Cintas (NASDAQ:CTAS) Releases FY 2026 Earnings Guidance

Cintas (NASDAQ:CTAS - Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 4.710-4.85 for the period, compared to the consensus earnings per share estimate of 4.844. The company issued revenue guidance of $11.0 billion-$11.2 billion, compared to the consensus revenue estimate of $11.0 billion.

Analyst Ratings Changes

A number of analysts have recently commented on the company. JPMorgan Chase & Co. initiated coverage on Cintas in a research note on Monday. They issued an "overweight" rating and a $239.00 price objective on the stock. Redburn Atlantic lowered Cintas from a "neutral" rating to a "sell" rating and set a $171.00 target price on the stock. in a research report on Thursday, May 1st. The Goldman Sachs Group boosted their target price on Cintas from $233.00 to $257.00 and gave the stock a "buy" rating in a research report on Wednesday, July 2nd. Morgan Stanley boosted their target price on Cintas from $213.00 to $220.00 and gave the stock an "equal weight" rating in a research report on Friday. Finally, Robert W. Baird boosted their target price on Cintas from $227.00 to $230.00 and gave the stock a "neutral" rating in a research report on Friday. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $222.75.

Cintas Price Performance

NASDAQ CTAS traded up $0.02 during trading hours on Friday, reaching $221.94. 2,528,220 shares of the company's stock were exchanged, compared to its average volume of 1,675,819. The stock has a market cap of $89.62 billion, a PE ratio of 51.40, a price-to-earnings-growth ratio of 3.34 and a beta of 1.05. Cintas has a one year low of $180.78 and a one year high of $229.24. The firm has a fifty day moving average of $220.85 and a 200-day moving average of $207.77. The company has a current ratio of 1.72, a quick ratio of 1.50 and a debt-to-equity ratio of 0.44.

Cintas (NASDAQ:CTAS - Get Free Report) last released its quarterly earnings results on Thursday, July 17th. The business services provider reported $1.09 EPS for the quarter, topping analysts' consensus estimates of $1.07 by $0.02. The business had revenue of $2.67 billion for the quarter, compared to analyst estimates of $2.63 billion. Cintas had a return on equity of 41.30% and a net margin of 17.53%. Cintas's revenue for the quarter was up 8.0% on a year-over-year basis. During the same period in the prior year, the company earned $3.99 EPS. On average, equities research analysts predict that Cintas will post 4.31 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Cintas stock. Brighton Jones LLC grew its stake in Cintas Corporation (NASDAQ:CTAS - Free Report) by 9.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,268 shares of the business services provider's stock after purchasing an additional 108 shares during the quarter. Brighton Jones LLC's holdings in Cintas were worth $232,000 at the end of the most recent reporting period. 63.46% of the stock is owned by hedge funds and other institutional investors.

About Cintas

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.