The Latest Breaking News from Cintas

The Barchart Chart of the Day belongs to Cintas Corp (CTAS) . I found the stock by using Barchart.com to find the "Barchart New Highs" page, and then I clicked on pull-down to select stocks with new 52-week highs. I then viewed the stocks on the list with the FlipCharts...

Police say a tent collapse in suburban Chicago injured at least 26 people

Cintas (NASDAQ:CTAS) has outperformed the market over the past 15 years by 9.68% on an annualized basis producing an average annual return of 16.14%. Currently, Cintas has a market capitalization of $38.79 billion.

Cintas (NASDAQ:CTAS) has outperformed the market over the past 5 years by 14.57% on an annualized basis producing an average annual return of 25.74%. Currently, Cintas has a market capitalization of $40.73 billion.

Deepening logistical disruptions caused by the Russia-Ukraine war, record-high inflation, and high oil prices have dampened investor sentiment. Furthermore, many economists expect the economy to succumb to a recession, with inflation hitting a fresh 40-year high and oil prices soaring. Therefore, we think it could be wise to bet on…

Upgrades

Cintas Corp's (NASDAQ:CTAS) price target was raised to $493 from $460 by Goldman Sachs analyst George Tong while maintaining the Buy rating on the shares. Tong predicts continued strength from the healthcare sector that is increasingly adopting uniform rental programs at Cintas post-COVID due to cost and hygiene benefits. Related: Cintas' Q3 Results Beat Estimates, Clocks…

Cintas Corp (NASDAQ:CTAS) reported third-quarter revenue growth of 10.3% year-over-year to $1.96 billion and +10% on an organic basis, beating the consensus of $1.91 billion. Adjusted EPS was $2.69 for the quarter, which beat the consensus of $2.43. The operating income increased 24.9% Y/Y to $407.61 million, and the margin expanded by 242…

  Cintas (NASDAQ:CTAS) reported its Q3 earnings results on Wednesday, March 23, 2022 at 08:30 AM. Here's what investors need to know about the announcement.