Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Cintas Corporation (NASDAQ: CTAS) was $206.25 for the day, up 0.75% from the previous closing price of $204.71. In other words, the price has increased by $0.75 from its previous closing price. On the day, 2.32 million shares were traded. CTAS stock price reached its highest trading level at $207.87 during the session, while it also had its lowest trading level at $202.59.
Ratios:
Our analysis of CTAS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 341.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.56. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 1.72. In the meantime, Its Debt-to-Equity ratio is 0.59 whereas as Long-Term Debt/Eq ratio is at 0.48.
On August 13, 2024, Wells Fargo started tracking the stock assigning a Underweight rating and target price of $735.
On August 09, 2024, Redburn Atlantic started tracking the stock assigning a Neutral rating and target price of $670.Redburn Atlantic initiated its Neutral rating on August 09, 2024, with a $670 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jul 29 ’24 when Schneider Todd M. sold 6,896 shares for $764.05 per share. The transaction valued at 5,268,889 led to the insider holds 146,936 shares of the business.
Schneider Todd M. bought 6,896 shares of CTAS for $5,262,062 on Jul 29 ’24. On Jul 24 ’24, another insider, Adolph Gerald S, who serves as the Director of the company, sold 1,100 shares for $765.72 each. As a result, the insider received 842,292 and left with 31,452 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CTAS now has a Market Capitalization of 83256729600 and an Enterprise Value of 80793878528. As of this moment, Cintas’s Price-to-Earnings (P/E) ratio for their current fiscal year is 47.81, and their Forward P/E ratio for the next fiscal year is 42.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.21 while its Price-to-Book (P/B) ratio in mrq is 18.13. Its current Enterprise Value per Revenue stands at 8.128 whereas that against EBITDA is 31.543.
Stock Price History:
The Beta on a monthly basis for CTAS is 1.21, which has changed by 0.21227264 over the last 52 weeks, in comparison to a change of 0.08572841 over the same period for the S&P500. Over the past 52 weeks, CTAS has reached a high of $228.12, while it has fallen to a 52-week low of $162.16. The 50-Day Moving Average of the stock is 2.75%, while the 200-Day Moving Average is calculated to be 3.63%.
Shares Statistics:
CTAS traded an average of 1.79M shares per day over the past three months and 2048230 shares per day over the past ten days. A total of 403.67M shares are outstanding, with a floating share count of 343.01M. Insiders hold about 15.00% of the company’s shares, while institutions hold 64.76% stake in the company. Shares short for CTAS as of 1741910400 were 4079139 with a Short Ratio of 2.28, compared to 1739491200 on 4834316. Therefore, it implies a Short% of Shares Outstanding of 4079139 and a Short% of Float of 1.35.
Dividends & Splits
With its trailing 12-month dividend rate of 0.0, CTAS has a forward annual dividend rate of 3.69. Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 0.96. The current Payout Ratio is 35.65% for CTAS, which recently paid a dividend on 2025-02-14 with an ex-dividend date of 1739491200. Stock splits for the company last occurred on 2024-09-12 when the company split stock in a 4:1 ratio.
