S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
NASDAQ:CTAS

Cintas - CTAS Stock Forecast, Price & News

$423.61
-3.58 (-0.84%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$420.95
$425.90
50-Day Range
$347.35
$427.19
52-Week Range
$343.86
$461.44
Volume
294,280 shs
Average Volume
455,452 shs
Market Capitalization
$42.87 billion
P/E Ratio
36.36
Dividend Yield
0.90%
Price Target
$432.00

Cintas MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
2.0% Upside
$432.00 Price Target
Short Interest
Healthy
1.36% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.28
Upright™ Environmental Score
News Sentiment
0.51mentions of Cintas in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.96%
From $12.23 to $13.57 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.30 out of 5 stars

Industrial Products Sector

89th out of 210 stocks

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

4th out of 6 stocks

CTAS stock logo

About Cintas (NASDAQ:CTAS) Stock

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. It also offers first aid and safety services, and fire protection products and services. The company 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 headquartered in Cincinnati, Ohio.

Cintas Stock Down 0.8 %

Cintas stock traded down $3.58 during mid-day trading on Friday, hitting $423.61. The company had a trading volume of 294,280 shares, compared to its average volume of 455,452. The stock has a market cap of $42.87 billion, a price-to-earnings ratio of 36.36, a PEG ratio of 3.22 and a beta of 1.45. The company has a quick ratio of 1.51, a current ratio of 1.84 and a debt-to-equity ratio of 0.75. Cintas has a 1 year low of $343.86 and a 1 year high of $461.44. The business has a fifty day moving average of $386.50 and a 200 day moving average of $389.38.

Cintas (NASDAQ:CTAS - Get Rating) last posted its earnings results on Thursday, July 14th. The business services provider reported $2.81 EPS for the quarter, topping analysts' consensus estimates of $2.68 by $0.13. Cintas had a return on equity of 35.81% and a net margin of 15.73%. The business had revenue of $2.07 billion for the quarter, compared to analysts' expectations of $2 billion. During the same quarter in the previous year, the firm earned $2.47 earnings per share. The business's revenue was up 13.0% compared to the same quarter last year. On average, sell-side analysts expect that Cintas will post 12.23 earnings per share for the current fiscal year.

Cintas Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Shareholders of record on Monday, August 15th will be given a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a yield of 1.09%. This is a boost from Cintas's previous quarterly dividend of $0.95. The ex-dividend date of this dividend is Friday, August 12th. Cintas's dividend payout ratio (DPR) is presently 32.62%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Morgan Stanley raised their target price on Cintas from $357.00 to $362.00 and gave the company an "equal weight" rating in a report on Friday, July 15th. StockNews.com raised shares of Cintas from a "hold" rating to a "buy" rating in a research note on Saturday, July 23rd. Barclays decreased their price target on shares of Cintas from $500.00 to $435.00 in a research report on Friday, July 15th. Royal Bank of Canada reduced their price objective on Cintas from $475.00 to $450.00 in a research note on Friday, July 15th. Finally, Wells Fargo & Company assumed coverage on Cintas in a research note on Tuesday, July 12th. They set an "equal weight" rating and a $393.00 target price for the company. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, Cintas presently has an average rating of "Moderate Buy" and a consensus target price of $432.00.

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CTAS Stock News Headlines

Analyzing Cintas's Short Interest - Benzinga
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Cintas (NASDAQ:CTAS) Rating Increased to Buy at StockNews.com
Cintas (NASDAQ:CTAS) Rating Lowered to Hold at StockNews.com
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CTAS Company Calendar

Ex-Dividend for 6/15 Dividend
5/13/2022
Dividend Payable
6/15/2022
Last Earnings
7/14/2022
Today
8/07/2022
Ex-Dividend for 9/15 Dividend
8/12/2022
Dividend Payable
9/15/2022
Next Earnings (Estimated)
10/05/2022
Fiscal Year End
5/31/2023

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
43,000
Year Founded
1968

Price Target and Rating

Average Stock Price Forecast
$432.00
High Stock Price Forecast
$493.00
Low Stock Price Forecast
$362.00
Forecasted Upside/Downside
+2.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$1.24 billion
Pretax Margin
19.08%

Debt

Sales & Book Value

Annual Sales
$7.85 billion
Cash Flow
$15.60 per share
Book Value
$32.33 per share

Miscellaneous

Free Float
86,111,000
Market Cap
$42.87 billion
Optionable
Optionable
Beta
1.45

Social Links


Key Executives














CTAS Stock - Frequently Asked Questions

Should I buy or sell Cintas stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cintas in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Cintas stock.
View analyst ratings for Cintas
or view top-rated stocks.

What is Cintas' stock price forecast for 2022?

8 brokerages have issued 1-year price targets for Cintas' shares. Their CTAS stock forecasts range from $362.00 to $493.00. On average, they predict Cintas' share price to reach $432.00 in the next twelve months. This suggests a possible upside of 2.0% from the stock's current price.
View analysts' price targets for Cintas
or view top-rated stocks among Wall Street analysts.

How has Cintas' stock performed in 2022?

Cintas' stock was trading at $443.17 at the beginning of 2022. Since then, CTAS stock has decreased by 4.4% and is now trading at $423.61.
View the best growth stocks for 2022 here
.

Are investors shorting Cintas?

