William Blair Predicts Cintas' Q2 Earnings (NASDAQ:CTAS)

Key Points

• William Blair has lowered its Q2 2026 EPS estimate for Cintas to $1.16 per share, down from $1.18, while the consensus estimate for the company's full-year earnings is $4.31 per share.
• Analysts have varying ratings for Cintas, with one Strong Buy, six Buy, four Hold, and two Sell ratings, while the average target price stands at $222.75.
• Cintas recently increased its quarterly dividend to $0.45 per share, up from $0.39, resulting in an annualized dividend yield of 0.9%.

Cintas Corporation (NASDAQ:CTAS - Free Report) - Research analysts at William Blair dropped their Q2 2026 EPS estimates for shares of Cintas in a research report issued on Wednesday, September 24th. William Blair analyst T. Mulrooney now expects that the business services provider will earn $1.16 per share for the quarter, down from their previous forecast of $1.18. The consensus estimate for Cintas' current full-year earnings is $4.31 per share. William Blair also issued estimates for Cintas' Q3 2026 earnings at $1.21 EPS and Q4 2026 earnings at $1.22 EPS.

CTAS has been the subject of several other research reports. JPMorgan Chase & Co. decreased their price objective on Cintas from $246.00 to $230.00 and set an "overweight" rating for the company in a research note on Thursday. Wells Fargo & Company reduced their price target on Cintas from $221.00 to $218.00 and set an "equal weight" rating for the company in a report on Thursday. Robert W. Baird upped their target price on Cintas from $227.00 to $230.00 and gave the company a "neutral" rating in a report on Friday, July 18th. UBS Group boosted their target price on shares of Cintas from $240.00 to $255.00 and gave the company a "buy" rating in a research note on Friday, July 18th. Finally, Royal Bank Of Canada decreased their target price on shares of Cintas from $240.00 to $206.00 and set a "sector perform" rating on the stock in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $222.75.

Cintas Trading Up 1.0%

Shares of CTAS opened at $202.05 on Friday. The firm has a market capitalization of $81.42 billion, a P/E ratio of 44.80, a P/E/G ratio of 3.46 and a beta of 1.01. Cintas has a 12-month low of $180.78 and a 12-month high of $229.24. The company has a current ratio of 2.24, a quick ratio of 1.82 and a debt-to-equity ratio of 0.51. The firm has a 50-day moving average price of $213.16 and a 200 day moving average price of $212.57.

Cintas (NASDAQ:CTAS - Get Free Report) last issued its earnings results on Wednesday, September 24th. The business services provider reported $1.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.19 by $0.01. The company had revenue of $2.72 billion during 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%.The firm's quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter last year, the business posted $1.10 EPS. Cintas has set its FY 2026 guidance at 4.740-4.86 EPS.

Hedge Funds Weigh In On Cintas

Several institutional investors and hedge funds have recently added to or reduced their stakes in CTAS. Crestwood Advisors Group LLC acquired a new stake in Cintas in the first quarter valued at approximately $270,000. Pinnacle Financial Partners Inc boosted its position in Cintas by 3.8% during the first quarter. Pinnacle Financial Partners Inc now owns 60,099 shares of the business services provider's stock worth $12,327,000 after purchasing an additional 2,191 shares during the period. China Universal Asset Management Co. Ltd. boosted its stake in Cintas by 51.9% in the 1st quarter. China Universal Asset Management Co. Ltd. now owns 9,967 shares of the business services provider's stock worth $2,049,000 after purchasing an additional 3,404 shares during the period. BNP Paribas Financial Markets grew its position in shares of Cintas by 25.5% during the 1st quarter. BNP Paribas Financial Markets now owns 791,197 shares of the business services provider's stock valued at $162,615,000 after purchasing an additional 160,820 shares in the last quarter. Finally, Fifth Third Bancorp raised its stake in Cintas by 1.0% in the first quarter. Fifth Third Bancorp now owns 605,222 shares of the business services provider's stock valued at $124,391,000 after purchasing an additional 5,784 shares in the last quarter. 63.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Cintas

In other news, Director Martin Mucci bought 1,200 shares of the company's stock in a transaction dated Monday, July 21st. The stock was bought at an average price of $222.55 per share, for a total transaction of $267,060.00. Following the completion of the transaction, the director directly owned 2,621 shares in the company, valued at $583,303.55. The trade was a 84.45% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Todd M. Schneider sold 17,301 shares of the business's stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $220.90, for a total value of $3,821,790.90. Following the completion of the transaction, the chief executive officer directly owned 622,712 shares of the company's stock, valued at approximately $137,557,080.80. The trade was a 2.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 14.90% of the company's stock.

Cintas Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 15th were paid a dividend of $0.45 per share. This is an increase from Cintas's previous quarterly dividend of $0.39. This represents a $1.80 annualized dividend and a yield of 0.9%. The ex-dividend date was Friday, August 15th. Cintas's dividend payout ratio is currently 40.82%.

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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