Cintas Corporation (CTAS) has clearly been making waves in the market recently, especially following the announcement of a four-for-one stock split. Investment stalwarts such as billionaire Richard Chilton are putting their faith in Cintas, labelling it a 'safe stock', although an insider has opted to reduce their holding slightly. A significant revelation has emerged in the form of a filed
SEC Form 8-K, amending the company's articles of incorporation, changing its fiscal year and presenting new financial statements and exhibits. The company's operating efficiency is seeing industry-leading success, with Thoroughbred Financial Services LLC purchasing an additional 2,580 shares. This performance has caused the stock price to hit an all-time high of $812.58, before undergoing a slight dip. Cintas' stock has outperformed its competitors and scored Cross Directors on the 'Most Influential Corporate Directors' list. Earning estimates for Q4 have been surpassed, hitching the
CTAS stock on an upward trajectory. As Cintas Q4 earnings and revenues beat estimates, it is currently being highlighted as a stock to invest for long-term growth.
Cintas Corp CTAS News Analytics from Thu, 21 Dec 2023 08:00:00 GMT to Sat, 14 Sep 2024 12:17:08 GMT -
Rating 8
- Innovation 6
- Information 9
- Rumor -3
