NASDAQ:CENT

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

$40.27

+0.23 (+0.57%)

(As of 11/25/2022 04:00 PM ET)

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Today's Range: $39.95
▼
$40.63
50-Day Range: $36.03
▼
$44.57
52-Week Range: $35.61
▼
$53.40

Volume: 19,954 shs
Average Volume: 38,263 shs
Market Capitalization: $2.19 billion

P/E Ratio: 14.49
Dividend Yield: N/A
Price Target: $55.00

Central Garden & Pet MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 36.6% Upside
$55.00 Price Target
Short Interest: Healthy
3.02% of Float Sold Short
Dividend Strength: N/A
Sustainability: -3.45
Upright™ Environmental Score
News Sentiment: 0.25
Based on 20 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 12.17%
From $2.63 to $2.95 Per Share

Overall MarketRank^™

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

2.11 out of 5 stars

Consumer Discretionary Sector

163rd out of 273 stocks

Miscellaneous Nondurable Goods Industry

4th out of 4 stocks

3.3

Analyst's Opinion

Consensus Rating
Central Garden & Pet has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, 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 36.6% from its current price of $40.27.
Amount of Analyst Coverage
Central Garden & Pet has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
3.02% 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 7.31%, indicating that investor sentiment is improving 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 0.25. 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 0.66 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 20 news articles for Central Garden & Pet this week, compared to 3 articles on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Central Garden & Pet insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 8.80% of the stock of Central Garden & Pet is held by insiders.
Percentage Held by Institutions
Only 18.08% 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 12.17% in the coming year, from $2.63 to $2.95 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Central Garden & Pet is 14.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.89.
Price to Earnings Ratio vs. Sector
The P/E ratio of Central Garden & Pet is 14.49, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 13.25.
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 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.

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CENT Stock News Headlines

November 25, 2022 | finance.yahoo.com

Central Garden & Pet Full Year 2022 Earnings: EPS Misses Expectations

November 22, 2022 | marketwatch.com

Central Garden & Pet Shares Drop After Wider-Than-Expected 4Q Loss

November 22, 2022 | finance.yahoo.com

Central Garden & Pet (CENT) Posts Q4 Loss, Sales Decline Y/Y

November 22, 2022 | marketwatch.com

Pet Tick Killing Products Market 2022 : Growth Analysis, Key Stakeholders, Regional Outlook, End-User Applicants by 2028

November 22, 2022 | seekingalpha.com

Central Garden & Pet Company (CENT) Q4 2022 Results - Earnings Call Transcript

November 21, 2022 | forbes.com

How To Get Rid Of Skunks In The Garden

November 21, 2022 | finance.yahoo.com

Central Garden (CENT) Reports Q4 Loss, Misses Revenue Estimates

November 21, 2022 | finance.yahoo.com

Central Garden (CENTA) Reports Q4 Loss, Lags Revenue Estimates

November 20, 2022 | americanbankingnews.com

Central Garden & Pet (CENT) to Release Earnings on Monday

November 19, 2022 | marketwatch.com

Lawn & Garden Consumables Market Size, Global Insights and Trends, Forecasts to 2028

November 18, 2022 | marketwatch.com

Aquarium Market - 2023 Market Research With Size, Growth, Manufacturers, Segments and Forecast till 2028

November 18, 2022 | marketwatch.com

Global Animal Shampoo Market Size and Trends Analysis 2022 by Drivers, Key Players, Product Types, Market Dynamics and Forecast to 2028

November 15, 2022 | finance.yahoo.com

Central Garden & Pet to Announce Fourth Quarter and Fiscal Year 2022 Financial Results

November 14, 2022 | finance.yahoo.com

New Nylabone Toys Designed to Inspire Creativity in Dogs

November 9, 2022 | marketwatch.com

Pet Care Products Market Growth, Trends, Covid 19 Impact and Forecasts 2022 to 2028 with Fastest Growing Countries Data | 122 Report Pages

November 8, 2022 | msn.com

Tropical Storm Nicole: Here’s where shelters are opening in Central Florida

November 8, 2022 | msn.com

Central Florida counties open shelters for Tropical Storm Nicole

November 8, 2022 | finance.yahoo.com

Zacks Industry Outlook Highlights Prestige Consumer Healthcare, Central Garden & Pet, Traeger and RealReal

