Cintas COO James Phillip Holloman Sells 6,115 Shares (CTAS)
Cintas (NASDAQ:CTAS) COO James Phillip Holloman sold 6,115 shares of Cintas stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $65.64, for a total value of $401,388.60. Following the sale, the chief operating officer now directly owns 91,100 shares in the company, valued at approximately $5,979,804. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Cintas (NASDAQ:CTAS) traded up 0.03% on Wednesday, hitting $65.91. 147,135 shares of the company’s stock traded hands. Cintas has a one year low of $47.64 and a one year high of $66.09. The stock’s 50-day moving average is $63.94 and its 200-day moving average is $61.01. The company has a market cap of $7.672 billion and a P/E ratio of 21.60.
Cintas (NASDAQ:CTAS) last announced its earnings results on Tuesday, July 15th. The company reported $0.76 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.75 by $0.01. The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter in the previous year, the company posted $0.69 earnings per share. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. Analysts expect that Cintas will post $3.09 EPS for the current fiscal year.
CTAS has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Cintas in a research note on Friday, July 18th. They now have a $67.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Cintas in a research note on Thursday, July 17th. They now have a $69.00 price target on the stock, up previously from $65.00. Finally, analysts at Bank of America reiterated a “positive” rating on shares of Cintas in a research note on Wednesday, July 16th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Cintas has an average rating of “Buy” and a consensus target price of $63.86.
Cintas Corporation (NASDAQ:CTAS) provides specialized products and services to businesses of all types throughout the North America, Latin America, Europe and Asia.
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