UNF - Cintas Corporation: Still A Bad Fit Even In Light Of Great News
2024-07-19 00:55:03 ET
Summary
- Cintas Corporation saw its shares spike by 5.4% after positive Q4 results and strong 2025 guidance from management.
- Revenue, profits, and cash flows all rose significantly in 2024, with expectations for continued growth in 2025.
- Despite the positive outlook, shares are considered expensive and are rated as a 'sell' due to high valuation compared to similar companies.
July 18th ended up being a really great day for shareholders of Cintas Corporation ( CTAS ). The company, which focuses on renting out and selling uniforms to businesses, not to mention other products and services like restroom supplies, mops, first aid kits, and more, saw its shares spike by 5.4%. This was in response to management reporting financial results for the final quarter of the company's 2024 fiscal year and providing guidance for what 2025 might look like. Based on management's own guidance, the 2025 fiscal year is going to be even better than 2024 was. But this doesn't necessarily make the company a great prospect for investors at this time....
Cintas Corporation: Still A Bad Fit, Even In Light Of Great News