Central Garden Pet Stock Today

CENTA Stock  USD 33.88  0.22  0.65%   

Performance

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Odds Of Distress

Less than 1

 
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Central Garden is trading at 33.88 as of the 23rd of July 2024, a 0.65% up since the beginning of the trading day. The stock's open price was 33.66. Central Garden has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on July 9, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Central Garden Pet's common stock.
Business Domain
Household & Personal Products
IPO Date
15th of July 1993
Category
Consumer Defensive
Classification
Consumer Staples
Central Garden Pet Company produces and distributes various products for the lawn and garden, and pet supplies markets in the United States. Central Garden Pet Company was founded in 1955 and is based in Walnut Creek, California. Central Garden operates under Packaged Foods classification in the United States and is traded on NASDAQ Exchange. The company has 54.72 M outstanding shares of which 1.21 M shares are currently shorted by private and institutional investors with about 3.7 days to cover all short positions. More on Central Garden Pet

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Central Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President ProductsJohn III
Thematic IdeaWholesale (View all Themes)
Business ConcentrationHousehold Products, Household & Personal Products, Consumer Defensive, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Wholesale, Consumer Staples, Household Products, Packaged Foods, Consumer Defensive (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.01540.0278
Way Down
Slightly volatile
Asset Turnover1.622.3292
Way Down
Very volatile
Gross Profit Margin0.220.1751
Significantly Up
Slightly volatile
Net Debt1.1 BB
Sufficiently Up
Slightly volatile
Total Current Liabilities553 M526.7 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.8 B1.7 B
Sufficiently Up
Slightly volatile
Total Assets4.1 B3.9 B
Sufficiently Up
Slightly volatile
Total Current Assets2.1 BB
Sufficiently Up
Slightly volatile
Debt Levels
Central Garden can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Central Garden's financial leverage. It provides some insight into what part of Central Garden's total assets is financed by creditors.
Liquidity
Central Garden Pet has accumulated 1.37 B in total debt with debt to equity ratio (D/E) of 1.02, which is about average as compared to similar companies. Central Garden Pet has a current ratio of 3.1, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Note, when we think about Central Garden's use of debt, we should always consider it together with its cash and equity.

Change To Inventory

82.2 Million
Central Garden Pet (CENTA) is traded on NASDAQ Exchange in USA. It is located in 1340 Treat Boulevard, Walnut Creek, CA, United States, 94597 and employs 6,700 people. Central Garden is listed under Household Products category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.34 B. Central Garden Pet classifies itself under Household Products sector and is part of Consumer Staples industry. The entity has 54.72 M outstanding shares of which 1.21 M shares are currently shorted by private and institutional investors with about 3.7 days to cover all short positions. Central Garden Pet has accumulated about 195.79 M in cash with 381.63 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.6.
Check Central Garden Probability Of Bankruptcy
Ownership Allocation
Central Garden holds a total of 54.72 Million outstanding shares. The majority of Central Garden Pet outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Central Garden Pet to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Central Garden. Please pay attention to any change in the institutional holdings of Central Garden Pet as this could imply that something significant has changed or is about to change at the company. Please note that on July 9, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Central Garden Pet's common stock.
Check Central Ownership Details

Central Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2024-03-31
862.2 K
State Of Wisconsin Investment Board2024-03-31
748 K
Ameriprise Financial Inc2024-03-31
728.6 K
Charles Schwab Investment Management Inc2024-03-31
693.3 K
Btim Corp2024-03-31
671.2 K
Renaissance Technologies Corp2024-03-31
666.1 K
American Century Companies Inc2024-03-31
658.5 K
Morgan Stanley - Brokerage Accounts2024-03-31
608.8 K
Manufacturers Life Insurance Co2024-03-31
598.3 K
Blackrock Inc2024-03-31
M
Vanguard Group Inc2024-03-31
5.6 M
View Central Garden Diagnostics

Central Garden Historical Income Statement

At present, Central Garden's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 4 B, whereas Interest Expense is forecasted to decline to about 36.4 M. View More Fundamentals

Central Stock Against Markets

Central Garden Corporate Management

Additional Information and Resources on Investing in Central Stock

When determining whether Central Garden Pet offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Central Garden's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Central Garden Pet Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Central Garden Pet Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Central Garden Pet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
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Is Household Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Central Garden. If investors know Central will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Central Garden listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.292
Earnings Share
2.22
Revenue Per Share
63.167
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0473
The market value of Central Garden Pet is measured differently than its book value, which is the value of Central that is recorded on the company's balance sheet. Investors also form their own opinion of Central Garden's value that differs from its market value or its book value, called intrinsic value, which is Central Garden's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Central Garden's market value can be influenced by many factors that don't directly affect Central Garden's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Central Garden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Central Garden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Central Garden's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.