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Here's Why Cintas (CTAS) is a Strong Growth Stock

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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.

Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.

Why This 1 Growth Stock Should Be On Your Watchlist

For growth investors, a company's financial strength, overall health, and future outlook take precedence, so they'll want to zero in on the Growth Style Score. This Score examines things like projected and historical earnings, sales, and cash flow to find stocks that will generate sustainable growth over time.

Cintas (CTAS)

Founded in 1968 and headquartered in Cincinnati, OH, Cintas Corporation provides specialized services to businesses of all types throughout North America. It also operates in Europe, Asia and Latin America. The company designs, manufactures, implements corporate identity uniform programs, and provides entrance mats, restroom supplies, promotional products and first aid and safety products for diversified businesses.

CTAS is a Zacks Rank #3 (Hold) stock, with a Growth Style Score of B and VGM Score of B. Earnings are expected to grow 9.8% year-over-year for the current fiscal year, with sales growth of 9.4%.

Four analysts revised their earnings estimate higher in the last 60 days for fiscal 2022, while the Zacks Consensus Estimate has increased $0.29 to $11.24 per share. CTAS also boasts an average earnings surprise of 8.2%.

On a historic basis, Cintas has generated cash flow growth of 19.2%, and is expected to report cash flow expansion of 19.4% this year.

With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, CTAS should be on investors' short lists.


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