During the last session, Central Garden & Pet Co (NASDAQ:CENTA)’s traded shares were 0.72 million, with the beta value of the company hitting 0.68. At the end of the trading day, the stock’s price was $30.44, reflecting an intraday gain of 0.33% or $0.1. The 52-week high for the CENTA share is $37.31, that puts it down -22.57 from that peak though still a striking 9.0% gain since the share price plummeted to a 52-week low of $27.70. The company’s market capitalization is $1.98B, and the average intraday trading volume over the past 10 days was 0.39 million shares, and the average trade volume was 356.53K shares over the past three months.
Central Garden & Pet Co (NASDAQ:CENTA) trade information
Central Garden & Pet Co (CENTA) registered a 0.33% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.33% in intraday trading to $30.44, hitting a weekly high. The stock’s 5-day price performance is -3.09%, and it has moved by -6.25% in 30 days. Based on these gigs, the overall price performance for the year is -7.25%. The short interest in Central Garden & Pet Co (NASDAQ:CENTA) is 0.67 million shares and it means that shorts have 2.05 day(s) to cover.
The consensus price target of analysts on Wall Street is $60, which implies an increase of 49.27% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $60 and $60 respectively. As a result, CENTA is trading at a discount of -97.11% off the target high and -97.11% off the low.
Central Garden & Pet Co (CENTA) estimates and forecasts
In the rating firms’ projections, revenue will decrease -1.38% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 993.66M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 672.7M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 996.35M and 669.49M respectively. In this case, analysts expect current quarter sales to shrink by -0.27% and then jump by 0.48% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 0.06%. While earnings are projected to return 14.10% in 2025, the next five years will return 8.76% per annum.
CENTA Dividends
Central Garden & Pet Co is due to release its next quarterly earnings on 2025-May-07. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Central Garden & Pet Co (NASDAQ:CENTA)’s Major holders
Central Garden & Pet Co insiders own 3.80% of total outstanding shares while institutional holders control 96.20%, with the float percentage being 100.00%. BLACKROCK INC. is the largest shareholder of the company, while 339.0 institutions own stock in it. As of 2024-06-30, the company held over 8.94 million shares (or 13.5691% of all shares), a total value of $295.13 million in shares.
The next largest institutional holding, with 5.67 million shares, is of VANGUARD GROUP INC’s that is approximately 8.6068% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $187.2 million.
