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 $190.60, up 0.69% from the previous day, and has increased 29.53% in one year. It has overperformed other stocks in the Specialty Business Services industry by 0.17 percentage points. Cintas stock is currently +30.29% from its 52-week low of $146.29, and -16.45% from its 52-week high of $228.12.
At the moment, there are 403.54M shares of CTAS outstanding. The market cap of CTAS is $76.92B. In the past 24 hours, 1.58M 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:
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- 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 Due Diligence 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 45.17x, relative to Specialty Business Services industry P/E ratio of 41.34x
- CTAS may be overvalued based on its P/B ratio of 17.92x, relative to Specialty Business Services industry P/B ratio of 4.93x
- CTAS may be overvalued based on its PEG ratio of 7.95x
You can do additional valuation analysis on CTAS's stock here.
CTAS Financial Overview
Positive Financial Indicators:
- Total CTAS debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the CTAS balance sheet.
- CTAS's operating cash flow of $2.26B allows it to safely service it's debt of $2.85B.
- CTAS profit margin has gone up from 15.6% to 17.2% in the past year.
- CTAS earnings of $2.23B is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the CTAS balance sheet.
Negative Financial Indicators:
- CTAS has a relatively high debt to equity ratio of 1.18.
Do analysts think it's a good time to buy Cintas stock
Out of 9 sell side analysts who research CTAS, the consensus analyst rating on Cintas is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent CTAS Analyst Ratings
Andrew Wittmann, a top 7% analyst from Baird maintains CTAS with a hold rating and lowers their CTAS price target from $209.00 to $200.00, on Dec 20, 2024.
Toni Kaplan, a bottom 21% analyst from Morgan Stanley maintains CTAS with a hold rating and raises their CTAS price target from $185.00 to $202.00, on Dec 12, 2024.
Manav Patnaik, a top 6% analyst from Barclays maintains CTAS with a strong buy rating and raises their CTAS price target from $210.00 to $245.00, on Sep 27, 2024.
Oliver Davies, an analyst from Redburn Atlantic initiates coverage on CTAS with a hold rating and announces their CTAS price target of $167.50, on Aug 9, 2024.
Shlomo Rosenbaum, a top 17% analyst from Stifel Nicolaus maintains CTAS with a hold rating and raises their CTAS price target from $166.75 to $199.50, on Jul 19, 2024.
You can dig deeper into what analysts are saying on the Cintas stock forecast page.
Metrics for Advanced CTAS Traders
How are CTAS Revenues/Earnings doing?
Last year, CTAS earnings were $1.71B. During the last five year, CTAS's earnings have grown by 13.95% per year. This was faster than the Specialty Business Services industry average of 7.94%.
Last year, CTAS revenue was $9.94B. Over the last 5 year, CTAS's revenue has gone up by 6.87% per year. This was slower than the Specialty Business Services industry average of 9.98%.
Dive into CTAS's earnings and revenue performance here.
What are CTAS insiders up to?
Over the last year, executives and large shareholders at CTAS have bought more shares than they have sold.
David Brock Denton, Sr VP Secretary Gen Counsel of CTAS, was the latest CTAS insider to sell. They sold $48,774.99 worth of CTAS shares on Aug 27, 2024.
Research more about who owns CTAS shares here.
Does CTAS provide a stable income stream?
Cintas pays a dividend of 0.76%, compared to the Specialty Business Services industry's average dividend yield of 1.9%. If you owned $1,000 worth of CTAS stock, you would have received $7.63 last 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.
What do other traders have to say about CTAS?
One of the biggest reasons eToro is our favorite 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 main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount limit, use a limit order.
Press the Open button and your broker will place the order.
If you need additional info about investing in stocks on eToro, click 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 shares.
Start a watchlist to keep tabs on your CTAS stock.
CTAS Feed
How to Buy Stock in Cintas
To summarize, here are the 6 steps you need to take to buy Cintas stock right now:
- 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 require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Cintas, hit the button below to create your watchlist.
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