Cintas (NASDAQ:CTAS) Given "Buy (B)" Rating at Weiss Ratings

Key Points

• Cintas (NASDAQ:CTAS) has received a "Buy (B)" rating from Weiss Ratings, indicating strong confidence in the stock's potential performance.
• Research from UBS Group has raised the target price for Cintas from $240.00 to $255.00, while other analysts have varied opinions, leading to a consensus rating of "Hold" with a price target of $222.09.
• In its most recent earnings report, Cintas reported an EPS of $1.20, slightly exceeding expectations, and noted an 8.7% year-over-year revenue increase to $2.72 billion.

Cintas (NASDAQ:CTAS - Get Free Report)'s stock had its "buy (b)" rating restated by equities research analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

CTAS has been the topic of a number of other research reports. UBS Group upped their target price on Cintas from $240.00 to $255.00 and gave the company a "buy" rating in a research report on Friday, July 18th. JPMorgan Chase & Co. lowered their price objective on Cintas from $246.00 to $230.00 and set an "overweight" rating on the stock in a research report on Thursday, September 25th. Citigroup upped their price objective on Cintas from $172.00 to $176.00 and gave the stock a "sell" rating in a research report on Friday, September 26th. Royal Bank Of Canada lowered their price objective on Cintas from $240.00 to $206.00 and set a "sector perform" rating on the stock in a research report on Thursday, September 25th. Finally, Wells Fargo & Company lowered their price objective on Cintas from $221.00 to $218.00 and set an "equal weight" rating on the stock in a research report on Thursday, September 25th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $222.09.

Cintas Stock Performance

NASDAQ CTAS traded down $0.36 during trading hours on Wednesday, reaching $198.81. The stock had a trading volume of 1,507,699 shares, compared to its average volume of 2,085,625. The stock has a fifty day moving average of $209.62 and a 200 day moving average of $213.09. The stock has a market cap of $80.12 billion, a P/E ratio of 45.08, a price-to-earnings-growth ratio of 3.44 and a beta of 1.01. Cintas has a 52-week low of $180.78 and a 52-week high of $229.24. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.94 and a current ratio of 2.24.

Cintas (NASDAQ:CTAS - Get Free Report) last issued its earnings results on Wednesday, September 24th. The business services provider reported $1.20 EPS for the quarter, beating analysts' consensus estimates of $1.19 by $0.01. The firm had revenue of $2.72 billion for the quarter, compared to analyst estimates of $2.70 billion. Cintas had a return on equity of 40.41% and a net margin of 17.54%.Cintas's revenue for the quarter was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.10 earnings per share. Cintas has set its FY 2026 guidance at 4.740-4.86 EPS. Sell-side analysts predict that Cintas will post 4.31 earnings per share for the current year.

Insider Transactions at Cintas

In other news, Director Ronald W. Tysoe sold 5,084 shares of the company's stock in a transaction that occurred on Wednesday, July 30th. The stock was sold at an average price of $223.47, for a total transaction of $1,136,121.48. Following the completion of the transaction, the director directly owned 21,945 shares of the company's stock, valued at $4,904,049.15. This represents a 18.81% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Martin Mucci acquired 1,200 shares of Cintas stock in a transaction that occurred on Monday, July 21st. The stock was purchased at an average cost of $222.55 per share, with a total value of $267,060.00. Following the completion of the purchase, the director owned 2,621 shares in the company, valued at $583,303.55. The trade was a 84.45% increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 14.90% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Nuveen LLC purchased a new stake in Cintas in the 1st quarter valued at $1,877,760,000. Norges Bank purchased a new stake in Cintas in the 2nd quarter valued at $925,531,000. Voya Investment Management LLC grew its holdings in Cintas by 516.8% in the 1st quarter. Voya Investment Management LLC now owns 854,032 shares of the business services provider's stock valued at $175,529,000 after buying an additional 715,570 shares in the last quarter. Los Angeles Capital Management LLC grew its holdings in Cintas by 90.1% in the 2nd quarter. Los Angeles Capital Management LLC now owns 1,214,098 shares of the business services provider's stock valued at $270,586,000 after buying an additional 575,372 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec grew its holdings in Cintas by 169.7% in the 1st quarter. Caisse DE Depot ET Placement DU Quebec now owns 910,985 shares of the business services provider's stock valued at $187,235,000 after buying an additional 573,151 shares in the last quarter. 63.46% of the stock is owned by institutional investors and hedge funds.

Cintas Company Profile

Cintas Corporation engages in the provision of corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company 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, as well as sells uniforms.

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