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NASDAQ:CTAS

Cintas (CTAS) Stock Price, News & Analysis

$761.39
+6.55 (+0.87%)
(As of 07/26/2024 ET)
Today's Range
$755.66
$765.05
50-Day Range
$663.52
$772.05
52-Week Range
$474.74
$773.78
Volume
266,430 shs
Average Volume
373,563 shs
Market Capitalization
$77.25 billion
P/E Ratio
52.58
Dividend Yield
0.71%
Price Target
$749.00

Cintas MarketRank™ Stock Analysis

Analyst Rating
Hold
2.36 Rating Score
Upside/​Downside
1.6% Downside
$749.00 Price Target
Short Interest
Healthy
1.69% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.61
Upright™ Environmental Score
News Sentiment
0.51mentions of Cintas in the last 14 days
Based on 30 Articles This Week
Insider Trading
Selling Shares
$3.35 M Sold Last Quarter
Proj. Earnings Growth
9.87%
From $16.62 to $18.26 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.80 out of 5 stars

Industrial Products Sector

8th out of 172 stocks

Mens' & Boy's Furnishings, Work Clothing, & Allied Garments Industry

2nd out of 6 stocks

CTAS stock logo

About Cintas Stock (NASDAQ:CTAS)

Cintas Corporation provides 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. In addition, the company offers first aid and safety services, and fire protection products and services. It provides its products and services through its distribution network and local delivery routes, or local representatives to small service and manufacturing companies, as well as major corporations. Cintas Corporation was founded in 1968 and is based in Cincinnati, Ohio. Cintas Corporation was formerly a subsidiary of Cintas Corporation.

CTAS Stock Price History

CTAS Stock News Headlines

Mechanic in blue workwear uniform inspects the car bottom with his assistant. Automobile repairing service
Parabolic Rise of This Stock Shows No Signs of Slowing
Cintas had another solid quarter, driving value for shareholders and sending its stock to new highs. The trends are strong and can send this stock even higher.
Hot Stock Splits Ahead: 3 Major Ones to Put on Your Watchlist
Hot Stock Splits Ahead: 3 Major Ones to Put on Your Watchlist
Stock splits are a hot-ticket item in 2024. Companies from NVIDIA NASDAQ: NVDA to Walmart NYSE: WMT and Chipotle Mexican Grill NYSE: CMG to Broadcom NASDAQ: AVGO are doing it, citing the same reasons.
625,000% Gain
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UniFirst Stock: Value-Building Sends a Signal to the Market (CTAS)
UniFirst is widening its margin and is ready to sustain high-single-digit dividend increases for the next few decades, something income investors love.
Cintas (NASDAQ:CTAS) Board of Directors Announces Share Buyback Plan
625,000% Gain
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Truist Financial Keeps Their Buy Rating on Cintas (CTAS)
RBC Capital Remains a Hold on Cintas (CTAS)
Cintas (NASDAQ:CTAS) Issues Quarterly Earnings Results
Cintas (NASDAQ:CTAS) Price Target Raised to $850.00
See More Headlines
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Company Calendar

Ex-Dividend for 6/14 Dividend
5/14/2024
Dividend Payable
6/14/2024
Last Earnings
7/18/2024
Today
7/26/2024
Ex-Dividend for 9/3 Dividend
8/15/2024
Dividend Payable
9/03/2024
Next Earnings (Estimated)
9/24/2024
Fiscal Year End
5/31/2025

Industry, Sector and Symbol

Industry
Mens' & boy's furnishings, work clothing, & allied garments
Sub-Industry
Diversified Support Services
Current Symbol
NASDAQ:CTAS
CUSIP
17290810
Employees
44,500
Year Founded
1968

Price Target and Rating

Average Stock Price Target
$749.00
High Stock Price Target
$874.00
Low Stock Price Target
$570.00
Potential Upside/Downside
-1.8%
Consensus Rating
Hold
Rating Score (0-4)
2.36
Research Coverage
14 Analysts

Profitability

Net Income
$1.57 billion
Pretax Margin
20.57%

Debt

Sales & Book Value

Annual Sales
$9.60 billion
Cash Flow
$20.07 per share
Book Value
$42.54 per share

