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

Central Garden & Pet (NASDAQ:CENT) updated its FY 2025 earnings guidance on Wednesday. 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 -.

Central Garden & Pet Stock Down 5.5 %

Shares of Central Garden & Pet stock traded down $2.22 on Friday, reaching $37.94. The company’s stock had a trading volume of 32,040 shares, compared to its average volume of 90,573. Central Garden & Pet has a 52 week low of $32.17 and a 52 week high of $47.48. The firm’s fifty day simple moving average is $38.38 and its two-hundred day simple moving average is $37.66. The company has a quick ratio of 2.19, a current ratio of 3.66 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $2.49 billion, a price-to-earnings ratio of 23.53 and a beta of 0.79.

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

Analyst Upgrades and Downgrades

CENT has been the subject of a number of research analyst reports. Truist Financial cut their target price on shares of Central Garden & Pet from $50.00 to $40.00 and set a “buy” rating for the company in a research 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 on the stock in a research report on Tuesday, November 26th. One 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 company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $46.75.

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.