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

Key Points

• Cintas' stock was restated with a "Buy (B)" rating by Weiss Ratings, while the consensus rating among analysts is "Hold" with an average price target of $222.09.
• The company's latest earnings report showed a quarterly EPS of $1.20, exceeding estimates, with revenue of $2.72 billion, an increase of 8.7% compared to last year's quarter.
• Recent insider selling has been noted, with Director Ronald W. Tysoe and CEO Todd M. Schneider selling shares, representing decreases in their ownership of the stock by 18.81% and 2.70%, respectively.

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

Other equities research analysts have also issued research reports about the company. 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. Robert W. Baird increased their target price on Cintas from $227.00 to $230.00 and gave the company a "neutral" rating in a research report on Friday, July 18th. The Goldman Sachs Group increased their target price on Cintas from $233.00 to $257.00 and gave the company a "buy" rating in a research report on Wednesday, July 2nd. Citigroup increased their target price on Cintas from $172.00 to $176.00 and gave the company a "sell" rating in a research report on Friday, September 26th. Finally, Wells Fargo & Company decreased their target price 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 equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $222.09.

Cintas Stock Performance

NASDAQ CTAS traded down $1.51 during trading hours on Friday, reaching $190.83. The stock had a trading volume of 1,309,145 shares, compared to its average volume of 2,071,274. The stock has a fifty day moving average of $201.72 and a 200 day moving average of $212.28. The stock has a market cap of $76.69 billion, a P/E ratio of 43.27, a price-to-earnings-growth ratio of 3.32 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 released its quarterly earnings data on Wednesday, September 24th. The business services provider reported $1.20 EPS for the quarter, topping the consensus estimate of $1.19 by $0.01. Cintas had a return on equity of 40.41% and a net margin of 17.54%.The business had revenue of $2.72 billion for the quarter, compared to analyst estimates of $2.70 billion. During the same quarter in the prior year, the firm posted $1.10 EPS. The business's quarterly revenue was up 8.7% compared to the same quarter last year. 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 Buying and Selling at Cintas

In other Cintas news, Director Ronald W. Tysoe sold 5,084 shares of the firm's stock in a transaction on Wednesday, July 30th. The stock was sold at an average price of $223.47, for a total value of $1,136,121.48. Following the completion of the sale, the director directly owned 21,945 shares of the company's stock, valued at $4,904,049.15. This trade represents a 18.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Todd M. Schneider sold 17,301 shares of the firm's stock in a transaction on Monday, July 28th. The stock was sold at an average price of $220.90, for a total value of $3,821,790.90. Following the completion of the sale, the chief executive officer directly owned 622,712 shares of the company's stock, valued at $137,557,080.80. This trade represents a 2.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. 14.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Cintas

A number of hedge funds have recently modified their holdings of the business. Godsey & Gibb Inc. grew its holdings in shares of Cintas by 2.7% during the 3rd quarter. Godsey & Gibb Inc. now owns 125,006 shares of the business services provider's stock worth $25,659,000 after purchasing an additional 3,295 shares during the period. MGO One Seven LLC grew its holdings in shares of Cintas by 10.3% during the 3rd quarter. MGO One Seven LLC now owns 12,618 shares of the business services provider's stock worth $2,590,000 after purchasing an additional 1,180 shares during the period. Citizens Financial Group Inc. RI grew its holdings in shares of Cintas by 8.4% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 47,680 shares of the business services provider's stock worth $9,787,000 after purchasing an additional 3,715 shares during the period. MASTERINVEST Kapitalanlage GmbH grew its holdings in shares of Cintas by 2.1% during the 3rd quarter. MASTERINVEST Kapitalanlage GmbH now owns 7,548 shares of the business services provider's stock worth $1,549,000 after purchasing an additional 154 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of Cintas by 19.9% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 93,851 shares of the business services provider's stock worth $19,264,000 after purchasing an additional 15,551 shares during the period. 63.46% of the stock is currently owned by hedge funds and other institutional investors.

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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