Central Garden & Pet
CENT

$39.45

1.49%

Market Cap: 2.66B

About: Central Garden & Pet Co understands that home is central to life and has nurtured happy and healthy homes for over forty years. The segments of the company are the pet segment and garden segment. The company's trusted products are dedicated to helping lawns grow greener, gardens bloom bigger, pets live healthier and communities grow stronger. Central is home to a portfolio of more than sixty-five brands including Pennington, Nylabone, Kaytee, Amdro, and Aqueon, manufacturing and distribution capabilities, and a passionate, entrepreneurial growth culture. Central Garden and Pet is based in Walnut Creek, California, and has offices across North America and Europe.

Employees: 6,700

Consumer Staples Miscellaneous Nondurable Goods

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 4 analysts

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

18% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 11

9.37% more ownership

Funds ownership: 97.77% [Q4 2023] → 107.15% (+9.37%) [Q1 2024]

2% more funds holding

Funds holding: 127 [Q4 2023] → 129 (+2) [Q1 2024]

6% less capital invested

Capital invested by funds: $543M [Q4 2023] → $508M (-$34.3M) [Q1 2024]

34% less repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 44

69% less call options, than puts

Call options by funds: $4K | Put options by funds: $13K

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Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$49

24%

upside

Avg. target

$53

34%

upside

High target

$60

52%

upside

4 analyst ratings

4 positive

100%

0 neutral

0%

0 negative

0%

Canaccord Genuity Brian McNamara	24%upside $49	Buy Maintained	1 Jul 2024
Argus Research John Staszak	27%upside $50	Buy Upgraded	28 May 2024
Canaccord Genuity Brian McNamara	32%upside $52	Buy Initiated	12 Mar 2024
Truist Securities Bill Chappell	52%upside $60	Buy Maintained	9 Feb 2024

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Financial journalist opinion

Zacks Investment Research

New Strong Sell Stocks for July 22nd

BAMXF, BOH and CENT have been added to the Zacks Rank #5 (Strong Sell) List on July 22, 2024.

New Strong Sell Stocks for July 22nd

Nylabone Sponsors Reunification of Retired Military Dog with Former Handler

NEPTUNE CITY, N.J.--(BUSINESS WIRE)---- $CENT #AmericanHumane--Nylabone, an iconic brand in the Central Garden & Pet portfolio (NASDAQ: CENT) (NASDAQ: CENTA), partnered with American Humane to sponsor the reunification of a retired U.S. Air Force explosive detection dog with his former handler, a Senior Airman in the U.S. Air Force. The nine-year-old German Shepherd, Maci, reconnected with Senior Airman Hadiya in late May. This sponsorship helped pay for Maci's transportation to Oklahoma—where the pair began their n.

Nylabone Sponsors Reunification of Retired Military Dog with Former Handler

Zacks Investment Research

Zacks Industry Outlook Reynolds, Central Garden & Pet, The Honest and Lifetime Brands

Reynolds, Central Garden & Pet, The Honest and Lifetime Brands have been highlighted in this Industry Outlook article.

Zacks Industry Outlook Reynolds, Central Garden & Pet, The Honest and Lifetime Brands

Zacks Investment Research

4 Stocks to Watch in a Promising Consumer Products-Discretionary Industry

Reynolds (REYN), Central Garden & Pet (CENT), The Honest Company (HNST) and Lifetime Brands (LCUT) focus on a superior product strategy and prudent capital investments.

4 Stocks to Watch in a Promising Consumer Products-Discretionary Industry

Aqueon® Launches BlueIQ™ App for Smart and Easy Aquarium Care

FRANKLIN, Wis.--(BUSINESS WIRE)-- #AqueonBlueIQ--Aqueon, a leading aquatic solution brand in the Central Garden & Pet portfolio (NASDAQ: CENT) (NASDAQ: CENTA), announced today the launch of the brand's first app, BlueIQ. Created to provide an end-to-end solution for new and experienced fish keepers, the app offers guides, tips, and tricks that take the guesswork out of aquarium maintenance to provide the ultimate experience for the fish we love. The first products to be compatible with the new BlueIQ app a.

Aqueon® Launches BlueIQ™ App for Smart and Easy Aquarium Care

The 7 Most Undervalued Under-$50 Stocks to Buy in June 2024

For many investors, especially those who are just building a portfolio, undervalued stocks under $50 hold significant appeal. Investors can start a significant position, in terms of shares owned, for a small investment.

The 7 Most Undervalued Under-$50 Stocks to Buy in June 2024

Central Garden & Pet to Participate in a Fireside Chat at the Virtual Oppenheimer 24th Annual Consumer Growth and E-Commerce Conference

WALNUT CREEK, Calif.--(BUSINESS WIRE)---- $CENT #Consumer--Central Garden & Pet to Participate in a Fireside Chat at the Virtual Oppenheimer 24th Annual Consumer Growth and E-Commerce Conference.

Central Garden & Pet to Participate in a Fireside Chat at the Virtual Oppenheimer 24th Annual Consumer Growth and E-Commerce Conference

Zacks Investment Research

Central Garden & Pet (CENT) Q2 Earnings Beat, Margins Expand

Central Garden & Pet's (CENT) second-quarter results reflect a net sales increase of 1.1% in the Pet segment. The company has been containing costs and simplifying the business.

Central Garden & Pet (CENT) Q2 Earnings Beat, Margins Expand

Leading Horse Care Brand Farnam and Country Music Trio The Castellows Partner in New Music-Led Campaign “Everything for the Ride” Honoring Lifelong Bonds with Horses

PHOENIX--(BUSINESS WIRE)-- #everythingfortheride--Farnam, a leading horse care brand for over 75 years in the Central Garden & Pet portfolio (NASDAQ: CENT) (NASDAQ: CENTA), and the Neo-Traditional Country music family trio, The Castellows, announced today “Everything for the Ride,” a music-led campaign celebrating the lifelong bonds with horses. The campaign is a tribute to horse ownership's many twists and turns and how Farnam is there for every single moment of the long ride together. Rooted in music's unique ro.

Central Garden & Pet Company (CENT) Q2 2024 Earnings Call Transcript

Central Garden & Pet Company (NASDAQ:CENT ) Q2 2024 Earnings Conference Call May 8, 2024 4:30 PM ET Company Participants Friederike Edelmann - Vice President of Investor Relations Mary Beth Springer - Interim Chief Executive Officer Nicholas Lahanas - Chief Financial Officer J.D. Walker - President of Garden Consumer Products John Hanson - President of Pet Consumer Products Conference Call Participants Bill Chappell - Truist Securities Bradley Thomas - KeyBanc Capital Markets Jim Chartier - Monness, Crespi & Hardt Peter Lukas - CJS Securities Brian McNamara - Canaccord Genuity Shovana Chowdhury - JPMorgan Operator Ladies and gentlemen, thank you for standing by.

Central Garden & Pet Company (CENT) Q2 2024 Earnings Call Transcript

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