Latest news with #CTAS
Yahoo
2 days ago
- Business
- Yahoo
Are You Looking for a Top Momentum Pick? Why Cintas (CTAS) is a Great Choice
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Cintas (CTAS), which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Cintas currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> In order to see if CTAS is a promising momentum pick, let's examine some Momentum Style elements to see if this uniform rental company holds up. Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area. For CTAS, shares are up 1.89% over the past week while the Zacks Business - Services industry is flat over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 5.55% compares favorably with the industry's 0.97% performance as well. Considering longer term price metrics, like performance over the last three months or year, can be advantageous as well. Over the past quarter, shares of Cintas have risen 19.06%, and are up 33.05% in the last year. In comparison, the S&P 500 has only moved 1.99% and 12.34%, respectively. Investors should also take note of CTAS's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, CTAS is averaging 1,291,825 shares for the last 20 days. The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with CTAS. Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. These revisions helped boost CTAS's consensus estimate, increasing from $4.38 to $4.39 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period. Taking into account all of these elements, it should come as no surprise that CTAS is a #2 (Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Cintas on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cintas Corporation (CTAS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
4 days ago
- Business
- Yahoo
Is Cintas (CTAS) Outperforming Other Business Services Stocks This Year?
For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Cintas (CTAS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question. Cintas is one of 271 companies in the Business Services group. The Business Services group currently sits at #3 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Cintas is currently sporting a Zacks Rank of #2 (Buy). Within the past quarter, the Zacks Consensus Estimate for CTAS' full-year earnings has moved 1.8% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving. Our latest available data shows that CTAS has returned about 24.6% since the start of the calendar year. Meanwhile, the Business Services sector has returned an average of -0.9% on a year-to-date basis. As we can see, Cintas is performing better than its sector in the calendar year. Another Business Services stock, which has outperformed the sector so far this year, is ABM Industries (ABM). The stock has returned 3% year-to-date. In ABM Industries' case, the consensus EPS estimate for the current year increased 1.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy). To break things down more, Cintas belongs to the Business - Services industry, a group that includes 26 individual companies and currently sits at #36 in the Zacks Industry Rank. Stocks in this group have gained about 18% so far this year, so CTAS is performing better this group in terms of year-to-date returns. ABM Industries is also part of the same industry. Cintas and ABM Industries could continue their solid performance, so investors interested in Business Services stocks should continue to pay close attention to these stocks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cintas Corporation (CTAS) : Free Stock Analysis Report ABM Industries Incorporated (ABM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
National Post
6 days ago
- Business
- National Post
Cintas Corporation Climbs Ten Spots on the Fortune 500 List
Article content Article content CINCINNATI — Cintas Corporation (Nasdaq: CTAS) has maintained its status as a Fortune 500 company for the eighth consecutive year, coming in at 427. Cintas has improved its position in the Fortune 500 rankings, rising ten spots. Article content To qualify for the Fortune 500 list, the magazine considers U.S.-based companies that submit financial statements to a government agency. Companies are then ranked based on their total revenues for their respective fiscal years as of January 31, 2025. Article content Cintas' most recent fully disclosed fiscal year, FY24, ended on May 31, 2024. During that year, the company recorded revenues of $9.60 billion, an 8.9% increase from its fiscal year 2023 performance of $8.82 billion. Article content 'Sustaining this honor for eight consecutive years speaks volumes to the dedication of our more than 46,000 employee-partners and the exceptional service they provide to our customers,' said Todd Schneider, President and CEO of Cintas. 'We take pride in the trust our customers place in us, allowing their businesses to remain ready for the workday. It's an honor for us to be recognized amongst some of the best and most successful companies in the country.' Article content Cintas concluded its fiscal year, FY25, on May 31, 2025, and will report on the full-year results in July 2025. In the first three quarters of disclosed FY'25 earnings, Cintas reported revenues of $7.67 billion. This amount exceeded the equivalent FY'24 revenues of $7.13 billion by 7.57%. Article content Cintas Corporation helps more than one million businesses of all types and sizes get Ready™ to open their doors with confidence every day by providing products and services that help keep their customers' facilities and employees clean, safe, and looking their best. With offerings including uniforms, mats, mops, towels, restroom supplies, workplace water services, first aid and safety products, eye-wash stations, safety training, fire extinguishers, sprinkler systems and alarm service, Cintas helps customers get Ready for the Workday®. Headquartered in Cincinnati, Cintas is a publicly held Fortune 500 company traded over the Nasdaq Global Select Market under the symbol CTAS and is a component of both the Standard & Poor's 500 Index and Nasdaq-100 Index. Article content Article content Article content Article content
Yahoo
27-05-2025
- Business
- Yahoo
ABM or CTAS: Which Is the Better Value Stock Right Now?
