Cintas Stock Price on February 14, 2024
| CTAS Stock | USD 674.04 11.75 1.77% |
Below is the normalized historical share price chart for Cintas extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Cintas stands at 674.04, as last reported on the 6th of May, with the highest price reaching 675.83 and the lowest price hitting 665.78 during the day.
If you're considering investing in Cintas Stock, it is important to understand the factors that can impact its price. We consider Cintas very steady. Cintas secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Cintas, which you can use to evaluate the volatility of the firm. Please confirm Cintas' Mean Deviation of 0.7275, risk adjusted performance of 0.0922, and Downside Deviation of 0.7528 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%.
At this time, Cintas' Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 110.4 M in 2024, despite the fact that Treasury Stock is likely to grow to (6.2 B). . At this time, Cintas' Price To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 11.74 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop 22.08 in 2024. Cintas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of August 1983 | 200 Day MA 566.6627 | 50 Day MA 650.521 | Beta 1.263 |
Cintas |
Sharpe Ratio = 0.117
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Estimated Market Risk
| 1.28 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Cintas is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Cintas by adding it to a well-diversified portfolio.
Price Book 16.0174 | Enterprise Value Ebitda 28.9849 | Price Sales 7.207 | Shares Float 86.2 M | Dividend Share 5.2 |
Related Headline
Dolby Laboratories Headline on 14th of February 2024
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Cintas Valuation on February 14, 2024
It is possible to determine the worth of Cintas on a given historical date. On February 14, 2024 Cintas was worth 606.47 at the beginning of the trading date compared to the closed value of 612.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cintas stock. Still, in general, we apply an absolute valuation method to find Cintas' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Cintas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cintas' related companies.
| Open | High | Low | Close | Volume | |
| 611.00 | 611.85 | 602.80 | 604.61 | 444,291 | |
02/14/2024 | 606.47 | 613.19 | 603.77 | 612.67 | 356,794 |
| 616.09 | 621.93 | 613.47 | 621.02 | 303,347 |
| Backtest Cintas | | | Cintas History | | | Cintas Valuation | Previous | Next |
Cintas Trading Date Momentum on February 14, 2024
| On February 15 2024 Cintas was traded for 621.02 at the closing time. The top price for the day was 621.93 and the lowest listed price was 613.47 . The trading volume for the day was 303.3 K. The trading history from February 15, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 1.36% . The overall trading delta against the current closing price is 3.19% . |
Cintas Fundamentals Correlations and Trends
By evaluating Cintas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cintas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cintas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cintas Stock history
Cintas investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Cintas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cintas will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Cintas stock prices may prove useful in developing a viable investing in Cintas
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 93 M | 110.4 M | |
| Net Income Applicable To Common Shares | 1.6 B | 1.6 B |
Cintas Quarterly Net Working Capital |
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Cintas Stock Technical Analysis
Cintas technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Cintas Period Price Range
Low | February 14, 2024
| High |
606.47 | 612.67 |
Cintas May 6, 2024 Market Strength
Market strength indicators help investors to evaluate how Cintas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cintas shares will generate the highest return on investment. By undertsting and applying Cintas stock market strength indicators, traders can identify Cintas entry and exit signals to maximize returns
| Accumulation Distribution | 5481.17 | |||
| Daily Balance Of Power | 0.6582 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 608.48 | |||
| Day Typical Price | 609.88 | |||
| Price Action Indicator | 7.29 | |||
| Period Momentum Indicator | 61.37 | |||
| Relative Strength Index | 51.08 |
Cintas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cintas' price direction in advance. Along with the technical and fundamental analysis of Cintas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cintas to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0922 | |||
| Jensen Alpha | 0.0884 | |||
| Total Risk Alpha | 0.0259 | |||
| Sortino Ratio | 0.1284 | |||
| Treynor Ratio | 0.1485 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cintas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Cintas Stock please use our How to Invest in Cintas guide.Note that the Cintas information on this page should be used as a complementary analysis to other Cintas' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Cintas Stock analysis
When running Cintas' price analysis, check to measure Cintas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cintas is operating at the current time. Most of Cintas' value examination focuses on studying past and present price action to predict the probability of Cintas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cintas' price. Additionally, you may evaluate how the addition of Cintas to your portfolios can decrease your overall portfolio volatility.
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Is Cintas' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cintas. If investors know Cintas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cintas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.223 | Dividend Share 5.2 | Earnings Share 14.49 | Revenue Per Share 92.516 | Quarterly Revenue Growth 0.099 |
The market value of Cintas is measured differently than its book value, which is the value of Cintas that is recorded on the company's balance sheet. Investors also form their own opinion of Cintas' value that differs from its market value or its book value, called intrinsic value, which is Cintas' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cintas' market value can be influenced by many factors that don't directly affect Cintas' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cintas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cintas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cintas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.