Cintas Corp (NASDAQ: CTAS) has reported earnings for its first fiscal quarter (ending August 31) of $4.48 versus $3.76 for the same period a year ago. For the latest four quarters through August 31, E.P.S. were $16.11 compared to $13.52 a year ago.
Recent Price Action
Cintas Corp (NASDAQ: CTAS) stock closed at $207.21 on 9/25/24 after an increase of 1.2%. Moreover, trading volume in this advance was above average at 127% of normal. The stock has risen 1.7% during the last week and has been exceptionally strong relative to the market over the last nine months.
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 (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Cintas has a slightly negative Appreciation Score of 33 but a very high Power Rating of 92, leading to the High 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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