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How to Buy Central Garden & Pet Co Stock

Central Garden & Pet Co

Central Garden & Pet Company produces and distributes various products for the lawn and garden, and pet supplies markets in the United States.

Central Garden & Pet Co stock last closed at $39.90, up 4.83% from the previous day, and has increased 25.53% in one year. It has overperformed other stocks in the Packaged Foods industry by 0.34 percentage points. Central Garden & Pet Co stock is currently +29.75% from its 52-week low of $30.75, and -15.96% from its 52-week high of $47.48.

As of Jul 16, 2024, there are 67.4M shares of CENT outstanding. The market cap of CENT is $2.69B. In the past 24 hours, 90,335 CENT shares were traded.

How to Buy Central Garden & Pet Co Stock

Not sure how to invest in Central Garden & Pet Co stock? Here's how.
  1. Decide where to buy Central Garden & Pet Co stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you decide where to buy Central Garden & Pet Co stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Select your payment method and add your info.
  4. Analyze Central Garden & Pet Co stock: The Central Garden & Pet Co ticker symbol is CENT. Is Central Garden & Pet Co stock a good investment? Should you buy shares of CENT? How do CENT's underlying business fundamentals look? Do top analysts think Central Garden & Pet Co is a good buy? Why has CENT's stock price moved recently? (Hint: Our stock market research tools can help you understand if CENT is a good stock to buy).
  5. Place your CENT trade: Decide if you will purchase CENT shares at the current market price or use a limit order to buy CENT stock at a particular price.
  6. Get updates on your investment in CENT: Create a watchlist to keep track of your position in Central Garden & Pet Co shares.

Step 1: Decide where to buy Central Garden & Pet Co stock

You need an online brokerage account in order to access the NASDAQ market and buy CENT shares.

A brokerage account is an investment account that allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've picked your brokerage, it's time to fill out some personal information so you can buy CENT stock today.

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Step 3: Deposit money your brokerage account

Now that you have filled out your info on a investment app, you can securely and quickly fund your account:

Watch the video below for more details depositing money into your brokerage account.

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Step 4: Analyze Central Garden & Pet Co stock

After you have identified the best place to buy Central Garden & Pet Co stock, it's very important to research their stock prior to investing, so you truly wrap your head around the risk and upside.

Central Garden & Pet Co shares at a glance

CENT Price
$39.90
1w %
8.9%
1y %
25.53%
5y %
80.58%
P/E
17.65x
P/B
1.78x
P/S
0.79x
PEG
3.39x
Revenue
$3.31B
Earnings
$148.38M
Fore. Rev. Growth
0.24%
Fore. Earn. Growth
5.79%
Market Cap
$2.69B
Next Earnings
Jul 31, 2024
Next Dividend
N/A

Fundamentals of Central Garden & Pet Co

WallStreetZen was designed to help part-time investors do more accurate fundamental analysis in less time.

You can see all of the due diligence checks on CENT's stock page.

How is CENT stock valued?

Analysts use many financial metrics, analyses, models, and charts to gauge CENT's true value.

Using relative valuations ratios:

  • CENT may be undervalued based on its P/E ratio of 17.65x, relative to Packaged Foods industry P/E ratio of 31.44x
  • CENT may be undervalued based on its P/B ratio of 1.78x, relative to Packaged Foods industry P/B ratio of 2.06x
  • CENT may be overvalued based on its PEG ratio of 3.39x

You can access more valuation analysis on CENT's stock here.

A quick look at CENT Financials

Passed Health Checks:

  • There are more short-term assets than short-term liabilities on the CENT balance sheet.
  • CENT profit margin has gone up from 3.5% to 4.5% in the past year.
  • There are more short-term assets than long-term liabilities on the CENT balance sheet.
  • CENT's operating cash flow of $384.40M allows it to safely service it's debt of $1.38B.

Failed Health Checks:

  • Total CENT debt is higher than 5 years ago, relative to shareholder equity.
  • CENT has a relatively high debt to equity ratio of 1.34.
  • CENT earnings of $246.92M is not enough to cover its interest payments.

Do Wall Street analysts think it's a good time to buy Central Garden & Pet Co stock

Out of 3 sell side analysts who monitor CENT, the consensus analyst rating on Central Garden & Pet Co is a Strong Buy

It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Central Garden & Pet Co stock forecast page.

CENT Technicals

SMA10
38.02
SMA20
38.28
SMA50
41.49
SMA100
41.59
SMA200
39.27
MACD
-0.74
MACD Signal
-1.04
MACD Histogram
0.3
RSI
54.83
Stochastic %K
71.53
Stochastic %D
59.49
StochRSI %K
97.65
StochRSI %D
94.26

CENT Revenue

Last year, CENT earnings were $148.38M. During the past five year, CENT's earnings have gone up by 10.05% per year. This was faster than the Packaged Foods industry average of 8.54%.

Last year, CENT revenue was $3.31B. Over the last five year, CENT's revenue has increased by 7.58% per year. This was faster than the Packaged Foods industry average of 5.64%.

You can analyze CENT's earnings and revenue performance here.

Who is buying/selling CENT?

Over the past year, insiders at CENT have sold more shares than they have bought.

Howard MacHek, Chief Accounting Officer of CENT, was the latest CENT insider to sell. They sold $129,105.93 worth of CENT stock on Jul 13, 2024.

Dig into more about who owns CENT shares here.

Does CENT provide a stable income stream?

No, Central Garden & Pet Co doesn't provide an income stream by paying out dividends.

What others are saying about CENT

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Place your CENT trade

There are two primary options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally sufficient.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at an exact price limit, place a limit order.

Hit the Open button and your broker will place the order.

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Step 6: Get updates on your investment in CENT

Now that you own some shares in CENT, you'll want to keep up with your new investment.

Put CENT on a watchlist to track the most important metrics related to your CENT stock.

CENT Feed

How to Buy Stock in Central Garden & Pet Co

To summarize, here are the 6 steps to buy Central Garden & Pet Co stock:

  1. Decide where to buy Central Garden & Pet Co stock
  2. Sign up for a brokerage account
  3. Deposit money your brokerage account
  4. Analyze Central Garden & Pet Co stock
  5. Place your CENT trade
  6. Get updates on your investment in CENT

If you need a brokerage account, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to monitor your investment in Central Garden & Pet Co, create your watchlist below.

NASDAQ: CENT
$39.90+1.84 (+4.83%)
Updated Jul 16, 2024
Open eToro Account
NASDAQ: CENT
$39.90+1.84 (+4.83%)
Updated Jul 16, 2024
Open eToro Account

FAQ

How much does it cost to buy one Central Garden & Pet Co share?

As of Jul 16, 2024, it costs $39.90 to buy one share of Central Garden & Pet Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.251 shares of CENT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Central Garden & Pet Co stock?

According to 3 Wall Street analysts who monitor Central Garden & Pet Co, their consensus recommendation is to buy Central Garden & Pet Co stock.

What is the best way to buy Central Garden & Pet Co stock?

One way to place an order for Central Garden & Pet Co stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.