$0.43 EPS Expected for Veritiv (VRTV); Cintas (CTAS)’s Sentiment Is 0.93

April 20, 2018 - By David Stenberg

Cintas Corporation (NASDAQ:CTAS) Logo

Analysts expect Veritiv Corporation (NYSE:VRTV) to report $0.43 EPS on May, 2.They anticipate $0.05 EPS change or 13.16% from last quarter’s $0.38 EPS. VRTV’s profit would be $6.77M giving it 21.60 P/E if the $0.43 EPS is correct. After having $0.77 EPS previously, Veritiv Corporation’s analysts see -44.16% EPS growth. The stock decreased 0.27% or $0.1 during the last trading session, reaching $37.15. About 3,180 shares traded. Veritiv Corporation (NYSE:VRTV) has declined 24.27% since April 20, 2017 and is downtrending. It has underperformed by 35.82% the S&P500.

Cintas Corp (CTAS) investors sentiment decreased to 0.93 in 2017 Q4. It’s down -0.09, from 1.02 in 2017Q3. The ratio dropped, as 209 institutional investors opened new or increased holdings, while 224 reduced and sold their holdings in Cintas Corp. The institutional investors in our database now hold: 68.29 million shares, down from 69.32 million shares in 2017Q3. Also, the number of institutional investors holding Cintas Corp in top ten holdings decreased from 19 to 15 for a decrease of 4. Sold All: 39 Reduced: 185 Increased: 141 New Position: 68.

The stock decreased 0.18% or $0.31 during the last trading session, reaching $173.85. About 40,463 shares traded. Cintas Corporation (CTAS) has risen 35.54% since April 20, 2017 and is uptrending. It has outperformed by 23.99% the S&P500.

Lionstone Capital Management Llc holds 11.4% of its portfolio in Cintas Corporation for 155,000 shares. Royal Bank Of Scotland Group Plc owns 145,390 shares or 5.09% of their US portfolio. Moreover, Junto Capital Management Lp has 5.05% invested in the company for 423,920 shares. The New York-based Miura Global Management Llc has invested 4.53% in the stock. Newfocus Financial Group Llc, a Washington-based fund reported 46,046 shares.

Cintas Corporation provides corporate identity uniforms and related business services primarily in North America, Latin America, Europe, and Asia. The company has market cap of $18.55 billion. It operates through Uniform Rental and Facility Services; First Aid and Safety Services; and All Other divisions. It has a 25.97 P/E ratio. The firm rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, and carpet and tile cleaning services, as well as sells uniforms directly.

Since January 1, 0001, it had 0 insider buys, and 1 insider sale for $1.99 million activity.

Analysts await Cintas Corporation (NASDAQ:CTAS) to report earnings on July, 19. They expect $1.65 earnings per share, up 39.83% or $0.47 from last year’s $1.18 per share. CTAS’s profit will be $176.09 million for 26.34 P/E if the $1.65 EPS becomes a reality. After $1.37 actual earnings per share reported by Cintas Corporation for the previous quarter, Wall Street now forecasts 20.44% EPS growth.

Ratings analysis reveals 0 of Cintas’s analysts are positive. Out of 2 Wall Street analysts rating Cintas, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $123.0 while the high is $130.0. The stock’s average target of $126.50 is -27.24% below today’s ($173.85) share price. CTAS was included in 2 notes of analysts from August 26, 2016. Stifel Nicolaus maintained it with “Hold” rating and $123.0 target in Tuesday, December 20 report. The rating was initiated by Macquarie Research with “Neutral” on Friday, August 26.

Investors sentiment decreased to 1.02 in 2017 Q4. Its down 0.15, from 1.17 in 2017Q3. It fall, as 18 investors sold Veritiv Corporation shares while 39 reduced holdings. 22 funds opened positions while 36 raised stakes. 14.38 million shares or 4.28% more from 13.79 million shares in 2017Q3 were reported. Clearbridge Ltd invested in 22 shares. Brown Brothers Harriman has invested 0% of its portfolio in Veritiv Corporation (NYSE:VRTV). Winslow Evans Crocker, a Massachusetts-based fund reported 2 shares. Vantage Limited Liability Company reported 1 shares or 0% of all its holdings. California State Teachers Retirement Sys holds 18,106 shares or 0% of its portfolio. 82,516 were accumulated by California Employees Retirement Sys. Benjamin F Edwards & Incorporated invested 0% in Veritiv Corporation (NYSE:VRTV). Riverhead Management Ltd Liability Corp holds 0% or 1,166 shares in its portfolio. Northern Tru reported 137,495 shares stake. Advisory Services Network Limited Liability Co accumulated 11 shares. Texas Permanent School Fund, Texas-based fund reported 7,529 shares. Retail Bank Of Montreal Can has 1,294 shares. Aperio Group Incorporated owns 9,403 shares. Jacobs Levy Equity Mngmt stated it has 0.05% in Veritiv Corporation (NYSE:VRTV). 5 were accumulated by Allsquare Wealth Mngmt Ltd Com.

Among 6 analysts covering Veritiv Corp (NYSE:VRTV), 0 have Buy rating, 1 Sell and 5 Hold. Therefore 0 are positive. Veritiv Corp had 19 analyst reports since November 18, 2015 according to SRatingsIntel. The stock of Veritiv Corporation (NYSE:VRTV) earned “Hold” rating by SunTrust on Monday, March 5. Barclays Capital maintained the shares of VRTV in report on Monday, August 7 with “Underweight” rating. On Tuesday, November 21 the stock rating was upgraded by Bank of America to “Buy”. The stock of Veritiv Corporation (NYSE:VRTV) has “Underweight” rating given on Friday, January 8 by Barclays Capital. The company was upgraded on Thursday, August 3 by SunTrust. The rating was initiated by Wells Fargo on Wednesday, March 15 with “Market Perform”. Bank of America downgraded Veritiv Corporation (NYSE:VRTV) on Monday, April 2 to “Hold” rating. SunTrust downgraded Veritiv Corporation (NYSE:VRTV) on Wednesday, January 31 to “Hold” rating. The rating was downgraded by Vertical Research on Tuesday, November 8 to “Hold”. The rating was downgraded by Wells Fargo on Wednesday, November 8 to “Market Perform”.

Veritiv Corporation operates as a business-to-business distributor of print, publishing, packaging, and facility solutions in the United States, Mexico, and Canada. The company has market cap of $584.51 million. It operates through four divisions: Print, Publishing & Print Management , Packaging, and Facility Solutions. It currently has negative earnings. The Print segment sells and distributes commercial printing, writing, copying, digital, wide format, and specialty paper products; and graphics consumables and equipment.

Cintas Corporation (NASDAQ:CTAS) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 David Stenberg

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: