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 year. 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 target for 2024?

1 Wall Street research analysts have issued 1-year target prices for Central Garden & Pet's shares. Their CENT share price targets range from $60.00 to $60.00. On average, they predict the company's share price to reach $60.00 in the next twelve months. This suggests a possible upside of 44.8% 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 2024?

Central Garden & Pet's stock was trading at $32.0704 at the beginning of 2024. Since then, CENT stock has increased by 29.2% and is now trading at $41.43. View the best growth stocks for 2024 here .

When is Central Garden & Pet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our CENT earnings forecast .

How were Central Garden & Pet's earnings last quarter?

Central Garden & Pet (NASDAQ:CENT) released its earnings results on Monday, November, 20th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.01. The company had revenue of $750.15 million for the quarter, compared to the consensus estimate of $731.81 million. Central Garden & Pet had a trailing twelve-month return on equity of 10.32% and a net margin of 4.06%. During the same quarter in the previous year, the firm earned ($0.03) 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 ProShares Pet Care ETF (PAWZ) . Invesco S&P SmallCap Consumer Staples ETF (PSCC) .

When did Central Garden & Pet's stock split?

Central Garden & Pet shares split on Friday, February 9th 2024. The 5-4 split was announced on Friday, February 9th 2024. The newly minted shares were distributed to shareholders after the closing bell on Friday, February 9th 2024. An investor that had 100 shares of stock prior to the split would have 125 shares after the split.

What guidance has Central Garden & Pet issued on next quarter's earnings?

Central Garden & Pet updated its FY 2024 earnings guidance on Wednesday, February, 7th. The company provided EPS guidance of 2.500- for the period, compared to the consensus earnings per share estimate of 2.550. 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 Global (BG) , Brinker International (EAT) , Kroger (KR) , Pfizer (PFE) , Domtar (UFS) and Verizon Communications (VZ) .

Who are Central Garden & Pet's major shareholders?

Central Garden & Pet's stock is owned by many different institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (1.79%), Dimensional Fund Advisors LP (1.44%), GW&K Investment Management LLC (0.21%), Charles Schwab Investment Management Inc. (0.15%), Principal Financial Group Inc. (0.09%) and Bfsg LLC (0.06%). 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 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Central Garden & Pet have any subsidiaries?

The following companies are subsidiares of Central Garden & Pet: Green Garden. Read More

NASDAQ:CENT

Central Garden & Pet (CENT) Stock Price, News & Analysis

$41.43

+1.57 (+3.94%)

(As of 02/9/2024 08:56 PM ET)

Compare

Today's Range: $40.86
▼
$44.45
50-Day Range: $27.84
▼
$41.43
52-Week Range: $28.48
▼
$44.45

Volume: 403,100 shs
Average Volume: 106,825 shs
Market Capitalization: $2.79 billion

P/E Ratio: 20.55
Dividend Yield: N/A
Price Target: $60.00

Get Central Garden & Pet alerts:

Central Garden & Pet MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 44.8% Upside
$60.00 Price Target
Short Interest: Bearish
10.09% of Float Sold Short
Dividend Strength: N/A
Sustainability: -3.45
Upright™ Environmental Score
News Sentiment: 0.40
Based on 14 Articles This Week
Insider Trading: Selling Shares
$336,796 Sold Last Quarter
Proj. Earnings Growth: 9.50%
From $2.00 to $2.19 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.40 out of 5 stars

Consumer Discretionary Sector

107th out of 272 stocks

Miscellaneous Nondurable Goods Industry

2nd out of 5 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 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $60.00, Central Garden & Pet has a forecasted upside of 44.8% from its current price of $41.43.
Amount of Analyst Coverage
Central Garden & Pet has only been the subject of 1 research reports in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
10.09% 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 10.3, which indicates bearish sentiment.
Change versus previous month
Short interest in Central Garden & Pet has recently increased by 5.75%, 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.

2.4

News and Social Media Coverage

News Sentiment
Central Garden & Pet has a news sentiment score of 0.40. 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 0.71 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 14 news articles for Central Garden & Pet this week, compared to 5 articles on an average week.
Search Interest
Only 2 people have searched for CENT on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
3 people have added Central Garden & Pet to their MarketBeat watchlist in the last 30 days.

