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 shares have decreased by 3.9% and is now trading at $240.65. 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) posted its earnings results on Thursday, March, 19th. The business services provider reported $2.16 earnings per share for the quarter, topping analysts' consensus estimates of $2.02 by $0.14. The business services provider earned $1.81 billion during the quarter, compared to the consensus estimate of $1.80 billion. Cintas had a net margin of 13.19% and a return on equity of 30.73%. The company's quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.84 EPS. 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 is Thursday, November 7th. View Cintas' dividend history.

Cintas announced that its board has initiated a share buyback program on Tuesday, October 29th 2019, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 3.5% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

11 equities research analysts have issued 12 month price objectives for Cintas' stock. 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 0.2%. View analysts' price targets for Cintas.

News headlines about CTAS stock have trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cintas earned a daily sentiment score of -4.5 on InfoTrie's scale. They also gave media stories about the business services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next few 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 daily volume of 913,500 shares, the days-to-cover ratio is presently 2.0 days. Currently, 2.1% of the company's stock are short sold. 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 number of institutional and retail investors. Top institutional investors 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 bought 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, Los Angeles Capital Management & Equity Research Inc., and Morgan Stanley. 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 $240.65.

Cintas has a market capitalization of $25.04 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]