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 -.

Analysts Set New Price Targets

Several equities analysts recently issued reports on CENTA shares. Argus cut Central Garden & Pet from a “buy” rating to a “hold” rating in a research note on Tuesday, January 7th. JPMorgan Chase & Co. dropped their price objective on shares of Central Garden & Pet from $32.00 to $31.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Finally, StockNews.com downgraded Central Garden & Pet from a “buy” rating to a “hold” rating in a research note on Wednesday, October 16th. Three research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $41.00.

Central Garden & Pet Stock Performance

NASDAQ:CENTA traded up $0.33 during mid-day trading on Wednesday, hitting $31.69. The stock had a trading volume of 361,867 shares, compared to its average volume of 238,033. The company has a current ratio of 3.66, a quick ratio of 2.19 and a debt-to-equity ratio of 0.76. The company has a 50 day simple moving average of $32.68 and a 200-day simple moving average of $32.28. The stock has a market capitalization of $2.08 billion, a price-to-earnings ratio of 19.59 and a beta of 0.76. Central Garden & Pet has a 52 week low of $27.70 and a 52 week high of $41.03.

Central Garden & Pet (NASDAQ:CENTA) last issued its quarterly earnings data on Monday, November 25th. The company reported ($0.18) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.20) by $0.02. Central Garden & Pet had a return on equity of 9.31% and a net margin of 3.37%. On average, research analysts expect that Central Garden & Pet will post 2.22 earnings per share for the current fiscal year.

About Central Garden & Pet

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.