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

Central Garden & Pet (NASDAQ:CENT) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 2.200- for the period, compared to the consensus estimate of 2.240. The company issued revenue guidance of -.

Analysts Set New Price Targets

CENT has been the subject of several recent research reports. Argus cut Central Garden & Pet from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 7th. Canaccord Genuity Group reduced their target price on Central Garden & Pet from $48.00 to $45.00 and set a “buy” rating on the stock in a report on Tuesday, November 26th. Finally, Truist Financial lowered their price objective on shares of Central Garden & Pet from $50.00 to $40.00 and set a “buy” rating for the company in a research report on Wednesday, October 16th. One equities research analyst has rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $46.75.

Central Garden & Pet Stock Up 0.7 %

Shares of NASDAQ:CENT traded up $0.27 during midday trading on Wednesday, hitting $37.07. 80,307 shares of the company’s stock were exchanged, compared to its average volume of 87,318. The company has a debt-to-equity ratio of 0.76, a current ratio of 3.66 and a quick ratio of 2.19. The stock has a 50 day moving average price of $38.44 and a 200-day moving average price of $37.65. Central Garden & Pet has a 12 month low of $32.17 and a 12 month high of $47.48. The company has a market cap of $2.43 billion, a PE ratio of 22.91 and a beta of 0.79.

Central Garden & Pet (NASDAQ:CENT) last released its quarterly earnings results on Wednesday, February 5th. The company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.24. Central Garden & Pet had a net margin of 3.37% and a return on equity of 9.31%. On average, sell-side analysts anticipate that Central Garden & Pet will post 2.22 EPS for the current fiscal year.

About Central Garden & Pet

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.