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

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

Analyst Upgrades and Downgrades

CENT has been the topic of a number of research analyst reports. Canaccord Genuity Group lowered their price target 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. Argus downgraded Central Garden & Pet from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 7th. Finally, Truist Financial lowered their price objective on shares of 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. One analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $46.75.

Central Garden & Pet Price Performance

Shares of NASDAQ CENT traded up $2.87 during midday trading on Thursday, reaching $39.94. 50,212 shares of the stock traded hands, compared to its average volume of 85,641. Central Garden & Pet has a one year low of $32.17 and a one year high of $47.48. The stock has a market capitalization of $2.62 billion, a PE ratio of 24.68 and a beta of 0.79. The company’s 50 day moving average is $38.38 and its 200 day moving average is $37.65. The company has a debt-to-equity ratio of 0.76, a current ratio of 3.66 and a quick ratio of 2.19.

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

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.