With 1.26 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.91 million shares. During the session, the Specialty Business Services company that operates in wider Industrials sector, reached to the highest price of $204.54 whereas the lowest price it dropped to was $201.16. The 52-week range on CTAS shows that it touched its highest point at $228.12 and its lowest point at $150.70 during that stretch. It currently has a 1-year price target of $204.25. With its current market cap of 82.44 billion, CTAS has annualized dividend of $4.65 while the current yield stands at 2.28%. CTAS paid its most recent dividend on 1731628800, while the ex-dividend date for that was 1731628800. Beta for the stock currently stands at 1.42.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CTAS was up-trending over the past week, with a rise of 1.04%, but this was up by 10.37% over a month. Three-month performance dropped to -1.58% while six-month performance rose 9.63%. The stock gained 32.74% in the past year, while it has gained 11.82% so far this year. A look at the trailing 12-month EPS for CTAS yields 4.14 with Next year EPS estimates of 4.77. For the next quarter, that number is 1.05. This implies an EPS growth rate of 14.20% for this year and 10.38% for next year. EPS is expected to grow by 11.55% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 13.70%.
Float and Shares Shorts:
At present, 403.50 million CTAS shares are outstanding with a float of 342.97 million shares on hand for trading. On 2024-11-29, short shares totaled 5.51 million, which was 137.0 higher than short shares on 1730332800. In addition to Mr. Scott D. Farmer as the firm’s Executive Chairman, Mr. Todd M. Schneider serves as its CEO, President & Director.
Institutional Ownership:
Through their ownership of 0.66602 of CTAS’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-08-31, CTAS reported revenue of $2561783000.0 and operating income of $591390000.0. The EBITDA in the recently reported quarter was $722395000.0 and diluted EPS was $1.09.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CTAS since 15 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CTAS analysts setting a high price target of 245.0 and a low target of 147.5, the average target price over the next 12 months is 194.84132. Based on these targets, CTAS could surge 19.93% to reach the target high and fall by -27.8% to reach the target low. Reaching the average price target will result in a decline of -4.63% from current levels.
Analysts have provided yearly estimates in a range of $3.76079 being high and $3.72081 being low. For CTAS, this leads to a yearly average estimate of $3.7383. Based on analyst estimates, the high estimate for the next quarter is $1.1 and the low estimate is $1.06. The average estimate for the next quarter is thus $1.08.
