The Latest Breaking News from CTAs

Although hopes of a Fed pivot have boosted investor sentiment, a global recession could hit next year. Against this backdrop, we think fundamentally strong large-cap stocks Synopsys (SNPS), The Hershey Company (HSY), Cintas Corporation (CTAS), and Fortinet (FTNT) are good investments for stable returns. Read on….

Shares of Cintas Corporation (CTAS) have garnered significant investor attention of late over its strong fourth-quarter earnings that beat Wall Street estimates. In addition, the company’s solid top-line performance corresponds with its strategic growth plans. So, we think the stock could be a worthy addition to your portfolio. Read on….

Cintas (NASDAQ:CTAS) has outperformed the market over the past 10 years by 14.47% on an annualized basis producing an average annual return of 25.43%. Currently, Cintas has a market capitalization of $38.87 billion.

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.

The stock market is experiencing heightened volatility and given the Fed’s aggressive monetary stance to tame inflation, stocks might tumble further in price before hitting a bottom. Hence, we think dividend aristocrats W.W. Grainger (GWW), Target Corp. (TGT), and Cintas Corp. (CTAS) could be quality additions to one’s portfolio now.…

Industrial production and capacity utilization have increased significantly in the first quarter of this year, as per the Federal Reserve’s recent report. Also, planned infrastructure spending is expected to boost industrial activities and create new opportunities in the industrial market. Given this backdrop, we think the shares of industrial stocks…

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…

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.