Cintas saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 1,180,000 shares, an increase of 28.2% from the June 30th total of 920,300 shares. Based on an average daily volume of 517,600 shares, the short-interest ratio is presently 2.3 days. Currently, 1.4% of the company's stock are short sold.
View Cintas' Short Interest
.

When is Cintas' next earnings date?

Cintas is scheduled to release its next quarterly earnings announcement on Wednesday, October 5th 2022.
View our earnings forecast for Cintas
.

How were Cintas' earnings last quarter?

Cintas Co. (NASDAQ:CTAS) announced its quarterly earnings data on Thursday, July, 14th. The business services provider reported $2.81 EPS for the quarter, topping analysts' consensus estimates of $2.68 by $0.13. The business services provider had revenue of $2.07 billion for the quarter, compared to analysts' expectations of $2 billion. Cintas had a trailing twelve-month return on equity of 35.81% and a net margin of 15.73%. The company's revenue was up 13.0% compared to the same quarter last year. During the same quarter last year, the business earned $2.47 earnings per share.
Read Cintas' conference call transcript
.

How often does Cintas pay dividends? What is the dividend yield for Cintas?

Cintas announced a quarterly dividend on Tuesday, July 26th. Investors of record on Monday, August 15th will be given a dividend of $1.15 per share on Thursday, September 15th. This represents a $4.60 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date is Friday, August 12th. This is a boost from Cintas's previous quarterly dividend of $0.95.
View Cintas' dividend history
.

Is Cintas a good dividend stock?

Cintas(NASDAQ:CTAS) pays an annual dividend of $3.80 per share and currently has a dividend yield of 0.90%. Cintas has been increasing its dividend for 40 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Cintas is 32.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cintas will have a dividend payout ratio of 28.00% next year. This indicates that Cintas will be able to sustain or increase its dividend.
View Cintas' dividend history.

What guidance has Cintas issued on next quarter's earnings?

Cintas updated its FY 2023 earnings guidance on Thursday, July, 28th. The company provided EPS guidance of $11.90-$12.30 for the period, compared to the consensus estimate of $12.24. The company issued revenue guidance of $8.47 billion-$8.58 billion, compared to the consensus revenue estimate of $8.33 billion.

What other stocks do shareholders of Cintas own?

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

What is Cintas' stock symbol?

Cintas trades on the NASDAQ under the ticker symbol "CTAS."

Who are Cintas' major shareholders?

Cintas' stock is owned by many different retail and institutional investors. Top institutional shareholders include Brown Advisory Inc. (1.48%), ProShare Advisors LLC (0.52%), Sumitomo Mitsui Trust Holdings Inc. (0.31%), TimesSquare Capital Management LLC (0.29%), Frontier Capital Management Co. LLC (0.26%) and CIBC Private Wealth Group LLC (0.25%). Company insiders that own Cintas stock include J Michael Hansen, Joseph Scaminace, Melanie W Barstad, Michael Lawrence Thompson, Ronald W Tysoe, Thomas E Frooman and Todd M Schneider.
View institutional ownership trends for Cintas
.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Cintas' stock price today?

One share of CTAS stock can currently be purchased for approximately $423.61.

How much money does Cintas make?

Cintas (NASDAQ:CTAS) has a market capitalization of $42.87 billion and generates $7.85 billion in revenue each year. The business services provider earns $1.24 billion in net income (profit) each year or $11.65 on an earnings per share basis.

How many employees does Cintas have?

Cintas employs 43,000 workers across the globe.

Does Cintas have any subsidiaries?

The following companies are subsidiares of Cintas: 3305236 Nova Scotia Company, 912501 Ontario Inc., Alltex Uniform Rental Service LLC, Beacon Fire And Safety, CC Dutch Holding B.V., CC Dutch Shredding Holdco B.V., CC Dutch Storage B.V., CC Shredding Holdco LLC, CDS Equipment Holdings LLC, Cintas Canada Limited, Cintas Cleanroom Resources de Mexico S.A. de C.V., Cintas Corporate Services Inc., Cintas Corporation No. 2, Cintas Corporation No. 3, Cintas Distribution LLC, Cintas Holdings LLC, Cintas Holland BV, Cintas Hospitality UK Limited, Cintas Manufacturing LLC, Cintas Netherlands Holdings B.V., Cintas Service Transportation LLC, Cintas de Honduras S.A., Code Shred, Empresa Cintas de Mexico S.A. de C.V., Ensambles de Coahuila S.A. de C.V., G&K Services Co. LLC, G&K Services Holdings LLC, G&K Services LLC, G&K Services LLC, Grand Rapids Coat & Apron Service LLC, Grupo Cintas de Mexico S.A. de C.V., Leef Bros. LLC, Metro Door, Rental Uniform Service of Somerset KY LLC, Sanitizer Supply LLC, Sudbury Mat Rental, The Millennium Mat Company LLC, Unitog, Van Dyne Crotty, ZEE Medical, and Zee Medical Distributors LLC.
Read More

When was Cintas founded?

Cintas was founded in 1968.

How can I contact Cintas?

Cintas' mailing address is 6800 CINTAS BOULEVARD; P O BOX 625737, CINCINNATI OH, 45262. The official website for Cintas is www.cintas.com. The business services provider can be reached via phone at (513) 459-1200, via email at webmaster@cintasmail.com, or via fax at 513-573-4030.

This page (NASDAQ:CTAS) was last updated on 8/7/2022 by MarketBeat.com Staff

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