Cintas Corporation ($CTAS) Stock Forecast: Up 2.5% Today

What is Cintas Corporation?

Cintas Corporation (NASDAQ: CTAS) is a corporate apparel company that provides specialized services such as uniform rental, first aid, and safety products.

Why is Cintas Corporation going up?

CTAS stock is up 2.5% on Sep 25, 2024 15:06

• Strong Q1 earnings were reported by Cintas, surpassing analyst expectations and showcasing a revenue increase of 6.8%.
• The positive earnings report and improved outlook of the company likely contributed to the stock's bullish movement.
• Market sentiment towards Cintas was optimistic, with a notable number of traders displaying positivity in options trading.
• The rising demand for Cintas' products like AED Rentals and eyewash stations also influenced the upward movement of the stock price.

CTAS Price Chart

CTAS Technical Analysis

CTAS News

Cintas Beats Q1 Earnings On Margin Strength, Boosts Outlook - Cintas ( NASDAQ:CTAS )

Corporate apparel company Cintas Corporation CTAS shares are trading relatively flat on Wednesday. The company reported first-quarter earnings per share of $1.10, beating the analyst consensus of 95 cents. Quarterly sales of $2.50 billion ( +6.8% ) marginally outpaced the street view of $2.495 ...

https://www.benzinga.com/news/earnings/24/09/41026587/cintas-beats-q1-earnings-on-margin-strength-boosts-outlook

Cintas, Micron Technology And 3 Stocks To Watch Heading Into Wednesday - Cintas ( NASDAQ:CTAS )

With U.S. stock futures trading lower this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Cintas Corporation CTAS to report quarterly earnings at 95 cents per share on revenue of $2.5 billion before the opening bell, according to ...

https://www.benzinga.com/news/earnings/24/09/41018149/cintas-micron-technology-and-3-stocks-to-watch-heading-into-wednesday

Cintas Options Trading: A Deep Dive into Market Sentiment - Cintas ( NASDAQ:CTAS )

Financial giants have made a conspicuous bullish move on Cintas. Our analysis of options history for Cintas CTAS revealed 12 unusual trades. Delving into the details, we found 41% of traders were bullish, while 41% showed bearish tendencies.

https://www.benzinga.com/insights/options/24/09/41013865/cintas-options-trading-a-deep-dive-into-market-sentiment

Cintas Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts - Cintas ( NASDAQ:CTAS )

Cintas Corporation CTAS will release earnings results for its first quarter, before the opening bell on Wednesday, Sept. 25. Analysts expect the Cincinnati, Ohio-based company to report quarterly earnings at 95 cents per share, up from 92 cents per share in the year-ago period.

https://www.benzinga.com/news/earnings/24/09/41002505/cintas-gears-up-for-q1-print-here-are-the-recent-forecast-changes-from-wall-streets-most-accurate-a

Cintas Gears Up to Report Q1 Earnings: What's in the Offing?

CTAS' fiscal first-quarter results are likely to gain from the increasing demand for AED Rentals, eyewash stations and WaterBreak products.

https://www.zacks.com/stock/news/2340063/cintas-gears-up-to-report-q1-earnings-whats-in-the-offing

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Cintas Corporation Price History

25.08.2024 - CTAS Stock was up 2.5%

• Strong Q1 earnings were reported by Cintas, surpassing analyst expectations and showcasing a revenue increase of 6.8%.
• The positive earnings report and improved outlook of the company likely contributed to the stock's bullish movement.
• Market sentiment towards Cintas was optimistic, with a notable number of traders displaying positivity in options trading.
• The rising demand for Cintas' products like AED Rentals and eyewash stations also influenced the upward movement of the stock price.

12.08.2024 - CTAS Stock was down 74.5%

• Positive developments for the industry included Timken (TKR) acquiring CGI and Proto Labs (PRLB) introducing the Axtra3D HPS technology.
• Investor focus might have shifted from CTAS due to Rockwell Automation (ROK) revealing a $1 billion share repurchase authorization.
• Greif (GEF) expanding with a new facility and Proto Labs enhancing 3D printing capabilities could have underscored potential weaknesses in innovation or expansion for CTAS.
• The market sentiment toward industrial companies may have changed, possibly impacting CTAS negatively despite positive sector advancements.

