UniFirst shares are surging in response to news that Cintas, a competitor in manufacturing work uniforms, has made an offer to acquire the company, valuing it at $5.3 billion. Cintas, which offers ...
UniFirst could add 18% to 20% to Cintas (NASDAQ:CTAS) EBITDA and 7% to 10% to Cintas EPS in four years when synergies are fully realized, UBS analyst Joshua Chan wrote in a note on Tuesday.
Unifirst (UNF) is a stock many investors are watching right now. UNF is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. Another notable valuation metric for UNF is ...