Argus raises target to USD 37 for Central Garden & Pet stock
Published on 10/20/2026 at 19:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and operating figures
- Argus raised its Central Garden & Pet target to USD 37.00 on October 14, 2026.
- Fiscal third-quarter organic sales rose 2.00 percent to USD 862 million.
- Central Garden & Pet stock costs EUR 32.80 at Lang & Schwarz on October 20, 2026 at 7:48 p.m. CEST.
Central Garden & Pet Company (ISIN US1535272058) received a higher USD 37.00 price target from Argus on October 14, 2026, according to Yahoo Finance. The target stands 0.41 percent above the USD 36.85 Nasdaq price on October 20, 2026, calculated from the two quoted values. Central Garden & Pet stock was trading at EUR 32.80 at Lang & Schwarz on October 20, 2026 at 7:48 p.m. CEST.
Target leaves little room
Argus' USD 37.00 target leaves only USD 0.15, or 0.41 percent, between the latest Nasdaq quote and the analyst level. The source names the new target but does not provide an earlier target in the displayed update. The modest gap makes the current operating figures more important than the target change itself.
Fiscal third-quarter figures
Central Garden & Pet reported USD 862 million in organic sales for fiscal third quarter 2026, up 2.00 percent, while non-GAAP gross margin reached 36.00 percent, 140 basis points higher than a year earlier, according to Central Garden & Pet. The company also reported non-GAAP diluted earnings per share of USD 1.54 for the quarter ended June 27, 2026. MarketBeat reported revenue of USD 882.36 million against a USD 882.96 million consensus estimate for the same quarter.
Stock position and valuation
On Nasdaq, Central Garden & Pet stock last traded at USD 36.85 on October 20, 2026 at 1:54 p.m. ET. Its 52-week range was USD 27.39 to USD 40.80, putting the quote 9.68 percent below the high and 34.54 percent above the low. Market capitalization stood at USD 2.4 billion, with a price-to-earnings ratio of 16.02 and volume of 84,460 shares at that timestamp.
Operating progress matters
The fiscal third-quarter figures show a mixed but measurable operating picture: organic sales grew 2.00 percent, while the non-GAAP gross margin rose to 36.00 percent. For investors, the USD 37.00 Argus target offers limited near-term distance from the Nasdaq quote, leaving margin improvement and sales execution as the clearer indicators for the next report.
Trading levels
Central Garden & Pet stock was trading at EUR 32.80 at Lang & Schwarz on October 20, 2026 at 7:48 p.m. CEST. The current euro quote provides the German-market reference while Nasdaq remains the company's primary listed venue.
The further course of trading is shown by the continuously updated real-time quote of Central Garden & Pet stock.
Central Garden & Pet at a glance
- Company: Central Garden & Pet Company
- ISIN: US1535272058
- Ticker: CENTA
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 20, 2026, 7:48 p.m. CEST): EUR 32.80
- Market capitalization: USD 2.4 billion (as of October 20, 2026)
- 52-week range: USD 27.39-40.80 (as of October 20, 2026)
- Sector / Industry: Consumer Defensive / Packaged Foods
Market context: Market report Nasdaq Composite.
