

Last Earnings: 1/31/2023
Today: 3/30/2023
Next Earnings (Estimated): 5/03/2023
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: $50.00
High Stock Price Forecast: $50.00
Low Stock Price Forecast: $50.00
Forecasted Upside/Downside: +23.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.46
Trailing P/E Ratio: 16.41
Forward P/E Ratio: 15.29
P/E Growth: N/A
Net Income: $152.15 million
Net Margins: 4.08%
Pretax Margin: 5.31%
Return on Equity: 10.16%
Return on Assets: 4.08%

Debt

Debt-to-Equity Ratio: 0.90
Current Ratio: 3.58
Quick Ratio: 1.15

Sales & Book Value

Annual Sales: $3.34 billion
Price / Sales: 0.65
Cash Flow: $4.37 per share
Price / Cash Flow: 9.23
Book Value: $24.55 per share
Price / Book: 1.64

Miscellaneous

Outstanding Shares: 54,010,000
Free Float: 48,615,000
Market Cap: $2.18 billion
Optionable: Optionable
Beta: 0.68

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 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 brokers have issued twelve-month price targets for Central Garden & Pet's shares. Their CENT share price forecasts range from $50.00 to $50.00. On average, they predict the company's share price to reach $50.00 in the next year. This suggests a possible upside of 23.6% 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 2023. Since then, CENT shares have increased by 8.0% and is now trading at $40.45.
View the best growth stocks for 2023 here.
Are investors shorting Central Garden & Pet?: Central Garden & Pet saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 297,800 shares, an increase of 23.5% from the February 28th total of 241,200 shares. Based on an average daily trading volume, of 35,700 shares, the days-to-cover ratio is presently 8.3 days. Currently, 3.2% of the company's shares are sold short.
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 Wednesday, May 3rd 2023.
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, 22nd. The company reported ($0.06) EPS for the quarter, topping analysts' consensus estimates of ($0.24) by $0.18. The company earned $739.13 million during the quarter, compared to analyst estimates of $729.16 million. Central Garden & Pet had a net margin of 4.08% and a trailing twelve-month return on equity of 10.16%. During the same quarter in the previous year, the company earned $0.25 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 Invesco S&P SmallCap Consumer Staples ETF (PSCC), Invesco S&P SmallCap 600 Revenue ETF (RWJ), Vanguard Consumer Staples ETF (VDC) and Fidelity MSCI Consumer Staples Index ETF (FSTA).Dimensional US Small Cap Value ETF (DFSV) and
What guidance has Central Garden & Pet issued on next quarter's earnings?: Central Garden & Pet issued an update on its FY 2023 earnings guidance on Friday, February, 10th. The company provided EPS guidance of $2.60-$2.80 for the period, compared to the consensus estimate of $2.66. 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 institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (1.41%), Morgan Stanley (1.28%), Geode Capital Management LLC (0.92%), Renaissance Technologies LLC (0.46%), Bank of America Corp DE (0.32%) and GW&K Investment Management LLC (0.23%). 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, Thomas J Colligan 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 $40.45.
How much money does Central Garden & Pet make?: Central Garden & Pet (NASDAQ:CENT) has a market capitalization of $2.18 billion and generates $3.34 billion in revenue each year. The company earns $152.15 million in net income (profit) each year or $2.46 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 3/30/2023 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

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^™