Central Garden & Pet (CENTA) to Release Quarterly Earnings on Wednesday

Central Garden & Pet (NASDAQ:CENTA) is projected to issue its results before the market opens on Wednesday, February 4th. Analysts expect the company to announce earnings of $0.12 per share and revenue of $636.62 million for the quarter. Central Garden & Pet has set its FY 2026 guidance at 2.700- EPS.

Central Garden & Pet (NASDAQ:CENTA) last issued its quarterly earnings results on Monday, November 24th. The company reported ($0.09) EPS for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.11. The firm had revenue of $678.00 million for the quarter, compared to analyst estimates of $657.86 million. Central Garden & Pet had a net margin of 5.20% and a return on equity of 11.17%. On average, analysts expect Central Garden & Pet to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Central Garden & Pet Stock Performance

Central Garden & Pet stock opened at $29.16 on Wednesday. Central Garden & Pet has a fifty-two week low of $25.97 and a fifty-two week high of $37.35. The company has a debt-to-equity ratio of 0.75, a quick ratio of 2.33 and a current ratio of 3.67. The stock has a market cap of $1.82 billion, a P/E ratio of 11.44 and a beta of 0.65. The firm’s fifty day moving average price is $29.68 and its 200-day moving average price is $30.79.

Analyst Ratings Changes

Several equities research analysts have issued reports on CENTA shares. Weiss Ratings lowered Central Garden & Pet from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, January 12th. JPMorgan Chase & Co. restated an “underweight” rating and issued a $28.00 target price (down previously from $31.00) on shares of Central Garden & Pet in a research report on Friday, January 16th. Zacks Research cut shares of Central Garden & Pet from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 24th. KeyCorp restated an “overweight” rating on shares of Central Garden & Pet in a report on Wednesday, December 17th. Finally, Canaccord Genuity Group raised shares of Central Garden & Pet to a “buy” rating in a research note on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $40.75.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CENTA. Advisory Services Network LLC bought a new stake in Central Garden & Pet during the 3rd quarter valued at $29,000. EverSource Wealth Advisors LLC raised its stake in shares of Central Garden & Pet by 444.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,001 shares of the company’s stock valued at $31,000 after acquiring an additional 817 shares during the last quarter. Tower Research Capital LLC TRC boosted its holdings in shares of Central Garden & Pet by 239.5% during the second quarter. Tower Research Capital LLC TRC now owns 6,220 shares of the company’s stock worth $195,000 after purchasing an additional 4,388 shares during the period. Vestcor Inc bought a new stake in shares of Central Garden & Pet in the third quarter worth about $208,000. Finally, Aristides Capital LLC grew its stake in shares of Central Garden & Pet by 8.0% in the third quarter. Aristides Capital LLC now owns 8,436 shares of the company’s stock worth $249,000 after purchasing an additional 623 shares during the last quarter. Institutional investors own 50.82% of the company’s stock.

Central Garden & Pet Company Profile

Central Garden & Pet Co is a leading producer, marketer and distributor of branded consumable gardening products and pet supplies in North America. Headquartered in Walnut Creek, California, the company serves both retail and wholesale customers through a network of distribution centers across the United States and Canada. Operating under the ticker symbol CENTA on the NASDAQ exchange, Central Garden & Pet has been publicly traded since 2003.

The company’s Garden segment offers a broad portfolio of lawn and garden care solutions, including fertilizers, weed and pest control products, soil and mulch, and plant care accessories.