Cintas Corp (CTAS, $443.77) earnings expectations on March 29, 2023
Cintas Corp (CTAS) is a global leader in providing corporate identity uniform programs and other business services such as document management, first aid, and safety products. The company is scheduled to release its earnings report for the third quarter of the fiscal year 2022 on Wednesday, March 29th.
Analysts are expecting CTAS to report earnings per share (EPS) of $2.38, which would represent a 3.5% increase from the same quarter last year. Revenue is expected to come in at $2.18 billion, which would be a 6.4% increase from the same quarter in 2021. These projections are based on the company's solid performance in the past, with revenue growth averaging 7.7% over the last five years.
Investors are also closely monitoring CTAS's technical chart, which shows that the stock is currently trading near the lower Bollinger Band. This is a commonly used technical indicator that measures the volatility of a stock's price relative to its moving average. When the stock price falls below the lower Bollinger Band, it is considered oversold, and there may be an opportunity for traders to buy the stock at a discount.
Furthermore, historical data shows that CTAS has a tendency to bounce back after breaking its lower Bollinger Band. In 23 of 36 cases where CTAS's price broke its lower Bollinger Band, its price rose further in the following month. This indicates that the odds of a continued upward trend are 64%.
Given these factors, traders may consider buying the stock or exploring call options, which give the holder the right to buy the stock at a predetermined price.
CTAS sees its Stochastic Oscillator ascending out of oversold territory
On May 15, 2026, the Stochastic Oscillator for CTAS moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 50 instances where the indicator left the oversold zone. In of the 50 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where CTAS's RSI Oscillator exited the oversold zone, of 21 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CTAS advanced for three days, in of 352 cases, the price rose further within the following month. The odds of a continued upward trend are .
CTAS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on April 27, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on CTAS as a result. In of 89 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for CTAS turned negative on May 04, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CTAS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for CTAS entered a downward trend on May 15, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 85, placing this stock slightly better than average.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. CTAS’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (14.065) is normal, around the industry mean (9.649). P/E Ratio (35.508) is within average values for comparable stocks, (48.814). Projected Growth (PEG Ratio) (2.675) is also within normal values, averaging (2.044). Dividend Yield (0.011) settles around the average of (0.044) among similar stocks. P/S Ratio (6.219) is also within normal values, averaging (6.040).
Industry description
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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General Information
a provider of rental and servicing of uniforms and other garments
Industry OfficeEquipmentSupplies
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