Cintas Corporation (NASDAQ:CTAS) had a strong performance despite facing losses on certain days, outperforming competitors. The company reported high earnings for Q4 and FY 2024, with record revenues and strong margins. Its Q4 earnings exceeded expectations and projections were raised for FY 2025. As a result, price targets for CTAS were increased by firms like Citi, Truist Financial, Morgan Stanley, and UBS Group. However, some analysts still maintain a 'sell' or 'hold' rating. The firm announced a 1:4 share split and was named one of Selling Power's 60 best companies to sell for in 2024. However, Cintas stock has had days of underperformance compared to its competitors. Despite some downgrades, the company reported strong growth surpassing analyst expectations, with earnings beating estimates. This led to various analysts boosting their forecasts. Institutional ownership of CTAS is significant at 64%.
Cintas Corp CTAS News Analytics from Thu, 07 Dec 2023 18:27:23 GMT to Sun, 21 Jul 2024 15:49:27 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor -4
