Central Garden & Pet

CENTA · NASDAQ

$39.10+$0.29 (+0.75%)TodayMarket closed · Oct 23, 6:27 PM ET

Prev close $38.81

CENTA analyst rating

HoldConsensus of 2 analysts over the last 12 months. 50% rate it a buy.

Strong buy0
Buy1
Hold0
Underperform1
Sell0

12-month price target · 8 analysts

Average $45.08 (+15.3% upside)

Low: $39.87
Now: $39.10
High: $54.06

Upgrades and downgrades

The latest rating actions, newest first

CENTA analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
JP Morgan	Jul 16, 2026	Maintains	Underweight	$32.00 → $37.00	58%
Canaccord Genuity	Jun 17, 2026	Maintains	Buy	$54.00 → $53.00	47%
Canaccord Genuity	May 7, 2026	Maintains	Buy	$51.00 → $54.00	47%
JP Morgan	Apr 17, 2026	Maintains	Underweight	$33.00 → $32.00	58%
JP Morgan	Jan 16, 2026	Downgrade	Neutral → Underweight	$31.00 → $28.00	58%
Canaccord Genuity	Nov 25, 2025	Maintains	Buy	$50.00	47%
JP Morgan	Nov 25, 2025	Maintains	Neutral	$30.00 → $31.00	58%

The case for and against

Updated Nov 7, 2024

Bull case

Central Garden & Pet Co is well-positioned for growth due to its strong presence in both the pet and garden segments, which have shown positive category exposure. The company’s recent acquisitions are expected to enhance its financial forecasts, contributing to consistent growth alongside its entrepreneurial culture. Additionally, the lasting impact of the pandemic on consumer lifestyles is anticipated to further benefit both categories, underscoring the company's robust operational strategy and merger and acquisition approach.

Bear case

Central Garden & Pet Co faces significant downside risks, notably the company's reliance on seasonality, with a substantial 60% of sales and 90% of profits generated in the second and third fiscal quarters. Additionally, integration risks associated with mergers and acquisitions could destabilize the company's operations, potentially hampering growth. Furthermore, the possibility of pet ownership trends not reaccelerating following the post-COVID normalization period poses a further threat to revenue stability and future profitability.

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