Zacks Research Lowers Q1 2025 Earnings Estimates for Central Garden & Pet (NASDAQ:CENTA)

Central Garden & Pet (NASDAQ:CENTA) has recently seen a decrease in their Q1 2025 earnings estimates, according to research analysts at Zacks Research. The company is now expected to earn $0.01 per share for the quarter, down from their previous estimate of $0.02. Despite this decrease, other research analysts have issued positive reports on the company, with StockNews.com upgrading Central Garden & Pet from a “hold” rating to a “buy” rating.

In addition to the analyst reports, insider transactions at Central Garden & Pet have also been making headlines. Insider John D. Walker III recently sold over 4,000 shares of the company’s stock, while CAO Howard Machek sold 10,000 shares. These transactions have caught the attention of investors and analysts alike.

Institutional investors and hedge funds have also been active in trading Central Garden & Pet stock, with several increasing their holdings in the company. Comerica Bank, Jane Street Group LLC, and California State Teachers Retirement System are just a few of the institutions that have added to their positions in the company.

Overall, Central Garden & Pet has been in the spotlight recently due to a combination of analyst reports, insider transactions, and institutional trading activity. Investors will be keeping a close eye on the company as they navigate through the rest of the year.