Is Cintas Corporation (NASDAQ: CTAS) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

CTAS belongs to the Industrials sector of the NASDAQ while operating in the Specialty Business Services industry. The current market capitalization of Cintas Corporation is $88.53B. A total of 1.35 million shares were traded on the day, compared to an average of 1.33M shares.

In the most recent transaction, Schneider Todd M. sold 6,896 shares of CTAS for 764.05 per share on Jul 29 ’24. After the transaction, the CEO and Director now owns 146,936 company shares. In a previous transaction on Jul 29 ’24, Schneider Todd M. bought 6,896 shares at 763.06 per share.

Among the insiders who sold shares, Adolph Gerald S disposed of 1,100 shares on Jul 24 ’24 at a per-share price of $765.72. This resulted in the Director holding 31,452 shares of CTAS after the transaction. In another insider transaction, Rozakis Jim sold 1,318 shares at $693.71 per share on May 07 ’24. Company shares held by the Executive Vice President & COO now total 59,770.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Cintas Corporation pays an annual dividend of $5.61, resulting in a dividend yield of 2.56%, and it has a price to earnings (P/E) ratio of 55.45. CTAS’s most recent ex-dividend date was 11/15/2024 when it declared a $0.39 quarterly dividend that was paid in cash on 12/13/2024. Previously, the company paid the dividend on 9/3/2024 with an ex-dividend date of 8/15/2024. The CTAS stock dividend was $0.39 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, CTAS has a high of $217.51 and a low of $129.15.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. CTAS’s latest balance sheet shows that the firm has $90.47M in Cash & Short Term Investments as of fiscal 2022. There were $2.97B in debt and $1.43B in liabilities at the time. Its Book Value Per Share was $9.97, while its Total Shareholder’s Equity was $3.31B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CTAS is Buy with a score of 3.56.

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