Last Updated: 18 Sep 2024
Executive Summary
Cintas Corporation (CTAS) is a leading provider of uniform rentals, mats, mops, cleaning and restroom supplies, first aid and safety products, and safety courses to businesses in North America. The company has a strong financial position with a market capitalization of $82.1 billion, EBITDA of $2.38 billion, and a profit margin of 16.4%. CTAS has a trailing PE ratio of 53.77 and a forward PE ratio of 49.26. The company's stock price is currently trading at $203.77, which is within its 52-week range of $117.65 to $209.12.
Company Overview
Cintas Corporation was founded in 1929 and is headquartered in Cincinnati, Ohio. The company has operations in the United States, Canada, Mexico, and Puerto Rico. CTAS provides a wide range of products and services to businesses of all sizes, including uniforms, mats, mops, cleaning and restroom supplies, first aid and safety products, fire extinguishers and testing, and safety courses. The company also offers a variety of managed services, such as uniform rental and cleaning, restroom cleaning, and safety training.
Fundamental Analysis
Cintas Corporation has a strong financial position with a market capitalization of $82.1 billion, EBITDA of $2.38 billion, and a profit margin of 16.4%. The company's revenue has grown at a compound annual growth rate (CAGR) of 6.5% over the past five years. CTAS has a strong balance sheet with low levels of debt and ample liquidity. The company's return on assets (ROA) and return on equity (ROE) are both above industry averages.
Technical Analysis
Cintas Corporation's stock price has been trending higher in recent months. The stock is currently trading above its 50-day and 200-day moving averages. The relative strength index (RSI) is also above 50, which indicates that the stock is overbought. However, the stock's moving average convergence divergence (MACD) is below zero, which indicates that the stock is in a downtrend.
Short Term Outlook
Cintas Corporation's stock price is likely to continue to trade sideways in the near term. The stock is overbought and the MACD is below zero, which indicates that the stock is in a downtrend. However, the stock is trading above its 50-day and 200-day moving averages, which indicates that the stock is in an uptrend.
Long Term Outlook
Cintas Corporation's long-term outlook is positive. The company has a strong financial position and a track record of growth. The company's products and services are essential to businesses of all sizes, and the company has a strong competitive position. CTAS is well-positioned to continue to grow its business in the years to come.
Analyst Recommendations
Analysts have a bullish outlook on Cintas Corporation. The consensus analyst rating is "buy" and the average analyst target price is $191.4. Three analysts have a "strong buy" rating, five analysts have a "buy" rating, ten analysts have a "hold" rating, one analyst has a "sell" rating, and two analysts have a "strong sell" rating.
