In a report released yesterday, Bill Chappell from Truist Financial maintained a Buy rating on Central Garden Pet (CENT – Research Report), with a price target of $45.00. The company’s shares closed yesterday at $41.73.
According to TipRanks, Chappell is a 4-star analyst with an average return of 4.6% and a 53.04% success rate. Chappell covers the Consumer Defensive sector, focusing on stocks such as Monster Beverage, MGP Ingredients, and Freshpet.
Central Garden Pet has an analyst consensus of Moderate Buy, with a price target consensus of $44.67.
CENT market cap is currently $2.37B and has a P/E ratio of 16.51.
Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CENT in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Central Garden Pet (CENT) Company Description:
Central Garden & Pet Co. engages in the innovation, production, and distribution of branded private label products for the lawn and garden and pet supplies markets. It operates through Pet and Garden segments. The Pet segment consists of Four Paws Products, TFH Publications, Kaytee, Aquatics, Interpet, Pets International, Breeder’s Choice, and Life Sciences. The Garden segment consists of Pennington Seed, Matthews Four Seasons, Grant’s, AMBRANDS, Lilly Miller, the Pottery Group, Gulfstream, and GKI/Bethlehem Lighting. The company was founded by William E. Brown in 1980 and is headquartered in Walnut Creek, CA.
