Analyst Ratings and Insider Activity for Central Garden & Pet

Shares of Central Garden & Pet (NASDAQ:CENTA) have been receiving positive attention from analysts, with a consensus rating of “Moderate Buy” from four analysts covering the company. This comes after several analysts raised their price targets and ratings for the stock, with Monness Crespi & Hardt, JPMorgan Chase & Co., StockNews.com, and Truist Financial all giving positive assessments.

In terms of insider activity, Director John Ranelli and CFO Nicholas Lahanas have recently sold shares of Central Garden & Pet, with significant transactions taking place in February. Additionally, institutional investors and hedge funds have been actively buying and selling shares of the company, with notable investments from LSV Asset Management, Pathstone Family Office LLC, and New York State Common Retirement Fund.

Central Garden & Pet’s price performance has been strong, with the stock opening at $40.23 on Thursday. The company recently reported earnings results that exceeded analysts’ expectations, with a net margin of 4.49% and a return on equity of 11.30%. Analysts anticipate that Central Garden & Pet will post 2.37 earnings per share for the current year.

Central Garden & Pet is a company that produces and distributes products for the lawn and garden, and pet supplies markets in the United States. With a focus on providing a wide range of products for pets and outdoor living, the company has seen positive growth and attention from investors.

Overall, Central Garden & Pet’s recent performance and analyst ratings indicate a positive outlook for the company. Investors and analysts will be keeping a close eye on future developments and earnings reports to see how the company continues to perform in the market.