Key Points
- Director John Ranelli sold 3,668 shares on Feb. 19 at an average price of $34.50 for a total of $126,546, leaving him with 646 shares — an 85.03% reduction in his position.
- Central Garden & Pet reported $0.21 EPS (beat vs. $0.11 est.) but revenue of $617.4M missed forecasts and was down 5.9% YoY, and the company set FY2026 guidance around $2.70 EPS versus analysts’ ~$2.38 estimate.
- The stock trades near $39.39 with a market cap of $2.45B, a P/E of 16.08, a 52-week range of $28.77–$41.25, and a consensus price target of $42.50 amid mixed analyst ratings.
Central Garden & Pet Company (NASDAQ:CENT - Get Free Report) Director John Ranelli sold 3,668 shares of the business's stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $34.50, for a total value of $126,546.00. Following the sale, the director directly owned 646 shares of the company's stock, valued at $22,287. This represents a 85.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Central Garden & Pet Stock Performance
Shares of CENT opened at $39.39 on Tuesday. The business has a 50-day simple moving average of $34.10 and a two-hundred day simple moving average of $33.63. The company has a quick ratio of 1.97, a current ratio of 3.42 and a debt-to-equity ratio of 0.76. Central Garden & Pet Company has a 52 week low of $28.77 and a 52 week high of $41.25. The stock has a market cap of $2.45 billion, a price-to-earnings ratio of 16.08 and a beta of 0.73.
Central Garden & Pet (NASDAQ:CENT - Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.11 by $0.10. The company had revenue of $617.37 million during the quarter, compared to the consensus estimate of $636.62 million. Central Garden & Pet had a return on equity of 10.99% and a net margin of 5.04%.The firm's revenue was down 5.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.21 EPS. Central Garden & Pet has set its FY 2026 guidance at 2.700- EPS. On average, analysts expect that Central Garden & Pet Company will post 2.38 EPS for the current year.
Hedge Funds Weigh In On Central Garden & Pet
Institutional investors have recently bought and sold shares of the stock. ABC Arbitrage SA raised its holdings in shares of Central Garden & Pet by 25.7% during the 2nd quarter. ABC Arbitrage SA now owns 18,102 shares of the company's stock worth $637,000 after acquiring an additional 3,705 shares in the last quarter. American Century Companies Inc. increased its position in Central Garden & Pet by 9.4% in the second quarter. American Century Companies Inc. now owns 258,868 shares of the company's stock worth $9,107,000 after purchasing an additional 22,187 shares during the last quarter. Los Angeles Capital Management LLC raised its stake in Central Garden & Pet by 362.9% during the second quarter. Los Angeles Capital Management LLC now owns 26,340 shares of the company's stock valued at $927,000 after purchasing an additional 20,650 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Central Garden & Pet during the second quarter valued at $713,000. Finally, AlphaQuest LLC grew its stake in shares of Central Garden & Pet by 21.2% in the 2nd quarter. AlphaQuest LLC now owns 20,623 shares of the company's stock worth $726,000 after buying an additional 3,604 shares in the last quarter. 16.13% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on CENT shares. Zacks Research cut shares of Central Garden & Pet from a "strong-buy" rating to a "hold" rating in a research note on Friday, February 6th. CJS Securities raised shares of Central Garden & Pet to a "strong-buy" rating in a report on Thursday, December 11th. Weiss Ratings raised Central Garden & Pet from a "sell (d+)" rating to a "hold (c-)" rating in a report on Monday, February 9th. Finally, Canaccord Genuity Group restated a "buy" rating and issued a $50.00 price objective on shares of Central Garden & Pet in a research report on Tuesday, November 25th. One equities 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's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $42.50.
Check Out Our Latest Stock Report on Central Garden & Pet
Central Garden & Pet Company Profile
(
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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