Alert: New Earnings Report (12/19/24)-Cintas Corp (NASDAQ: CTAS).

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Cintas Corp (NASDAQ: CTAS) has reported earnings for its second fiscal quarter (ending November 30) of $1.11 versus $3.67 for the same period a year ago — a decline of -70%. For the latest four quarters through November 30, E.P.S. were $4.21 versus $14.01 for the same period a year ago — a decline of -70%.

Recent Price Action

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Cintas Corp (NASDAQ: CTAS) stock suffered a major decline of -10.6% on 12/19/24. The shares closed at $182.79. Moreover, exceptionally high trading volume at 393% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -13.4% during the last week.

Current PriceTarget Research Rating

Cintas has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Cintas has a poor Appreciation Score of 26 but a very high Power Rating of 89, leading to the Neutral Value Trend Rating.

Rating Review

In light of this new information and highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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