CENTA, US1535272058

Argus raises target to USD 36.00 for Central Garden & Pet stock

Published on 10/15/2026 at 21:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Central Garden & Pet reported USD 1.54 adjusted earnings per share for fiscal third quarter 2026. Central Garden & Pet stock costs EUR 32.20 on October 15, 2026 at 9:15 p.m. CEST, up 1.07 percent on Nasdaq.

Analyst target and valuation

Argus raised its Central Garden & Pet target to USD 36.00 on October 7, 2026.
Central Garden & Pet reported non-GAAP diluted earnings per share of USD 1.54 for the third quarter of fiscal 2026.
Central Garden & Pet stock costs EUR 32.20 at Lang & Schwarz on October 15, 2026 at 9:15 p.m. CEST, up 1.07 percent on Nasdaq.
The Nasdaq-listed company had a P/E ratio of 15.64 on October 15, 2026.

CENTA, US1535272058, Illustration mit AI erstellt.

Argus raised its target for Central Garden & Pet to USD 36.00 on October 7, 2026, leaving the target 0.14 percent below the USD 36.05 Nasdaq quote at 3:21 p.m. ET on October 15, 2026, according to Yahoo Finance. Central Garden & Pet stock was trading at EUR 32.20 at Lang & Schwarz on October 15, 2026 at 9:15 p.m. CEST, up 1.07 percent on Nasdaq on the day.

Fiscal third-quarter figures set the base

Central Garden & Pet reported USD 862.0 million in organic sales for the third quarter of fiscal 2026, up 2.00 percent, while non-GAAP gross margin reached 36.0 percent, an increase of 140 basis points. Non-GAAP diluted earnings per share came to USD 1.54 for the quarter, according to the company's investor-relations page dated August 5, 2026.

The figures put the analyst target close to the latest Nasdaq quotation. Argus's USD 36.00 target was 0.14 percent below the USD 36.05 Nasdaq price, while Central Garden & Pet's latest fiscal-year sales were USD 3.1 billion for fiscal 2025.

Price position and trading activity

The euro quotation stood at EUR 32.20 at Lang & Schwarz on October 15, 2026 at 9:15 p.m. CEST. The Nasdaq quote was USD 36.05 at 3:21 p.m. ET, with 160,487 shares traded against an average volume of 301,795 shares. The 52-week Nasdaq range was USD 26.50 to USD 40.80, placing the stock 11.67 percent below its high and 35.20 percent above its low.

Valuation and reported metrics

Central Garden & Pet had a market capitalization of USD 2.3 billion, a trailing P/E ratio of 15.64 and no reported trailing dividend yield on October 15, 2026. The company operates in consumer defensive products, with pet and lawn-and-garden brands representing its main business areas, according to Central Garden & Pet.

Comparison with peers

Central Garden & Pet Company (Nasdaq, USD): plus 1.07 percent, P/E 15.64, market capitalization USD 2.3 billion.

The Scotts Miracle-Gro Company (NYSE, USD): plus 7.86 percent, P/E 46.56, market capitalization USD 3.1 billion.

Spectrum Brands Holdings (NYSE, USD): plus 2.19 percent, P/E 23.51, market capitalization USD 1.8 billion.

Price and analyst target

The USD 36.00 Argus target sits 0.14 percent below the USD 36.05 Nasdaq price, while the euro quotation remained at EUR 32.20 at Lang & Schwarz on October 15, 2026 at 9:15 p.m. CEST. The Nasdaq session was up 1.07 percent on the day.

The further course of trading is shown by the continuously updated real-time quote of Central Garden & Pet stock.