Central Garden & Pet Company (CENT)
NASDAQ: CENT · IEX Real-Time Price · USD
43.45
0.00 (0.00%)
May 31, 2024, 4:00 PM EDT - Market closed
CENT Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for CENT stock have an average target of 54, with a low estimate of 50 and a high estimate of 60. The average target predicts an increase of 24.28% from the current stock price of 43.45.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CENT stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Argus Research | Argus Research | Hold → Strong Buy Upgrades $50 | Hold → Strong Buy | Upgrades | $50 | +15.07% | May 28, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Initiates $52 | Strong Buy | Initiates | $52 | +19.68% | Mar 12, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $50 → $60 | Strong Buy | Maintains | $50 → $60 | +38.09% | Feb 9, 2024 |
| Truist Securities | Truist Securities | Strong Buy Reiterates $40 | Strong Buy | Reiterates | $40 | -7.94% | Sep 21, 2023 |
| Truist Securities | Truist Securities | Strong Buy Maintains $48 → $36 | Strong Buy | Maintains | $48 → $36 | -17.15% | Apr 19, 2023 |
Financial Forecast
Revenue This Year
3.32B
from 3.31B
Increased by 0.15%
Revenue Next Year
3.39B
from 3.32B
Increased by 2.32%
EPS This Year
2.31
from 1.88
Increased by 22.98%
EPS Next Year
2.53
from 2.31
Increased by 9.41%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.4B | 3.5B | 3.6B | 3.8B | 3.9B |
| Avg | 3.3B | 3.4B | 3.5B | 3.7B | 3.8B |
| Low | 3.2B | 3.2B | 3.3B | 3.5B | 3.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.2% | 6.5% | 7.3% | 7.6% | 6.2% |
| Avg | 0.1% | 2.3% | 2.9% | 4.6% | 3.2% |
| Low | -4.6% | -3.1% | -2.4% | 0.5% | -0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.61 | 2.89 | 3.11 | 3.09 | 3.40 |
| Avg | 2.31 | 2.53 | 2.84 | 3.00 | 3.30 |
| Low | 2.07 | 2.33 | 2.56 | 2.88 | 3.18 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 39.1% | 24.9% | 22.9% | 8.7% | 13.4% |
| Avg | 23.0% | 9.4% | 12.3% | 5.6% | 10.2% |
| Low | 10.0% | 0.9% | 1.1% | 1.4% | 5.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.