Stock of the Day

December 9, 2019

Central Garden & Pet (CENTA)

$37.21
-$0.60 (-1.6%)
Market Cap: $2.37B

About Central Garden & Pet

Central Garden & Pet Co. engages in the production and distribution of branded and private label products for the lawn, garden, and pet supplies markets. It operates through the Pet and Garden segments. The Pet segment focuses on 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, food and supplements, products for equine and livestock, animal and household health and insect control products, live fish, and small animals, as well as outdoor cushions. The Garden segment includes lawn and garden consumables such as grass, vegetable, flower and herb seed, wild bird feed, bird houses and other birding accessories, weed, grass, and other herbicides, insecticide and pesticide products, fertilizers, and live plants. The company was founded by William E. Brown in 1980 and is headquartered in Walnut Creek, CA.

Today's Trend

Central Garden & Pet Company (NASDAQ: CENTA) shares have increased modestly, while investors weigh updated earnings forecasts from Zacks Research against the firm’s neutral “Hold” rating.

  • Zacks projects earnings growth to $3.02 per share in fiscal 2028, slightly above its $2.94 fiscal 2026 estimate, suggesting a gradual improvement in profitability over the forecast period.
  • The updated quarterly outlook calls for EPS of $0.14 in Q1 2027, $1.26 in Q2, $1.58 in Q3, and a $0.05 loss in Q4. For fiscal 2028, Zacks estimates EPS of $0.16 in Q1, $1.28 in Q2, and $1.60 in Q3, reflecting Central Garden & Pet’s seasonal earnings pattern.
  • Zacks’ $2.94 fiscal 2026 EPS estimate is below the $3.00 consensus forecast, while its $2.93 fiscal 2027 projection is also below the current-year consensus. The repeated “Hold” rating provides no new bullish catalyst.

Overall, the news is largely neutral to slightly negative: longer-term earnings are expected to improve, but near-term estimates remain below consensus and include a projected seasonal fourth-quarter loss. The impact on CENTA is likely limited because the reports primarily repeat or refine existing analyst expectations rather than announce a material change in the company’s operations or guidance.

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