Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Central Garden & Pet Co before investing.

In this article, we go over a few key elements for understanding Central Garden & Pet Co’s stock price such as:

• Central Garden & Pet Co’s current stock price and volume
• Why Central Garden & Pet Co’s stock price changed recently
• Upgrades and downgrades for CENT from analysts
• CENT’s stock price momentum as measured by its relative strength

About Central Garden & Pet Co (CENT)

Before we jump into Central Garden & Pet Co’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Central Garden & Pet Company is engaged in the garden and pet industries in the United States. Its segments include Pet and Garden. Its Pet segment includes dog and cat supplies such as dog treats and chews, toys, pet beds and grooming products, waste management and training pads, pet containment; supplies for aquatics, small animals, reptiles and pet birds, including toys, cages and habitats, bedding, food and supplements; products for equine and livestock, animal and household health and insect control products; live fish and small animals as well as outdoor cushions. These products are sold under brands such as Aqueon, Cadet, Comfort Zone, Farnam, Four Paws K&H; Pet Products (K&H;), Kaytee, Nylabone and Zilla. Its Garden segment includes lawn and garden consumables such as grass seed, vegetable, flower and herb packet seed; wild bird feed, bird houses and other birding accessories; weed, grass, and other herbicides, insecticide and pesticide products; fertilizers and live plants.

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Central Garden & Pet Co’s Stock Price as of Market Close

As of March 05, 2024, 4:00 PM, CST, Central Garden & Pet Co’s stock price was $41.69.

Central Garden & Pet Co is down 4.05% from its previous closing price of $43.45.

During the last market session, Central Garden & Pet Co’s stock traded between $43.30 and $44.21. Currently, there are 52.33 million shares of Central Garden & Pet Co stock available for purchase.

Central Garden & Pet Co’s price-earnings (P/E) ratio is currently at 17.3, which is low compared to the Food Processing industry median of 18.8. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Central Garden & Pet Co Stock Price History

Central Garden & Pet Co’s (CENT) price is currently down 4.97% so far this month.

During the month of March, Central Garden & Pet Co’s stock price has reached a high of $44.21 and a low of $41.64.

Over the last year, Central Garden & Pet Co has hit prices as high as $44.45 and as low as $27.86. Year to date, Central Garden & Pet Co’s stock is up 42.23%.

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What Caused Central Garden & Pet Co Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of March 04, 2024, there were 4 analysts who downgraded Central Garden & Pet Co’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Central Garden & Pet Co’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Central Garden & Pet Co’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Central Garden & Pet Co’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Central Garden & Pet Co (CENT) by visiting AAII Stock Evaluator.

Relative Price Strength of Central Garden & Pet Co

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of March 04, 2024, Central Garden & Pet Co has a weighted four-quarter relative price strength of 6.93%, which translates to a Momentum Score of 85 and is considered to be Very Strong.

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Central Garden & Pet Co Stock Price: Bottom Line

As of March 5, 2024, Central Garden & Pet Co’s stock price is $41.69, which is down 4.05% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Central Garden & Pet Co stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.