Central Garden & Pet (NASDAQ:CENT) Releases FY 2025 Earnings Guidance

Central Garden & Pet (NASDAQ:CENTGet Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 2.200- for the period, compared to the consensus estimate of 2.440. The company issued revenue guidance of -. Central Garden & Pet also updated its FY25 guidance to $2.20 or better EPS.

Central Garden & Pet Stock Performance

Shares of CENT opened at $39.83 on Wednesday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 2.16 and a current ratio of 3.66. The stock has a 50 day moving average price of $35.79 and a two-hundred day moving average price of $38.64. The firm has a market capitalization of $2.69 billion, a P/E ratio of 24.62 and a beta of 0.75. Central Garden & Pet has a 52 week low of $31.31 and a 52 week high of $47.48.

Wall Street Analysts Forecast Growth

CENT has been the topic of a number of research analyst reports. Truist Financial cut their target price on Central Garden & Pet from $50.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, October 16th. Canaccord Genuity Group cut their target price on Central Garden & Pet from $48.00 to $45.00 and set a “buy” rating on the stock in a research note on Tuesday. Three analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $46.75.

Check Out Our Latest Stock Report on Central Garden & Pet

Insider Activity at Central Garden & Pet

In related news, Chairman William E. Brown sold 60,000 shares of the company’s stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $33.54, for a total value of $2,012,400.00. Following the transaction, the chairman now owns 1,125,773 shares in the company, valued at approximately $37,758,426.42. This represents a 5.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 9.53% of the stock is owned by company insiders.

Central Garden & Pet Company Profile

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Central Garden & Pet (NASDAQ:CENT)

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