Central Garden Pet Stock Buy Hold or Sell Recommendation
| CENTA Stock | USD 32.89 0.85 2.65% |
Assuming the 90 days horizon and your conservative risk appetite, our recommendation regarding Central Garden Pet is 'Strong Sell'. Macroaxis provides Central Garden buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CENTA positions.
Check out Central Garden Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Central and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Central Garden Pet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Central |
Execute Central Garden Buy or Sell Advice
The Central recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Central Garden Pet. Macroaxis does not own or have any residual interests in Central Garden Pet or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Central Garden's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Central Garden Trading Alerts and Improvement Suggestions
| Central Garden Pet generated a negative expected return over the last 90 days | |
| Central Garden Pet is unlikely to experience financial distress in the next 2 years | |
| Over 94.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from businesswire.com: Central Garden Pet to Announce Fourth Quarter and Fiscal Year 2024 Financial Results |
Central Garden Returns Distribution Density
The distribution of Central Garden's historical returns is an attempt to chart the uncertainty of Central Garden's future price movements. The chart of the probability distribution of Central Garden daily returns describes the distribution of returns around its average expected value. We use Central Garden Pet price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Central Garden returns is essential to provide solid investment advice for Central Garden.
| Mean Return | -0.05 | Value At Risk | -2.72 | Potential Upside | 2.74 | Standard Deviation | 1.58 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Central Garden historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Central Stock Institutional Investors
| Shares | State Of Wisconsin Investment Board | 2024-06-30 | 1 M | Geode Capital Management, Llc | 2024-06-30 | 898 K | Westwood Holdings Group Inc | 2024-06-30 | 849.5 K | William Blair Investment Management, Llc | 2024-09-30 | 788 K | Charles Schwab Investment Management Inc | 2024-09-30 | 773 K | Manufacturers Life Insurance Co | 2024-09-30 | 691.1 K | Ameriprise Financial Inc | 2024-06-30 | 667 K | Mirabella Financial Services Llp | 2024-06-30 | 602.8 K | Renaissance Technologies Corp | 2024-09-30 | 575.6 K | Blackrock Inc | 2024-06-30 | 8.9 M | Vanguard Group Inc | 2024-09-30 | 5.7 M |
Central Garden Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 27.4M | (132.2M) | (256.4M) | 87.0M | 78.3M | 82.2M | |
| Change In Cash | 155.7M | (226.9M) | (247.3M) | 310.7M | 357.3M | 375.2M | |
| Free Cash Flow | 221.2M | 170.5M | (149.2M) | 327.7M | 376.8M | 395.7M | |
| Depreciation | 55.4M | 74.7M | 80.9M | 87.7M | 100.9M | 105.9M | |
| Other Non Cash Items | 46.3M | 58.9M | 50.8M | 64.6M | 74.3M | 78.0M | |
| Capital Expenditures | 43.1M | 80.3M | 115.2M | 54.0M | 62.1M | 38.6M | |
| Net Income | 121.5M | 152.8M | 152.7M | 126.1M | 145.0M | 152.3M | |
| End Period Cash Flow | 666.4M | 439.5M | 192.2M | 502.9M | 578.3M | 607.2M | |
| Dividends Paid | 318.2M | 197.0M | 143K | 606K | 806K | 0.0 | |
| Investments | (4.4M) | (500K) | (27.8M) | (34.6M) | (31.1M) | (29.6M) | |
| Net Borrowings | (46.2M) | (1.1M) | 469.6M | (1.1M) | (1.3M) | (1.2M) | |
| Change To Netincome | 21.3M | 20.6M | 65.1M | 102.6M | 118.0M | 123.9M |
Central Garden Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Central Garden or Household Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Central Garden's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Central stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 1.13 | |
σ | Overall volatility | 1.61 | |
Ir | Information ratio | -0.09 |
Central Garden Volatility Alert
Central Garden Pet exhibits very low volatility with skewness of 0.26 and kurtosis of -0.15. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Central Garden's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Central Garden's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Central Garden Fundamentals Vs Peers
Comparing Central Garden's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Central Garden's direct or indirect competition across all of the common fundamentals between Central Garden and the related equities. This way, we can detect undervalued stocks with similar characteristics as Central Garden or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Central Garden's fundamental indicators could also be used in its relative valuation, which is a method of valuing Central Garden by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Central Garden to competition |
| Fundamentals | Central Garden | Peer Average |
| Return On Equity | 0.0963 | -0.31 |
| Return On Asset | 0.0446 | -0.14 |
| Profit Margin | 0.04 % | (1.27) % |
| Operating Margin | 0.13 % | (5.51) % |
| Current Valuation | 3.05 B | 16.62 B |
| Shares Outstanding | 54.74 M | 571.82 M |
| Shares Owned By Insiders | 2.34 % | 10.09 % |
| Shares Owned By Institutions | 93.58 % | 39.21 % |
| Number Of Shares Shorted | 827.61 K | 4.71 M |
| Price To Earning | 15.98 X | 28.72 X |
| Price To Book | 1.36 X | 9.51 X |
| Price To Sales | 0.68 X | 11.42 X |
| Revenue | 3.31 B | 9.43 B |
| Gross Profit | 992.3 M | 27.38 B |
| EBITDA | 359.04 M | 3.9 B |
| Net Income | 126.1 M | 570.98 M |
| Cash And Equivalents | 195.79 M | 2.7 B |
| Cash Per Share | 3.60 X | 5.01 X |
| Total Debt | 1.37 B | 5.32 B |
| Debt To Equity | 1.02 % | 48.70 % |
| Current Ratio | 3.16 X | 2.16 X |
| Book Value Per Share | 23.64 X | 1.93 K |
| Cash Flow From Operations | 381.63 M | 971.22 M |
| Short Ratio | 2.71 X | 4.00 X |
| Earnings Per Share | 2.17 X | 3.12 X |
| Price To Earnings To Growth | 2.54 X | 4.89 X |
| Target Price | 42.0 | |
| Number Of Employees | 6.7 K | 18.84 K |
| Beta | 0.7 | -0.15 |
| Market Capitalization | 2.23 B | 19.03 B |
| Total Asset | 3.38 B | 29.47 B |
| Retained Earnings | 859.37 M | 9.33 B |
| Working Capital | 1.25 B | 1.48 B |
Note: Acquisition by Nicholas Lahanas of 12240 shares of Central Garden at 30.94 subject to Rule 16b-3 [view details]
Central Garden Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Central . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Central Garden Buy or Sell Advice
When is the right time to buy or sell Central Garden Pet? Buying financial instruments such as Central Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Central Garden in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Funds or Etfs investing in medical and healthcare goods or services as well as hospital management or maintenance organizations. The Healthcare Funds theme has 34 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Healthcare Funds Theme or any other thematic opportunities.
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Check out Central Garden Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Household Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Central Garden. If investors know Central will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Central Garden listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Earnings Share 2.17 | Revenue Per Share 62.57 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0446 |
The market value of Central Garden Pet is measured differently than its book value, which is the value of Central that is recorded on the company's balance sheet. Investors also form their own opinion of Central Garden's value that differs from its market value or its book value, called intrinsic value, which is Central Garden's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Central Garden's market value can be influenced by many factors that don't directly affect Central Garden's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Central Garden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Central Garden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Central Garden's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.