NASDAQ:CTASCintas Stock Price, Forecast & News

Cintas' stock was trading at $250.41 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CTAS stock has increased by 0.9% and is now trading at $252.73. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cintas in the last year. There are currently 1 sell rating, 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Cintas.

Cintas is scheduled to release its next quarterly earnings announcement on Tuesday, July 21st 2020. View our earnings forecast for Cintas.

Cintas Co. (NASDAQ:CTAS) issued its quarterly earnings data on Thursday, March, 19th. The business services provider reported $2.16 EPS for the quarter, topping the consensus estimate of $2.02 by $0.14. The business services provider earned $1.81 billion during the quarter, compared to analyst estimates of $1.80 billion. Cintas had a return on equity of 30.73% and a net margin of 13.19%. The business's quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.84 earnings per share. View Cintas' earnings history.

Cintas announced an annual dividend on Tuesday, October 29th. Shareholders of record on Friday, November 8th will be given a dividend of $2.55 per share on Friday, December 6th. The ex-dividend date of this dividend is Thursday, November 7th. View Cintas' dividend history.

Cintas announced that its board has initiated a share repurchase plan on Tuesday, October 29th 2019, which permits the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 3.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board of directors believes its stock is undervalued.

11 brokerages have issued 1-year target prices for Cintas' shares. Their forecasts range from $160.00 to $308.00. On average, they anticipate Cintas' share price to reach $240.20 in the next year. This suggests that the stock has a possible downside of 5.0%. View analysts' price targets for Cintas.

News stories about CTAS stock have been trending very negative this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cintas earned a news impact score of -3.1 on InfoTrie's scale. They also gave news headlines about the business services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutCintas.

Cintas saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 1,850,000 shares, an increase of 10.1% from the March 31st total of 1,680,000 shares. Based on an average trading volume of 913,500 shares, the days-to-cover ratio is currently 2.0 days. Approximately 2.1% of the shares of the stock are sold short. View Cintas' Current Options Chain.

Some companies that are related to Cintas include Copart (CPRT), Iron Mountain (IRM), UniFirst (UNF), KAR Auction Services (KAR), Healthcare Services Group (HCSG), Mobile Mini (MINI), McGrath RentCorp (MGRC), Viad (VVI) and Performant Financial (PFMT). View all competitors.

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

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

Cintas' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.91%), State Street Corp (3.72%), Geode Capital Management LLC (1.51%), Franklin Resources Inc. (1.46%), Invesco Ltd. (1.18%) and Congress Asset Management Co. MA (0.70%). Company insiders that own Cintas stock include Joseph Scaminace, Michael Lawrence Thompson, Ronald W Tysoe and Thomas E Frooman. View institutional ownership trends for Cintas.

CTAS stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Invesco Ltd., Fred Alger Management LLC, Franklin Resources Inc., Frontier Capital Management Co. LLC, BlackRock Inc., The Manufacturers Life Insurance Company , and Pictet Asset Management Ltd.. Company insiders that have sold Cintas company stock in the last year include Michael Lawrence Thompson, and Thomas E Frooman. View insider buying and selling activity for Cintas.

CTAS stock was acquired by a variety of institutional investors in the last quarter, including Korea Investment CORP, Ardevora Asset Management LLP, Alecta Pensionsforsakring Omsesidigt, London Co. of Virginia, PGGM Investments, Pictet & Cie Europe SA, 1832 Asset Management L.P., and Los Angeles Capital Management & Equity Research Inc.. View insider buying and selling activity for Cintas.

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

One share of CTAS stock can currently be purchased for approximately $252.73.

Cintas has a market capitalization of $26.30 billion and generates $6.89 billion in revenue each year. The business services provider earns $884.98 million in net income (profit) each year or $7.60 on an earnings per share basis. Cintas employs 45,000 workers across the globe.

The official website for Cintas is www.cintas.com.

Cintas' mailing address is 6800 CINTAS BOULEVARD; P O BOX 625737, CINCINNATI OH, 45262. The business services provider can be reached via phone at 513-459-1200 or via email at [email protected]