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3 Reasons Why Cintas (CTAS) Is a Great Growth Stock
ZACKS· 2025-07-02 17:46
Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong growth stocks can be challenging due to associated risks and volatility [1] Group 1: Company Overview - Cintas (CTAS) is currently highlighted as a recommended growth stock based on the Zacks Growth Style Score, which evaluates a company's real growth prospects beyond traditional metrics [2] - Cintas has a favorable Growth Score and a top Zacks Rank, indicating strong potential for performance [2][10] Group 2: Earnings Growth - Cintas has a historical EPS growth rate of 16.1%, with projected EPS growth of 10.9% for the current year, surpassing the industry average of 8.9% [5][4] Group 3: Cash Flow Growth - The year-over-year cash flow growth for Cintas is 14.6%, significantly higher than the industry average of 3.4%, indicating strong cash accumulation capabilities [6] - The annualized cash flow growth rate for Cintas over the past 3-5 years is 10.9%, compared to the industry average of 7.1% [7] Group 4: Earnings Estimate Revisions - The current-year earnings estimates for Cintas have been revised upward, with the Zacks Consensus Estimate increasing by 0.1% over the past month, suggesting positive momentum [9][8] Group 5: Investment Potential - Cintas has achieved a Zacks Rank of 2 (Buy) and a Growth Score of B, positioning it as a potential outperformer and a solid choice for growth investors [10][11]
US Stocks Mixed; UniFirst Shares Fall After Q3 Results
Benzinga· 2025-07-02 14:11
U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining around 50 points on Wednesday.Following the market opening Wednesday, the Dow traded down 0.22% to 44,398.83 while the NASDAQ gained 0.25% to 20,252.83. The S&P 500 also fell, dropping, 0.02% to 6,196.53.Check This Out: How To Earn $500 A Month From Microsoft StockLeading and Lagging SectorsMaterials shares jumped by 0.5% on Wednesday.In trading on Wednesday, health care stocks fell by 0.6%.Top HeadlineShares of UniFirst Corporation UN ...
VSTS Investors with Large Losses are Encouraged to Contact Robbins LLP for Information About Leading the Securities Fraud Class Action Against VSTS
GlobeNewswire News Room· 2025-06-27 23:16
SAN DIEGO, June 27, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of investors who purchased or otherwise acquired Vestis Corporation (NYSE:VSTS) securities between May 2, 2024 and May 6, 2025. Vestis is a North American company that provides uniform rentals and workplace supplies across the U.S. and Canada. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigati ...
Vestis Corporation Stockholders with Large Losses Should Contact Robbins LLP for Information About the Securities Fraud Class Action Against VSTS
Prnewswire· 2025-06-20 12:00
SAN DIEGO, June 20, 2025 /PRNewswire/ -- Robbins LLP reminds stockholders that a class action was filed on behalf of investors who purchased or otherwise acquired Vestis Corporation (NYSE:VSTS) securities between May 2, 2024 and May 6, 2025. Vestis is a North American company that provides uniform rentals and workplace supplies across the U.S. and Canada.For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.The Allegations: Robbins LLP is Investigating All ...
5 Stocks to Buy Amid Growing Strength in the Business Services Sector
ZACKS· 2025-06-17 12:46
Industry Overview - The U.S. Business Services Sector is supported by strong domestic economic fundamentals, encompassing companies that provide various services such as consulting, staffing, financial transactions, outsourcing, advertising, waste removal, building maintenance, technology services, and auction/valuation services [1] - The sector is mature with stable demand for services, and revenues, income, and cash flows are above pre-pandemic levels. It ranks in the top 25% of the Zacks Sector Rank, indicating expected outperformance over the next three to six months [2] Stock Recommendations - Five business services stocks with favorable Zacks Rank that have shown double-digit returns in the past three months are Duolingo Inc. (DUOL), Cintas Corp. (CTAS), Stantec Inc. (STN), Thomson Reuters Corp. (TRI), and FirstCash Holdings Inc. (FCFS). Each stock carries a Zacks Rank 2 (Buy) [3] Company Highlights Duolingo Inc. (DUOL) - Duolingo operates a mobile learning platform offering courses in 40 languages and provides a digital language proficiency assessment exam [6] - Expected revenue and earnings growth rates for the current year are 33.4% and 55.3%, respectively, with a 10.2% improvement in the Zacks Consensus Estimate for current-year earnings over the last 60 days [7][9] Cintas Corp. (CTAS) - Cintas is benefiting from solid momentum across its segments, with product penetration into existing customers aiding its Uniform Rental and Facility Services segment [8] - Expected revenue and earnings growth rates for the current year are 7% and 10.8%, respectively, with a 1.9% improvement in the Zacks Consensus Estimate for current-year earnings over the last 60 days [10] Stantec Inc. (STN) - Stantec provides professional consulting services in various fields including planning, engineering, architecture, and environmental sciences [11][12] - Expected revenue and earnings growth rates for the current year are 11.1% and 19.5%, respectively, with a 3.2% improvement in the Zacks Consensus Estimate for current-year earnings over the last 30 days [13] Thomson Reuters Corp. (TRI) - Thomson Reuters operates as a content and technology company across multiple regions, providing value-added information and technology in law, tax, accounting, and other fields [14][15] - Expected revenue and earnings growth rates for the current year are 3.2% and 4.2%, respectively, with a 1.3% improvement in the Zacks Consensus Estimate for current-year earnings over the last 60 days [15] FirstCash Holdings Inc. (FCFS) - FirstCash operates retail pawn stores in the U.S., Mexico, and Latin America, providing pawn loans and retail payment solutions [16][17] - Expected revenue and earnings growth rates for the current year are -0.2% and 17.3%, respectively, with a 2.7% improvement in the Zacks Consensus Estimate for current-year earnings over the last 60 days [18]
