Cintas Corporation (NASDAQ:CTAS) and AMETEK, Inc. (NYSE:AME) Standing atop the Heap

Shares of Cintas Corporation (NASDAQ:CTAS) have climbed in the previous month. During that time period, shares are up 6.05% which has provided some nice profits for investors who may be looking to take advantage of the recent gains. Focusing in on the past five trading days, shares have changed 1.80%. Year-to-date, the stock has performed 35.43%.

Street analysts have given views on company stock . According to data from First Call, Cintas Corporation (NASDAQ:CTAS) has a consensus recommendation of 2.60. This recommendation falls on a scale from 1 to 5 where a 1 or 2 indicates a Buy recommendation, 3 a Hold and 4-5 a Sell.  Analysts monitor the topsy-turvy day-to-day movement of equities and are able to provide an unbiased assessment of the “state of the stock”.

Session Update

At the session level, shares of Cintas Corporation (NASDAQ:CTAS) moved 0.90% from the open. The most recent bid on the stock was registered at $157.44. Further, company shares have been seen trading -1.40% off of the 52 week high and 39.38% away from the 52 week low. Narrowing in further, the stock has been recently noted at -1.40% away from the 50 day high and 11.06% separated from the 50 day low.

Analyst Views

Wall Street firms hire hundreds of analysts who provide recommendations on stocks.  Typically, these analysts look at a company’s fundamentals, building financial models from this information in order to project future trends, specifically future earnings.  These projections are then used as a basis for providing “buy” or “sell” recommendations.  Many investors consider these recommendations very seriously, and often times whenever an analyst changes their outlook on a stock, the price change almost immediately.

Wall Street brokerage firms that regularly cover the stock have provided price targets and recommendations on Cintas Corporation (NASDAQ:CTAS). According to First Call, the consensus price target for the company is $146.78. The consensus recommendation provided by analysts is currently 2.60. This number is based on a scale from 1 to 5. Analysts rating the company a 1 or 2 indicate a Buy recommendation. Analysts rating the company a 4 or 5 indicate a Sell recommendation. Analysts rating the company a 3 indicate a Hold recommendation.

Investors who took positions in shares of AMETEK, Inc. (NYSE:AME) are riding high as the stock has performed solidly over the past few months, marking a 11.70% increase for the quarter.  Drilling down, the stock is 3.63% for the past month and -0.89% for the week. Despite the tumultous week, investors holding steadfast look to continue to see near-term gains despite the global uncertainty. 

Analyst Views

Wall Street firms hire hundreds of analysts who provide recommendations on stocks.  Typically, these analysts look at a company’s fundamentals, building financial models from this information in order to project future trends, specifically future earnings.  These projections are then used as a basis for providing “buy” or “sell” recommendations.  Many investors consider these recommendations very seriously, and often times whenever an analyst changes their outlook on a stock, the price change almost immediately.

Wall Street brokerage firms that regularly cover the stock have provided price targets and recommendations on AMETEK, Inc. (NYSE:AME). According to First Call, the consensus price target for the company is $74.29. The consensus recommendation provided by analysts is currently 1.60. This number is based on a scale from 1 to 5. Analysts rating the company a 1 or 2 indicate a Buy recommendation. Analysts rating the company a 4 or 5 indicate a Sell recommendation. Analysts rating the company a 3 indicate a Hold recommendation.

Session Update

At the session level, shares of AMETEK, Inc. (NYSE:AME) moved -0.21% from the open. The most recent bid on the stock was registered at $70.85. Further, company shares have been seen trading -3.02% off of the 52 week high and 46.97% away from the 52 week low. Narrowing in further, the stock has been recently noted at -3.02% away from the 50 day high and 8.57% separated from the 50 day low. Investors will keep close watch to see if the stock breaks through a resistance point for another bull run, or if the stock might enter into overbought territory and be ripe for a regression or pullback.

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