Cintas Corporation [NASDAQ: CTAS] jumped around 11.25 points on Wednesday, while shares priced at $204.71 at the close of the session, up 5.82%.
Compared to the average trading volume of 1.75M shares, CTAS reached a trading volume of 3687106 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Cintas Corporation [CTAS]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CTAS shares is $208.38 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CTAS stock is a recommendation set at 2.76. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for Cintas Corporation shares, keeping their opinion on the stock as Sell, with their previous recommendation back on February 24, 2025. While these analysts kept the previous recommendation, Wells Fargo raised their target price to Underweight. The new note on the price target was released on August 13, 2024, representing the official price target for Cintas Corporation stock. Previously, the target price had yet another raise to $670, while Redburn Atlantic analysts kept a Neutral rating on CTAS stock. On July 19, 2024, analysts increased their price target for CTAS shares from 750 to 775.
The Average True Range (ATR) for Cintas Corporation is set at 5.16, with the Price to Sales ratio for CTAS stock in the period of the last 12 months amounting to 8.31. The Price to Book ratio for the last quarter was 19.24, with the Price to Cash per share for the same quarter was set at 0.30. Price to Free Cash Flow for CTAS in the course of the last twelve months was 44.53 with Quick ratio for the last quarter at 0.79.
How has CTAS stock performed recently?
Cintas Corporation [CTAS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.25. With this latest performance, CTAS shares dropped by -0.54% in over the last four-week period, additionally plugging by 0.35% over the last 6 months – not to mention a rise of 28.07% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CTAS stock in for the last two-week period is set at 58.10, with the RSI for the last a single of trading hit 63.51, and the three-weeks RSI is set at 55.22 for Cintas Corporation [CTAS]. The present Moving Average for the last 50 days of trading for this stock 200.45, while it was recorded at 195.67 for the last single week of trading, and 198.85 for the last 200 days.
Cintas Corporation [CTAS]: Deeper insight into the fundamentals
Cintas Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.79 and a Current Ratio set at 0.99.
Earnings analysis for Cintas Corporation [CTAS]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CTAS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Cintas Corporation go to 11.73%.
Insider trade positions for Cintas Corporation [CTAS]
There are presently around $67.24%, or 79.16%% of CTAS stock, in the hands of institutional investors. The top three institutional holders of CTAS stocks are: VANGUARD GROUP INC with ownership of 10.4 million shares, which is approximately 10.2509%. BLACKROCK INC., holding 6.74 million shares of the stock with an approximate value of $$4.72 billion in CTAS stocks shares; and BLACKROCK INC., currently with $$2.55 billion in CTAS stock with ownership which is approximately 3.5898%.