Miscellaneous

Free Float
86,142,000
Market Cap
$77.37 billion
Optionable
Optionable
Beta
1.31

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Key Executives

  • Mr. Scott D. Farmer (Age 65)
    Executive Chairman
    Comp: $1.76M
  • Mr. Todd M. Schneider (Age 56)
    CEO, President & Director
    Comp: $3.13M
  • Mr. J. Michael HansenMr. J. Michael Hansen (Age 56)
    CFO & Executive VP
    Comp: $1.66M
  • Mr. David Brock Denton (Age 49)
    Senior VP, Secretary & General Counsel
    Comp: $1.05M
  • Mr. James N. Rozakis (Age 46)
    Executive VP & COO
  • Mr. Matt Hough
    VP & Chief Information Officer
  • Mr. Jared S. Mattingley
    VP, Treasurer, Investor Relations & Corporate Controller
  • Ms. Christy M. Nageleisen
    Vice President of Environment, Social & Governance and Chief Compliance Officer
  • Ms. Michelle Goret
    Vice President of Corporate Affairs
  • Mr. Robert W. Mitchell Jr.
    Chief Marketing Officer

Should I Buy Cintas Stock? CTAS Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Cintas Co.:

  • Cintas has received multiple buy ratings from analysts, indicating positive sentiment towards the company's future performance.
  • The company recently increased its dividend payout, providing investors with a steady income stream.
  • Insider activity shows that directors and executives are confident in the company's growth potential, as seen through recent stock sales at high prices.
  • Cintas has a strong market presence in providing corporate identity uniforms and related business services, offering stability and growth opportunities.
  • With institutional investors holding a significant portion of the company's stock, it indicates confidence in Cintas's long-term prospects.

Cons

Investors should be bearish about investing in Cintas Co. for these reasons:

  • One research analyst has rated the stock with a sell rating, suggesting potential risks associated with investing in Cintas.
  • While the company has seen price target upgrades, there is a possibility of market volatility affecting stock performance.
  • Recent insider selling activities by key personnel may raise concerns about the company's future growth prospects.
  • Market conditions and economic uncertainties could impact Cintas's business services segment, affecting revenue and profitability.
  • Investors should carefully consider the current stock price and valuation metrics to assess the potential for future returns.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, July 22, 2024. Please send any questions or comments about these Cintas pros and cons to contact@marketbeat.com.

CTAS Stock Analysis - Frequently Asked Questions

How have CTAS shares performed this year?

Cintas' stock was trading at $602.66 at the start of the year. Since then, CTAS shares have increased by 26.3% and is now trading at $761.39.
View the best growth stocks for 2024 here
.

How were Cintas' earnings last quarter?

Cintas Co. (NASDAQ:CTAS) announced its quarterly earnings results on Thursday, July, 18th. The business services provider reported $3.99 earnings per share for the quarter, beating analysts' consensus estimates of $3.80 by $0.19. The business's quarterly revenue was up 8.2% compared to the same quarter last year.
Read the conference call transcript
.

When did Cintas' stock split?

Shares of Cintas split on Thursday, September 12th 2024. The 4-1 split was announced on Thursday, May 2nd 2024. The newly minted shares will be issued to shareholders after the closing bell on Wednesday, September 11th 2024. An investor that had 100 shares of stock prior to the split would have 400 shares after the split.

Is Cintas doing a stock buyback?

Cintas' Board of Directors authorized a stock repurchase plan on Tuesday, July 23rd 2024, which allows the company to repurchase $1,000,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 1.3% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

Does Cintas have any subsidiaries?

The following companies are subsidiaries of Cintas: G&K Services LLC, Sudbury Mat Rental, ZEE Medical, Code Shred, Metro Door, Van Dyne Crotty, Beacon Fire And Safety, and more.

Who are Cintas' major shareholders?

Top institutional investors of Cintas include Bank of New York Mellon Corp (0.71%), Sumitomo Mitsui Trust Holdings Inc. (0.22%), Fifth Third Bancorp (0.15%) and Raymond James & Associates (0.12%). Insiders that own company stock include Thomas E Frooman, Jim Rozakis, J Michael Hansen, Gerald S Adolph, Michael Lawrence Thompson, Joseph Scaminace, Ronald W Tysoe, Melanie W Barstad and Todd M Schneider.
View institutional ownership trends
.

How do I buy shares of Cintas?

Shares of CTAS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Cintas own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cintas investors own include Johnson & Johnson (JNJ), Mastercard (MA), Visa (V), AbbVie (ABBV), Walt Disney (DIS), Walmart (WMT) and Home Depot (HD).

This page (NASDAQ:CTAS) was last updated on 7/26/2024 by MarketBeat.com Staff

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