VSTS Investor Notice: Robbins LLP Reminds Investors of the Class Action Lawsuit Against Vestis Corporation
GlobeNewswire News Room· 2025-06-12 21:51
Core Viewpoint - Robbins LLP has initiated a class action lawsuit on behalf of investors who acquired Vestis Corporation (NYSE:VSTS) securities between May 2, 2024, and May 6, 2025, due to allegations of misleading statements regarding customer growth and business performance [1][2]. Allegations - The complaint alleges that Vestis Corporation misled investors by failing to disclose its inability to execute strategic initiatives aimed at improving customer experience and onboarding, which were expected to drive new customer growth and revenue [2]. - It is claimed that these misleading statements led to investors purchasing Vestis securities at artificially inflated prices [2]. Financial Performance - On May 7, 2025, Vestis announced disappointing financial results for Q2 of fiscal 2025, withdrew its revenue and growth guidance for the full fiscal year, and provided third-quarter guidance that was significantly below market expectations [3]. - The company attributed its poor performance to "lost business in excess of new business" and "lower adds over stops," indicating a decline in volume changes with existing customers [3]. - Following this announcement, Vestis' stock price plummeted from $8.71 per share on May 6, 2025, to $5.44 per share on May 7, 2025, marking a decline of approximately 37.54% in just one day [3]. Class Action Participation - Shareholders interested in participating in the class action against Vestis Corporation must file a motion for lead plaintiff by August 8, 2025 [4]. - The lead plaintiff will represent other class members in directing the litigation, but participation is not required to be eligible for recovery [4].
Shareholder Alert: Robbins LLP Informs Investors of the Vestis Corporation Class Action
Prnewswire· 2025-06-10 01:14
Core Viewpoint - A class action lawsuit has been filed against Vestis Corporation for allegedly misleading investors about customer growth and strategic initiatives [1][2]. Allegations - The complaint claims that Vestis Corporation did not disclose its inability to execute planned strategic initiatives aimed at improving customer experience and onboarding, which were expected to drive new customer growth and retention [2]. - It is alleged that these misleading statements led to investors purchasing Vestis securities at artificially inflated prices [2]. Financial Results and Market Reaction - On May 7, 2025, Vestis announced disappointing financial results for Q2 of fiscal 2025, withdrew its revenue guidance for the full year, and provided third-quarter guidance that was significantly below market expectations [3]. - The company attributed its poor performance to "lost business in excess of new business" and "lower adds over stops," indicating a decline in volume changes with existing customers [3]. - Following this announcement, Vestis' stock price plummeted from $8.71 per share on May 6, 2025, to $5.44 per share on May 7, 2025, marking a decline of approximately 37.54% in just one day [3]. Class Action Participation - Shareholders interested in participating in the class action must file a motion for lead plaintiff by August 8, 2025, with the lead plaintiff representing other class members in the litigation [4]. - Shareholders can choose to remain absent from the case while still being eligible for recovery [4]. Company Background - Robbins LLP, the firm leading the class action, specializes in shareholder rights litigation and has been active in helping shareholders recover losses and improve corporate governance since 2002 [5].
Vestis Corporation: Uniform Rental Business Loses Its Shirt
Seeking Alpha· 2025-05-22 21:56
If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and try the free trial. In this service we cover major earnings events, M&A, IPOs and other significant corporate events with actionable ideas. Furthermore, we provide coverage of situations and names on request!In the summer of last year, I believed that some stability was arriving in the case of Vestis Corporation ( NYSE: VSTS ) yet real challenges remained. The uniform and workplace company was dealing ...
Fundamentally Sound, These 5 Stocks Sold Off Anyway
MarketBeat· 2025-04-23 15:20
Core Viewpoint - The stock market experienced an overcorrection due to tariff-induced fears, leading to a sell-off of fundamentally sound stocks that present deep value opportunities for investors as concerns subside [1][2]. Group 1: Snap-on - Snap-on reported mixed Q1 results but maintains a resilient business outlook, with expectations for stability in 2025 [2][4]. - The company has an attractive capital return strategy, with a dividend yield of 2.77% and share buybacks that enhance shareholder value [4]. - Balance sheet highlights include increased cash, inventory, and assets, with equity rising over 2% and low leverage [4]. Group 2: Whirlpool - Whirlpool's Q1 results showed a significant contraction in revenue and earnings, attributed to divestitures and repositioning efforts to capture the U.S. housing market recovery [5][6]. - The company is well insulated from tariff threats, with 80% of goods manufactured in the U.S., and its dividend yield stands at 9% [6]. - Q1 balance sheet highlights include reduced debt and a 13% increase in equity, indicating financial stability [6]. Group 3: Verizon - Verizon is not experiencing rapid growth but is leading the industry in size and scope, reaffirming its guidance for expanding free cash flow [9][10]. - The company has improved its free cash flow through debt reduction and strengthening its balance sheet, with a dividend payout expected to grow at a low single-digit pace [10]. Group 4: Cintas - Cintas' stock price pullback is linked to several factors, but the business remains strong with expected capital returns continuing [14][15]. - The company benefits from healthy labor markets, which support its growth trajectory [15]. Group 5: Lockheed Martin - Lockheed Martin's stock price decline is primarily due to the loss of a critical contract, but fundamentals remain strong with solid Q1 results and a robust outlook for U.S. government defense spending [18][19]. - The dividend yield is 2.85%, and share buybacks have reduced the share count by 2.6% year-over-year in Q1 [19].