Cintas Stock Hits New 52-Week High (CTAS)

NEW YORK ( TheStreet) -- Cintas Corporation (Nasdaq: CTAS) hit a new 52-week high Thursday as it is currently trading at $39.41, above its previous 52-week high of $39.34 with 840,980 shares traded as of 3:19 p.m. ET. Average volume has been 1.3 million shares over the past 30 days.

Cintas has a market cap of $4.86 billion and is part of the services sector and retail industry. Shares are up 7.9% year to date as of the close of trading on Wednesday.

Cintas Corporation provides corporate identity uniforms and related business services in North America, Latin America, Europe, and Asia. The company has a P/E ratio of 18.9, equal to the average retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Cintas as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Cintas Ratings Report.

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