CENTA Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for CENTA stock have an average target of 45.28, with a low estimate of 34.4 and a high estimate of 52. The average target predicts an increase of 36.26% from the current stock price of 33.23.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$34.4	$45.28	$50	$52
Change	+3.52%	+36.26%	+50.47%	+56.49%

* Price targets were last updated on May 28, 2024.

Analyst Ratings

The average analyst rating for CENTA stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	1	1	2	2	3	3
Buy	2	1	1	1	1	1
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	3	4	4	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John Staszak Argus Research	Argus Research	Hold → Strong Buy Upgrades $50	Hold → Strong Buy	Upgrades	$50	+50.47%	May 28, 2024
Bill Chappell Truist Securities	Truist Securities	Strong Buy Maintains $45 → $50	Strong Buy	Maintains	$45 → $50	+50.47%	May 13, 2024
Brian McNamara Canaccord Genuity	Canaccord Genuity	Strong Buy Initiates $52	Strong Buy	Initiates	$52	+56.49%	Mar 12, 2024
Bill Chappell Truist Securities	Truist Securities	Strong Buy Maintains $50 → $60	Strong Buy	Maintains	$50 → $60	+80.56%	Feb 9, 2024
Bill Chappell Truist Securities	Truist Securities	Strong Buy Maintains $50 → $60	Strong Buy	Maintains	$50 → $60	+80.56%	Feb 9, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

3.32B

from 3.31B

0.15%

from 3.31B

Revenue Next Year

3.39B

from 3.32B

2.32%

from 3.32B

EPS This Year

2.32

from 1.88

23.24%

from 1.88

EPS Next Year

2.53

from 2.32

9.31%

from 2.32

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	2.38B	2.70B	3.30B	3.34B	3.31B	3.32B	3.39B	3.49B	3.65B	3.76B
Revenue Growth	7.57%	13.11%	22.56%	1.06%	-0.85%	0.15%	2.32%	2.92%	4.50%	3.15%
EPS	1.29	1.76	2.20	2.24	1.88	2.32	2.53	2.84	2.95	3.24
EPS Growth	-30.60%	36.65%	25.00%	1.82%	-16.07%	23.24%	9.31%	12.17%	3.77%	10.03%
Forward PE	-	-	-	-	-	14.34	13.12	11.70	11.27	10.24
No. Analysts	-	-	-	-	-	9	9	4	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	3.4B	3.5B	3.6B	3.8B	3.9B
Avg	3.3B	3.4B	3.5B	3.6B	3.8B
Low	3.2B	3.2B	3.3B	3.5B	3.6B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	4.2%	6.5%	7.3%	7.6%	6.2%
Avg	0.1%	2.3%	2.9%	4.5%	3.2%
Low	-4.6%	-3.1%	-2.4%	0.4%	-0.9%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	2.61	2.89	3.11	3.03	3.34
Avg	2.32	2.53	2.84	2.95	3.24
Low	2.07	2.33	2.56	2.83	3.12

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	39.1%	24.6%	22.7%	6.8%	13.3%
Avg	23.2%	9.3%	12.2%	3.8%	10.0%
Low	10.0%	0.7%	1.0%	-0.3%	5.7%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.