William Blair Comments on Cintas' Q1 Earnings (NASDAQ:CTAS)

Cintas Corporation (NASDAQ:CTAS - Free Report) - Analysts at William Blair cut their Q1 2026 earnings per share estimates for shares of Cintas in a note issued to investors on Friday, July 18th. William Blair analyst T. Mulrooney now anticipates that the business services provider will post earnings per share of $1.16 for the quarter, down from their prior estimate of $1.18. The consensus estimate for Cintas' current full-year earnings is $4.31 per share. William Blair also issued estimates for Cintas' Q2 2026 earnings at $1.18 EPS, Q3 2026 earnings at $1.22 EPS, Q4 2026 earnings at $1.24 EPS, FY2026 earnings at $4.79 EPS, FY2027 earnings at $5.30 EPS, FY2028 earnings at $5.86 EPS, FY2029 earnings at $6.47 EPS and FY2030 earnings at $4.79 EPS.

A number of other brokerages also recently issued reports on CTAS. Robert W. Baird increased their price target on shares of Cintas from $227.00 to $230.00 and gave the stock a "neutral" rating in a report on Friday. Wells Fargo & Company upgraded shares of Cintas from an "underweight" rating to an "equal weight" rating and upped their price objective for the stock from $196.00 to $221.00 in a research report on Tuesday, July 1st. Argus upgraded Cintas to a "strong-buy" rating in a research report on Wednesday, April 16th. JPMorgan Chase & Co. began coverage on Cintas in a research note on Monday, July 14th. They issued an "overweight" rating and a $239.00 price target for the company. Finally, The Goldman Sachs Group upped their price target on Cintas from $233.00 to $257.00 and gave the stock a "buy" rating in a report on Wednesday, July 2nd. Two analysts have rated the stock with a sell rating, five have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Cintas currently has an average rating of "Hold" and an average target price of $224.54.

Cintas Price Performance

Shares of NASDAQ CTAS opened at $221.94 on Monday. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.09 and a quick ratio of 1.82. The stock has a market capitalization of $89.62 billion, a price-to-earnings ratio of 50.33, a PEG ratio of 3.50 and a beta of 1.05. The firm's 50 day simple moving average is $220.99 and its 200-day simple moving average is $208.40. Cintas has a 12 month low of $180.78 and a 12 month high of $229.24.

Cintas (NASDAQ:CTAS - Get Free Report) last announced its quarterly earnings results on Thursday, July 17th. The business services provider reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.02. Cintas had a return on equity of 41.21% and a net margin of 17.53%. The company had revenue of $2.67 billion during the quarter, compared to analysts' expectations of $2.63 billion. During the same period last year, the business earned $3.99 earnings per share. Cintas's quarterly revenue was up 8.0% on a year-over-year basis.

Institutional Investors Weigh In On Cintas

Institutional investors have recently bought and sold shares of the company. Brighton Jones LLC raised its stake in Cintas by 9.3% in the 4th quarter. Brighton Jones LLC now owns 1,268 shares of the business services provider's stock valued at $232,000 after purchasing an additional 108 shares during the last quarter. Bank Pictet & Cie Europe AG grew its holdings in shares of Cintas by 0.7% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 514,336 shares of the business services provider's stock worth $93,969,000 after buying an additional 3,504 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of Cintas in the fourth quarter valued at about $295,000. Harbour Investments Inc. raised its position in shares of Cintas by 17.1% in the fourth quarter. Harbour Investments Inc. now owns 492 shares of the business services provider's stock valued at $90,000 after buying an additional 72 shares during the last quarter. Finally, Whittier Trust Co. lifted its stake in shares of Cintas by 15.2% in the fourth quarter. Whittier Trust Co. now owns 3,840 shares of the business services provider's stock worth $702,000 after buying an additional 508 shares in the last quarter. 63.46% of the stock is currently owned by institutional investors and hedge funds.

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.

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