Key Points
- Director Brendan Dougher sold 3,250 shares on Feb. 10 at an average price of $33.38 for $108,485, reducing his stake by 20.19% to 12,845 shares (about $428,766), according to an SEC filing.
- Central Garden & Pet reported $0.21 EPS for the quarter (beating estimates by $0.10) but revenue of $617.37M missed expectations and was down 5.9% year-over-year; the company set FY2026 guidance at 2.700 EPS and analysts have a consensus EPS of 2.38 with a consensus price target of $42.50 ("Moderate Buy").
Central Garden & Pet Company (NASDAQ:CENT - Get Free Report) Director Brendan Dougher sold 3,250 shares of the firm's stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $33.38, for a total transaction of $108,485.00. Following the sale, the director owned 12,845 shares in the company, valued at approximately $428,766.10. This trade represents a 20.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Central Garden & Pet Trading Down 1.1%
Shares of CENT opened at $37.34 on Thursday. The company has a market capitalization of $2.33 billion, a PE ratio of 15.24 and a beta of 0.73. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.97 and a current ratio of 3.42. Central Garden & Pet Company has a fifty-two week low of $28.77 and a fifty-two week high of $41.25. The stock has a fifty day moving average of $33.28 and a two-hundred day moving average of $33.68.
Central Garden & Pet (NASDAQ:CENT - Get Free Report) last released its earnings results on Wednesday, February 4th. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.10. Central Garden & Pet had a return on equity of 10.99% and a net margin of 5.04%.The firm had revenue of $617.37 million for the quarter, compared to the consensus estimate of $636.62 million. During the same period in the prior year, the business posted $0.21 earnings per share. The firm's revenue for the quarter was down 5.9% compared to the same quarter last year. Central Garden & Pet has set its FY 2026 guidance at 2.700- EPS. As a group, analysts forecast that Central Garden & Pet Company will post 2.38 EPS for the current year.
Analysts Set New Price Targets
A number of research analysts have weighed in on the stock. CJS Securities raised shares of Central Garden & Pet to a "strong-buy" rating in a research report on Thursday, December 11th. Weiss Ratings raised shares of Central Garden & Pet from a "sell (d+)" rating to a "hold (c-)" rating in a report on Monday. Zacks Research lowered shares of Central Garden & Pet from a "strong-buy" rating to a "hold" rating in a report on Friday, February 6th. Finally, Canaccord Genuity Group reiterated a "buy" rating and set a $50.00 target price on shares of Central Garden & Pet in a research note on Tuesday, November 25th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $42.50.
Get Our Latest Research Report on Central Garden & Pet
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. increased its position in Central Garden & Pet by 632.3% in the third quarter. Russell Investments Group Ltd. now owns 974 shares of the company's stock worth $32,000 after buying an additional 841 shares during the period. Quarry LP bought a new position in shares of Central Garden & Pet during the third quarter worth about $35,000. Stenger Family Office LLC bought a new position in shares of Central Garden & Pet during the second quarter worth about $48,000. CWM LLC increased its holdings in shares of Central Garden & Pet by 222.4% in the 2nd quarter. CWM LLC now owns 1,412 shares of the company's stock worth $50,000 after acquiring an additional 974 shares during the period. Finally, Tower Research Capital LLC TRC lifted its position in Central Garden & Pet by 152.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,920 shares of the company's stock valued at $68,000 after purchasing an additional 1,159 shares during the last quarter. 16.13% of the stock is currently owned by institutional investors.
About Central Garden & Pet
(
Get Free Report)
Central Garden & Pet (NASDAQ: CENT) is a leading North American specialty retailer, manufacturer and distributor serving the lawn and garden and pet supplies markets. The company operates through two primary segments: Pet and Garden. In the Pet segment, Central Garden & Pet offers a comprehensive range of products including pet food, treats, accessories, training products and habitat solutions for dogs, cats, birds, fish and small animals. The Garden segment encompasses a wide array of lawn, garden and outdoor living products, such as soils, fertilizers, planters, pest control solutions, landscape lighting and watering equipment.
Central Garden & Pet's product portfolio includes both proprietary and branded offerings.
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