Central Garden Pet Secures $600M Credit Facility

Central Garden Pet ( (CENT) ) just unveiled an update.

On November 7, 2025, Central Garden & Pet Company entered into a Fourth Amended and Restated Credit Agreement, establishing a $600 million senior secured asset-based revolving credit facility with the potential to increase by $400 million. This agreement, which matures in 2030, provides the company with financial flexibility for general corporate purposes and includes various borrowing options and interest rate structures. The facility is secured by the company’s assets and includes covenants and financial requirements, reflecting a strategic move to enhance liquidity and operational capacity.

The most recent analyst rating on (CENT) stock is a Hold with a $30.00 price target. To see the full list of analyst forecasts on Central Garden Pet stock, see the CENT Stock Forecast page.

Spark’s Take on CENT Stock

According to Spark, TipRanks’ AI Analyst, CENT is a Neutral.

Central Garden Pet’s overall stock score reflects strong profitability and operational efficiency, as highlighted in the earnings call. However, the bearish technical indicators and challenges in revenue growth and cash flow weigh on the score. The reasonable valuation and strategic initiatives provide some support, but careful management is needed to navigate macroeconomic challenges.

To see Spark’s full report on CENT stock, click here.

More about Central Garden Pet

Central Garden & Pet Company operates in the pet and garden industries, providing a range of products and services aimed at enhancing the lives of pets and enriching outdoor spaces. The company focuses on delivering innovative and high-quality products that cater to the needs of pet owners and gardening enthusiasts.

Average Trading Volume: 73,987

Technical Sentiment Signal: Sell

Current Market Cap: $1.83B

See more insights into CENT stock on TipRanks’ Stock Analysis page.