The price-to-earnings ratio for Cintas Corporation (NASDAQ: CTAS) is 45.88x, which is above its average ratio. Moreover, the 36-month beta value for CTAS is 1.37. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 3 as “overweight,” 10 as “hold,” and 2 as “sell.”
The public float for CTAS is 342.48M and currently, short sellers hold a 1.73% of that float. On January 07, 2025, CTAS’s average trading volume was 1.67M shares.
CTAS) stock’s latest price update
The stock price of Cintas Corporation (NASDAQ: CTAS) has surged by 2.75 when compared to previous closing price of 185.10, but the company has seen a 3.54% gain in its stock price over the last five trading sessions. barrons.com reported 2025-01-07 that Cintas is proposing to pay $275 per share for all of Unifirst’s outstanding common and Class B shares, according to the report.
CTAS’s Market Performance
Cintas Corporation (CTAS) has seen a 3.54% rise in stock performance for the week, with a -14.80% decline in the past month and a -6.99% plunge in the past quarter. The volatility ratio for the week is 1.73%, and the volatility levels for the past 30 days are at 2.17% for CTAS. The simple moving average for the last 20 days is -2.47% for CTAS stock, with a simple moving average of -0.23% for the last 200 days.
Analysts’ Opinion of CTAS
Many brokerage firms have already submitted their reports for CTAS stocks, with Wells Fargo repeating the rating for CTAS by listing it as a “Underweight.” The predicted price for CTAS in the upcoming period, according to Wells Fargo is $735 based on the research report published on August 13, 2024 of the previous year 2024.
Redburn Atlantic, on the other hand, stated in their research note that they expect to see CTAS reach a price target of $670. The rating they have provided for CTAS stocks is “Neutral” according to the report published on August 09th, 2024.
Robert W. Baird gave a rating of “Neutral” to CTAS, setting the target price at $775 in the report published on July 19th of the previous year.
CTAS Trading at -8.92% from the 50-Day Moving Average
After a stumble in the market that brought CTAS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.63% of loss for the given period.
Volatility was left at 2.17%, however, over the last 30 days, the volatility rate increased by 1.73%, as shares sank -15.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.22% lower at present.
During the last 5 trading sessions, CTAS rose by +3.36%, which changed the moving average for the period of 200-days by +18.26% in comparison to the 20-day moving average, which settled at $194.99. In addition, Cintas Corporation saw 4.10% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CTAS starting from Schneider Todd M., who sale 6,896 shares at the price of $764.05 back on Jul 29 ’24. After this action, Schneider Todd M. now owns 146,936 shares of Cintas Corporation, valued at $5,268,889 using the latest closing price.
Schneider Todd M., the Officer of Cintas Corporation, proposed sale 6,896 shares at $763.06 during a trade that took place back on Jul 29 ’24, which means that Schneider Todd M. is holding shares at $5,262,062 based on the most recent closing price.
Stock Fundamentals for CTAS
Current profitability levels for the company are sitting at:
- 0.22 for the present operating margin
- 0.49 for the gross margin
The net margin for Cintas Corporation stands at 0.17. The total capital return value is set at 0.34. Equity return is now at value 41.21, with 18.79 for asset returns.
Based on Cintas Corporation (CTAS), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at 2.76. The debt to equity ratio resting at 0.19. The interest coverage ratio of the stock is 21.8.
Currently, EBITDA for the company is 2.52 billion with net debt to EBITDA at 0.26. When we switch over and look at the enterprise to sales, we see a ratio of 7.79. The receivables turnover for the company is 7.25for trailing twelve months and the total asset turnover is 1.15. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.58.
Conclusion
To wrap up, the performance of Cintas Corporation (CTAS) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
