Cintas Corporation (NASDAQ: CTAS) kicked off on Tuesday, up 0.69% from the previous trading day, before settling in for the closing price of $207.56. Over the past 52 weeks, CTAS has traded in a range of $128.92-$215.37.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 6.94%. While this was happening, its average annual earnings per share was recorded 11.80%. With a float of $342.37 million, this company’s outstanding shares have now reached $405.01 million.
Considering the fact that the conglomerate employs 46500 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 48.33%, operating margin of 21.82%, and the pretax margin is 20.85%.
Cintas Corporation (CTAS) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Specialty Business Services Industry. The insider ownership of Cintas Corporation is 15.11%, while institutional ownership is 64.15%. The most recent insider transaction that took place on Jul 29 ’24, was worth 5,268,889. In this transaction CEO and Director of this company sold 6,896 shares at a rate of $764.05, taking the stock ownership to the 146,936 shares. Before that another transaction happened on Jul 29 ’24, when Company’s Officer proposed sale 6,896 for $763.06, making the entire transaction worth $5,262,062.
Cintas Corporation (CTAS) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 11.80% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.00% during the next five years compared to 13.70% growth over the previous five years of trading.
Cintas Corporation (NASDAQ: CTAS) Trading Performance Indicators
Take a look at Cintas Corporation’s (CTAS) current performance indicators. Last quarter, stock had a quick ratio of 0.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.64. Likewise, its price to free cash flow for the trailing twelve months is 46.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.96, a number that is poised to hit 1.01 in the next quarter and is forecasted to reach 4.68 in one year’s time.
Technical Analysis of Cintas Corporation (CTAS)
Compared to the last year’s volume of 1.45 million, its volume of 1.03 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 39.26%. Additionally, its Average True Range was 2.86.
During the past 100 days, Cintas Corporation’s (CTAS) raw stochastic average was set at 85.54%, which indicates a significant increase from 39.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.27% in the past 14 days, which was lower than the 17.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $205.79, while its 200-day Moving Average is $179.30. Nevertheless, the first resistance level for the watch stands at $210.42 in the near term. At $211.85, the stock is likely to face the second major resistance level. The third major resistance level sits at $213.48. If the price goes on to break the first support level at $207.35, it is likely to go to the next support level at $205.72. Now, if the price goes above the second support level, the third support stands at $204.29.
Cintas Corporation (NASDAQ: CTAS) Key Stats
The company with the Market Capitalisation of 84.29 billion has total of 403,299K Shares Outstanding. Its annual sales at the moment are 9,597 M in contrast with the sum of 1,572 M annual income. Company’s last quarter sales were recorded 2,502 M and last quarter income was 452,030 K.
