Key Points
- Director John Ranelli sold 3,668 shares on Feb. 19 at an average price of $34.50 for proceeds of $126,546, reducing his stake by 85.03% to 646 shares valued at about $22,287.
- Central Garden & Pet reported Q results with EPS of $0.21 beating the $0.11 consensus while revenue of $617.4M missed estimates, and the company set FY2026 guidance at 2.700 EPS (analysts expect ~2.38).
- The stock trades around $34.80 with a market cap of $2.17B and a P/E of 14.2, and analysts' views are mixed—MarketBeat shows an average rating of "Hold" with a $40.75 average target.
Central Garden & Pet Company (NASDAQ:CENTA - Get Free Report) Director John Ranelli sold 3,668 shares of the company's stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $34.50, for a total value of $126,546.00. Following the completion of the transaction, the director owned 646 shares of the company's stock, valued at approximately $22,287. This represents a 85.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Central Garden & Pet Trading Down 1.2%
CENTA opened at $34.80 on Tuesday. The firm's 50 day moving average is $30.78 and its 200-day moving average is $30.41. Central Garden & Pet Company has a 52-week low of $25.97 and a 52-week high of $37.35. The company has a quick ratio of 1.97, a current ratio of 3.42 and a debt-to-equity ratio of 0.76. The firm has a market capitalization of $2.17 billion, a P/E ratio of 14.20 and a beta of 0.67.
Central Garden & Pet (NASDAQ:CENTA - Get Free Report) last released its quarterly earnings results on Wednesday, February 4th. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.10. The firm had revenue of $617.37 million for the quarter, compared to the consensus estimate of $636.62 million. Central Garden & Pet had a net margin of 5.04% and a return on equity of 10.99%. Central Garden & Pet has set its FY 2026 guidance at 2.700- EPS. Analysts expect that Central Garden & Pet Company will post 2.38 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on the company. KeyCorp reiterated an "overweight" rating on shares of Central Garden & Pet in a research note on Wednesday, December 17th. CJS Securities upgraded shares of Central Garden & Pet to a "strong-buy" rating in a research note on Thursday, December 11th. Wall Street Zen lowered shares of Central Garden & Pet from a "buy" rating to a "hold" rating in a report on Saturday, February 7th. 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 note on Friday, January 16th. Finally, Canaccord Genuity Group raised shares of Central Garden & Pet to a "buy" rating in a research report on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $40.75.
Check Out Our Latest Analysis on Central Garden & Pet
Hedge Funds Weigh In On Central Garden & Pet
A number of large investors have recently bought and sold shares of CENTA. Vanguard Group Inc. grew its holdings in shares of Central Garden & Pet by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 5,804,612 shares of the company's stock valued at $169,437,000 after purchasing an additional 20,819 shares during the last quarter. Victory Capital Management Inc. grew its stake in Central Garden & Pet by 5.5% during the 3rd quarter. Victory Capital Management Inc. now owns 2,217,545 shares of the company's stock worth $65,484,000 after buying an additional 115,706 shares during the last quarter. State Street Corp increased its position in Central Garden & Pet by 3.5% in the second quarter. State Street Corp now owns 2,174,296 shares of the company's stock worth $68,034,000 after buying an additional 73,755 shares during the period. LSV Asset Management lifted its stake in Central Garden & Pet by 53.4% in the fourth quarter. LSV Asset Management now owns 2,123,479 shares of the company's stock valued at $61,984,000 after buying an additional 738,860 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its holdings in shares of Central Garden & Pet by 2.9% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,924,354 shares of the company's stock valued at $55,729,000 after acquiring an additional 54,930 shares during the period. Institutional investors own 50.82% of the company's stock.
Central Garden & Pet Company Profile
(
Get Free Report)
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.
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