NASDAQ:CTAS

Cintas (CTAS) Stock Price, News & Analysis

$668.00
+3.00 (+0.45%)
(As of 01:40 PM ET)
Today's Range
$665.15
$669.53
50-Day Range
$605.96
$687.03
52-Week Range
$438.59
$704.84
Volume
204,219 shs
Average Volume
342,210 shs
Market Capitalization
$67.72 billion
P/E Ratio
46.13
Dividend Yield
0.81%
Price Target
$661.21

Cintas MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
0.7% Downside
$661.21 Price Target
Short Interest
Healthy
1.68% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.90
Upright™ Environmental Score
News Sentiment
1.01mentions of Cintas in the last 14 days
Based on 18 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.70%
From $14.95 to $16.40 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.

4.71 out of 5 stars

Industrial Products Sector

9th out of 166 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

Cintas or UniFirst: Investors Win Either Way
Resilient labor markets, foresightful management, and capital returns drive long-term gains for investors in Cintas NASDAQ: CTAS and UniFirst NYSE: UNF; the only question is which is the better buy. The answer depends on numerous factors, including risk tolerance and timeframe.
Cintas or UniFirst: Investors Win Either Way
Cintas and UniFirst are two value-building stocks with a solid trajectory for dividend increases and capital returns; which is the right one for you?
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
This week: Consumer confidence, Cintas earnings, pending home sales
The Conference Board on Tuesday issues its consumer confidence index for March; on Wednesday workplace uniform company Cintas reports its latest earnings and on Thursday the National Association of Realtors releases its pending home sales report for February
3 Retirement Stocks to Buy Now: Q2 Edition
7 Growth Stocks to Buy Now: Q2 Edition
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Cintas (CTAS) Just Overtook the 20-Day Moving Average
Cintas declares $1.35 dividend
Cintas Builds AI-Powered Knowledge
The 7 Best Retirement Stocks to Buy in April 2024
See More Headlines
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Company Calendar

Ex-Dividend for 3/15 Dividend
2/14/2024
Dividend Payable
3/15/2024
Last Earnings
3/27/2024
Today
4/23/2024
Ex-Dividend for 6/14 Dividend
5/14/2024
Fiscal Year End
5/31/2024
Dividend Payable
6/14/2024
Next Earnings (Estimated)
7/11/2024

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
$661.21
High Stock Price Target
$790.00
Low Stock Price Target
$441.00
Potential Upside/Downside
-0.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
14 Analysts

Profitability

Net Income
$1.35 billion
Pretax Margin
20.11%

Debt

Sales & Book Value

Annual Sales
$8.82 billion
Cash Flow
$17.38 per share
Book Value
$37.99 per share

Miscellaneous

Free Float
86,267,000
Market Cap
$67.41 billion
Optionable
Optionable
Beta
1.27

Social Links

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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 Corporation provides corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America, offering a diversified revenue stream.
  • The company operates through various segments, including Uniform Rental and Facility Services, First Aid and Safety Services, and All Other, providing a wide range of services to different industries.
  • Cintas Corporation has a strong distribution network and local delivery routes, ensuring efficient service to its customers.
  • The company offers first aid and safety services, tapping into the growing demand for workplace safety solutions.
  • Investors may find the current stock price of Cintas Co. attractive for potential value appreciation.

Cons

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

  • Market volatility and economic uncertainties could impact the demand for corporate identity uniforms and related services, affecting Cintas Corporation's revenue.
  • As a company operating in the service industry, Cintas Co. may face challenges related to labor costs and regulatory compliance.
  • Changes in consumer preferences or industry trends could require Cintas Corporation to adapt its offerings, potentially leading to additional costs or disruptions.
  • Competitive pressures within the industry may affect Cintas Co.'s market share and profitability.
  • External factors such as geopolitical events or natural disasters could impact Cintas Corporation's operations and financial performance.
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 Wednesday, April 10, 2024. Please send any questions or comments about these Cintas pros and cons to contact@marketbeat.com.

CTAS Stock Analysis - Frequently Asked Questions

Should I buy or sell Cintas stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cintas in the last year. There are currently 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CTAS shares.
View CTAS analyst ratings
or view top-rated stocks.

What is Cintas' stock price target for 2024?

14 Wall Street analysts have issued 12 month price objectives for Cintas' shares. Their CTAS share price targets range from $441.00 to $790.00. On average, they anticipate the company's stock price to reach $661.21 in the next twelve months. This suggests that the stock has a possible downside of 0.7%.
View analysts price targets for CTAS
or view top-rated stocks among Wall Street analysts.

How have CTAS shares performed in 2024?

Cintas' stock was trading at $602.66 at the beginning of the year. Since then, CTAS shares have increased by 10.5% and is now trading at $665.93.
View the best growth stocks for 2024 here
.

Are investors shorting Cintas?

Cintas saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 1,450,000 shares, a drop of 9.4% from the March 15th total of 1,600,000 shares. Based on an average daily trading volume, of 344,700 shares, the days-to-cover ratio is currently 4.2 days. Approximately 1.7% of the company's shares are sold short.
View Cintas' Short Interest
.

When is Cintas' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 11th 2024.
View our CTAS earnings forecast
.

How were Cintas' earnings last quarter?

Cintas Co. (NASDAQ:CTAS) announced its quarterly earnings results on Wednesday, March, 27th. The business services provider reported $3.84 earnings per share for the quarter, topping the consensus estimate of $3.58 by $0.26. The business services provider earned $2.41 billion during the quarter, compared to the consensus estimate of $2.39 billion. Cintas had a trailing twelve-month return on equity of 37.19% and a net margin of 15.98%. The firm's revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.14 earnings per share.
Read the conference call transcript
.

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

Cintas announced a quarterly dividend on Tuesday, April 9th. Shareholders of record on Wednesday, May 15th will be given a dividend of $1.35 per share on Friday, June 14th. This represents a $5.40 annualized dividend and a dividend yield of 0.81%. The ex-dividend date is Tuesday, May 14th.
Read our dividend analysis for CTAS
.

Is Cintas a good dividend stock?

Cintas (NASDAQ:CTAS) pays an annual dividend of $5.40 per share and currently has a dividend yield of 0.82%. The company has been increasing its dividend for 41 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 37.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CTAS will have a dividend payout ratio of 32.93% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CTAS.

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

Cintas updated its FY 2024 earnings guidance on Wednesday, March, 27th. The company provided earnings per share guidance of 14.800-15.000 for the period, compared to the consensus earnings per share estimate of 14.600. The company issued revenue guidance of $9.6 billion-$9.6 billion, compared to the consensus revenue estimate of $9.6 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).

Who are Cintas' major shareholders?

Cintas' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.23%), Congress Asset Management Co. MA (0.19%), Los Angeles Capital Management LLC (0.16%), Fifth Third Bancorp (0.14%), Global Assets Advisory LLC (0.12%) and Raymond James & Associates (0.11%). Insiders that own company stock include Gerald S Adolph, J Michael Hansen, Joseph Scaminace, Melanie W Barstad, Michael Lawrence Thompson, Thomas E Frooman 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.

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
This page (NASDAQ:CTAS) was last updated on 4/23/2024 by MarketBeat.com Staff

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