Q1 2025 Earnings Forecast for Central Garden & Pet (NASDAQ:CENTA) Issued By Zacks Research

Central Garden & Pet (NASDAQ:CENTA) – Research analysts at Zacks Research cut their Q1 2025 earnings estimates for shares of Central Garden & Pet in a note issued to investors on Wednesday, May 22nd. Zacks Research analyst S. Singh now expects that the company will earn $0.01 per share for the quarter, down from their prior estimate of $0.02. The consensus estimate for Central Garden & Pet’s current full-year earnings is $2.40 per share. Zacks Research also issued estimates for Central Garden & Pet’s Q2 2025 earnings at $1.04 EPS, Q4 2025 earnings at $0.05 EPS, Q1 2026 earnings at $0.03 EPS and Q2 2026 earnings at $1.07 EPS.

Other research analysts have also issued research reports about the company. StockNews.com raised Central Garden & Pet from a “hold” rating to a “buy” rating in a report on Friday, May 10th. JPMorgan Chase & Co. raised their price objective on shares of Central Garden & Pet from $40.00 to $43.00 and gave the company a “neutral” rating in a research report on Thursday, February 8th. Monness Crespi & Hardt upped their target price on shares of Central Garden & Pet from $39.00 to $42.00 and gave the stock a “buy” rating in a research report on Thursday, May 9th. Finally, Truist Financial raised their price target on Central Garden & Pet from $45.00 to $50.00 and gave the company a “buy” rating in a research report on Monday, May 13th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $41.75.

Central Garden & Pet Trading Down 1.7 %

Shares of CENTA opened at $39.09 on Thursday. Central Garden & Pet has a fifty-two week low of $27.02 and a fifty-two week high of $41.03. The business has a 50-day moving average of $36.60 and a 200 day moving average of $32.87. The firm has a market cap of $2.63 billion, a P/E ratio of 17.56 and a beta of 0.70. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.68 and a current ratio of 3.33.

Insider Transactions at Central Garden & Pet

In other news, insider John D. Walker III sold 4,218 shares of Central Garden & Pet stock in a transaction that occurred on Thursday, May 16th. The shares were sold at an average price of $40.31, for a total value of $170,027.58. Following the completion of the sale, the insider now directly owns 85,063 shares in the company, valued at $3,428,889.53. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Central Garden & Pet news, CAO Howard Machek sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 14th. The shares were sold at an average price of $40.05, for a total transaction of $400,500.00. Following the completion of the sale, the chief accounting officer now directly owns 51,474 shares of the company’s stock, valued at $2,061,533.70. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider John D. Walker III sold 4,218 shares of Central Garden & Pet stock in a transaction on Thursday, May 16th. The stock was sold at an average price of $40.31, for a total transaction of $170,027.58. Following the transaction, the insider now owns 85,063 shares in the company, valued at approximately $3,428,889.53. The disclosure for this sale can be found here. Company insiders own 20.28% of the company’s stock.

Institutional Trading of Central Garden & Pet

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Comerica Bank raised its holdings in shares of Central Garden & Pet by 19.3% during the 1st quarter. Comerica Bank now owns 23,305 shares of the company’s stock worth $860,000 after acquiring an additional 3,767 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of Central Garden & Pet by 1,704.3% in the 1st quarter. Jane Street Group LLC now owns 160,420 shares of the company’s stock worth $5,923,000 after buying an additional 151,529 shares during the last quarter. California State Teachers Retirement System raised its position in shares of Central Garden & Pet by 25.4% during the 1st quarter. California State Teachers Retirement System now owns 53,918 shares of the company’s stock valued at $1,991,000 after buying an additional 10,910 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Central Garden & Pet by 30.6% in the 1st quarter. Janus Henderson Group PLC now owns 23,933 shares of the company’s stock valued at $883,000 after acquiring an additional 5,608 shares during the last quarter. Finally, Bayesian Capital Management LP purchased a new position in Central Garden & Pet in the first quarter worth about $418,000. Institutional investors own 50.82% of the company’s stock.

About Central Garden & Pet

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.