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 $336,796.00 in company stock.
Percentage Held by Insiders
Only 9.53% of the stock of Central Garden & Pet is held by insiders.
Percentage Held by Institutions
Only 17.74% 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 9.50% in the coming year, from $2.00 to $2.19 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Central Garden & Pet is 20.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.61.
Price to Earnings Ratio vs. Sector
The P/E ratio of Central Garden & Pet is 20.55, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.98.
Price to Book Value per Share Ratio
Central Garden & Pet has a P/B Ratio of 1.92. 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 Stock (NASDAQ:CENT)

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 containment, grooming products, waste management, and training pads; supplies for aquatics, small animals, reptiles, and pet birds, including toys, cages and habitats, bedding, and food and supplements; products for equine and livestock; animal and household health and insect control products; aquariums and terrariums, including fixtures and stands, water conditioners and supplements, water pumps and filters, and lighting systems and accessories; and live fish and small animals, as well as outdoor cushions. This segment sells its products under the Aqueon, Cadet, Comfort Zone, Farnam, Four Paws, K&H Pet Products, Kaytee, Nylabone, and Zilla brands. Its Garden segment offers lawn and garden supplies products that include grass seed; vegetable; flower and herb packet seed; wild bird feed, bird feeders, bird houses, and other birding accessories; fertilizers; decorative 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. The company sells its products to independent distributors, big-box retailers, national and regional retail chains, e-commerce and online retailers, grocery stores, nurseries, and mass merchants. Central Garden & Pet Company was founded in 1955 and is headquartered in Walnut Creek, California.

CENT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CENT Stock News Headlines

February 11, 2024 | americanbankingnews.com

Central Garden & Pet (NASDAQ:CENT) PT Raised to $60.00 at Truist Financial

February 9, 2024 | marketwatch.com

Central Garden & Pet Shares Rise 8.8% on Swing to 1Q Profit

February 12, 2024 | Edge On The Street (Ad)

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February 8, 2024 | finance.yahoo.com

Why Is Central Garden & Pet (CENT) Stock Rocketing Higher Today

February 8, 2024 | finance.yahoo.com

Q1 2024 Central Garden & Pet Co Earnings Call

February 8, 2024 | finance.yahoo.com

Central Garden & Pet (CENT) Q1 Earnings Top, Margin Expands

February 7, 2024 | msn.com

Central Garden & Pet GAAP EPS of $0.01 beats by $0.19, revenue of $635M beats by $17.98M

February 6, 2024 | finance.yahoo.com

Earnings To Watch: Central Garden & Pet (CENT) Reports Q1 Results Tomorrow

February 12, 2024 | The Freeport Society (Ad)

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February 5, 2024 | americanbankingnews.com

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

February 3, 2024 | theguardian.com

‘Music has ceased to be ageist’: Pet Shop Boys on 40 years of pop genius – and their hopeful new album

February 2, 2024 | finance.yahoo.com

Earnings Preview: Central Garden (CENT) Q1 Earnings Expected to Decline

February 2, 2024 | news.yahoo.com

VetCheck Pet Urgent Care location finally opens on Bloomington's west side

February 2, 2024 | finance.yahoo.com

Those who invested in Central Garden & Pet (NASDAQ:CENT) five years ago are up 52%

February 2, 2024 | benzinga.com

Central Garden & Pet Stock (NASDAQ:CENT) Dividends: History, Yield and Dates

February 1, 2024 | msn.com

How to Create a Moon Garden: Here’s Why You Should Sync Your Plants to the Lunar Cycle

February 1, 2024 | msn.com

$14 Pet Adoptions for Valentine’s at Local Shelter

January 31, 2024 | uk.style.yahoo.com

New study reveals owning a pet may decrease your risk of dementia — especially if you live alone

January 31, 2024 | msn.com

Democrats nominate chef José Andrés, World Central Kitchen for the Nobel Peace Prize

January 31, 2024 | mirror.co.uk

Three things need to be done to catch missing monkey in Scotland, pet detective says

January 31, 2024 | finance.yahoo.com

Earnings Preview: Central Garden (CENTA) Q1 Earnings Expected to Decline

January 31, 2024 | uk.news.yahoo.com

Girl Swings Snake by the Tail in Frantic Effort to Save Pet Guinea Pig From Its Jaws

January 30, 2024 | uk.news.yahoo.com

Endangered Night Monkeys Rescued From Pet Trade in Colombia

January 30, 2024 | travel.usnews.com

Central Florida Zoo & Botanical Gardens

January 29, 2024 | bizjournals.com

Rest of Winter Garden Pizza Co.'s space in popular Plant Street district gets new tenant

January 29, 2024 | finance.yahoo.com

Central Garden & Pet to Announce Q1 Fiscal 2024 Financial Results

January 28, 2024 | msn.com

Central Texas school districts report positive results with four day school week

See More Headlines

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Company Calendar

Last Earnings: 11/20/2023
Today: 2/12/2024
Next Earnings (Estimated): 5/01/2024
Fiscal Year End: 9/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Discretionary
Industry: Miscellaneous nondurable goods
Sub-Industry: N/A
Current Symbol: NASDAQ:CENT
CUSIP: N/A
CIK: 887733
Web: www.central.com
Phone: (925) 948-4000
Fax: 302-636-5454
Employees: 6,700
Year Founded: 1980

