Central Garden & Pet (NASDAQ:CENTA – Get Free Report) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.850- for the period, compared to the consensus estimate of 2.950. The company issued revenue guidance of -.
Wall Street Analysts Forecast Growth
CENTA has been the topic of a number of recent analyst reports. Wall Street Zen upgraded Central Garden & Pet from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Canaccord Genuity Group reduced their price objective on Central Garden & Pet from $54.00 to $53.00 and set a “buy” rating for the company in a research report on Wednesday, June 17th. JPMorgan Chase & Co. boosted their target price on shares of Central Garden & Pet from $32.00 to $37.00 and gave the stock an “underweight” rating in a research report on Thursday, July 16th. Weiss Ratings raised shares of Central Garden & Pet from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday. Finally, Zacks Research lowered shares of Central Garden & Pet from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Central Garden & Pet presently has a consensus rating of “Moderate Buy” and a consensus price target of $46.67.
Read Our Latest Stock Analysis on CENTA
Central Garden & Pet Stock Performance
Central Garden & Pet (NASDAQ:CENTA – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $1.54 EPS for the quarter, topping analysts’ consensus estimates of $1.51 by $0.03. Central Garden & Pet had a return on equity of 11.38% and a net margin of 5.39%.The business had revenue of $882.36 million for the quarter, compared to analyst estimates of $882.96 million. Central Garden & Pet has set its FY 2026 guidance at 2.850- EPS. On average, equities analysts forecast that Central Garden & Pet will post 2.89 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of CENTA. Aster Capital Management DIFC Ltd bought a new stake in shares of Central Garden & Pet during the fourth quarter worth $25,000. Advisory Services Network LLC acquired a new position in Central Garden & Pet during the 3rd quarter valued at about $29,000. EverSource Wealth Advisors LLC boosted its stake in shares of Central Garden & Pet by 444.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,001 shares of the company’s stock valued at $31,000 after purchasing an additional 817 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Central Garden & Pet by 239.5% during the second quarter. Tower Research Capital LLC TRC now owns 6,220 shares of the company’s stock worth $195,000 after buying an additional 4,388 shares during the last quarter. Finally, Vestcor Inc acquired a new position in Central Garden & Pet in the third quarter valued at approximately $208,000. Institutional investors and hedge funds own 50.82% of the company’s stock.
Central Garden & Pet Company Profile
Central Garden & Pet Co is a leading producer, marketer and distributor of branded consumable gardening products and pet supplies in North America. Headquartered in Walnut Creek, California, the company serves both retail and wholesale customers through a network of distribution centers across the United States and Canada. Operating under the ticker symbol CENTA on the NASDAQ exchange, Central Garden & Pet has been publicly traded since 2003.
The company’s Garden segment offers a broad portfolio of lawn and garden care solutions, including fertilizers, weed and pest control products, soil and mulch, and plant care accessories.
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