Cintas Corp (NASDAQ: CTAS) has reported E.P.S. of $3.90 for its third fiscal quarter (ending February 28) versus $3.19 for the same period a year ago. E.P.S. were $14.73 for the latest four quarters through February 28 versus $12.69 for the same period a year ago.
Recent Price Action
Cintas Corp (NASDAQ: CTAS) stock closed at $685.64 on 3/27/24 after a very large increase of 8.2%. Moreover, trading volume in this advance was exceptionally high at 324% of normal. The stock has risen 9.2% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
CTAS is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Cintas has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Cintas has a very low Appreciation Score of 10 but a very high Power Rating of 86, leading to 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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