Setting A New 52 Week High, Cintas Corporation (Nasdaq:CTAS) Finishes At $232.28

Cintas Corporation (Nasdaq:CTAS)

June 11th, 2019

Amidst falling markets Cintas Corporation finished Tuesday’s trading session down 0.96%, a ($2.26) decrease to close on $232.28. Despite the drop in price it hit a new 52 week high of $236.39.

CTAS was outperformed by the rest of the Industrials sector which went down only -0.90%.

Cintas Corporation is listed on the S&P 500 index, and was one of 264 stocks that dropped today. Weighted by market cap, CTAS represents about 0.10% of the S&P 500.

Cintas Corporation is listed on NASDAQ 100, and was one of 55 stocks that fell today. Weighted by market cap, CTAS represents about 0.10% of NASDAQ 100.

Results from 12 analysts points to the possibility that Cintas Corporation could fall somewhat (-5.98%), while Finbox has calculated (with low uncertainty) a fair value price of $154.83.

Market Sectors

The market sectors were mixed Tuesday with a majority of the sectors trending up. Consumer Staples saw the biggest increase of the day (0.41%), while the Industrials sector saw the biggest drop (-0.90%). Information Technology has seen the biggest year-to-date gain of 23.75%.

Industrials and Utilities experienced turn-arounds from their five day positive performances with Industrials dropping -0.90%.

Sector Breakdown

  • Consumer Staples, up 0.41%.
  • Consumer Discretionary, up 0.33%.
  • Communication Services, up 0.29%.
  • Real Estate, up 0.18%.
  • Energy, up 0.12%.
  • Information Technology, up 0.02%.
  • Financials, stayed even 0.00%.
  • Materials, down -0.07%.
  • Healthcare, down -0.25%.
  • Utilities, down -0.69%.
  • Industrials, down -0.90%.

Cintas Corporation Info

Cintas Corporation provides corporate identity uniforms and related business services primarily in North America, Latin America, Europe, and Asia. It operates through Uniform Rental and Facility Services and First Aid and Safety Services segments. The company 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, as well as sells uniforms directly. It also offers first aid and safety services, 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 major corporations. Cintas Corporation was founded in 1968 and is based in Cincinnati, Ohio.

All amounts in USD unless otherwise indicated

CTAS daily update
CTAS daily update

Photo by Abigail Keenan on Unsplash

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