26.08.2023 - CTAS Stock was down 5.2%

• The bearish movement in CTAS stock today could be attributed to the following factors:
• 1. Despite reporting strong Q1 earnings and revenue in line with estimates, the stock may have experienced a decline due to profit-taking by investors.
• 2. The overall market sentiment, with the Nasdaq Composite falling more than 1% and the S&P 500 also experiencing a decline, could have influenced the bearish movement in CTAS stock.
• 3. The weak earnings forecast for the year provided by United Natural Foods Inc. (UNFI), another company mentioned in the news articles, may have negatively impacted investor sentiment and indirectly affected CTAS stock.

26.08.2023 - CTAS Stock was down 3.2%

• Despite beating earnings estimates and reporting strong revenue growth, CTAS experienced a bearish market movement.
• The market may have reacted negatively due to profit-taking after a period of gains.
• Investors may have had higher expectations for the company's earnings and revenue growth, leading to disappointment.
• The overall market sentiment or macroeconomic factors could have influenced the bearish movement of CTAS.

22.11.2023 - CTAS Stock was up 6.4%

• The bullish movement in CTAS could be attributed to the positive quarterly results discussed in an article from CNBC, where the CEO highlighted the company's performance and customer trends.
• The comprehensive guide mentioned in an article from GuruFocus might have provided investors with a positive outlook on the stock, leading to increased buying interest.
• The overall market sentiment towards high-growth stocks, as mentioned in an article from Investor Place, could have influenced investors to consider CTAS as a potential investment option.
• It is important to note that the other articles do not directly mention any news or events that could have caused the bullish movement in CTAS.

27.02.2024 - CTAS Stock was up 7.9%

• CTAS stock saw a significant increase in value today.
• The company's Q3 results surpassed earnings per share projections and showed higher revenue than anticipated.
• A positive outlook for FY24 was a key factor in the stock reaching new all-time highs.
• Strong financial indicators, competitive advantages, and general market confidence in the company's performance contributed to the upward movement in the market.

27.02.2024 - CTAS Stock was up 9.5%

• CTAS stock surged after announcing strong third-quarter financial results and an increase in FY24 guidance.
• Third-quarter profits exceeded expectations and outperformed industry forecasts, leading to a favorable response from investors.
• CTAS reached new all-time highs based on its earnings and optimistic outlook, highlighting its growth prospects.
• The rise in third-quarter revenues and profits, combined with the revised FY24 guidance, bolstered investor confidence in CTAS, driving the stock price up.

27.02.2024 - CTAS Stock was up 7.0%

• Following robust Q3 earnings and a positive future outlook, CTAS stock reached new all-time highs.
• Earnings per share saw a significant increase of 22.3% to $3.84, while total revenue grew by almost 10% to $2.4 billion, surpassing expectations.
• Investors reacted favorably to the strong performance, pushing the stock price upwards as they anticipate sustained growth and profitability from the company.
• The market's optimistic response demonstrates confidence in CTAS's ability to deliver strong financial results and take advantage of growth opportunities in its industry.

27.02.2024 - CTAS Stock was up 8.2%

• CTAS stock saw a notable upsurge in trading today.
• Third-quarter earnings per share exceeded analyst projections, with quarterly revenue also beating street estimates.
• The strong financial performance and raised guidance for FY24 were key drivers behind the substantial stock price increase.
• The favorable earnings and positive future outlook bolstered investor confidence in Cintas, leading to the bullish market movement.

18.06.2024 - CTAS Stock was up 5.2%

• CTAS stock experienced a strong bullish movement today.
• The upbeat earnings report for Q4 FY2024, where Cintas beat EPS estimates and matched revenue expectations, contributed to the positive market sentiment.
• The company's ambitious FY25 revenue target also added to investor confidence in the stock's future growth prospects.
• Overall, the impressive financial performance and optimistic outlook from Cintas drove the stock higher as investors reacted positively to the news.

18.06.2024 - CTAS Stock was up 6.0%

• Following the release of its Q4 2024 earnings report, CTAS stock showed a strong bullish movement.
• The company surpassed analyst estimates with earnings per share of $3.99, demonstrating significant growth from the previous year.
• CTAS reported revenue of $2.47 billion, surpassing expectations and contributing to positive market sentiment.
• Investors reacted positively to CTAS's strong performance, leading to a rise in stock price as the company achieved record highs and exceeded market expectations.

18.06.2024 - CTAS Stock was up 5.1%

• CTAS stock demonstrated a strong bullish movement recently.
• The company unveiled impressive fourth-quarter earnings, exceeding both EPS and revenue projections.
• The robust performance was underpinned by an 8.2% year-over-year revenue growth, highlighting its strong financial position and operational effectiveness.
• Cintas set ambitious revenue goals for FY25 and revealed plans for a 4-for-1 stock split, further reinforcing investor confidence and fueling the uptrend in the market.