CENTA Stock Summary and Trading Ideas (Central Garden & Pet Company - Class A Common Nonvoting | NASDAQ:CENTA)

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 - Class A Common Nonvoting trades on the NASDAQ stock market under the symbol CENTA.

As of April 17, 2024, CENTA stock price declined to $33.97 with 128,535 million shares trading.

CENTA has a beta of 0.46, meaning it tends to be less sensitive to market movements. CENTA has a correlation of 0.03 to the broad based SPY ETF.

CENTA has a market cap of $2.39 billion. This is considered a Mid Cap stock.

Last quarter Central Garden & Pet Company - Class A Common Nonvoting 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, CENTA stock traded as high as $55.82 and as low as $33.58.

The top ETF exchange traded funds that CENTA belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.

CENTA has underperformed the market in the last year with a price return of -10.1% while the SPY ETF gained +23.0%. CENTA has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -18.3% and -3.8%, respectively, while the SPY returned +5.7% and -3.5%, respectively.

CENTA support price is $33.41 and resistance is $34.55 (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 CENTA stock will trade within this expected range on the day.