Cintas (NASDAQ:CTAS) Given News Sentiment Rating of 0.15
Media headlines about Cintas (NASDAQ:CTAS) have trended somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cintas earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media stories about the business services provider an impact score of 46.3948930501246 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
- MGM Resorts International (MGM) In Active Momentum Stocks- Molson Coors Brewing Company (bulhufas.com)
- See what the IHS Markit Score report has to say about Cintas Corp. (finance.yahoo.com)
- Cintas Corporation (CTAS) Position Up in Latest Report from Artemis Investment Management Llp Last Quarter (highlightpress.com)
- Honing in on Shares of Cintas Corporation (NASDAQ:CTAS) – FLBC News (flbcnews.com)
- 2500 Company Stocks In Cintas Corporation (CTAS) Added by Fox Run Management LLC – Insider Tradings (insidertradings.org)
Cintas (NASDAQ:CTAS) traded down 1.87% during midday trading on Thursday, reaching $130.81. The company had a trading volume of 704,440 shares. The company has a market capitalization of $13.79 billion, a PE ratio of 29.82 and a beta of 0.84. The stock’s 50 day moving average is $130.25 and its 200 day moving average is $123.93. Cintas has a one year low of $102.07 and a one year high of $139.74.
Cintas (NASDAQ:CTAS) last announced its quarterly earnings data on Thursday, July 20th. The business services provider reported $0.75 EPS for the quarter, missing the consensus estimate of $1.05 by $0.30. Cintas had a net margin of 5.31% and a return on equity of 13.63%. The firm had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same quarter in the prior year, the firm earned $1.08 earnings per share. The firm’s revenue for the quarter was up 23.1% on a year-over-year basis. Equities research analysts forecast that Cintas will post $5.23 earnings per share for the current fiscal year.
Several equities analysts recently weighed in on CTAS shares. Zacks Investment Research raised Cintas from a “hold” rating to a “buy” rating and set a $142.00 price objective for the company in a research report on Friday, June 2nd. Instinet cut Cintas from a “buy” rating to a “neutral” rating and cut their price target for the company from $142.00 to $130.00 in a report on Tuesday, June 27th. Nomura cut Cintas from a “buy” rating to a “neutral” rating in a report on Wednesday, June 28th. Stifel Nicolaus upped their price target on Cintas from $123.00 to $136.00 and gave the company a “hold” rating in a report on Friday, July 21st. Finally, Deutsche Bank AG set a $130.00 price target on Cintas and gave the company a “hold” rating in a report on Friday, July 21st. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $133.42.
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Cintas Company Profile
Cintas Corporation is a provider of corporate identity uniforms through rental and sales programs, as well as a provider of related business services, including entrance mats, restroom cleaning services and supplies, carpet and tile cleaning services, first aid and safety services and fire protection products and services.
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