Cintas Corporation (CTAS) Stock Forecast & Predictions

Cintas Corporation CTAS: $397.37

, , , . | Sector: Public Administration | Exchange: NASDAQ | Web: www.cintas.com

  • Market Cap$41.76B
  • Change (52 Weeks)23.80%
  • Low (52 Weeks)$308.94
  • Cintas Corporation (CTAS) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, Cintas Corporation (CTAS) stock price is $397.37 and the 52 weeks low is $308.94, which means the Cintas Corporation stock price is up 23.80% in the last 12 months.

    Cintas Corporation (CTAS) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that CTAS Stock price might rise further, 18.75% indicating that CTAS Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall CTAS stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Cintas Corporation (CTAS) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Cintas Corporation (CTAS) is based on 20 Institutional Analyst Ratings where 30.00% are on Strong Buy, 30.00% on Moderate Buy, 35.00% remains on Hold, 0.00% are on Moderate Sell and 5.00% are on Strong Sell.

    Out of 20 Institutional Analysts, majority recommended CTAS stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Cintas Corporation.

    Cintas Corporation (CTAS) Stock Price Prediction By Analysts


    HighLowAverage
    $493.50$356.53$420.85
    $420.855.91% Upside
    Updated: 2021-09-19 00:00:00

    The Average Price target for CTAS set by the institutional analysts is $420.85 where High Estimate is $493.50, Median $433.5 and Low $356.53.

    The average price target for CTAS by Institutional Analysts is $420.85, which is 5.91% Upside from the current price. So according to the Institutional Analysts, CTAS Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Cintas Corporation (CTAS) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 479,658 investor portfolio.

    Our algorithm has analysed 479,658 investor portfolio with CTAS stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about CTAS and holding their positions hoping for a further rise in the stock price and more profit.

    Cintas Corporation (CTAS) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Morgan StanleyEqual-WeightMaintained
    Argus ResearchBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseNeutralMaintained
    BarclaysOverweightMaintained
    BairdOutperformUpgraded
    Goldman SachsBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightUpgraded
    Morgan StanleyUnderweightMaintained
    Morgan StanleyUnderweightMaintained
    JefferiesBuyMaintained
    Argus ResearchBuyInitiated
    RBC CapitalOutperformMaintained
    Morgan StanleyUnderweightMaintained
    StifelHoldMaintained
    Morgan StanleyUnderweightMaintained
    JefferiesBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    RBC CapitalOutperformMaintained
    B of A SecuritiesNeutralDowngraded
    StifelHoldMaintained
    RBC CapitalOutperformMaintained
    Morgan StanleyUnderweightMaintained
    Credit SuisseNeutralMaintained
    William BlairMarket PerformDowngraded
    Credit SuisseNeutralMaintained
    BairdNeutralDowngraded
    RBC CapitalOutperformMaintained
    Morgan StanleyUnderweightMaintained
    JP MorganOverweightMaintained
    JefferiesBuyInitiated
    Morgan StanleyUnderweightMaintained
    Stifel NicolausHoldMaintained
    RBC CapitalOutperformMaintained
    Morgan StanleyUnderweightMaintained
    Credit SuisseNeutralMaintained
    BairdOutperformMaintained
    NomuraNeutralMaintained
    Morgan StanleyUnderweightMaintained
    Morgan StanleyUnderweightMaintained
    Morgan StanleyUnderweightMaintained
    Bank of AmericaBuyUpgraded
    Credit SuisseNeutralMaintained
    BairdOutperformMaintained
    RBC CapitalOutperformInitiated
    Morgan StanleyUnderweightMaintained
    Morgan StanleyUnderweightMaintained
    BarclaysOverweightMaintained
    Morgan StanleyUnderweightMaintained
    Credit SuisseNeutralInitiated
    Stifel NicolausHoldMaintained
    Morgan StanleyUnderweightMaintained
    BarclaysOverweightMaintained
    Morgan StanleyUnderweightMaintained
    Goldman SachsBuyInitiated
    Stifel NicolausHoldMaintained
    Morgan StanleyUnderweightMaintained
    JP MorganOverweightMaintained
    Morgan StanleyUnderweightMaintained
    BairdOutperformMaintained
    Morgan StanleyUnderweightMaintained
    BarclaysOverweightMaintained
    Morgan StanleyUnderweightMaintained
    Deutsche BankHoldMaintained
    InstinetNeutralDowngraded
    Deutsche BankHoldInitiated
    KeyBancOverweightMaintained
    NomuraBuyMaintained
    MacquarieNeutralInitiated
    NomuraBuyMaintained
    Morgan StanleyUnderweightMaintained
    KeyBancOverweightMaintained
    BarclaysOverweightUpgraded
    BairdOutperformUpgraded
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    NomuraBuyInitiated
    KeyBancOverweightUpgraded
    Sterne Agee CRTNeutralInitiated
    Morgan StanleyUnderweightDowngraded
    BarclaysEqual-WeightMaintained
    Bank of AmericaUnderperformMaintained
    Morgan StanleyEqual-WeightInitiated
    BarclaysEqual-WeightMaintained
    JefferiesBuyMaintained
    BarclaysEqual-WeightMaintained
    JP MorganOverweightMaintained
    Bank of AmericaUnderperformMaintained
    BarclaysEqual-WeightMaintained
    JefferiesBuyMaintained
    JP MorganOverweightMaintained
    BarclaysEqual-WeightMaintained
    Credit SuisseNeutralMaintained
    Bank of AmericaUnderperformMaintained
    Credit SuisseNeutralInitiated
    PiperJaffrayNeutralInitiated
    BarclaysEqual-WeightMaintained
    RBC CapitalOutperformInitiated
    JefferiesBuyMaintained
    JefferiesBuyInitiated
    JefferiesBuyInitiated
    CitigroupBuyMaintained
    JP MorganOverweightMaintained
    CitigroupBuyMaintained
    Bank of AmericaUnderperformMaintained
    Morgan StanleyUnderweightMaintained
    CitigroupBuyMaintained
    Barrington ResearchMarket PerformDowngraded
    KeyBancHoldDowngraded
    Morgan StanleyUnderweightMaintained
    CitigroupBuyMaintained
    Barrington ResearchOutperformMaintained
    CitigroupBuyMaintained
    JP MorganOverweightUpgraded

