NASDAQ:CENTA

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

$38.05

+0.30 (+0.79%)

(As of 03/21/2023 12:00 AM ET)

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Today's Range: $37.81
▼
$39.06
50-Day Range: $36.95
▼
$41.44
52-Week Range: $33.69
▼
$44.53

Volume: 155,628 shs
Average Volume: 176,384 shs
Market Capitalization: $2.06 billion

P/E Ratio: 15.47
Dividend Yield: N/A
Price Target: $49.25

Institutional Ownership

Central Garden & Pet MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 29.4% Upside
$49.25 Price Target
Short Interest: Bearish
2.27% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
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.

2.13 out of 5 stars

Consumer Discretionary Sector

154th out of 260 stocks

Miscellaneous Nondurable Goods Industry

1st out of 3 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 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $49.25, Central Garden & Pet has a forecasted upside of 29.4% from its current price of $38.05.
Amount of Analyst Coverage
Central Garden & Pet has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.27% 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 5.2.
Change versus previous month
Short interest in Central Garden & Pet has recently increased by 4.93%, indicating that investor sentiment is decreasing.

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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CENTA.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Central Garden & Pet this week, compared to 1 article on an average week.

4.2

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
20.28% of the stock of Central Garden & Pet is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
69.21% of the stock of Central Garden & Pet is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

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 15.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.75.
Price to Earnings Ratio vs. Sector
The P/E ratio of Central Garden & Pet is 15.47, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.51.
Price to Book Value per Share Ratio
Central Garden & Pet has a P/B Ratio of 1.55. 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:CENTA) 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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CENTA Stock News Headlines

March 20, 2023 | americanbankingnews.com

StockNews.com Begins Coverage on Central Garden & Pet (NASDAQ:CENTA)

February 13, 2023 | finance.yahoo.com

Nylabone Makes $10,000 Valentine’s Day Donation to Celebrate the Love Between Recovering Military Veterans and Their Service Dogs

March 21, 2023 | Stansberry Research (Ad)

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February 1, 2023 | finance.yahoo.com

Central Garden & Pet Company (NASDAQ:CENT) Q1 2023 Earnings Call Transcript

February 1, 2023 | finance.yahoo.com

Here's Why Shareholders May Want To Be Cautious With Increasing Central Garden & Pet Company's (NASDAQ:CENT) CEO Pay Packet

January 25, 2023 | nasdaq.com

Central Garden & Pet Breaks Above 200-Day Moving Average - Bullish for CENTA

January 24, 2023 | finance.yahoo.com

Central Garden & Pet to Announce Q1 Fiscal 2023 Financial Results

January 10, 2023 | benzinga.com

Central Garden & Pet Stock (NASDAQ:CENTA), Quotes and News Summary

March 21, 2023 | Behind the Markets (Ad)

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December 25, 2022 | finance.yahoo.com

Central Garden & Pet Company (NASDAQ:CENT) Q4 2022 Earnings Call Transcript

December 20, 2022 | seekingalpha.com

Central Garden & Pet Company: Stagnant Revenue Growth

November 21, 2022 | finance.yahoo.com

Central Garden & Pet Announces Q4 and Fiscal 2022 Financial Results

November 18, 2022 | benzinga.com

Bell Nursery Named The Home Depot's 2022 Environmental Partner of the Year

November 18, 2022 | finance.yahoo.com

Bell Nursery Named The Home Depot’s 2022 Environmental Partner of the Year

October 10, 2022 | finance.yahoo.com

Investors in Central Garden & Pet (NASDAQ:CENT) have made a return of 26% over the past three years

October 6, 2022 | finance.yahoo.com

Nylabone® Receives Multiple Industry Accolades for Gourmet Style Chew Toys

September 22, 2022 | finance.yahoo.com

Central Garden & Pet Releases Inaugural Impact Report Outlining Sustainability Priorities, Progress and Goals

September 20, 2022 | finance.yahoo.com

Central Garden & Pet Company (CENTA)

September 14, 2022 | seekingalpha.com

CENTA Central Garden & Pet Company

September 2, 2022 | finance.yahoo.com

Why Is Central Garden (CENT) Down 9.2% Since Last Earnings Report?

August 28, 2022 | fool.com

Central Garden and Pet (NASDAQ: CENTA)

August 4, 2022 | finance.yahoo.com

Central Garden and Pet (CENTA) Q3 2022 Earnings Call Transcript

August 3, 2022 | nasdaq.com

Central Garden (CENTA) Q3 Earnings and Revenues Beat Estimates

August 1, 2022 | finance.yahoo.com

What to Expect From Central Garden & Pet's (CENT) Q3 Earnings?

July 29, 2022 | finance.yahoo.com

Funko-A (FNKO) Stock Jumps 8.1%: Will It Continue to Soar?

