<div id="readability-page-1"><p><span>Central Garden &amp; Pet (NASDAQ:CENTA - Get Free Report)</span> had its target price reduced by equities research analysts at JPMorgan Chase &amp; Co.  from $33.00 to $32.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage presently has an &#34;underweight&#34; rating on the stock. JPMorgan Chase &amp; Co.'s price objective would suggest a potential downside of 10.00% from the company's current price.</p><div><p><span></span><span>Get <strong>Central Garden &amp; Pet</strong> alerts:</span></p></div><ul><li>3 Small-Cap Stocks on the Way to Bigger and Better Days</li></ul><p>CENTA has been the topic of several other research reports. Weiss Ratings raised Central Garden &amp; Pet from a &#34;sell (d+)&#34; rating to a &#34;hold (c-)&#34; rating in a report on Tuesday, February 3rd. Wall Street Zen cut Central Garden &amp; Pet from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a report on Saturday, February 7th. Finally, Canaccord Genuity Group raised Central Garden &amp; Pet to a &#34;buy&#34; rating in a report on Friday, January 16th. One research analyst  has rated the stock with a Strong Buy rating, two have given a Buy rating, three have given a Hold rating and one  has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock  has a consensus rating of &#34;Hold&#34; and a consensus price target of $41.75.</p><p><b>Get Our Latest Stock Analysis on Central Garden &amp; Pet</b></p><h2>Central Garden &amp; Pet Stock Performance</h2><p>Shares of CENTA traded up $1.58 during mid-day trading on Friday, reaching $35.56. 59,333 shares of the company's stock traded hands, compared to its average volume of 282,561. The business's 50-day moving average price is $33.12 and its 200-day moving average price is $30.56. The stock has a market capitalization of $2.21 billion, a P/E ratio of 14.51 and a beta of 0.58. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.97 and a current ratio of 3.42. Central Garden &amp; Pet has a 12 month low of $25.97 and a 12 month high of $37.35. </p><p>Central Garden &amp; Pet (NASDAQ:CENTA - Get Free Report) last announced its earnings results on Wednesday, February 4th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.11 by $0.10. Central Garden &amp; Pet had a return on equity of 10.99% and a net margin of 5.04%.The firm had revenue of $617.37 million for the quarter, compared to analysts' expectations of $636.62 million. Central Garden &amp; Pet has set its FY 2026 guidance at 2.700- EPS.  Equities analysts predict that  Central Garden &amp; Pet will post 2.38 earnings per share for the current year. </p><h2>Insider Activity at Central Garden &amp; Pet</h2><p>In other Central Garden &amp; Pet news, Director John Ranelli sold 3,668 shares of Central Garden &amp; Pet stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $34.50, for a total value of $126,546.00. Following the transaction, the director owned 646 shares in the company, valued at approximately $22,287. The trade was a 85.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Brendan Dougher sold 3,250 shares of Central Garden &amp; Pet stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $33.38, for a total transaction of $108,485.00. Following the completion of the transaction, the director owned 12,845 shares in the company, valued at approximately $428,766.10. This trade represents a 20.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own  20.28% of the company's stock. </p><h2>Institutional Inflows and Outflows</h2><p>Hedge funds have recently added to or reduced their stakes in the business. Federated Hermes Inc. boosted its stake in shares of  Central Garden &amp; Pet by 164.0% during the 3rd quarter. Federated Hermes Inc. now owns 858 shares of the company's stock valued at $25,000 after buying an additional 533 shares during the period.  Aster Capital Management DIFC Ltd acquired a new stake in shares of  Central Garden &amp; Pet during the 4th quarter valued at $25,000.  Advisory Services Network LLC acquired a new stake in shares of  Central Garden &amp; Pet during the 3rd quarter valued at $29,000.  EverSource Wealth Advisors LLC boosted its stake in shares of  Central Garden &amp; Pet by 444.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,001 shares of the company's stock valued at $31,000 after buying an additional 817 shares during the period.  Finally, IFP Advisors Inc boosted its stake in shares of  Central Garden &amp; Pet by 198.4% during the 4th quarter. IFP Advisors Inc now owns 1,131 shares of the company's stock valued at $33,000 after buying an additional 752 shares during the period. Institutional investors and hedge funds own  50.82% of the company's stock. </p><h2>Central Garden &amp; Pet Company Profile</h2> (Get Free Report)<p>Central Garden &amp; 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 &amp; Pet has been publicly traded since 2003.  </p><p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Central Garden &amp; Pet</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q0VOVEE?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q0VOVEE"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Central Garden &amp; Pet Right Now?</h2><p>Before you consider Central Garden &amp; Pet, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Central Garden &amp; Pet wasn't on the list.</p><p>While Central Garden &amp; Pet currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

CENTA

<p>JPMorgan Chase & Co. has lowered its price target for Central Garden & Pet (NASDAQ:CENTA) from $33.00 to $32.00, maintaining an "underweight" rating. This suggests a potential downside of 10% from the current price. Other analysts have varied opinions, with ratings ranging from Strong Buy to Sell. The stock is currently trading at $35.56, with a market cap of $2.21 billion. Recent insider trading shows significant share sales by directors. Analysts predict earnings per share of 2.38 for the current year.</p>

Market Beat

Central Garden & Pet

JPMorgan Chase

Defiance Daily Target 2X Long JPM ETF

Federated Hermes

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

JPMorgan Chase & Co. Issues Pessimistic Forecast for Central Garden & Pet (NASDAQ:CENTA) Stock Price