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

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

Central Garden & Pet Stock Down 0.3%

CENTA stock opened at $38.54 on Thursday. The company has a market cap of $2.41 billion, a price-to-earnings ratio of 14.01 and a beta of 0.59. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.16 and a current ratio of 3.45. The business’s 50-day moving average is $37.48 and its two-hundred day moving average is $34.55. Central Garden & Pet has a fifty-two week low of $25.97 and a fifty-two week high of $39.99.

Central Garden & Pet (NASDAQ:CENTA) last issued its earnings results on Wednesday, August 5th. The company reported $1.54 earnings per share for the quarter, topping 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%. The firm had revenue of $882.36 million during the quarter, compared to analyst estimates of $882.96 million. Central Garden & Pet has set its FY 2026 guidance at 2.850- EPS. As a group, analysts forecast that Central Garden & Pet will post 2.89 earnings per share for the current year.

Analyst Upgrades and Downgrades

CENTA has been the topic of a number of recent research reports. Canaccord Genuity Group reduced 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 report on Wednesday, June 17th. Weiss Ratings raised shares of Central Garden & Pet from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday. Wall Street Zen raised shares of Central Garden & Pet from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. JPMorgan Chase & Co. increased their price target on Central Garden & Pet from $32.00 to $37.00 and gave the stock an “underweight” rating in a research report on Thursday, July 16th. Finally, Zacks Research lowered Central Garden & Pet from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Central Garden & Pet presently has an average rating of “Moderate Buy” and a consensus target price of $46.67.

Hedge Funds Weigh In On Central Garden & Pet

Several institutional investors have recently added to or reduced their stakes in CENTA. &PARTNERS acquired a new stake in shares of Central Garden & Pet during the fourth quarter worth $311,000. Commonwealth Equity Services LLC acquired a new stake in shares of Central Garden & Pet in the fourth quarter valued at approximately $265,000. Counterpoint Mutual Funds LLC bought a new stake in Central Garden & Pet during the 4th quarter worth about $310,000. Polymer Capital Management US LLC bought a new stake in Central Garden & Pet during the third quarter worth about $281,000. Finally, Prelude Capital Management LLC acquired a new position in Central Garden & Pet during the third quarter worth $269,000. 50.82% of the stock is owned by institutional investors.

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.