Cintas(CTAS)
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Here's Why Investors Should Consider Buying Cintas Stock Now
ZACKS· 2024-11-25 14:30
Cintas Corporation (CTAS) is well-poised to benefit from strength across its business, acquisitions, focus on improving the product line and operational excellence. The company remains focused on investing in growth opportunities and solidifying its long-term market position.CTAS, which has a market capitalization of $89.4 billion, currently carries a Zacks Rank #2 (Buy). Let’s delve into the factors that have been aiding the firm for a while now.Business Strength: Cintas has been experiencing strong moment ...
Double-Digit Gains Ahead? Top 2 Stocks Positioned to Outperform
MarketBeat· 2024-10-30 13:02
The economic data has been mixed for the last year but remains sufficient to sustain solid GDP growth, indicating growing activity, which is good news for business services companies. Business services companies provide value to other businesses with products and services that reduce time and costs, helping to sustain margins in critical industries. The critical detail for investors is that these businesses are supported by economic tailwinds in 2025, produce ample cash flow, and pay investors to own them. ...
Cintas (CTAS) Up 1% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-10-25 16:31
Core Viewpoint - Cintas reported strong Q1 fiscal 2025 earnings and revenues, surpassing estimates, with a positive outlook for the fiscal year despite a recent downward trend in estimates [2][9]. Financial Performance - Q1 fiscal 2025 earnings were $1.10 per share, exceeding the Zacks Consensus Estimate of $1.00, marking an 18.3% year-over-year increase [2]. - Total revenues reached $2.502 billion, slightly above the consensus estimate of $2.497 billion, reflecting a 6.8% year-over-year growth driven by higher segmental revenues [2]. - Organic sales increased by 8% year over year [2]. Segmental Results - Uniform Rental and Facility Services segment generated $1.93 billion in revenues, up 5.9% year over year, accounting for 77.3% of total net sales [3]. - First Aid and Safety Services segment reported revenues of $292.6 million, a 12.2% increase year over year, representing 11.7% of total net sales [3]. - Other businesses, categorized as All Other, generated $275.2 million, up 8% year over year, making up 11% of total net sales [3]. Margin Profile - Cost of sales increased by 4.1% year over year to $1.25 billion, representing approximately 49.9% of net sales [4]. - Gross profit rose by 9.6% to $1.25 billion, with a gross margin of 50.1%, compared to 48.7% in the previous year [4]. - Operating income increased by 12.1% year over year to $561 million, with an operating margin of 22.4% [4]. Balance Sheet & Cash Flow - Cash and cash equivalents at the end of Q1 fiscal 2025 were $101.4 million, up from $88.1 million a year ago [5]. - Long-term debt decreased to approximately $2.03 billion from $2.48 billion [5]. - Net cash generated from operating activities was $466.7 million, a 38.5% increase year over year, while free cash flow rose by 62.4% to $373.8 million [5]. FY25 Guidance - Cintas expects revenues for fiscal 2025 to be between $10.22 billion and $10.32 billion, an increase from the previous guidance of $10.16 billion to $10.31 billion [5]. - Earnings per share are projected to be in the range of $4.17 to $4.25, up from the earlier estimate of $4.06 to $4.19 [5]. Estimates Movement - There has been a downward trend in estimates for Cintas over the past month, although the magnitude of these revisions has been net zero [7][9]. VGM Scores - Cintas holds a Growth Score of A but lags in Momentum Score with a C, and has a Value Score of D, placing it in the bottom 40% for this investment strategy [8].
Cintas (CTAS) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2024-10-16 17:45
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, it's pretty easy to find cutting-edge growth stocks w ...
Cintas Corporation (CTAS) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2024-10-15 14:22
Have you been paying attention to shares of Cintas (CTAS) ? Shares have been on the move with the stock up 3.2% over the past month. The stock hit a new 52-week high of $212.22 in the previous session. Cintas has gained 40.4% since the start of the year compared to the 14.6% move for the Zacks Industrial Products sector and the 38.4% return for the Zacks Uniform and Related industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, as it hasn't missed our ...
Cintas(CTAS) - 2025 Q1 - Quarterly Report
2024-10-04 18:51
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 6800 Cintas Boulevard P.O. Box 625737 Cincinnati, Ohio 45262-5737 (Address of Principal Executive Offices) (Zip Code) Title of each class Trading symbol(s) Name of each exchange on which registered Common stock, no par value CTASThe NASDAQ Stock Market LLC (NASDAQ Global Select Market) Class Outstanding September 30, 2024 Common Stock, no par value 403,298,633 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ...
3 Reasons Growth Investors Will Love Cintas (CTAS)
ZACKS· 2024-09-30 17:45
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, the task of finding cutting-edge growth stocks is made easy ...
Cintas Corporation: Valuation Has Become Really Expensive
Seeking Alpha· 2024-09-26 15:57
Group 1 - The core recommendation is a buy rating for Cintas Corporation (NASDAQ: CTAS) based on expected revenue growth acceleration and margin expansion [1] - The ideal investment criteria include operating in a sector with structural growth exceeding GDP growth over the next 5-10 years, sustainable competitive advantages, competent management, and fair valuation [1]
Cintas Stock Hits All-Time High Amid Strong Results, Outlook Lift
Investopedia· 2024-09-25 19:20
Core Insights - Cintas exceeded profit and sales estimates for the first quarter of fiscal 2025, achieving record-setting performances and raising its outlook [1][2] - The company reported a fiscal 2025 first-quarter earnings per share (EPS) of $1.10, with revenue increasing 6.8% year-over-year to an all-time high of $2.50 billion [2] - Gross margin rose 9.7% to $1.25 billion, with gross margin as a percentage of revenue reaching a record 50.1%, up 140 basis points [3] Revenue and Growth - Cintas experienced organic growth of 7% in Uniform Rental and Facility Services, 14% in First Aid and Safety Services, and 13.8% in Fire Protection Services, while Uniform Direct Sale unit saw a decline of 1.8% [3] - The company anticipates full-year EPS in the range of $4.17 to $4.25, an increase from the previous forecast of $4.06 to $4.19 [4] Market Performance - Shares of Cintas reached an all-time high of $209.58, rising 1.4% shortly before the market close, and are up 38% year-to-date [5]
Cintas' Q1 Earnings & Revenues Surpass Estimates, View Up
ZACKS· 2024-09-25 17:50
Cintas Corporation (CTAS) reported first-quarter fiscal 2025 (ended Aug. 31, 2024) earnings of $1.10 per share, which beat the Zacks Consensus Estimate of $1.00. The bottom line increased 18.3% year over year despite an increase in operating costs. Total revenues of $2.502 billion marginally outperformed the consensus estimate of $2.497 billion. The top line rose 6.8% year over year, driven by higher segmental revenues. Organic sales were up 8% year over year. Cintas' Segmental Results The company has two r ...