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

Central Garden & Pet (NASDAQ:CENT - Get Free Report) 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 -.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on CENT. Truist Financial dropped their target price on shares of Central Garden & Pet from $50.00 to $40.00 and set a "buy" rating on the stock in a report on Wednesday, October 16th. Argus lowered Central Garden & Pet from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 7th. Finally, Canaccord Genuity Group decreased their price target on shares of Central Garden & Pet from $48.00 to $45.00 and set a "buy" rating for the company in a report on Tuesday, November 26th. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Central Garden & Pet presently has a consensus rating of "Buy" and an average target price of $46.75.

Central Garden & Pet Stock Down 4.1 %

NASDAQ:CENT traded down $1.66 during trading hours on Friday, reaching $38.50. The company's stock had a trading volume of 142,555 shares, compared to its average volume of 85,463. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.47 and a quick ratio of 2.19. The company has a market cap of $2.53 billion, a price-to-earnings ratio of 21.15 and a beta of 0.79. The business's 50-day moving average is $38.36 and its 200-day moving average is $37.65. Central Garden & Pet has a one year low of $32.17 and a one year high of $47.48.

Central Garden & Pet (NASDAQ:CENT - Get Free Report) last posted its earnings results 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 net margin of 3.77% and a return on equity of 10.08%. Equities research analysts predict that Central Garden & Pet will post 2.2 EPS for the current year.

Central Garden & Pet Company Profile

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.