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 ...

For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Central Garden (CENTA) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question.Central Garden is a member of the Consumer Discretionary sector. This group includes 292 individual stocks and currently holds a Zacks Sector Rank of ...

Central Garden (CENTA) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.18 per share. This compares to loss of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 105.56%. A quarter ago, it was expected that this pet and lawn products maker would post earnings of $0.08 per share when it actually produced earnings of $0.10, delivering a surprise of 25%.Over the last fou ...

(Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 30, 2023 or For the transition period from to Commission File Number: 001-33268 1340 Treat Blvd., Suite 600, Walnut Creek, California 94597 (Address of principal executive offices) (925) 948-4000 (Registrant's telephone number, including area code) _______________________________________________________________________ (Former name, former address and former fiscal yea ...