More about Cintas Corporation
Regulatory Filings for Cintas Corporation
Fundamentals for Cintas Corporation
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Fundamentals for Cintas Corporation
Business Operations:
Sector: IndustrialsIndustry: Specialty Business Services
Cintas Corporation engages in the provision of corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms. In addition, the company offers first aid and safety services, and fire protection products and services. It provides its products and services through its distribution network and local delivery routes, or local representatives to small service and manufacturing companies, as well as major corporations. The company was founded in 1968 and is based in Cincinnati, Ohio. Cintas Corporation was formerly a subsidiary of Cintas Corporation.
Revenue projections:
With CTAS's revenue expected to be lower than the previous year, investors may become cautious. Declining revenues often negatively impact the bottom line, reducing profitability and raising concerns among investors about the company's ability to maintain strong financial performance moving forward.
Financial Ratios:
| currentRatio | 1.98300 |
|---|---|
| forwardPE | 32.20538 |
| debtToEquity | 60.94300 |
| earningsGrowth | 0.09700 |
| revenueGrowth | 0.08900 |
| grossMargins | 0.50362 |
| operatingMargins | 0.23224 |
| trailingEps | 4.73000 |
| forwardEps | 5.42487 |
CTAS's current ratio being 1.983 suggests that it has more than enough liquidity to cover short-term debt obligations. The company's cash reserves and current assets are sufficient to meet immediate liabilities, signaling solid financial health and minimal risk.
CTAS's positive gross and operating margins indicate strong financial performance. These margins show that the company is profitable and efficient in its operations, with effective cost control contributing to its overall financial success.
CTAS's forward EPS is higher than its trailing EPS, suggesting the company is expected to improve its profitability this financial year. This reflects growing confidence in CTAS's earnings potential, with forecasts indicating better financial performance than in the prior year.
Price projections:
CTAS's price projections have been revised downward gradually, indicating that analysts are tempering their expectations. This downward shift suggests a more cautious outlook on the company's growth prospects.
Insider Transactions:
CTAS stock was sold in 5 transactions, with market price at 204.4720001220703.1 transactions to buy CTAS occurred, with market price at 221.32000732421875.The insider transaction records show no compelling upward or downward trend, providing little insight into the company’s potential direction.
Recommendation changes over time:
Cintas Corporation has received a favorable buy bias from analysts recently, positioning it as a solid investment opportunity. This sentiment may attract more investors, who view Cintas Corporation as a stable option to park their money and potentially benefit from the company's continued growth and profitability.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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