Central Garden & Pet (NASDAQ:CENTA) Updates FY 2026 Earnings Guidance

Central Garden & Pet (NASDAQ:CENTA) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided earnings per share guidance of 2.700- for the period, compared to the consensus earnings per share estimate of 2.740. The company issued revenue guidance of -.

Central Garden & Pet Price Performance

Shares of NASDAQ:CENTA traded down $0.65 during trading on Monday, reaching $28.59. 560,911 shares of the company traded hands, compared to its average volume of 366,853. The firm has a market capitalization of $1.80 billion, a PE ratio of 13.00 and a beta of 0.63. The company has a quick ratio of 2.28, a current ratio of 3.56 and a debt-to-equity ratio of 0.75. Central Garden & Pet has a 52 week low of $25.97 and a 52 week high of $37.35. The company’s 50 day moving average is $28.80 and its two-hundred day moving average is $31.39.

Central Garden & Pet (NASDAQ:CENTA) last released its earnings results on Monday, November 24th. The company reported ($0.09) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.21) by $0.12. Central Garden & Pet had a net margin of 4.44% and a return on equity of 10.77%. Central Garden & Pet has set its FY 2026 guidance at 2.700- EPS. As a group, sell-side analysts predict that Central Garden & Pet will post 2.38 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have commented on CENTA shares. Wall Street Zen downgraded Central Garden & Pet from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. JPMorgan Chase & Co. cut their price objective on shares of Central Garden & Pet from $35.00 to $30.00 and set a “neutral” rating on the stock in a report on Thursday, October 23rd. Zacks Research lowered Central Garden & Pet from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 24th. Weiss Ratings reiterated a “hold (c)” rating on shares of Central Garden & Pet in a research report on Thursday, October 30th. Finally, Canaccord Genuity Group raised their price target on Central Garden & Pet from $45.00 to $50.00 and gave the company a “buy” rating in a report on Thursday, August 7th. One research analyst has rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Central Garden & Pet presently has an average rating of “Hold” and a consensus price target of $38.33.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CENTA. State Street Corp increased its holdings in Central Garden & Pet by 3.5% in the 2nd quarter. State Street Corp now owns 2,174,296 shares of the company’s stock valued at $68,034,000 after purchasing an additional 73,755 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of Central Garden & Pet by 13.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 861,479 shares of the company’s stock valued at $26,956,000 after purchasing an additional 105,209 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Central Garden & Pet by 181.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 549,355 shares of the company’s stock worth $16,222,000 after purchasing an additional 354,016 shares during the period. Bank of America Corp DE boosted its position in shares of Central Garden & Pet by 0.5% in the 2nd quarter. Bank of America Corp DE now owns 449,007 shares of the company’s stock worth $14,049,000 after buying an additional 2,360 shares in the last quarter. Finally, Qube Research & Technologies Ltd lifted its holdings in Central Garden & Pet by 52.8% in the 3rd quarter. Qube Research & Technologies Ltd now owns 391,758 shares of the company’s stock valued at $11,569,000 after purchasing an additional 135,340 shares in the last quarter. Hedge funds and other institutional investors own 50.82% of the company’s stock.

About Central Garden & Pet

Central Garden & Pet Co engages in the production and distribution of branded and private label products for the lawn, garden, and pet supplies markets. It operates through the Pet and Garden segments. The Pet segment focuses on 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, food and supplements, products for equine and livestock, animal and household health and insect control products, live fish, and small animals, as well as outdoor cushions.