Investors focused on the Industrial Products space have likely heard of Cintas (CTAS - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.
Cintas is one of 213 companies in the Industrial Products group. The Industrial Products group currently sits at #16 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. CTAS is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for CTAS's full-year earnings has moved 3.24% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, CTAS has moved about 59.30% on a year-to-date basis. Meanwhile, the Industrial Products sector has returned an average of 12.18% on a year-to-date basis. This means that Cintas is outperforming the sector as a whole this year.
Looking more specifically, CTAS belongs to the Uniform and Related industry, which includes 3 individual stocks and currently sits at #40 in the Zacks Industry Rank. On average, stocks in this group have gained 54.84% this year, meaning that CTAS is performing better in terms of year-to-date returns.
Investors in the Industrial Products sector will want to keep a close eye on CTAS as it attempts to continue its solid performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Investors focused on the Industrial Products space have likely heard of Cintas (CTAS - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.
Cintas is one of 213 companies in the Industrial Products group. The Industrial Products group currently sits at #16 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. CTAS is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for CTAS's full-year earnings has moved 3.24% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, CTAS has moved about 59.30% on a year-to-date basis. Meanwhile, the Industrial Products sector has returned an average of 12.18% on a year-to-date basis. This means that Cintas is outperforming the sector as a whole this year.
Looking more specifically, CTAS belongs to the Uniform and Related industry, which includes 3 individual stocks and currently sits at #40 in the Zacks Industry Rank. On average, stocks in this group have gained 54.84% this year, meaning that CTAS is performing better in terms of year-to-date returns.
Investors in the Industrial Products sector will want to keep a close eye on CTAS as it attempts to continue its solid performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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