Group 1 - Central Garden (CENTA) shares have increased by 0.2% over the past four weeks, closing at $31.32, with a mean price target of $42.20 indicating a potential upside of 34.7% [1] - The average price targets from analysts range from a low of $34 to a high of $50, with a standard deviation of $5.93, suggesting a variability in estimates [2] - Analysts show strong agreement on CENTA's ability to report better earnings, with a positive trend in earnings estimate revisions correlating with potential stock price increases [4][9] Group 2 - Over the last 30 days, the Zacks Consensus Estimate for CENTA's current year earnings has increased by 6.8%, with three estimates moving higher and no negative revisions [10] - CENTA holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [11] - While consensus price targets may not be reliable for predicting the extent of gains, they can provide a directional guide for price movement [12]
Does Central Garden (CENTA) Have the Potential to Rally 34.74% as Wall Street Analysts Expect?