November 7, 2022 | finance.yahoo.com

4 Consumer Products-Discretionary Stocks to Watch Amid Industry Headwinds

November 6, 2022 | msn.com

17 Tourist hotspots in Tuscaloosa that live up to the hype

November 5, 2022 | msn.com

Fruglal mother, 39, says radiators aren't necessary

November 4, 2022 | marketwatch.com

Home And Garden Pesticides Market with Profitable Strategic Report Including [117 No. Pages] Analysis of New Trends, Updates, and Forecast to 2028

November 3, 2022 | marketwatch.com

Pet Care Products Market Industry Analysis by Sales & Demand by Regions with Revenue, Size, Share from 2022 to 2028

November 3, 2022 | msn.com

Etc. listings: Nov. 4-10

November 3, 2022 | marketwatch.com

Aquarium Market Size and Share Estimation 2022-2028 | Regional Overview, Growth Opportunity, Business Prospect and New Challenges

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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CENT Company Calendar

Last Earnings: 11/22/2021
Today: 11/26/2022
Next Earnings (Estimated): 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: +36.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.78
Trailing P/E Ratio: 14.49
Forward P/E Ratio: 15.31
P/E Growth: N/A
Net Income: $151.75 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: 1.45

Sales & Book Value

Annual Sales: $3.34 billion
Price / Sales: 0.66
Cash Flow: $4.36 per share
Price / Cash Flow: 9.23
Book Value: $24.55 per share
Price / Book: 1.64

Miscellaneous

Outstanding Shares: 54,380,000
Free Float: 49,591,000
Market Cap: $2.19 billion
Optionable: Optionable
Beta: 0.63

Social Links

Key Executives

Mr. Timothy P. Cofer (Age 53)
CEO & Director
Comp: $1.26M

Mr. Nicholas Lahanas (Age 53)
Chief Financial Officer
Comp: $476.99k

Mr. John D. Walker III (Age 64)
Pres of Garden Consumer Products
Comp: $832.78k

Mr. John Edward Hanson (Age 56)
Pres of Pet Consumer Products
Comp: $634.19k

Mr. Howard A. Machek (Age 59)
Sr. VP & Chief Accounting Officer

Mr. Chris Walter
Sr. VP & Chief Information Officer

Ms. Friederike Edelmann
VP of Investor Relations

Ms. Joyce McCarthy
Gen. Counsel

Mr. Jon M. Balousek (Age 53)
Pres of Corp. Devel.

Mr. Mike McGoohan
Sr. VP of Marketing & Strategy

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?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Central Garden & Pet in the last twelve months. There are currently 1 hold rating and 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?: 2 equities research analysts have issued twelve-month price targets for Central Garden & Pet's stock. Their CENT share price forecasts range from $50.00 to $60.00. On average, they anticipate the company's share price to reach $55.00 in the next year. This suggests a possible upside of 36.6% 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 2022?: Central Garden & Pet's stock was trading at $52.63 on January 1st, 2022. Since then, CENT stock has decreased by 23.5% and is now trading at $40.27.
View the best growth stocks for 2022 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 were Central Garden & Pet's earnings last quarter?: Central Garden & Pet (NASDAQ:CENT) announced its earnings results on Monday, November, 22nd. The company reported ($0.06) EPS for the quarter, topping analysts' consensus estimates of ($0.24) by $0.18. The firm had revenue of $739.13 million for the quarter, compared to analysts' expectations of $729.16 million. Central Garden & Pet had a trailing twelve-month return on equity of 11.68% and a net margin of 4.56%. During the same quarter in the previous year, the company earned $0.25 EPS.
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 Tuesday, November, 22nd. The company provided EPS guidance of $2.60-$2.80 for the period, compared to the consensus 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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.07%), Vanguard Group Inc. (2.65%), Allspring Global Investments Holdings LLC (1.78%), Dimensional Fund Advisors LP (1.36%), Allianz Asset Management GmbH (1.11%) and State Street Corp (0.71%). 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 Timothy P Cofer.
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 $40.27.
How much money does Central Garden & Pet make?: Central Garden & Pet (NASDAQ:CENT) has a market capitalization of $2.19 billion and generates $3.34 billion in revenue each year. The company earns $151.75 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 11/27/2022 by MarketBeat.com Staff

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