Cintas Corporation (CTAS) concluded trading on Thursday at a closing price of $182.79, with 6.17 million shares of worth about $1.13 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 3.20% during that period and on December 19, 2024 the price saw a loss of about -10.57%. Currently the company’s common shares owned by public are about 403.26M shares, out of which, 342.48M shares are available for trading.
Stock saw a price change of -13.61% in past 5 days and over the past one month there was a price change of -16.14%. Year-to-date (YTD), CTAS shares are showing a performance of 21.32% which increased to 30.50% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $138.39 but also hit the highest price of $228.12 during that period. The average intraday trading volume for Cintas Corporation shares is 1.51 million. The stock is currently trading -15.35% below its 20-day simple moving average (SMA20), while that difference is down -14.73% for SMA50 and it goes to -3.32% lower than SMA200.
Cintas Corporation (NASDAQ: CTAS) currently have 403.26M outstanding shares and institutions hold larger chunk of about 64.02% of that.
The stock has a current market capitalization of $73.72B and its 3Y-monthly beta is at 1.35. PE ratio of stock for trailing 12 months is 46.17, while it has posted earnings per share of $3.96 in the same period. Its PEG reads 3.85 and has Quick Ratio of 0.75 while making debt-to-equity ratio of 0.71. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CTAS, volatility over the week remained 2.78% while standing at 2.01% over the month.
Stock’s fiscal year EPS is expected to rise by 12.87% while it is estimated to increase by 10.50% in next year. EPS is likely to shrink at an annualized rate of 12.00% for next 5-years, compared to annual growth of 13.70% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on August 13, 2024 offering an Underweight rating for the stock and assigned a target price of $735 to it. Coverage by Redburn Atlantic stated Cintas Corporation (CTAS) stock as a Neutral in their note to investors on August 09, 2024, suggesting a price target of $670 for the stock. On July 19, 2024, Robert W. Baird Downgrade their recommendations, while on July 15, 2024, RBC Capital Mkts Downgrade their ratings for the stock with a price target of $725. Stock get a Sell rating from Citigroup on May 24, 2024.
