CTAS $756.62 ▼ Dividend Yield 0.71% Add to Watchlist That's why the company will split its shares this fall: the current high share prices and the potential for another triple-digit gain. Persistent business trends drive its share price, including healthy, resilient labor markets and an improving outlook for easing economic headwinds through lower interest rates. Investors looking to ride the Cintas wave can buy in now, wait to see if a dip forms after the split, and buy more later. Cintas had a mixed quart ...

Shares of Cintas have returned +1.2% over the past month versus the Zacks S&P 500 composite's +2.1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term. The reported revenue represents a surprise of +0.23% over the Zacks Consensus Estimate of $2.47 billion. With the consensus EPS estimate being $3.80, the EPS surprise was +5.00%. Total Revenue- Uniform Rental and Facility Services: $1.91 billion versus $1.91 billion estimated by six ...

While Cintas has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. It will be interesting to see how estimates for th ...

FOR IMMEDIATE RELEASE July 18, 2024 Gross margin for the fourth quarter of fiscal 2024 was $1,215.4 million compared to $1,088.8 million in last year's fourth quarter, an increase of 11.6%. Gross margin as a percentage of revenue was 49.2% for the fourth quarter of fiscal 2024 compared to 47.7% in last year's fourth quarter, an increase of 150 basis points. For the fiscal year ended May 31, 2024, revenue was $9.60 billion compared to $8.82 billion for fiscal 2023, an increase of 8.9%. Operating income for f ...

Cintas Corporation (CTAS) is scheduled to release fourth-quarter fiscal 2024 (ended May 31, 2024) results on Jul 18, before market open. Let's see how things have shaped up for Cintas' fiscal fourth-quarter earnings. A strong demand environment and the introduction of additional products and services to customers are expected to have driven the Uniform Rental and Facility Services segment's performance in the fiscal fourth quarter. Also, improving operational productivity and effective pricing actions are l ...

Have you been paying attention to shares of Cintas (CTAS) ? Shares have been on the move with the stock up 3.8% over the past month. The stock hit a new 52-week high of $726 in the previous session. Cintas has gained 19.8% since the start of the year compared to the 5.9% move for the Zacks Industrial Products sector and the 18.4% 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 ear ...

The earnings report, which is expected to be released on July 18, 2024, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. This uniform rental company is expected to post quarterly earnings of $3.80 per share in its upcoming report, which represents a year-over-year change of +14.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the co ...

Cintas Corporation (CTAS) is well poised for growth, courtesy of strength across its business, strategic acquisitions and focus on improving the product line and operational excellence. Image Source: Zacks Investment Research Let's delve into the factors that have been aiding the firm for a while now. Given the strength across its businesses, management expects revenues in the range of $9.57-$9.60 billion in fiscal 2024, indicating growth of 8.7% at the mid-point from the year-ago levels. Business Initiativ ...

Cintas is one of 222 individual stocks in the Industrial Products sector. Collectively, these companies sit at #3 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups. Another stock in the Industrial Products sector, Eaton (ETN) , has outperformed the sector so far this year. The stock's year-to-date return is 36.4%. Cintas and Eaton could continue their solid performance, so inve ...

kali9/E+ via Getty Images One limitation of the accounting profit that is presented in an income statement is that it does not reflect the opportunity cost of the profit. For debt, the income statement reflects interest expense, which is the cost of securing debt financing for the business. There is no such item on the income statement to reflect equity financing. Instead, it is assumed that whatever is left over after paying expenses is sufficient to compensate equity investors for providing capital to the ...