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

Central Garden & Pet (NASDAQ:CENTA) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.200- for the period, compared to the consensus estimate of 2.350. The company issued revenue guidance of -.

Central Garden & Pet Stock Down 4.1 %

CENTA traded down $1.40 during trading hours on Friday, hitting $32.79. 11,516 shares of the company’s stock were exchanged, compared to its average volume of 247,289. The firm has a 50 day moving average of $32.64 and a 200 day moving average of $32.29. The firm has a market cap of $2.15 billion, a P/E ratio of 20.27 and a beta of 0.76. The company has a current ratio of 3.66, a quick ratio of 2.19 and a debt-to-equity ratio of 0.76. Central Garden & Pet has a 12-month low of $27.70 and a 12-month high of $41.03.

Central Garden & Pet (NASDAQ:CENTA) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.24. Central Garden & Pet had a net margin of 3.37% and a return on equity of 9.31%. Analysts predict that Central Garden & Pet will post 2.22 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CENTA has been the subject of several recent analyst reports. StockNews.com raised Central Garden & Pet from a “hold” rating to a “buy” rating in a research note on Thursday. Argus lowered Central Garden & Pet from a “buy” rating to a “hold” rating in a report on Tuesday, January 7th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Central Garden & Pet from $32.00 to $31.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Central Garden & Pet presently has a consensus rating of “Moderate Buy” and a consensus target price of $41.00.

Central Garden & Pet Company Profile

Central Garden & Pet Company produces and distributes various products for the lawn and garden, and pet supplies markets in the United States. It operates through two segments: Pet and Garden. The Pet segment provides 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, and food and supplements; products for equine and livestock; animal and household health and insect control products; aquariums and terrariums, including fixtures and stands, water conditioners and supplements, water pumps and filters, and lighting systems and accessories; and live fish and small animals, as well as outdoor cushions.