Cintas Company Profile (NASDAQ:CTAS)

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

Cintas declared an annual dividend on Wednesday, October 19th. Investors of record on Friday, November 4th will be given a dividend of $1.33 per share on Friday, December 2nd. This represents a yield of 1.23%. The ex-dividend date of this dividend is Wednesday, November 2nd. This is a positive change from Cintas's previous annual dividend of $1.05. View Cintas' Dividend History.

Cintas Co. (NASDAQ:CTAS) posted its quarterly earnings data on Wednesday, March, 22nd. The company reported $1.11 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.07 by $0.04. The company earned $1.28 billion during the quarter, compared to analyst estimates of $1.28 billion. Cintas had a return on equity of 24.80% and a net margin of 10.37%. The company's revenue was up 5.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.05 earnings per share. View Cintas' Earnings History.

Cintas is scheduled to release their next quarterly earnings announcement on Monday, July, 17th 2017. View Earnings Estimates for Cintas.

12 brokers have issued twelve-month target prices for Cintas' stock. Their predictions range from $87.00 to $145.00. On average, they expect Cintas' share price to reach $128.00 in the next twelve months. View Analyst Ratings for Cintas.

Here are some recent quotes from research analysts about Cintas stock:

• 1. According to Zacks Investment Research, "Cintas recorded strong third-quarter fiscal 2017 results on the back of healthy top-line growth, with adjusted earnings comfortably beating the Zacks Consensus Estimate by $0.05. Cintas has completed the acquisition of rival G&K Services. The transaction is likely to fuel its growth momentum with an extended product portfolio and additional processing capacity. Cintas aims to continually achieve revenue build-up by increasing penetration levels at existing customers and broadening the customer base to include fresh business segments. Cintas’ shares have also outperformed the industry in the last three months. However, volatility in raw material prices and third-party supply constraints remain potential headwinds. Moreover, persistent challenging macroeconomic environment has mostly driven customers to perform certain in-house services themselves instead of outsourcing them to Cintas, which have resulted in some loss of businesses." (3/27/2017)
• 2. Robert W. Baird analysts commented, "Great execution improves confidence in the long-term trajectory. Another excellent quarter of execution saw organic growth rates strengthen sequentially with CTAS firing on all cylinders in an environment that remains conducive for new business wins, arguably modestly improved. Focus now shifts to GK integration with long-term synergy targets/timeline unchanged and management cognizant of need to maintain service quality to achieve. Recent GK close "bump" and expected strength tomorrow leaves less incremental near-term opportunity though conviction in the long-term preserves our rating." (3/23/2017)
• 3. Piper Jaffray Companies analysts commented, "Cintas reported a healthy F3Q print, with the most significant development being the successful close of the $2.2B G&K acquisition on 3/21 following recent regulatory approval. We believe the transaction is highly strategic, and will lead to meaningful cost synergies and long-term margin expansion from improved utilization of GK's processing facilities, with incremental cross-selling opportunity of CTAS' diversified solutions into GK's customer base. We believe the improved long-term operating margin outlook for CTAS is balanced by near-term EPS dilution from deal amortization and additional anticipated SAP implementation costs." (3/23/2017)
• 4. Deutsche Bank AG analysts commented, "Market conditions aside, we don't have a great view for how the CTAS stock reacts tomorrow as the market discounts revenue + EPS of $1,281m + $1.11 that was mixed compared to DBe/Street of $1,296m/$1,280m + $1.05/$1.07 coupled with the company unexpectedly pulling its guidance for the balance of FY-2017 after closing its previously announced'August-16'$2.2b acquisition of GK yesterday. While Cintas continues to see annualized expense synergies of $130m-$140m the fourth full year following the deal, the integration process needed to achieve the annual synergies will result in certain non-recurring costs. In addition, Cintas hasn't completed its purchase accounting, including certain third-party valuations, which may significantly impact future results. While Cintas has estimated integration costs + its purchase price accounting from its due diligence, it has to confirm these assumptions. That said, we nudge our FY 2017E EPS to $4.63 up from $4.60 due to FQ3 outperformance + offer $4.90 FY18E. IMPORTANTLY, these estimates don't factor GK operations + synergies. We maintain our Hold, but nudge our PT to $125 up from $120." (3/23/2017)

Cintas saw a decline in short interest in April. As of April 28th, there was short interest totalling 4,669,831 shares, a decline of 2.3% from the April 13th total of 4,779,053 shares. Based on an average trading volume of 465,575 shares, the days-to-cover ratio is presently 10.0 days.

Some companies that are related to Cintas include Fiserv (FISV), Moody's Co. (MCO), Global Payments (GPN), Alliance Data Systems (ADS), FleetCor Technologies (FLT), Verisk Analytics (VRSK), Vantiv (VNTV), Rollins (ROL), TransUnion (TRU), Genpact Limited (G), Servicemaster Global Holdings (SERV), Euronet Worldwide (EEFT), SYNNEX (SNX), WEX (WEX), MAXIMUS (MMS), Healthcare Services Group (HCSG), ILG (ILG) and Ritchie Bros Auctioneers (RBA).

Cintas' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.62%), BlackRock Inc. (6.14%), State Street Corp (4.65%), First Eagle Investment Management LLC (3.73%), Fort Washington Investment Advisors Inc. OH (1.54%) and AQR Capital Management LLC (1.44%). Company insiders that own Cintas stock include Gerald S Adolph, J Michael Hansen, James Phillip Holloman, Paul F Adler, Ronald W Tysoe and Thomas E Frooman. View Institutional Ownership Trends for Cintas.

Cintas' stock was sold by a variety of institutional investors in the last quarter, including Marshall Wace LLP, First Eagle Investment Management LLC, Renaissance Technologies LLC, Bank of New York Mellon Corp, Old Mutual Global Investors UK Ltd., PNC Financial Services Group Inc., Redwood Investments LLC and First Trust Advisors LP. Company insiders that have sold Cintas stock in the last year include Gerald S Adolph, J Michael Hansen, Paul F Adler and Thomas E Frooman. View Insider Buying and Selling for Cintas.

Cintas' stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., MARSHALL WACE ASIA Ltd, Marshall Wace North America L.P., Artisan Partners Limited Partnership, Morgan Stanley, FMR LLC, JPMorgan Chase & Co. and Stifel Financial Corp. View Insider Buying and Selling for Cintas.

Shares of Cintas can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Cintas stock can currently be purchased for approximately $125.16.