Cintas Corp (NASDAQ: CTAS) has reported E.P.S. of $4.06 for its fourth fiscal quarter (ending May 31) versus $3.39 for the same period a year ago — an increase of 20%. Relative to the consensus estimate of $3.80, this was a premium of $0.26. For the latest four quarters through May 31, E.P.S. were $15.40 versus $13.21 for the same period a year ago — an increase of 17%.
Recent Price Action
On 7/18/24, Cintas Corp (NASDAQ: CTAS) stock enjoyed a very large increase of 5.4%, closing at $758.97. Moreover, trading volume in this advance was exceptionally high at 224% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 6.0% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are 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 10 but a good Power Rating of 81, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this encouraging new earnings information and positive market action we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
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