"We delivered a solid second quarter with earnings per share well ahead of prior year. We are particularly pleased with the progress on our Cost and Simplicity program," said Beth Springer, Interim CEO of Central Garden & Pet. "With a large part of the garden season still in front of us and some continuing external challenges, we are maintaining our outlook for the fiscal year. Importantly, our teams remain focused on executing our long-term strategy." Fiscal 2024 Q2 net sales of $900 million compared to $9 ...

Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Is Central Garden (CENTA) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Central Garden is one of 286 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #14 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...

Wall Street expects a year-over-year increase in earnings on lower revenues when Central Garden (CENTA) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may ...

Shares of Central Garden (CENTA) have gained 0.5% over the past four weeks to close the last trading session at $36.18, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $45.67 indicates a potential upside of 26.2%.The mean estimate comprises three short-term price targets with a standard deviation of $12.50. While the lowest estimate of $37 indicates a 2.3% increase from the curr ...

One stock that might be an intriguing choice for investors right now is Central Garden & Pet Company (CENTA) . This is because this security in the Consumer Products - Discretionary space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably ...

The flat Monday helped the S&P 500 and the Nasdaq remain above their 21-day moving averages. Both major indexes were down slightly through morning trading on Tuesday as Wall Street holds its breath ahead of the March CPI release on Wednesday morning.The calm start to the week came despite headlines focused on the possibility of the Fed remaining more hawkish in 2024 than Wall Street hopes. The market is prepared for higher for longer, using U.S. Treasury yields as an indicator.Wall Street and businesses hav ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being under ...

For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Central Garden (CENTA) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.Central Garden is one of 292 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #14 within the Zacks ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental a ...