Zacks Research Forecasts Cintas' Q3 Earnings (NASDAQ:CTAS)

Cintas Corporation (NASDAQ:CTAS - Free Report) - Equities researchers at Zacks Research increased their Q3 2026 earnings estimates for Cintas in a note issued to investors on Wednesday, June 18th. Zacks Research analyst R. Department now anticipates that the business services provider will post earnings per share of $1.22 for the quarter, up from their prior estimate of $1.20. The consensus estimate for Cintas' current full-year earnings is $4.31 per share. Zacks Research also issued estimates for Cintas' Q4 2026 earnings at $1.18 EPS, FY2026 earnings at $4.76 EPS, Q1 2027 earnings at $1.26 EPS, Q2 2027 earnings at $1.32 EPS, Q3 2027 earnings at $1.32 EPS, Q4 2027 earnings at $1.34 EPS and FY2027 earnings at $5.24 EPS.

Cintas (NASDAQ:CTAS - Get Free Report) last released its quarterly earnings data on Wednesday, March 26th. The business services provider reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.08. The company had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.60 billion. Cintas had a net margin of 17.53% and a return on equity of 41.30%. Cintas's revenue for the quarter was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.84 earnings per share.

Several other equities research analysts also recently weighed in on CTAS. Citigroup started coverage on Cintas in a report on Monday, February 24th. They set a "sell" rating and a $161.00 price target for the company. Wells Fargo & Company lifted their target price on shares of Cintas from $184.00 to $196.00 and gave the company an "underweight" rating in a report on Thursday, March 27th. Robert W. Baird increased their price target on shares of Cintas from $200.00 to $227.00 and gave the stock a "neutral" rating in a report on Thursday, March 27th. UBS Group lifted their price objective on Cintas from $218.00 to $240.00 and gave the company a "buy" rating in a report on Thursday, March 27th. Finally, Truist Financial boosted their target price on Cintas from $215.00 to $230.00 and gave the stock a "buy" rating in a research report on Thursday, March 27th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, Cintas has a consensus rating of "Hold" and an average price target of $215.81.

Cintas Stock Down 0.4%

CTAS opened at $220.42 on Thursday. Cintas has a 52 week low of $172.20 and a 52 week high of $229.24. The business has a 50 day moving average price of $216.63 and a two-hundred day moving average price of $205.61. The company has a quick ratio of 1.50, a current ratio of 1.72 and a debt-to-equity ratio of 0.44. The company has a market cap of $89.00 billion, a PE ratio of 51.05, a P/E/G ratio of 3.45 and a beta of 1.07.

Cintas Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Thursday, May 15th were issued a $0.39 dividend. The ex-dividend date was Thursday, May 15th. This represents a $1.56 dividend on an annualized basis and a yield of 0.71%. Cintas's dividend payout ratio (DPR) is 36.11%.

Insiders Place Their Bets

In related news, Director Ronald W. Tysoe sold 8,521 shares of the company's stock in a transaction that occurred on Monday, April 14th. The shares were sold at an average price of $208.96, for a total transaction of $1,780,548.16. Following the transaction, the director now owns 27,029 shares of the company's stock, valued at approximately $5,647,979.84. This represents a 23.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Jim Rozakis sold 2,000 shares of Cintas stock in a transaction that occurred on Monday, April 7th. The stock was sold at an average price of $190.37, for a total transaction of $380,740.00. Following the completion of the sale, the chief operating officer now directly owns 256,528 shares of the company's stock, valued at $48,835,235.36. The trade was a 0.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. 15.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Cintas

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. WPG Advisers LLC acquired a new stake in Cintas in the 1st quarter worth about $27,000. Cyrus J. Lawrence LLC purchased a new stake in Cintas in the fourth quarter valued at approximately $29,000. Saudi Central Bank acquired a new position in Cintas during the first quarter worth approximately $29,000. IAG Wealth Partners LLC raised its stake in Cintas by 136.8% during the fourth quarter. IAG Wealth Partners LLC now owns 180 shares of the business services provider's stock worth $33,000 after purchasing an additional 104 shares during the period. Finally, Meeder Asset Management Inc. raised its stake in Cintas by 239.3% during the fourth quarter. Meeder Asset Management Inc. now owns 190 shares of the business services provider's stock worth $35,000 after purchasing an additional 134 shares during the period. Hedge funds and other institutional investors own 63.46% of the company's stock.

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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