Central Garden & Pet (NASDAQ:CENT) Issues Quarterly Earnings Results

Central Garden & Pet (NASDAQ:CENT) released its earnings results on Wednesday. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.24, Zacks reports. Central Garden & Pet had a net margin of 3.37% and a return on equity of 9.31%. Central Garden & Pet updated its FY 2025 guidance to 2.200- EPS.

Central Garden & Pet Price Performance

Shares of NASDAQ:CENT opened at $40.16 on Friday. The stock has a market capitalization of $2.63 billion, a P/E ratio of 24.82 and a beta of 0.79. The business has a 50-day moving average of $38.38 and a two-hundred day moving average of $37.66. Central Garden & Pet has a fifty-two week low of $32.17 and a fifty-two week high of $47.48. The company has a debt-to-equity ratio of 0.76, a current ratio of 3.66 and a quick ratio of 2.19.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on CENT. Argus lowered Central Garden & Pet from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 7th. Truist Financial cut their price target on Central Garden & Pet from $50.00 to $40.00 and set a “buy” rating for the company in a research note on Wednesday, October 16th. Finally, Canaccord Genuity Group dropped their price objective 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. One 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’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $46.75.

Central Garden & Pet Company Profile

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.