Latest news with #CTAS
Yahoo
a day ago
- Business
- Yahoo
Is Cintas (CTAS) Stock Outpacing Its Business Services Peers This Year?
Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Is Cintas (CTAS) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out. Cintas is a member of the Business Services sector. This group includes 271 individual stocks and currently holds a Zacks Sector Rank of #3. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Cintas is currently sporting a Zacks Rank of #2 (Buy). Within the past quarter, the Zacks Consensus Estimate for CTAS' full-year earnings has moved 1.9% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Based on the most recent data, CTAS has returned 20.7% so far this year. In comparison, Business Services companies have returned an average of 0.3%. This means that Cintas is outperforming the sector as a whole this year. Another stock in the Business Services sector, H20 (HTO), has outperformed the sector so far this year. The stock's year-to-date return is 7.3%. Over the past three months, H20's consensus EPS estimate for the current year has increased 0.9%. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Cintas belongs to the Business - Services industry, a group that includes 26 individual stocks and currently sits at #72 in the Zacks Industry Rank. Stocks in this group have gained about 16.3% so far this year, so CTAS is performing better this group in terms of year-to-date returns. On the other hand, H20 belongs to the Waste Removal Services industry. This 23-stock industry is currently ranked #176. The industry has moved +9.9% year to date. Cintas and H20 could continue their solid performance, so investors interested in Business Services stocks should continue to pay close attention to these stocks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cintas Corporation (CTAS) : Free Stock Analysis Report Energias de Portugal (EDPFY) : Free Stock Analysis Report Banco De Chile (BCH) : Free Stock Analysis Report Atlas Copco AB (ATLKY) : Free Stock Analysis Report Legacy Education Inc. (LGCY) : Free Stock Analysis Report Fresnillo PLC (FNLPF) : Free Stock Analysis Report Embotelladora Andina S.A. (AKO.B) : Free Stock Analysis Report Benitec Biopharma Limited (BNTC) : Free Stock Analysis Report Michelin (MGDDY) : Free Stock Analysis Report Allegro MicroSystems, Inc. (ALGM) : Free Stock Analysis Report H2O America (HTO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
11-06-2025
- Business
- Yahoo
Jim Cramer Says Cintas (CTAS) Stock Being 'Up Here' is a 'Terrific Sign'
We recently published a list of . In this article, we are going to take a look at where Cintas Corporation (NASDAQ:CTAS) stands against other stocks that Jim Cramer discusses. During the episode, Cramer mentioned Cintas Corporation (NASDAQ:CTAS), and here is what he said: 'What else made the list yesterday? Cintas is not necessarily considered a subscription business. Hey, but their standard contract is five years for you to bring your company uniforms, first aid products, along with fire protection and safety gear. Sure, the stock typically goes down if we, you think we're headed for a slowdown, but Cintas can't join the new high list without robust blue-collar hiring. The fact that it's up here is a terrific sign, actually, for the broader economy.' Cintas Corporation (NASDAQ:CTAS) supplies corporate uniforms, facility services, safety products, and fire protection solutions, offering rental, cleaning, and sales services to businesses through a broad distribution network. During an April episode of Squawk on the Street, Cramer said he mentioned the company as he recommended people check out service companies. He commented: A corporate office with staff members wearing company branded uniforms. 'Small and medium sized businesses I think could still do well and I've been recommending people look at service companies. I think that those can do well. Domestic service, you know I'm talking about like a Cintas.' Overall, CTAS ranks 7th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of CTAS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-06-2025
- Business
- Yahoo
Are You Looking for a Top Momentum Pick? Why Cintas (CTAS) is a Great Choice
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Cintas (CTAS), which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Cintas currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> In order to see if CTAS is a promising momentum pick, let's examine some Momentum Style elements to see if this uniform rental company holds up. Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area. For CTAS, shares are up 1.89% over the past week while the Zacks Business - Services industry is flat over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 5.55% compares favorably with the industry's 0.97% performance as well. Considering longer term price metrics, like performance over the last three months or year, can be advantageous as well. Over the past quarter, shares of Cintas have risen 19.06%, and are up 33.05% in the last year. In comparison, the S&P 500 has only moved 1.99% and 12.34%, respectively. Investors should also take note of CTAS's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, CTAS is averaging 1,291,825 shares for the last 20 days. The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with CTAS. Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. These revisions helped boost CTAS's consensus estimate, increasing from $4.38 to $4.39 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period. Taking into account all of these elements, it should come as no surprise that CTAS is a #2 (Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Cintas on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cintas Corporation (CTAS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
04-06-2025
- Business
- Yahoo
Is Cintas (CTAS) Outperforming Other Business Services Stocks This Year?
