Cintas Stock Price on May 16, 2024
| CTAS Stock | USD 686.95 2.78 0.41% |
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 686.95, as last reported on the 12th of June 2024, with the highest price reaching 687.07 and the lowest price hitting 679.82 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 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Cintas, which you can use to evaluate the volatility of the firm. Please confirm Cintas' Risk Adjusted Performance of 0.0785, mean deviation of 0.7591, and Downside Deviation of 0.8926 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 591.2634 | 50 Day MA 677.6658 | Beta 1.299 |
Cintas |
Sharpe Ratio = 0.1139
| Best Portfolio | Best Equity | |||
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| Small Returns | CTAS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.34 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
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Cintas is performing at about 8% 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 |
Cintas Main Headline on 16th of May 2024
Design Collective remporte six prix dImage de lanne 2024 dce... by businesswire.com
The organization has been recognized for its exquisite designs across a diverse group of clients.
Cintas Valuation on May 16, 2024
It is possible to determine the worth of Cintas on a given historical date. On May 16, 2024 Cintas was worth 692.51 at the beginning of the trading date compared to the closed value of 691.38. 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 | |
| 689.81 | 694.29 | 689.81 | 692.40 | 291,455 | |
05/16/2024 | 692.51 | 694.74 | 690.00 | 691.38 | 252,887 |
| 690.35 | 692.26 | 684.89 | 692.14 | 301,551 |
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Cintas Trading Date Momentum on May 16, 2024
| On May 17 2024 Cintas was traded for 692.14 at the closing time. The top price for the day was 692.26 and the lowest listed price was 684.89 . The trading volume for the day was 301.6 K. The trading history from May 17, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 0.11% . The overall trading delta against the current closing price is 1.64% . |
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 | May 16, 2024
| High |
692.51 | 691.38 |
Cintas June 12, 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 | 1725.37 | |||
| Daily Balance Of Power | (0.24) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 692.37 | |||
| Day Typical Price | 692.04 | |||
| Price Action Indicator | (1.56) | |||
| Period Momentum Indicator | (4.43) |
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 | 0.0785 | |||
| Jensen Alpha | 0.1494 | |||
| Total Risk Alpha | 0.1552 | |||
| Sortino Ratio | 0.167 | |||
| Treynor Ratio | 0.1356 |
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| Volume Indicators |
Additional 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.