Central Garden & Pet (NASDAQ:CENTA) Updates FY 2026 Earnings Guidance

Central Garden & Pet (NASDAQ:CENTA) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.850- for the period, compared to the consensus EPS estimate of 2.950. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several research firms have weighed in on CENTA. JPMorgan Chase & Co. lifted their target price on Central Garden & Pet from $32.00 to $37.00 and gave the company an “underweight” rating in a research report on Thursday, July 16th. Wall Street Zen raised shares of Central Garden & Pet from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Weiss Ratings raised shares of Central Garden & Pet from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, July 21st. Zacks Research cut shares of Central Garden & Pet from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. Finally, Canaccord Genuity Group cut their target price on shares of Central Garden & Pet from $54.00 to $53.00 and set a “buy” rating on the stock in a research note on Wednesday, June 17th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Central Garden & Pet currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.67.

Central Garden & Pet Stock Down 0.3%

Central Garden & Pet stock traded down $0.11 during trading on Wednesday, reaching $38.54. The stock had a trading volume of 202,700 shares, compared to its average volume of 309,014. Central Garden & Pet has a 52-week low of $25.97 and a 52-week high of $39.99. The business has a 50 day moving average price of $37.40 and a 200 day moving average price of $34.49. The company has a quick ratio of 2.16, a current ratio of 3.45 and a debt-to-equity ratio of 0.72. The stock has a market cap of $2.41 billion, a PE ratio of 14.01 and a beta of 0.59.

Central Garden & Pet (NASDAQ:CENTA) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $1.54 EPS for the quarter, beating analysts’ consensus estimates of $1.51 by $0.03. Central Garden & Pet had a net margin of 5.42% and a return on equity of 11.55%. Central Garden & Pet has set its FY 2026 guidance at 2.850- EPS. On average, analysts predict that Central Garden & Pet will post 2.89 EPS for the current year.

Institutional Trading of Central Garden & Pet

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Aristides Capital LLC lifted its holdings in Central Garden & Pet by 8.0% during the 3rd quarter. Aristides Capital LLC now owns 8,436 shares of the company’s stock worth $249,000 after buying an additional 623 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Central Garden & Pet by 2.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,421 shares of the company’s stock valued at $996,000 after acquiring an additional 743 shares during the last quarter. California State Teachers Retirement System increased its holdings in shares of Central Garden & Pet by 1.5% in the 2nd quarter. California State Teachers Retirement System now owns 50,530 shares of the company’s stock valued at $1,581,000 after acquiring an additional 771 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Central Garden & Pet by 444.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,001 shares of the company’s stock worth $31,000 after acquiring an additional 817 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new stake in shares of Central Garden & Pet during the 4th quarter worth about $25,000. 50.82% of the stock is currently owned by institutional investors and hedge funds.

About Central Garden & Pet

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.