|Bid||260.31 x 1000|
|Ask||260.45 x 1800|
|Day's Range||257.90 - 261.11|
|52 Week Range||155.98 - 262.00|
|Beta (3Y Monthly)||1.12|
|PE Ratio (TTM)||32.49|
|Earnings Date||Sep 23, 2019 - Sep 27, 2019|
|Forward Dividend & Yield||2.05 (0.79%)|
|1y Target Est||239.67|
Cintas (CTAS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
It may be a largely unchanged day for the broad stock market today, but there are plenty of stock and sector moves under the surface to watch.
Cintas' (CTAS) fourth-quarter fiscal 2019 revenues increase year over year on the back of solid organic revenue growth in both its segments.
Building up an investment case requires looking at a stock holistically. Today I've chosen to put the spotlight on...
Cintas (NASDAQ:CTAS) unveiled its latest quarterly figures late on Tuesday, amassing a profit that surpassed the same metric year-over-year, while revenue surged more than 7%, lifting CTAS stock.Source: Shutterstock The Cincinnati, Ohio-based business announced fourth-quarter earnings of $226.6 million, or $2.06 per share. This marked a 19.7% gain when compared to its profit of $189.3 million, or $1.68 per share year-over-year.Cintas added that its net profit from continuing operations, when adjusted for non-recurring items, tallied up to $2.07 per share, nearly 17% higher than the earnings from the year-ago period. This was higher than the growth that Wall Street predicted.InvestorPlace - Stock Market News, Stock Advice & Trading TipsRevenue impressed as well, increasing 7.4% to $1.79 billion during the three months that made up the period, topping analysts' prediction. This metric was backed by strong sales in numerous business segments, including its Uniform Rental and Facility Services segment, which was an organic sales growth of 6.8%.Plus, the company's First Aid and Safety Services increased 10.7% year-over-year. "For the ninth consecutive year, our organic revenue growth was in the mid- to high- single digits and EPS grew double digits when adjusted for one-time and special items," per CEO Scott Farmer."Additionally, our strong cash flow and balance sheet enabled us to deploy cash to increase shareholder value." Cintas' management calls for 2020 sales in the range of $7.24 billion to $7.31 billion.CTAS stock surged 6.3% after hours today. More From InvestorPlace * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond * 7 Dependable Dividend Stocks to Buy * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 10 Stocks to Sell for an Economic Slowdown The post Cintas Earnings: CTAS Stock Surges as Profit Gains Nearly 20% appeared first on InvestorPlace.
Investing.com - Cintas (NASDAQ:CTAS) reported fourth quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
Cintas Corp NASDAQ/NGS:CTASView full report here! Summary * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for CTAS with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold CTAS had net inflows of $11.12 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
It’s time to vote for the top toilets in this year’s Canada’s Best Restroom® contest! Cintas Canada, Ltd. invites the public to vote for their favourite washroom at www.bestrestroom.com/canada, now through Aug. 16. The annual contest celebrates public washrooms across the country that go above and beyond to provide unique and clean facilities for guests. “From rubber duckies to graphic design and graffiti, this year’s finalists feature quirky and unique design elements while remaining focused on providing a clean and well-maintained washroom,” said Candice Raynsford, Marketing Manager, Cintas Canada Ltd. “Our contest spotlights businesses that invest in clean, well-maintained washrooms in order to leave a lasting impression on their patrons and keep them coming back.
Cintas Corporation is expected to report adjusted net income of $215.8 million, or $1.94 a share, on sales of $1.8 billion after the market closes on Tuesday, based on a FactSet survey of 14 analysts. Cintas is currently trading at a price-to-forward-earnings ratio of 28.8 based on the 12-month estimates of 14 analysts surveyed by FactSet. Save 45% with our Prime Time Sale: Join Jim Cramer's Investment Club, Action Alerts PLUS, to become a smarter investor.
Strength in the Uniform Rental and Facility Services segment and a solid product portfolio are likely to drive Cintas' (CTAS) fiscal Q4 results. However, high cost of sales poses a concern.
One of the supposed secrets of legendary investor Warren Buffett is to invest in what most would call boring companies. A perusal over the stock portfolio holdings at Berkshire Hathaway over the years show his investments have tended to some of the most basic products and services, ranging from razor blades and laundry detergent to soft drinks and automobile insurance. The message here is that boring can be profitable if you can find the right boring business.