Alert: Major Price Decline (11/21/23)-Central Garden & Pet Co (NASDAQ: CENTA).


Central Garden & Pet Co (NASDAQ: CENTA) stock suffered a major decline of -10.7% on 11/21/23. The shares closed at $35.82. Relative to the market the stock has been strong over the last nine months but has declined -8.7% during the last week.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, CENTA is expected to continue to be a modest Value Builder.

Central Garden & Pet has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Central Garden & Pet has a slightly positive Appreciation Score of 66 and a good Power Rating of 83, producing the Highest Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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