Cintas to Report Earnings Thursday
- By Alberto Abaterusso
Business services company Cintas Corp. (CTAS) will report its results for the second quarter of fiscal 2018 after market close on Dec. 21.
Analysts expect the company to post average earnings per share of $1.27, which represents an increase of 14 cents from the prior-year quarter. The consesus is based off of 13 estimates ranging between a low of $1.2 and a high of $1.35.
Warning! GuruFocus has detected 3 Warning Sign with CTAS. Click here to check it out.
The intrinsic value of CTAS
Revenue for the quarter is expected to be $1.59 billion, a 22.50% increase from a year ago. This is the average of 11 estimates, ranging between a low of $1.57 billion and a high of $1.6 billion.
In addition, analysts forecast 13.60% earnings growth to $6.1 per share in fiscal 2019 and 13.03% EPS growth to $9.91 in fiscal 2023.
GuruFocus assigned the company a profitability and growth rating of 7 out of a total of 10.
Concerning its general financial condition, with a rating of 6 out of 10, GuruFocus determined Cintas" balance sheet is moderately strong.
Cintas is trading around $159.41 per share and is uptrending.
For the 52 weeks through Dec. 19, Cintas has gained 33% on the Nasdaq and has outperformed the S&P 500 index by 15%.
Source: Yahoo Finance
Cintas has a dividend of $1.62 and a forward dividend yield of 1.01%.
According to the Peter Lynch chart below, the stock is trading above its fair value:
The target price is $151.44 per share, which is about $8 lower than the current share price. The recommendation rating is 2.6 out of 10.
In the first quarter of 2017, the stock was among suitable investments for the enterprising investor.
Among the top institutional shareholders, the Vanguard Group Inc. has the largest holding with 8.79% of outstanding shares.
Disclosure: No positions in Cintas Corp.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 3 Warning Sign with CTAS. Click here to check it out.
The intrinsic value of CTAS
