Cintas Corporation (CTAS) distance from 200-day Simple Moving Average is $189.68: Right on the Precipice

As on Thursday, Cintas Corporation (NASDAQ: CTAS) started slowly as it slid -1.71% to $185.13, before settling in for the price of $188.35 at the close. Taking a more long-term approach, CTAS posted a 52-week range of $143.64-$228.12.

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The company of the Industrials sector’s yearbook sales growth during the past 5- year span was recorded 6.94%. Meanwhile, its Annual Earning per share during the time was 13.70%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 13.90%. This publicly-traded company’s shares outstanding now amounts to $403.50 million, simultaneously with a float of $342.48 million. The organization now has a market capitalization sitting at $74.66 billion. At the time of writing, stock’s 50-day Moving Average stood at $212.60, while the 200-day Moving Average is $189.68.

Cintas Corporation (CTAS) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Specialty Business Services industry. Cintas Corporation’s current insider ownership accounts for 15.08%, in contrast to 64.02% institutional ownership. According to the most recent insider trade that took place on Jul 29 ’24, this organization’s CEO and Director sold 6,896 shares at the rate of 764.05, making the entire transaction reach 5,268,889 in total value, affecting insider ownership by 146,936.

Cintas Corporation (CTAS) Earnings and Revenue Records

Cintas Corporation’s EPS increase for this current 12-month fiscal period is 13.90% and is forecasted to reach 4.77 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 12.00% through the next 5 years, which can be compared against the 13.70% growth it accomplished over the previous five years trading on the market.

Cintas Corporation (NASDAQ: CTAS) Trading Performance Indicators

Let’s observe the current performance indicators for Cintas Corporation (CTAS). It’s Quick Ratio in the last reported quarter now stands at 1.38. The Stock has managed to achieve an average true range (ATR) of 4.91. Alongside those numbers, its PE Ratio stands at $44.66, and its Beta score is 1.34. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 7.51. Similarly, its price to free cash flow for trailing twelve months is now 40.25.

In the same vein, CTAS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.15, a figure that is expected to reach 1.05 in the next quarter, and analysts are predicting that it will be 4.77 at the market close of one year from today.

Technical Analysis of Cintas Corporation (CTAS)

Through scrutinizing the latest numbers posted by the [Cintas Corporation, CTAS], it can be observed that its last 5-days Average volume of 3.5 million was better the volume of 1.52 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 18.71% While, its Average True Range was 5.21.

Raw Stochastic average of Cintas Corporation (CTAS) in the period of the previous 100 days is set at 8.47%, which indicates a major fall in contrast to 9.07% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 54.12% that was higher than 27.15% volatility it exhibited in the past 100-days period.