CENT Stock Summary and Trading Ideas (Central Garden & Pet Company | NASDAQ:CENT)

Central Garden & Pet Co understands that home is central to life and has nurtured happy and healthy homes for over forty years. The segments of the company are the pet segment and garden segment. The company's trusted products are dedicated to helping lawns grow greener, gardens bloom bigger, pets live healthier and communities grow stronger. Central is home to a portfolio of more than sixty-five brands including Pennington, Nylabone, Kaytee, Amdro, and Aqueon, manufacturing and distribution capabilities, and a passionate, entrepreneurial growth culture. Central Garden and Pet is based in Walnut Creek, California, and has offices across North America and Europe.

Central Garden & Pet Company trades on the NASDAQ stock market under the symbol CENT.

As of April 19, 2024, CENT stock price climbed to $39.98 with 59,300 million shares trading.

CENT has a beta of 0.43, meaning it tends to be less sensitive to market movements. CENT has a correlation of 0.03 to the broad based SPY ETF.

CENT has a market cap of $2.81 billion. This is considered a Mid Cap stock.

Last quarter Central Garden & Pet Company reported $635 million in Revenue and $.01 earnings per share. This beat revenue expectation by $15 million and exceeded earnings estimates by $.15.

In the last 3 years, CENT stock traded as high as $61.25 and as low as $35.60.

The top ETF exchange traded funds that CENT belongs to (by Net Assets): CALF, IJR, VTI, VXF, IWM.

CENT has underperformed the market in the last year with a return of +7.9%, while the SPY ETF gained +21.2%. In the last 3 month period, CENT fell short of the market, returning -15.7%, while SPY returned +3.0%. However, in the most recent 2 weeks CENT has outperformed the stock market by returning -3.0%, while SPY returned -4.5%.

CENT support price is $38.62 and resistance is $39.92 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CENT stock will trade within this expected range on the day.