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

Central Garden & Pet (NASDAQ:CENT) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 2.200- for the period, compared to the consensus estimate of 2.240. The company issued revenue guidance of -.

Central Garden & Pet Price Performance

Central Garden & Pet stock traded up $0.27 during mid-day trading on Wednesday, reaching $37.07. The company had a trading volume of 80,307 shares, compared to its average volume of 87,318. The business has a fifty day simple moving average of $38.44 and a 200 day simple moving average of $37.65. The company has a market cap of $2.43 billion, a P/E ratio of 22.91 and a beta of 0.79. Central Garden & Pet has a fifty-two week low of $32.17 and a fifty-two week high of $47.48. 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 (NASDAQ:CENT) last released its quarterly earnings results on Wednesday, February 5th. The company reported $0.21 earnings per share 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%. On average, equities research analysts predict that Central Garden & Pet will post 2.22 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. Argus downgraded Central Garden & Pet from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 7th. Canaccord Genuity Group dropped their price objective on Central Garden & Pet from $48.00 to $45.00 and set a “buy” rating on the stock in a research note on Tuesday, November 26th. Finally, Truist Financial reduced their price objective 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. One investment 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 stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $46.75.

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.