Stock To Watch: Cintas Corporation (NASDAQ:CTAS)


The leading market experts have placed a mean price target of $99.13 on Cintas Corporation (NASDAQ:CTAS) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.16 a share for the upcoming quarter and $4.43 for the current fiscal. Technical View The technical analysis of Cintas Corporation plainly substantiates that the 50-day moving average of Cintas Corporation is $99.88, and stock is hovering 6.44 or +6.45% distant from $99.88. It is noted that the 200-day MA is $91.51, and Cintas Corporation stock is $14.81 or +16.18% off from this point. Cintas Corporation (NASDAQ:CTAS) 52-week high is $109.11 and the 52-week low is $78.00. This explains if the stock moves $-2.79, it will post a 52-week high. In event of $+36.31% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Cintas Corporation, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Cintas Corporation (NASDAQ:CTAS) ratio came in at 17.03. The stock last ended the trading session at $106.32 and registered a market cap of $11.08B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Cintas Corporation (NASDAQ:CTAS) PEG ratio is at 2.33.

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