What is Zacks Research's Estimate for CENTA FY2025 Earnings?

Central Garden & Pet (NASDAQ:CENTA - Free Report) - Analysts at Zacks Research lifted their FY2025 earnings per share estimates for Central Garden & Pet in a research report issued to clients and investors on Wednesday, February 19th. Zacks Research analyst S. Singh now expects that the company will earn $2.35 per share for the year, up from their prior estimate of $2.22. The consensus estimate for Central Garden & Pet's current full-year earnings is $2.38 per share. Zacks Research also issued estimates for Central Garden & Pet's Q4 2025 earnings at ($0.15) EPS, Q1 2026 earnings at $0.16 EPS, Q4 2026 earnings at ($0.13) EPS, FY2026 earnings at $2.40 EPS and Q1 2027 earnings at $0.18 EPS.

Central Garden & Pet (NASDAQ:CENTA - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of ($0.03) by $0.24. Central Garden & Pet had a return on equity of 10.08% and a net margin of 3.77%.

Several other brokerages also recently weighed in on CENTA. StockNews.com raised shares of Central Garden & Pet from a "hold" rating to a "buy" rating in a research note on Thursday, February 6th. JPMorgan Chase & Co. lowered their price objective on shares of Central Garden & Pet from $32.00 to $31.00 and set a "neutral" rating for the company in a research report on Thursday, January 16th. Finally, Argus lowered shares of Central Garden & Pet from a "buy" rating to a "hold" rating in a research note on Tuesday, January 7th. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Central Garden & Pet currently has a consensus rating of "Moderate Buy" and an average target price of $41.00.

Central Garden & Pet Stock Performance

Shares of CENTA traded down $0.72 during mid-day trading on Monday, reaching $30.72. 354,634 shares of the company's stock were exchanged, compared to its average volume of 278,156. The business's fifty day simple moving average is $32.05 and its 200-day simple moving average is $32.18. Central Garden & Pet has a 52-week low of $27.70 and a 52-week high of $41.03. The stock has a market capitalization of $2.01 billion, a PE ratio of 16.88 and a beta of 0.76. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.47 and a quick ratio of 1.97.

Institutional Investors Weigh In On Central Garden & Pet

Several hedge funds and other institutional investors have recently modified their holdings of CENTA. Smartleaf Asset Management LLC raised its holdings in Central Garden & Pet by 668.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 930 shares of the company's stock valued at $31,000 after acquiring an additional 809 shares during the period. CWM LLC boosted its stake in Central Garden & Pet by 72.6% during the 3rd quarter. CWM LLC now owns 1,957 shares of the company's stock valued at $61,000 after purchasing an additional 823 shares during the last quarter. KBC Group NV lifted its stake in shares of Central Garden & Pet by 43.8% in the 3rd quarter. KBC Group NV now owns 2,402 shares of the company's stock worth $75,000 after purchasing an additional 732 shares during the period. Venturi Wealth Management LLC purchased a new position in shares of Central Garden & Pet during the 4th quarter valued at $102,000. Finally, Quantbot Technologies LP boosted its position in shares of Central Garden & Pet by 253.7% during the third quarter. Quantbot Technologies LP now owns 3,891 shares of the company's stock worth $122,000 after acquiring an additional 2,791 shares during the last quarter. Institutional investors own 50.82% of the company's stock.

Insiders Place Their Bets

In related news, insider John D. Walker III sold 10,000 shares of the stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $32.86, for a total transaction of $328,600.00. Following the sale, the insider now owns 67,111 shares in the company, valued at approximately $2,205,267.46. This trade represents a 12.97 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 20.28% 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.