July 25, 2022 | finance.yahoo.com

Central Garden & Pet Company to Announce Fiscal 2022 Third Quarter Financial Results on August 3, 2022

June 30, 2022 | finance.yahoo.com

Central Garden & Pet Introduces GoodGood, a New Pet Wellness Brand Dedicated to Both Sides of the Pet-nership

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CENTA Company Calendar

Last Earnings: 1/31/2023
Today: 3/21/2023
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: Household Products
Sector: Consumer Discretionary
Current Symbol: NASDAQ:CENTA
CUSIP: 15352720
CIK: 887733
Web: www.central.com
Phone: (925) 948-4000
Fax: N/A
Employees: 6,500
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $49.25
High Stock Price Forecast: $60.00
Low Stock Price Forecast: $39.00
Forecasted Upside/Downside: +29.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.46
Trailing P/E Ratio: 15.47
Forward P/E Ratio: 14.41
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: 0.62
Cash Flow: $4.43 per share
Price / Cash Flow: 8.58
Book Value: $24.55 per share
Price / Book: 1.55

Miscellaneous

Outstanding Shares: 54,010,000
Free Float: 43,053,000
Market Cap: $2.06 billion
Optionable: Optionable
Beta: 0.68

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

CENTA Stock - Frequently Asked Questions

Should I buy or sell Central Garden & Pet stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Central Garden & Pet in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CENTA shares.
View CENTA analyst ratings or view top-rated stocks.
What is Central Garden & Pet's stock price forecast for 2023?: 4 brokerages have issued 12 month price objectives for Central Garden & Pet's stock. Their CENTA share price forecasts range from $39.00 to $60.00. On average, they anticipate the company's share price to reach $49.25 in the next year. This suggests a possible upside of 29.4% from the stock's current price.
View analysts price targets for CENTA or view top-rated stocks among Wall Street analysts.
How have CENTA shares performed in 2023?: Central Garden & Pet's stock was trading at $35.80 at the beginning of the year. Since then, CENTA shares have increased by 6.3% and is now trading at $38.05.
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 Wednesday, May 3rd 2023.
View our CENTA earnings forecast.
How were Central Garden & Pet's earnings last quarter?: Central Garden & Pet (NASDAQ:CENTA) announced its quarterly earnings data on Tuesday, January, 31st. The company reported ($0.16) earnings per share for the quarter, beating the consensus estimate of ($0.18) by $0.02. The firm earned $627.66 million during the quarter, compared to analysts' expectations of $605.61 million. Central Garden & Pet had a trailing twelve-month return on equity of 10.16% and a net margin of 4.08%.
What ETFs hold Central Garden & Pet's stock?: ETFs with the largest weight of Central Garden & Pet (NASDAQ:CENTA) stock in their portfolio include Invesco S&P SmallCap Consumer Staples ETF (PSCC), ProShares Pet Care ETF (PAWZ), First Trust NASDAQ BuyWrite Income ETF (FTQI), First Trust Small Cap Value AlphaDEX Fund (FYT), iShares US Small Cap Value Factor ETF (SVAL), Timothy Plan US Small Cap Core ETF (TPSC), VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF) and VictoryShares US Small Cap Volatility Wtd ETF (CSA).
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 earnings per share (EPS) guidance of $2.60-$2.80 for the period, compared to the consensus earnings per share estimate of $2.66. The company issued revenue guidance of -.

What is Tim Cofer's approval rating as Central Garden & Pet's CEO?: 42 employees have rated Central Garden & Pet Chief Executive Officer Tim Cofer on Glassdoor.com. Tim Cofer has an approval rating of 48% among the company's employees. This puts Tim Cofer in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 64.0% of employees surveyed would recommend working at Central Garden & Pet to a friend.
What is Central Garden & Pet's stock symbol?: Central Garden & Pet trades on the NASDAQ under the ticker symbol "CENTA."
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 investors include Dimensional Fund Advisors LP (4.80%), Victory Capital Management Inc. (4.14%), Victory Capital Management Inc. (4.14%), Victory Capital Management Inc. (4.14%), Allspring Global Investments Holdings LLC (3.08%) and Armistice Capital LLC (2.79%). Insiders that own company stock include John D Walker III, John Edward Hanson, Nicholas Lahanas and William E Brown.
View institutional ownership trends.
How do I buy shares of Central Garden & Pet?: Shares of CENTA 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 CENTA stock can currently be purchased for approximately $38.05.
How much money does Central Garden & Pet make?: Central Garden & Pet (NASDAQ:CENTA) has a market capitalization of $2.06 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 6,500 workers across the globe.
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.

This page (NASDAQ:CENTA) was last updated on 3/21/2023 by MarketBeat.com Staff

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Central Garden & Pet - CENTA 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

News and Social Media Coverage

News Coverage This Week

Company Ownership

Earnings and Valuation

About Central Garden & Pet (NASDAQ:CENTA) Stock

CENTA Stock News Headlines

CENTA Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CENTA Stock - Frequently Asked Questions

Overall MarketRank^™