Cintas
NASDAQ symbol CTAS, sells and rents uniforms to businesses in the United States and Canada. It also supplies a variety of other business services. These include first aid kits, fire extinguishers and smoke alarms, and document storage and shredding services.
CINTAS CORP. $33 (Nasdaq symbol CTAS; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 137.6 million; Market cap: $4.5 billion; Price-to-sales ratio: 1.3; Dividend yield: 1.5%; TSINetwork Rating: Average; www.cintas.com) gets 70% of its revenue by supplying uniforms to businesses. The remaining 30% comes from selling other business services and products, such as doormats, restroom supplies, document shredding, and …read more »
Cintas Corp., Nasdaq symbol CTAS, designs, makes and sells uniforms to about 800,000 business, mainly in North America. Cintas also offers related services, including office cleaning and document shredding.
Cintas is one of the U.S. stocks we analyze in our Wall Street Stock Forecaster newsletter.
In the three months ended February 28, 2011, the company’s sales rose 8.8%, to $937.8 million from …read more »
CINTAS CORP. $29 (www.cintas.com) earned $55.9 million in its fiscal 2011 second quarter, which ended November 30, 2010. That’s down 2.3% from $57.2 million a year earlier. However, earnings per share rose 2.7%, to $0.38 from $0.37, on fewer shares outstanding. If you exclude a legal settlement in the year-earlier quarter, earnings per share would have risen 8.6%. Revenue rose …read more »
THE BOEING CO. $72 (New York symbol BA; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 757.0 million; Market cap: $54.5 billion; Price-to-sales ratio: 0.8; Dividend yield: 2.3%; WSSF Rating: Above Average) will increase production of its 777 passenger jet to seven planes a month from five in mid-2011. In mid-2012, it will boost production of its 747 airliner …read more »
The recession has prompted most businesses to put off buying new equipment and lower their spending on certain services. That has hurt the earnings of these five companies, which sell specialized products and services to corporate clients. But since these products and services help businesses cut costs, their long-term prospects remain bright. We see all but one as buys.
XEROX CORP. …read more »
CINTAS CORP. $24 (Nasdaq symbol CTAS; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 152.8 million; Market cap: $3.7 billion; Price-to-sales ratio: 0.9; WSSF Rating: Average) earned $71.8 million in its second fiscal quarter, ended November 30, 2008, down 13.3% from $82.9 million a year earlier. Per-share earnings fell 11.3%, to $0.47 from $0.53. Rising unemployment has hurt demand …read more »
CINTAS CORP. $31 (Nasdaq symbol CTAS; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 153.7 million; Market cap: $4.8 billion; WSSF Rating: Average) sells and rents uniforms to over 800,000 businesses in the United States and Canada. Uniforms and other business supplies such as entrance mats, mops and hygiene products account for 85% of Cintas’s revenue.
The remaining 15% comes …read more »
Slowdowns at their customers continue to hurt Broadridge, Fair Isaac and Cintas. However, all three offer services that help their clients save money, comply with regulations and strengthen customer loyalty. That gives them long-term appeal.
All three of these companies are also attractive in relation to their earnings and revenue. We continue to view them as buys.
BROADRIDGE FINANCIAL SOLUTIONS INC. $20 …read more »
CINTAS CORP. $26 (Nasdaq symbol CTAS; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 153.7 million; Market cap: $4.0 billion; WSSF Rating: Average) operates mainly in North America. The company now plans to offer uniform rental and other business services in Europe, Latin America and Asia. This expansion will make it easier for Cintas to serve its clients with …read more »
SYMANTEC CORP. $17 (New York symbol SYMC) has acquired privately held AppStream for an undisclosed sum. The two companies have been business partners since 2006. AppStream develops technology that makes it easier to distribute computer programs across large networks. Demand for software like this is growing strongly. Buy.
J.C. PENNEY CO. $41 plans to scale back its expansion plans for 2008 …read more »
