Cintas Corp (NASDAQ: CTAS) has reported earnings for its second fiscal quarter (ending November 30) of $3.67 versus $3.18 for the same period a year ago — an increase of 15%. For the latest four quarters through November 30, E.P.S. were $14.01 versus $12.54 for the same period a year ago — an increase of 12%.
Recent Price Action
Cintas Corp (NASDAQ: CTAS) stock closed at $589.95 on 12/21/23 after a very large increase of 6.6%. Moreover, unusually high trading volume at 181% of normal accompanied the advance. The stock has risen 2.6% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CTAS is expected to continue to be a major Value Builder.
Cintas has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Cintas has a very low Appreciation Score of 11 but a good Power Rating of 84, producing the Low Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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