For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Cintas (CTAS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question. Cintas is one of 271 companies in the Business Services group. The Business Services group currently sits at #3 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Cintas is currently sporting a Zacks Rank of #2 (Buy). Within the past quarter, the Zacks Consensus Estimate for CTAS' full-year earnings has moved 1.8% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving. Our latest available data shows that CTAS has returned about 24.6% since the start of the calendar year. Meanwhile, the Business Services sector has returned an average of -0.9% on a year-to-date basis. As we can see, Cintas is performing better than its sector in the calendar year. Another Business Services stock, which has outperformed the sector so far this year, is ABM Industries (ABM). The stock has returned 3% year-to-date. In ABM Industries' case, the consensus EPS estimate for the current year increased 1.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy). To break things down more, Cintas belongs to the Business - Services industry, a group that includes 26 individual companies and currently sits at #36 in the Zacks Industry Rank. Stocks in this group have gained about 18% so far this year, so CTAS is performing better this group in terms of year-to-date returns. ABM Industries is also part of the same industry. Cintas and ABM Industries could continue their solid performance, so investors interested in Business Services stocks should continue to pay close attention to these stocks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cintas Corporation (CTAS) : Free Stock Analysis Report ABM Industries Incorporated (ABM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
National Post
02-06-2025
- Business
- National Post
Cintas Corporation Climbs Ten Spots on the Fortune 500 List
Article content Article content CINCINNATI — Cintas Corporation (Nasdaq: CTAS) has maintained its status as a Fortune 500 company for the eighth consecutive year, coming in at 427. Cintas has improved its position in the Fortune 500 rankings, rising ten spots. Article content To qualify for the Fortune 500 list, the magazine considers U.S.-based companies that submit financial statements to a government agency. Companies are then ranked based on their total revenues for their respective fiscal years as of January 31, 2025. Article content Cintas' most recent fully disclosed fiscal year, FY24, ended on May 31, 2024. During that year, the company recorded revenues of $9.60 billion, an 8.9% increase from its fiscal year 2023 performance of $8.82 billion. Article content 'Sustaining this honor for eight consecutive years speaks volumes to the dedication of our more than 46,000 employee-partners and the exceptional service they provide to our customers,' said Todd Schneider, President and CEO of Cintas. 'We take pride in the trust our customers place in us, allowing their businesses to remain ready for the workday. It's an honor for us to be recognized amongst some of the best and most successful companies in the country.' Article content Cintas concluded its fiscal year, FY25, on May 31, 2025, and will report on the full-year results in July 2025. In the first three quarters of disclosed FY'25 earnings, Cintas reported revenues of $7.67 billion. This amount exceeded the equivalent FY'24 revenues of $7.13 billion by 7.57%. Article content Cintas Corporation helps more than one million businesses of all types and sizes get Ready™ to open their doors with confidence every day by providing products and services that help keep their customers' facilities and employees clean, safe, and looking their best. With offerings including uniforms, mats, mops, towels, restroom supplies, workplace water services, first aid and safety products, eye-wash stations, safety training, fire extinguishers, sprinkler systems and alarm service, Cintas helps customers get Ready for the Workday®. Headquartered in Cincinnati, Cintas is a publicly held Fortune 500 company traded over the Nasdaq Global Select Market under the symbol CTAS and is a component of both the Standard & Poor's 500 Index and Nasdaq-100 Index. Article content Article content Article content Article content
