Can Cintas Corporation (NASDAQ:CTAS) grow after Earnings?


Cintas Corporation (NASDAQ:CTAS) moved up 4.72% and closed its last trading session at $124.87. This Industrial Products Sector stock currently has the Market Capitalization of 13.12 Billion. The Average Volume for the stock is measured as 541.96 Million. The Stock has a 52-Week High of $125.93 and 52-Week Low of $85.86 following the dates, it touched its 52-Week High on Mar 17, 2017 and 52-Week Low on Mar 23, 2016. Currently, the Return on Assets value for the trailing twelve months is 0% with the Return on Equity and Return on Investment of 0% and 0% respectively. This firm currently has YTD (year to date) performance of 8.06 Percent which is awesome. The Short Ratio for the stock is 7.91.

Cintas Corporation (NASDAQ:CTAS) Price to Earnings (P/E) ratio is 27.07. EPS or Earning per Share stands at $4.61. The TTM operating margin is 0 percent.

Cintas Corporation (NASDAQ:CTAS) reports its Earnings on Wed 22 Mar (In 3 Days). The estimated EPS for the current quarter is said to be $1.06. Following Earnings result, share price were DOWN 14 times out of last 27 Qtrs. The stock has added about 4% since it reported its last earnings. The Closing price of Cintas Corporation (NASDAQ:CTAS) at Last Earnings was $120.09 as compared to the previous closing price of $119.24. The Predicted Move on the 7th day after Cintas Corporation (NASDAQ:CTAS) will release its earnings at about 3%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Cintas Corporation (NASDAQ:CTAS) beats earnings by 83%, The Stock Missed Earnings  2  times and has met earnings  0 times.

Earnings History:

We will discuss the past Quarters Earnings below:

Cintas Corporation (NASDAQ:CTAS) reported its previous quarter on 12/22/2016 where it reported the Actual Earnings of $1.13. The Closing price before the company posted its earnings was $120.09. The Stock declined on the very next day of earnings and maintained its stock price at $116.36 by showing a % change of -3.11 percent from its previous closing price. The Next Day Volume after Earnings was reported as 2.39 Million. On the 7th day After Earnings Report, the stock hit its share price as $116.32 by showing -3.14% decrease from the Stock price Before Earnings were reported.

On 09/27/2016, the stock reported the EPS of $1.26 where Analysts were projecting the EPS to be $1.09 showing a difference of $0.17. Thus Surprise Factor was there with 15.6 percent. Before Earnings Announcement on 09/27/2016, the firm had its stock price of $111.98. And immediately on the next day after earnings announcement, the stock inclined 2.41% and closed its trading session at $114.68. On 7th Day after earnings release, Cintas Corporation (NASDAQ:CTAS) dropped to -1.72% from $111.98 to $110.05.

On 03/22/2016, Analysts were suspecting EPS of $1/share where Cintas Corporation (NASDAQ:CTAS) reported its Actual EPS of $1.08. Thus showing a Surprise of 8 percent. The Closing Price of the stock before earnings was $89.19 while on the Next day the stock closed its trading session at $85.18 with a percentage change of -4.5% from the price of 89.19 before Earnings. The Stock Closing Price on the 7th day of earnings was $88.5.

Company Profile:

Cintas Corporation provides corporate identity uniforms and related business services primarily in North America, Latin America, Europe, and Asia. Its Rental Uniforms and Ancillary Products segment rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, and carpet and tile cleaning services. The company’s Uniform Direct Sales segment is involved in the direct sale of uniforms and related items. Its First Aid, Safety, and Fire Protection Services segment offers first aid, safety, and fire protection products and services. The company offers its products and services through its distribution network and local delivery routes, or local representatives to small service and manufacturing companies, as well as corporations. Cintas Corporation was founded in 1968 and is based in Cincinnati, Ohio.