Central Garden & Pet Co

Central Garden & Pet Co Stock Forecast & Price Prediction

Live Central Garden & Pet Co Stock (CENT) Price
$41.02

7

Ratings

  • Buy 6
  • Hold 1
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$41.02

P/E Ratio

25.32

Volume Traded Today

$92,337

Dividend

$29.2

52 Week High/low

47.48/32.17

Central Garden & Pet Co Market Cap

$2.36B

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CENT Summary

Based on ratings from 7 stock analysts, the Central Garden & Pet Co stock price is expected to increase by 2.39% in 12 months. This is calculated by using the average 12-month stock price forecast for Central Garden & Pet Co. The lowest target is $32 and the highest is $50. Please note analyst price targets are not guaranteed and could be missed completely.

CENT Analyst Ratings

About 7 Wall Street analysts have assigned CENT 6 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect Central Garden & Pet Co to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CENT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

CENT stock forecast by analyst

These are the latest 20 analyst ratings of CENT.

Analyst/Firm

Rating

Price Target

Change

Date

Brian McNamara
Canaccord Genuity

Buy

$45

Maintains

Nov 26, 2024
Bill Chappell
Truist Securities

Buy

$40

Maintains

Oct 16, 2024
Brian McNamara
Canaccord Genuity

Buy

$48

Maintains

Sep 30, 2024
Brian McNamara
Canaccord Genuity

Buy

$49

Maintains

Jul 1, 2024
John Staszak
Argus Research

Buy

$50

Upgrade

May 28, 2024
Brian McNamara
Canaccord Genuity

Buy

$52

Initiates

Mar 12, 2024
Bill Chappell
Truist Securities

Buy

$60

Maintains

Feb 9, 2024
Bill Chappell
Truist Securities

Buy

$50

Reiterates

Sep 21, 2023

Keybanc

Overweight


Maintains

Aug 3, 2023
Bill Chappell
Truist Securities

Buy

$45

Maintains

Apr 19, 2023

Keybanc

Overweight


Maintains

Apr 19, 2023

JP Morgan

Neutral


Maintains

Apr 19, 2023

JP Morgan

Overweight


Maintains

Jan 13, 2023

JP Morgan

Neutral


Maintains

Nov 22, 2022

Keybanc

Overweight


Maintains

Nov 22, 2022

JP Morgan

Neutral


Maintains

Oct 13, 2022
Stefanos Crist
CJS Securities

Market Outperform

$50

Initiates

Aug 25, 2022

Truist Securities

Buy


Maintains

Aug 8, 2022

Keybanc

Overweight


Maintains

Aug 4, 2022

Keybanc

Overweight


Maintains

Jun 23, 2022

CENT Company Information

What They Do: Produces and distributes garden and pet products.

Business Model: The company operates through two segments: Pet and Garden. It generates revenue by selling a wide range of pet supplies and lawn and garden products under various well-known brands to independent distributors, retailers, and online platforms.

Other Information: Founded in 1955 and headquartered in Walnut Creek, California, Central Garden & Pet Company offers a diverse product portfolio, catering to both pet owners and gardening enthusiasts, which positions it well in two stable markets.
CENT
Central Garden & Pet Co (CENT)

When did it IPO

1993

Staff Count

6,700

Country

United States

Sector/Industry

Consumer Defensive/Packaged Foods

CEO

Mr. Nicholas Lahanas

Market Cap

$2.36B

Central Garden & Pet Co (CENT) Financial Data

In 2023, CENT generated $3.31B in revenue, which was a decrease of -0.85% from the previous year. This can be seen as a signal that CENT's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$2.70B

Revenue From 2021

$3.30B

22.56 %
From Previous Year

Revenue From 2022

$3.34B

1.06 %
From Previous Year

Revenue From 2023

$3.31B

-0.85 %
From Previous Year
  • Revenue TTM $3.28B
  • Operating Margin TTM 12.8%
  • Gross profit TTM $943.7M
  • Return on assets TTM 4.5%
  • Return on equity TTM 9.6%
  • Profit Margin 4.4%
  • Book Value Per Share 23.65%
  • Market capitalisation $2.36B
  • Revenue for 2021 $3.30B
  • Revenue for 2022 $3.34B
  • Revenue for 2023 $3.31B
  • EPS this year (TTM) $1.62

Central Garden & Pet Co (CENT) Latest News

News Image

Mon, 09 Dec 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Central Garden & Pet Company (NASDAQ: CENT) will participate in the KeyBanc Capital Markets Consumer Spotlight event on December 12-13, 2024, with a fireside chat on December 12 at 3:55 pm ET.

Why It Matters - Central Garden & Pet's participation in a prominent investor event signals management's commitment to transparency and engagement, potentially influencing investor confidence and stock performance.

News Image

Tue, 03 Dec 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Nylabone, part of Central Garden & Pet (NASDAQ: CENT), donated over $1 million in chew toys and treats to animal welfare groups in 2024 through its Nylabone Caresโ„ข program.

Why It Matters - The substantial donation by Nylabone enhances brand reputation and community goodwill, potentially driving sales growth and positively impacting Central Garden & Pet's stock performance.

News Image

Tue, 03 Dec 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Comfort Zone, a cat calming brand, is launching a campaign targeting singles to challenge negative stereotypes about cat dads ahead of the 2025 cuffing season.

Why It Matters - Comfort Zone's campaign targeting singles during cuffing season highlights a growing market trend in pet products, suggesting potential revenue growth and brand positioning that could attract investors.

News Image

Mon, 25 Nov 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - CENT's Q4 earnings are expected to show weakness in the Pet segment due to a decrease in new pet adoptions.

Why It Matters - CENT's expected decline in pet segment earnings suggests potential revenue challenges, impacting overall profitability and stock performance, raising concerns for investor confidence.

News Image

Mon, 25 Nov 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - Central Garden (CENT) reported a quarterly loss of $0.18 per share, better than the expected loss of $0.20, compared to a profit of $0.08 per share in the same quarter last year.

Why It Matters - Central Garden's smaller-than-expected loss signals potential operational improvements, which may boost investor confidence and influence stock performance positively.

News Image

Tue, 26 Nov 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - Central Garden & Pet reported an 11% decline in net sales for Q4 but is actively managing costs and simplifying its portfolio.

Why It Matters - Net sales decline signals potential challenges for Central Garden & Pet, but cost containment and portfolio simplification may improve future profitability and operational efficiency.

...

CENT Frequently asked questions

The highest forecasted price for CENT is $50 from Stefanos Crist at CJS Securities.

The lowest forecasted price for CENT is $32 from from

The CENT analyst ratings consensus are 6 buy ratings, 1 hold ratings, and 0 sell ratings.