Buy Cintas CorporationShort Term Trading Advice by Naranj Capital Buy Cintas Corporation ● Buy Range- 807 - 815 ● Target- 845 - 850 ● StopLoss- 790 ● Potential Return- 4-5% ● Duration- 14-15 Trading Days Longby NaranjCapitalUpdated 4
CTAS Cintas Corporation Options Ahead of EarningsIf you haven`t bought CTAS before the previous earnings: Now analyzing the options chain and the chart patterns of CTAS Cintas Corporation prior to the earnings report this week, I would consider purchasing the 220usd strike price Calls with an expiration date of 2025-2-21, for a premium of approximately $8.05. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Longby TopgOptionsPublished 2
CTAS potential Buy setupReasons for bullish bias: - Simple DOW theory - Entry at 0.618 fib level plus trendline support - Positive earnings Here are the recommended trading levels: Entry Level(Buy Limit): 720.24 Stop Loss Level: 684.41 Take Profit Level 1: 756.07 Take Profit Level 2: OpenLongby TradeWithParasPublished 2
CTAS A FEW IDEASIf it breaks 695 headed to 700 then new highs will be made, if it can't hold the resistance then a correction will pursue, still has room to run on RSI, Macd, and Stochastics.by themoneyman80Published 1
CTAS Cintas Corporation Options Ahead of EarningsIf you haven`t sold CTAS before the previous earnings: Then analyzing the options chain and the chart patterns of CTAS Cintas Corporation prior to the earnings report this week, I would consider purchasing the 680usd strike price Calls with an expiration date of 2024-4-19, for a premium of approximately $3.20. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Longby TopgOptionsUpdated 1
Cintas Breaks Out To Record Highs On Earnings Report Cintas Corporation (NYSE: NASDAQ:CTAS ) shattered expectations with its stellar third-quarter performance, propelling the workplace equipment and cleaning supplies provider to record highs and igniting optimism among investors. Cintas' robust earnings report for Q3 exceeded all forecasts, with earnings growth accelerating by an impressive 22.3% to reach $3.84 per share. This remarkable achievement was complemented by a nearly 10% surge in total revenue, soaring to $2.4 billion, surpassing the projections of FactSet analysts. Of particular note was Cintas' enhanced gross margin, which rose to 49.4% from 47.2% year-over-year, underscoring the company's commitment to operational efficiency and profitability. Not content with merely delivering stellar financial results, Cintas ( NASDAQ:CTAS ) demonstrated its dedication to shareholder value by increasing its quarterly cash dividend to shareholders by 17.1%, affirming its status as a stalwart in dividend growth. Bolstered by its exceptional performance, Cintas ( NASDAQ:CTAS ) raised its full-year guidance, projecting revenue to range from $9.57 billion to $9.6 billion for 2024, up from the previous forecast. Similarly, earnings expectations were revised upwards to a range of $14.80 to $15 per share, reflecting the company's confidence in its continued growth trajectory. Moreover, Cintas ( NASDAQ:CTAS ) anticipates a decline in interest expense for 2024, signaling improved financial efficiency and bolstering its bottom-line performance. In response to this stellar performance, NASDAQ:CTAS stock surged by a staggering 10% early Wednesday, catapulting shares to surpass the 636.37 buy point in a four-week tight pattern. Additionally, the stock is trading with a bullish Relative Strength Index (RSI) of 81 indicating an overbought situation or a continuous bullish trend.by DEXWireNewsPublished 2
Top stock picks for the next years No. 3 Cintas Corp.I am publishing a series of the best stocks with the highest growth rates that I expect over the next few years. Today with the Cintas share with a target price of 804$Longby Elliott-Waves-2_0Published 221
CTAS “Cintas” for earningsI believe CTAS “Cintas” will fall for earnings due to the declining workforce in America especially with theory of AI threatening a significant amount of jobs in our near future. I can only see them lowering their forward guidance in this type of economic environment. Also forming a head and shoulders pattern on all charts up to the 1D. Let’s see how this plays out!Longby Gutta_CEO_Published 2
CTAS Cintas Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of CTAS Cintas Corporation prior to the earnings report this week, I would consider purchasing the 500usd strike price Puts with an expiration date of 2023-10-20, for a premium of approximately $10.70. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it. Shortby TopgOptionsUpdated 1