Investors interested in Business - Services stocks are likely familiar with ABM Industries (ABM) and Cintas (CTAS). But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits. Currently, both ABM Industries and Cintas are holding a Zacks Rank of # 2 (Buy). This means that both companies have witnessed positive earnings estimate revisions, so investors should feel comfortable knowing that both of these stocks have an improving earnings outlook. But this is only part of the picture for value investors. Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels. Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use. ABM currently has a forward P/E ratio of 13.58, while CTAS has a forward P/E of 50.75. We also note that ABM has a PEG ratio of 2.63. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. CTAS currently has a PEG ratio of 3.85. Another notable valuation metric for ABM is its P/B ratio of 1.79. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, CTAS has a P/B of 19.53. These are just a few of the metrics contributing to ABM's Value grade of B and CTAS's Value grade of D. Both ABM and CTAS are impressive stocks with solid earnings outlooks, but based on these valuation figures, we feel that ABM is the superior value option right now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ABM Industries Incorporated (ABM) : Free Stock Analysis Report Cintas Corporation (CTAS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-05-2025
- Business
- Yahoo
Do Cintas' (NASDAQ:CTAS) Earnings Warrant Your Attention?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. Unfortunately, these high risk investments often have little probability of ever paying off, and many investors pay a price to learn their lesson. Loss-making companies are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should. In contrast to all that, many investors prefer to focus on companies like Cintas (NASDAQ:CTAS), which has not only revenues, but also profits. While profit isn't the sole metric that should be considered when investing, it's worth recognising businesses that can consistently produce it. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Generally, companies experiencing growth in earnings per share (EPS) should see similar trends in share price. That makes EPS growth an attractive quality for any company. Cintas managed to grow EPS by 15% per year, over three years. That's a pretty good rate, if the company can sustain it. One way to double-check a company's growth is to look at how its revenue, and earnings before interest and tax (EBIT) margins are changing. It's noted that Cintas' revenue from operations was lower than its revenue in the last twelve months, so that could distort our analysis of its margins. EBIT margins for Cintas remained fairly unchanged over the last year, however the company should be pleased to report its revenue growth for the period of 7.8% to US$10b. That's progress. In the chart below, you can see how the company has grown earnings and revenue, over time. Click on the chart to see the exact numbers. Check out our latest analysis for Cintas While we live in the present moment, there's little doubt that the future matters most in the investment decision process. So why not check this interactive chart depicting future EPS estimates, for Cintas? Owing to the size of Cintas, we wouldn't expect insiders to hold a significant proportion of the company. But thanks to their investment in the company, it's pleasing to see that there are still incentives to align their actions with the shareholders. We note that their impressive stake in the company is worth US$13b. This totals to 15% of shares in the company. Enough to lead management's decision making process down a path that brings the most benefit to shareholders. So there is opportunity here to invest in a company whose management have tangible incentives to deliver. It means a lot to see insiders invested in the business, but shareholders may be wondering if remuneration policies are in their best interest. Well, based on the CEO pay, you'd argue that they are indeed. Our analysis has discovered that the median total compensation for the CEOs of companies like Cintas, with market caps over US$8.0b, is about US$14m. Cintas' CEO took home a total compensation package worth US$8.8m in the year leading up to May 2024. That seems pretty reasonable, especially given it's below the median for similar sized companies. CEO remuneration levels are not the most important metric for investors, but when the pay is modest, that does support enhanced alignment between the CEO and the ordinary shareholders. It can also be a sign of good governance, more generally. As previously touched on, Cintas is a growing business, which is encouraging. The growth of EPS may be the eye-catching headline for Cintas, but there's more to bring joy for shareholders. With a meaningful level of insider ownership, and reasonable CEO pay, a reasonable mind might conclude that this is one stock worth watching. Still, you should learn about the 1 warning sign we've spotted with Cintas. While opting for stocks without growing earnings and absent insider buying can yield results, for investors valuing these key metrics, here is a carefully selected list of companies in the US with promising growth potential and insider confidence. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
