Cintas Corporation (CTAS) - What Are Analysts Thinking About This Stock?

Key Points

• Analyst sentiment is moderately positive: Of 17 analysts covering Cintas, 10 rate it a buy, six a hold, and one a sell; the average one-year price target is $218.62.
• Latest quarterly results topped expectations: Cintas reported EPS of $1.39 versus the $1.35 consensus and revenue of $3.01 billion versus $2.98 billion, with revenue up 10.9% year over year. The company’s FY 2027 EPS guidance is $5.45–$5.54.
• Cintas declared a quarterly dividend of $0.52 per share, equal to $2.08 annualized and a 0.9% yield.

Shares of Cintas Corporation (NASDAQ:CTAS - Get Free Report) have earned an average recommendation of "Moderate Buy" from the seventeen analysts that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and ten have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $218.62.

A number of research analysts have weighed in on CTAS shares. Robert W. Baird set a $222.00 price target on shares of Cintas and gave the company an "outperform" rating in a research report on Thursday, September 24th. Sanford C. Bernstein reaffirmed a "market perform" rating on shares of Cintas in a research report on Thursday, September 10th. Bank of America reaffirmed a "buy" rating and set a $232.00 price target on shares of Cintas in a research report on Thursday, October 29th. Rothschild & Co Redburn increased their price target on Cintas from $184.00 to $198.00 and gave the company a "neutral" rating in a report on Tuesday, July 28th. Finally, Royal Bank Of Canada reissued a "sector perform" rating and issued a $206.00 price objective on shares of Cintas in a research report on Thursday, September 24th.

Cintas Price Performance

Shares of NASDAQ:CTAS opened at $225.28 on Wednesday. The company has a market cap of $89.45 billion, a P/E ratio of 44.43, a P/E/G ratio of 3.54 and a beta of 0.86. The company has a quick ratio of 1.29, a current ratio of 1.45 and a debt-to-equity ratio of 0.27. Cintas has a 52 week low of $161.16 and a 52 week high of $233.46. The business has a fifty day simple moving average of $207.31 and a 200-day simple moving average of $191.58.

Cintas (NASDAQ:CTAS - Get Free Report) last issued its quarterly earnings results on Wednesday, September 23rd. The business services provider reported $1.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.35 by $0.04. Cintas had a return on equity of 42.57% and a net margin of 17.82%. The firm had revenue of $3.01 billion for the quarter, compared to analyst estimates of $2.98 billion. During the same period last year, the company earned $1.20 EPS. The firm's quarterly revenue was up 10.9% on a year-over-year basis. Cintas has set its FY 2027 guidance at 5.450-5.540 EPS. Equities research analysts forecast that Cintas will post 5.53 EPS for the current year.

Cintas Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Friday, November 13th will be paid a dividend of $0.52 per share. The ex-dividend date is Friday, November 13th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 0.9%. Cintas's dividend payout ratio (DPR) is currently 41.03%.

Hedge Funds Weigh In On Cintas

A number of institutional investors have recently added to or reduced their stakes in CTAS. AMG National Trust Bank acquired a new position in Cintas in the second quarter worth about $1,973,000. Summit Global Investments bought a new stake in Cintas in the second quarter valued at about $950,000. TimesSquare Capital Management LLC bought a new stake in Cintas in the second quarter valued at about $62,057,000. Oppenheimer Asset Management Inc. bought a new position in Cintas during the 2nd quarter worth approximately $4,972,000. Finally, BlackRock Inc. bought a new position in Cintas during the 2nd quarter worth approximately $4,520,425,000. Institutional investors and hedge funds own 63.46% of the company's stock.

Cintas Company Profile

Cintas Corporation provides workplace products and services to businesses, primarily in North America. Its offerings include uniform rental and sales, workwear, and related services such as laundering and maintaining uniforms. The company also supplies facility services, including restroom and floor products, and provides first aid and safety products and services. Its fire protection business offers services such as inspecting and maintaining fire extinguishers and other safety equipment. Cintas traces its roots to Acme Industrial Laundry, a family business established in 1929.

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