    Cintas Corporation (CTAS) Stock Earning Per Share (EPS) Forecast / Estimate


    $2.730
    The average consensus EPS for CTAS is $2.730 with a high estimate of $3.013 and Low of $2.499 for the period 2021-12-31 and based on 15 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $$2.79464700000000032022-03-31


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$2.72960159999999962022-06-30
    $$2.79464700000000032022-03-31
    $2.47$2.34516362021-12-31
    $2.37$2.25972842021-09-30
    $2.62$2.22846539999999972021-06-30
    $2.78$2.17283460000000032021-03-31
    $1.35$1.23608700000000022020-12-31
    $2.16$2.0564732020-09-30
    $2.27$2.07023280000000032020-06-30
    $2.32$2.19684540000000042020-03-31
    $2.07$1.97095619999999982019-12-31
    $1.84$1.74857582019-09-30
    $1.76$1.73458140000000022019-06-30
    $1.93$1.844162019-03-31
    $1.77$1.70033999999999972018-12-31
    $1.37$1.29401282018-09-30
    $1.31$1.29155462018-06-30
    $1.45$1.32668342018-03-31
    $0.75$1.11747120000000022017-12-31
    $1.11$1.08922740000000022017-09-30
    $1.13$1.17737582017-06-30
    $1.26$1.10703659999999982017-03-31
    $1.08$1.02437579999999982016-12-31
    $1.05$0.96742920000000012016-09-30
    $1.03$1.0160732016-06-30
    $0.93$0.92271240000000012016-03-31
    $0.86$0.86335859999999992015-12-31
    $0.85$0.80444342015-09-30
    $0.86$0.79122422015-06-30
    $0.78$0.76791720000000012015-03-31
    $0.76$0.76547942014-12-31
    $0.69$0.70815542014-09-30
    $0.7$0.69730260000000012014-06-30
    $0.63$0.64344662014-03-31
    $0.69$0.71327582013-12-31
    $0.6$0.62769782013-09-30
    $0.63$0.6363272013-06-30
    $0.6$0.59709782013-03-31
    $0.6$0.60908282012-12-31
    $0.58$0.52821719999999992012-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).