yahoo Press
Is Cintas Corp. (CTAS) One of the Best QQQ Stocks to Buy Now?
Images
The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Cintas Corporation (NASDAQ:CTAS) is one of the 9 Best QQQ Stocks to Buy Now. On March 25, Cintas announced financial results for FQ3 2026, where the revenue stood at $2.84 billion, representing an 8.9% increase year-over-year. Gross margin reached an all-time high of 51%, or $1.45 billion, while operating income rose 8.2% to $659.9 million. Net income for the period was $502.5 million, resulting in diluted EPS of $1.24, which was a 9.7% increase. During the first nine months of FY2026, Cintas returned $1.45 billion to shareholders through dividends and share buybacks, including a $180 million quarterly dividend paid on March 13. Additionally, the company agreed to acquire UniFirst Corporation on March 10, a move expected to create substantial value for customers and shareholders once the transaction is finalized. Following these results, Cintas Corporation (NASDAQ:CTAS) raised its full FY2026 financial guidance, projecting annual revenue between $11.21 and $11.24 billion. The company also increased its adjusted diluted EPS expectations to a range of $4.86 to $4.90, excluding non-recurring transaction expenses related to the pending UniFirst acquisition. Photo by Jon Tyson on Unsplash Cintas Corporation (NASDAQ:CTAS) develops uniform programs using fabric. It serves businesses of various sizes, mainly across the US, as well as in Canada and Latin America. The company operates through two segments: Uniform Rental & Facility Services and First Aid & Safety Services. While we acknowledge the potential of CTAS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.
Comments
You must be logged in to comment.