Central Garden & Pet (NASDAQ:CENTA) Releases Quarterly Earnings Results, Beats Estimates By $0.24 EPS

Central Garden & Pet (NASDAQ:CENTA) released its quarterly earnings results on Wednesday. The company reported $0.21 EPS for the quarter, topping the consensus estimate of ($0.03) by $0.24, Zacks reports. Central Garden & Pet had a net margin of 3.37% and a return on equity of 9.31%. Central Garden & Pet updated its FY 2025 guidance to 2.200- EPS.

Central Garden & Pet Stock Performance

Shares of NASDAQ CENTA opened at $34.36 on Friday. The stock’s fifty day simple moving average is $32.64 and its 200 day simple moving average is $32.29. The stock has a market capitalization of $2.25 billion, a price-to-earnings ratio of 21.24 and a beta of 0.76. The company has a quick ratio of 2.19, a current ratio of 3.66 and a debt-to-equity ratio of 0.76. Central Garden & Pet has a 52-week low of $27.70 and a 52-week high of $41.03.

Analyst Ratings Changes

CENTA has been the topic of a number of research reports. JPMorgan Chase & Co. dropped their price objective on Central Garden & Pet from $32.00 to $31.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Argus cut shares of Central Garden & Pet from a “buy” rating to a “hold” rating in a research report on Tuesday, January 7th. Finally, StockNews.com upgraded shares of Central Garden & Pet from a “hold” rating to a “buy” rating in a research report on Thursday. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $41.00.

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.