Is Cintas Stock Poised To Rise?

Cintas stock (NASDAQ: CTAS), a provider of corporate identity uniforms through rental and sales programs, has declined 6% year-to-date and also declined around 2% over the last 5 trading days. In comparison, the broader S&P 500 returned around 2% growth over the last 5 trading days. Now, is Cintas stock poised to decline further? While we believe that the company remains fundamentally overvalued, trading at about 34x the consensus FY 2021 EPS estimate of $9.67, compared to levels of 30x seen in FY 2020 and 27x seen in FY 2019, the stock may rise by 2.1% over the next month (21 trading days). Specifically, there is a 72% chance of a rise in Cintas stock over the next month (21 trading days) based on our machine learning analysis of trends in the stock price over the last 5 years. See our analysis on Cintas Stock Chances of Rise for more details. Curious about the possibility of rising over the next quarter? Check out the Cintas Stock AI Dashboard: Chances Of Rise And Fall for a variety of scenarios on how Cintas stock could move.

5Days: CTAS -2.1%, vs. S&P500 1.5%; Underperformed market

  • Cintas stock declined 2.1% over a 5-day trading period, compared to a broader market (S&P500) rise of 1.5%
  • A change of -2.1% or more over 5 trading days is a 15% likelihood event, which has occurred 184 times out of 1256 in the last 5 years

YTD: CTAS -6%, vs. S&P500 2.7%; Underperformed market

Cintas stock declined 6.0% so far this year, compared to broader market (S&P500) rise of 2.7%

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While Cintas stock may be overvalued now, 2020 has created many pricing discontinuities that can offer attractive trading opportunities. For example, you’ll be surprised how counter-intuitive the stock valuation is for Amazon vs Etsy.

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