{ }
Symbol CTAS
Name Cintas Corporation
Currency USD
Sector Industrials
IndustryGroup Commercial & Professional Services
Industry Professional Services
Market NASDAQ Global Select
Country United States
State OH
City Cincinnati
Zipcode 45262
Website http://www.cintas.com
Cintas Corporation, a leader in the American market for work uniforms, has received a Buy rating from UBS. The company's net sales are primarily driven by uniform rentals, accounting for 77.8%, while additional services such as restroom cleaning and first aid/security contribute 22.2%.
Hollencrest Capital Management, Addison Advisors LLC, and Grove Bank & Trust significantly increased their stakes in Cintas, with ownership now at 63.46% by institutional investors. Analysts have mixed ratings on the stock, with UBS Group lowering its price target to $218, while Cintas reported a quarterly EPS of $1.09, exceeding expectations. The stock is currently trading at $182.78, with a consensus price target of $197.57.
Hollencrest Capital Management, Addison Advisors LLC, and Grove Bank & Trust significantly increased their stakes in Cintas, with ownership now at 63.46% by institutional investors. Cintas reported a quarterly EPS of $1.09, surpassing estimates, and analysts have mixed ratings, with a consensus price target of $197.57. UBS Group recently lowered its price target to $218.00, indicating a potential upside from the stock's previous close.
Leaders from the healthcare sector gathered in Atlanta for TRSA’s 13th Annual Healthcare Conference, focusing on AI's impact on commercial laundries. Keynote speaker Andrew Busch discussed economic trends, while panel discussions featured insights from industry executives on automation and healthcare services. The event concluded with a plant tour of NOVO Health Services and plans for the 2025 conference in Boston.
On Election Day, Jim Cramer identified ten stocks likely to thrive under either Vice President Kamala Harris or former President Donald Trump, emphasizing companies with strong management and resilience to political shifts. Highlighted stocks include Walmart, Costco, TJX, Netflix, T-Mobile, Palo Alto Networks, CrowdStrike, Palantir, GE Vernova, and Cintas, all positioned to benefit from ongoing market trends and consumer needs.
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