The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the food processing peer group is "buy"
Wall Street's median 12-month price target for Central Garden & Pet Co is $50.00, about 13.5% above its August 4 closing price of $44.07
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 13 three months ago
Q3 results miss estimates as pet distribution exit weighs on sales
U.S. pet and garden goods maker's preliminary fiscal Q3 net sales fell 8%, missing analyst expectations
GAAP diluted EPS for fiscal Q3 declined to $1.45 from $1.52 a year ago
Company raised fiscal 2026 non-GAAP EPS outlook and agreed to acquire 80% of TRIXIE
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