Cintas Corporation (CTAS - Free Report) was a big mover last session, as the company saw its shares rise over 9% on Friday. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, trading within a volatile range of $123.73 to $129.50 in the past one-month time frame, showed a sharp increase Friday.
The move came after the company reported solid fourth-quarter fiscal 2017 results.
The company has seen two positive estimate revisions in the past one month, while its Zacks Consensus Estimate for the current quarter has also moved higher over the same time frame, suggesting that more solid trading could be ahead for Cintas Corporation. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road
Cintas Corporation currently has a Zacks Rank #2 (Buy), while its Earnings ESP is positive.
Investors interested in the Industrial Products sector may consider Lakeland Industries, Inc. (LAKE - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is CTAS going up? Or down? Predict to see what others think: Up or Down
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >>