The Relative Strength (RS) Rating for Cintas climbed into a higher percentile Friday, as it got a lift from 66 to 72.
IBD's proprietary rating tracks share price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating as they begin their largest climbs. See if Cintas can continue to rebound and clear that threshold.
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While the stock is not near a proper buy point right now, see if it manages to form and break out of a proper consolidation.
Top and bottom line growth moved higher last quarter. Earnings were up 21%, compared to 18% in the prior report. Revenue increased from 7% to 8%.
The company holds the No. 5 rank among its peers in the Commercial Services-Outsourcing industry group. ExlService Holdings is the top-ranked stock within the group.
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