Earnings JournalAT A GLANCE Simplistic Analysis: buy wave to the ceiling. Trade Type: buy and wait for a close. Research Depth: technical glance only. Earnings Anticipations: positive surprises for EPS & Revenues. Earnings confidence on a scale of 1-5: 5Longby HGCRDPublished 2
Cintas Corporation (CTAS) - A Cup of Potential ReturnsCompany: Cintas Corporation Ticker: CTAS Exchange: NASDAQ Sector: Industrials Introduction: Greetings and welcome to this analysis. Today, we are analyzing the weekly chart of Cintas Corporation (CTAS), containing a potential Cup and Handle pattern, indicating a bullish continuation, has formed. Cup and Handle Pattern: This Cup and Handle pattern is a bullish continuation pattern that marks a consolidation period followed by a breakout. In this case, we've observed a well-defined Cup and Handle over the course of 504 days. Analysis: Cintas Corporation's chart shows a clear Cup and Handle pattern, with horizontal resistance at $461.58. The price seems to have breached this level, but we'll need to wait for the weekly candle's close to confirm. If confirmed, this could present an immediate buying opportunity. All of this action is happening above the 200 EMA, indicating a bullish environment. The projected price target, should the breakout be confirmed, stands at $579.10, signifying a potential rise of 25.5%. Conclusion: The weekly chart of Cintas Corporation portrays a well-defined Cup and Handle pattern, suggesting potential for bullish continuation. Traders should monitor the weekly candle close to confirm the breakout above the horizontal resistance level. As always, this analysis is not financial advice. Prioritize risk management and proper position sizing in all trading decisions. If you found this analysis useful, please like, share, and follow for more updates. Happy trading! Best Regards, Karim Subhiehby KarimSubhiehPublished 6
CINTAS CORPORATION still bearish to expect Hi viewers, CTAS bearish trend in last period, tech. side showing we can expect one more short bearish trend TP1:420 TP2:412Shortby DepaTradingPublished 0
$CTAS with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $CTAS after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 90%. Longby EPSMomentumPublished 0
Wyckoff Analysis on CTASPossible Phase C Entry would be about 460 or on the retest of resistance, aiming to close the trade at 350. If it breaks the support at 350, we can follow the move to 240 Shortby SniperSignalsPublished 1
CTAS+8*IBMCTAS IBM CINTAS CORPORATION - CTAS INTERNATIONAL BUSINESS MACHINES CORPORATION - IBM I sold 8 shares of NYSE:IBM for every one sold share of NASDAQ:CTAS - No stop loss. ---- Happy Trading!Shortby PairsniperPublished 13
$CTAS with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $CTAS after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 88.89%. Longby EPSMomentumPublished 0
Symmetrical TriangleBottom trendline has been broken. Earnings 7-14 No recommendation. Steep climb up on Monthly timeframe. Cintas Corporation provides corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms. It also offers first aid and safety services, and fire protection products and services. The company provides its products and services through its distribution network and local delivery routes, or local representatives to small service and manufacturing companies, as well as major corporations. Cintas Corporation was founded in 1968 and is headquartered in Cincinnati, Ohio. EPS (FWD) 11.34 PE (FWD) 33.05 Div Rate (TTM) $3.80 Yield (TTM) 1.01% Short Interest 1.26% Market Cap $38.35BShortby lauraleaPublished 0
Possible Cup&Handle CTAS comes from manual screening outside of VCPSniper. What i like about this one is that it is showing us signs of strengths through VCP, volume does not indicate distribution, stock belongs to 'dividend aristocrats' list. As alwasy - manage your risk.Longby MojePieniadzePublished 2
$CTAS with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $CTAS after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 33.33%. Longby EPSMomentumPublished 1
CTAS: Consolidation.Consolidation could be broken higher with a minimum target in the 430 region.Longby GeliumUpdated 0
CTAS giving another chance to get in?When I last spoke about CTAS it was just breaking out. After the breakout there was a run up but the general market correction brought it back down to the broken level. CTAS is still trading with higher volume than its 14 day average and is still above its broken level. This is a great opportunity to get in if you missed the last entry!Longby HaseebKhan_90Published 3
CTAS Broke out of month long consolidation* Strong earnings quarter over quarter * Very strong up trend on the longer time frames * Broke out with higher than average volume Great momentum stock to get in. The price is ready to move higher!Longby HaseebKhan_90Updated 1