Price Target and Rating

Average Stock Price Target: $60.00
High Stock Price Target: $60.00
Low Stock Price Target: $60.00
Potential Upside/Downside: +44.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.0160
Trailing P/E Ratio: 20.55
Forward P/E Ratio: 20.72
P/E Growth: N/A
Net Income: $125.64 million
Net Margins: 4.06%
Pretax Margin: 5.24%
Return on Equity: 10.32%
Return on Assets: 4.35%

Debt

Debt-to-Equity Ratio: 0.82
Current Ratio: 3.47
Quick Ratio: 1.90

Sales & Book Value

Annual Sales: $3.31 billion
Price / Sales: 0.84
Cash Flow: $3.41 per share
Price / Cash Flow: 12.14
Book Value: $21.59 per share
Price / Book: 1.92

Miscellaneous

Outstanding Shares: 67,270,000
Free Float: 60,857,000
Market Cap: $2.79 billion
Optionable: Optionable
Beta: 0.66

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Key Executives

Ms. Mary Beth Springer (Age 60)
Interim CEO & Director
Comp: $134.5k
Mr. Nicholas Lahanas (Age 55)
Senior VP & CFO
Comp: $520.35k
Ms. Joyce McCarthy (Age 55)
General Counsel & Secretary
Comp: $622.99k
Mr. John D. Walker III (Age 66)
President of Garden Consumer Products
Comp: $602.74k
Mr. John Edward Hanson (Age 59)
President of Pet Consumer Products
Comp: $593.95k
Mr. Howard A. Machek (Age 61)
Senior VP & Chief Accounting Officer
Comp: $500.4k
Mr. Chris Walter
Senior VP & Chief Information Officer
Ms. Friederike Edelmann
Vice President of Investor Relations
Mr. Ken Elsbury
Chief People Officer & Life Sciences Lead
Mr. Glen S. Axelrod
Senior Vice President of Dog & Cat Brands

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CENT Stock Analysis - 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 year. 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 target for 2024?: 1 Wall Street research analysts have issued 1-year target prices for Central Garden & Pet's shares. Their CENT share price targets range from $60.00 to $60.00. On average, they predict the company's share price to reach $60.00 in the next twelve months. This suggests a possible upside of 44.8% 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 2024?: Central Garden & Pet's stock was trading at $32.0704 at the beginning of 2024. Since then, CENT stock has increased by 29.2% and is now trading at $41.43.
View the best growth stocks for 2024 here.
When is Central Garden & Pet's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our CENT earnings forecast.
How were Central Garden & Pet's earnings last quarter?: Central Garden & Pet (NASDAQ:CENT) released its earnings results on Monday, November, 20th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.01. The company had revenue of $750.15 million for the quarter, compared to the consensus estimate of $731.81 million. Central Garden & Pet had a trailing twelve-month return on equity of 10.32% and a net margin of 4.06%. During the same quarter in the previous year, the firm earned ($0.03) 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 ProShares Pet Care ETF (PAWZ).Invesco S&P SmallCap Consumer Staples ETF (PSCC).

When did Central Garden & Pet's stock split?: Central Garden & Pet shares split on Friday, February 9th 2024. The 5-4 split was announced on Friday, February 9th 2024. The newly minted shares were distributed to shareholders after the closing bell on Friday, February 9th 2024. An investor that had 100 shares of stock prior to the split would have 125 shares after the split.
What guidance has Central Garden & Pet issued on next quarter's earnings?: Central Garden & Pet updated its FY 2024 earnings guidance on Wednesday, February, 7th. The company provided EPS guidance of 2.500- for the period, compared to the consensus earnings per share estimate of 2.550. 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 Global (BG), Brinker International (EAT), Kroger (KR), Pfizer (PFE), Domtar (UFS) and Verizon Communications (VZ).
Who are Central Garden & Pet's major shareholders?: Central Garden & Pet's stock is owned by many different institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (1.79%), Dimensional Fund Advisors LP (1.44%), GW&K Investment Management LLC (0.21%), Charles Schwab Investment Management Inc. (0.15%), Principal Financial Group Inc. (0.09%) and Bfsg LLC (0.06%). 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 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Central Garden & Pet have any subsidiaries?: The following companies are subsidiares of Central Garden & Pet: Green Garden.
Read More

This page (NASDAQ:CENT) was last updated on 2/12/2024 by MarketBeat.com Staff

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Central Garden & Pet (CENT) Stock Price, News & Analysis

Central Garden & Pet MarketRank™ Stock Analysis

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

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Central Garden & Pet Stock (NASDAQ:CENT)

CENT Stock Price History

CENT Stock News Headlines

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 Analysis - Frequently Asked Questions

Overall MarketRank^™