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Stockreport

Jim Cramer Discusses Cintas' (CTAS) Latest Offer for UniFirst [Yahoo! Finance]

Cintas Corporation (CTAS)  More Company Research Source: Yahoo! Finance
Last cintas corporation earnings: 3/19 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: cintas.com/investors
Cintas Corporation (NASDAQ:CTAS) is a specialty business service firm that deals primarily in uniforms. The firm was at the center of media attention earlier this week after it announced its intent to acquire uniform company UniFirst for a $5.2 billion price tag. The offer was the third such attempt by Cintas Corporation (NASDAQ:CTAS). The previous two offers had come in January when it had launched a $5.3 billion hostile takeover attempt. Back then, Cintas Corporation (NASDAQ:CTAS) had revealed that it had first approached UniFirst for an acquisition offer in 2022 and then attempted to initiate discussions again in November 2024. The January bid had seen Cintas make a $275 per share offer for UniFirst. RBC Capital kept a $206 share price target and a Sector Perform rating for Cintas Corporation (NASDAQ:CTAS)'s shares on December 23rd. The firm pointed out that the uniform company can maintain double-digit earnings growth margins of up to 35%. Cramer briefly discussed the deal and co [Read more]

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Stockreport

Jim Cramer Discusses Cintas' (CTAS) Latest Offer for UniFirst [Yahoo! Finance]

Cintas Corporation  (CTAS) 
Last cintas corporation earnings: 3/19 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: cintas.com/investors
Cintas Corporation (NASDAQ:CTAS) is a specialty business service firm that deals primarily in uniforms. The firm was at the center of media attention earlier this week after it announced its intent to acquire uniform company UniFirst for a $5.2 billion price tag. The offer was the third such attempt by Cintas Corporation (NASDAQ:CTAS). The previous two offers had come in January when it had launched a $5.3 billion hostile takeover attempt. Back then, Cintas Corporation (NASDAQ:CTAS) had revealed that it had first approached UniFirst for an acquisition offer in 2022 and then attempted to initiate discussions again in November 2024. The January bid had seen Cintas make a $275 per share offer for UniFirst. RBC Capital kept a $206 share price target and a Sector Perform rating for Cintas Corporation (NASDAQ:CTAS)'s shares on December 23rd. The firm pointed out that the uniform company can maintain double-digit earnings growth margins of up to 35%. Cramer briefly discussed the deal and co [Read more]

IMPACT SNAPSHOT
EVENT TIME:
CTAS
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS