Central Garden & Pet (CENT) News Today

ProShare Advisors LLC lifted its stake in Central Garden & Pet (NASDAQ:CENT - Free Report) by 92.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 51,117 shares of the company's stock after buying an additional 24,575 shares during the p

Central Garden & Pet (NASDAQ:CENT - Get Free Report) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totalling 1,240,000 shares, an increase of 5.1% from the June 15th total of 1,180,000 shares. Approximately 13.0% of the shares of the stock are short sold. Based on an average trading volume of 105,900 shares, the days-to-cover ratio is presently 11.7 days.

Central Garden & Pet (NASDAQ:CENT - Get Free Report) has received an average rating of "Buy" from the five ratings firms that are presently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a buy rating and two have issued a strong buy rating on the company.

Allspring Global Investments Holdings LLC lessened its stake in Central Garden & Pet (NASDAQ:CENT - Free Report) by 13.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 833,879 shares of the company's stock after sel

Central Garden & Pet (NASDAQ:CENT - Get Free Report) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totalling 1,180,000 shares, an increase of 8.3% from the May 31st total of 1,090,000 shares. Based on an average daily trading volume, of 102,200 shares, the days-to-cover ratio is currently 11.5 days. Approximately 12.4% of the shares of the company are sold short.

Canaccord Genuity Group cut their price objective on shares of Central Garden & Pet from $52.00 to $49.00 and set a "buy" rating for the company in a research report on Monday.

Central Garden & Pet (NASDAQ:CENT) Stock Price Down 4.2%

Central Garden & Pet (NASDAQ:CENT - Get Free Report) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 1,060,000 shares, an increase of 7.7% from the April 30th total of 983,900 shares. Approximately 11.1% of the shares of the stock are short sold. Based on an average daily volume of 101,500 shares, the days-to-cover ratio is presently 10.4 days.

Allianz Asset Management GmbH trimmed its position in Central Garden & Pet (NASDAQ:CENT - Free Report) by 13.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 338,483 shares of the company's stock af

Central Garden & Pet (NASDAQ:CENT - Get Free Report) Chairman William E. Brown sold 650 shares of the firm's stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $37.48, for a total transaction of $24,362.00. Following the completion of the transaction, the chairman now directly owns 409,450 shares in the company, valued at $15,346,186. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Central Garden & Pet (NASDAQ:CENT - Free Report) - Research analysts at Zacks Research cut their Q1 2025 earnings estimates for shares of Central Garden & Pet in a note issued to investors on Wednesday, May 22nd. Zacks Research analyst S. Singh now anticipates that the company will earn $0.01 per

Central Garden & Pet (NASDAQ:CENT - Get Free Report) insider John D. Walker III sold 4,218 shares of the firm's stock in a transaction that occurred on Thursday, May 16th. The shares were sold at an average price of $40.31, for a total value of $170,027.58. Following the transaction, the insider now owns 85,063 shares of the company's stock, valued at approximately $3,428,889.53. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Central Garden & Pet (NASDAQ:CENT - Get Free Report) CAO Howard Machek sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, May 14th. The stock was sold at an average price of $40.05, for a total transaction of $400,500.00. Following the transaction, the chief accounting officer now owns 51,474 shares of the company's stock, valued at approximately $2,061,533.70. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Central Garden & Pet (NASDAQ:CENT) Hits New 1-Year High at $47.06

Central Garden & Pet (NASDAQ:CENT - Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $0.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.83 by $0.16. Central Garden & Pet had a return on equity of 10.32% and a net margin of 4.06%. The business had revenue of $900.10 million during the quarter, compared to analyst estimates of $888.74 million. During the same quarter in the prior year, the business posted $0.72 EPS. Central Garden & Pet's revenue for the quarter was down 1.0% compared to the same quarter last year.

Central Garden & Pet (NASDAQ:CENT) Reaches New 1-Year High Following Better-Than-Expected Earnings

Central Garden & Pet (NASDAQ:CENT) updated its FY24 earnings guidance. The company provided EPS guidance of $2.50 for the period, compared to the consensus estimate of $2.15.