How to Buy Cintas Stock
Cintas Corp
Cintas Corporation provides corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America.
Cintas stock last closed at $666.33, up 0.2% from the previous day, and has increased 45.5% in one year. It has overperformed other stocks in the Specialty Business Services industry by 0.23 percentage points. Cintas stock is currently +51.93% from its 52-week low of $438.59, and -5.46% from its 52-week high of $704.84.
At the moment, there are 101.46M shares of CTAS outstanding. The market cap of CTAS is $67.61B. In the past 24 hours, 542,380 CTAS shares were traded.
How to Buy Cintas Stock
Wondering how to invest in Cintas stock? Here's how.
- Choose where to buy Cintas stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Cintas stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Choose your payment method and add your info.
- Research Cintas stock: The Cintas ticker symbol is CTAS. Is Cintas stock a good investment? Should you buy shares of CTAS? How do CTAS's underlying business fundamentals look? Do top analysts think Cintas is a good buy? Why has CTAS's stock price moved recently? (Hint: Our stock market research website can help you decide if CTAS is a good stock to buy).
- Make your CTAS buy order: Decide if you will purchase CTAS shares at the current market price or use a limit order to purchase CTAS stock at a given price.
- Get updates on your CTAS position: Create a watchlist to keep tabs on your investment in Cintas shares.
Step 1: Choose where to buy Cintas stock
You will need a brokerage account in order to access the NASDAQ market and buy CTAS stock.
Our favorite brokerage: eToro
Based on our experience, eToro is the best place to buy stocks. Here's why:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to world markets: From Technology to Industrials, New York to Shanghai — you can fill your portfolio with stocks from the world's leading exchanges.
- Social investing: eToro boasts a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal info so you can buy CTAS today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open your new brokerage account.
- Send your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have opened your account on the best free stock trading app, you need to deposit funds:
Watch the walkthrough below to see the process of depositing funds into your new brokerage account.
Step 4: Research Cintas stock
Once you have selected the best place to buy Cintas stock, it's very important to evaluate their stock prior to buying, so you can wrap your head around the risk and upside.
Cintas Numbers
CTAS Zen Score
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis.
You can view all of the due diligence checks on CTAS's stock page.
Is CTAS stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge CTAS's fair value.
Using relative valuations metrics:
- CTAS may be overvalued based on its P/E ratio of 45.27x, relative to Specialty Business Services industry P/E ratio of 35.43x
- CTAS may be overvalued based on its P/B ratio of 15.97x, relative to Specialty Business Services industry P/B ratio of 4.8x
You can do more valuation analysis on CTAS's stock here.
CTAS Financial Summary
Positive Financial Indicators:
- CTAS earnings of $1.99B is not enough to cover its interest payments.
- CTAS's operating cash flow of $1.94B allows it to safely service it's debt of $2.67B.
- Total CTAS debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the CTAS balance sheet.
- CTAS profit margin has gone up from 15.1% to 16% in the past year.
Negative Financial Indicators:
- There are more long-term liabilities than short-term assets on the CTAS balance sheet.
- CTAS has a relatively high debt to equity ratio of 1.12.
Do analysts think it's a good time to buy Cintas stock
Out of 10 sell side analysts who give ratings on CTAS, the consensus analyst rating on CTAS is a Strong Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
Most Recent CTAS Analyst Upgrades/Downgrades
Heather Balsky, a bottom 4% analyst from Bank of America maintains CTAS with a strong buy rating and raises their CTAS price target from $700.00 to $790.00, on Mar 28, 2024.
Andrew Wittmann, a top 7% analyst from Baird maintains CTAS with a buy rating and raises their CTAS price target from $660.00 to $750.00, on Mar 28, 2024.
Manav Patnaik, a top 7% analyst from Barclays maintains CTAS with a strong buy rating and raises their CTAS price target from $630.00 to $700.00, on Feb 29, 2024.
Andrew Steinerman, a top 16% analyst from JP Morgan maintains CTAS with a strong buy rating and raises their CTAS price target from $540.00 to $640.00, on Dec 22, 2023.
Shlomo Rosenbaum, a top 22% analyst from Stifel Nicolaus maintains CTAS with a hold rating and raises their CTAS price target from $526.00 to $585.00, on Dec 22, 2023.
You can dig deeper into what analysts are forecasting on the Cintas stock forecast page.
CTAS Momentum
CTAS Revenue
Last year, CTAS earnings were $1.50B. In the last five year, CTAS's earnings have increased by 13.46% per year. This was faster than the Specialty Business Services industry average of 11.56%.
Last year, CTAS revenue was $9.41B. In the last five year, CTAS's revenue has gone up by 6.81% per year. This was slower than the Specialty Business Services industry average of 10.73%.
Dive into CTAS's earnings and revenue performance here.
Are CTAS insiders buying or selling the stock?
In the last year, executives and large shareholders at CTAS have bought more shares than they have sold.
J. Michael Hansen, VP CFO of CTAS, was the latest CTAS insider to sell. They sold $5,834,198.34 worth of CTAS shares on Dec 22, 2023.
Research more about who owns CTAS stock here.
Can I get consistent income from CTAS stock?
Cintas pays a dividend of 0.78%, compared to the Specialty Business Services industry's average dividend yield of 2.02%. If you owned $1,000 worth of CTAS stock, you would have been paid $7.80 in the past year.
Cintas dividend payments have consistently grown over the past decade but have not remained stable.
Get more info about Cintas dividend yield and history here.
CTAS Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your CTAS buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given price, place a limit order.
Hit the Open button and eToro will execute the order.
If you want more help with investing in stocks on eToro, watch the how to video below:
Step 6: Get updates on your CTAS position
Now that you own some shares in CTAS, you'll want to stay up-to-date on your new shares.
Put CTAS on a watchlist to get notified of the latest news about your CTAS stock.
CTAS Feed
How to Buy Stock in Cintas
To reiterate, here are the 6 steps to buy stock in Cintas:
- Choose where to buy Cintas stock
- Create your brokerage account
- Fund your investment account
- Research Cintas stock
- Make your CTAS buy order
- Get updates on your CTAS position
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Cintas, click below.
More Content You Might Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.