NASDAQ:CTAS

Cintas - CTAS Stock Forecast, Price & News

$429.64

-2.14 (-0.50%)

(As of 08/11/2022 12:00 AM ET)

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Today's Range: $427.87
▼
$435.00
50-Day Range: $347.35
▼
$431.78
52-Week Range: $343.86
▼
$461.44

Volume: 206,500 shs
Average Volume: 436,280 shs
Market Capitalization: $43.48 billion

P/E Ratio: 36.88
Dividend Yield: 0.88%
Price Target: $432.00

Cintas MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.63 Rating Score
Upside/Downside: 0.5% 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: 0.63
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.

2.41 out of 5 stars

Industrial Products Sector

72nd out of 184 stocks

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

4th out of 6 stocks

1.3

Analyst's Opinion

Consensus Rating
Cintas has received a consensus rating of Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $432.00, Cintas has a forecasted upside of 0.5% from its current price of $429.64.
Amount of Analyst Coverage
Cintas has only been the subject of 3 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.36% of the float of Cintas has been sold short.
Short Interest Ratio / Days to Cover
Cintas has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Cintas has recently decreased by 0.85%, indicating that investor sentiment is improving.

3.3

Dividend Strength

Dividend Yield
Cintas has a dividend yield of 0.88%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Cintas has been increasing its dividend for 40 years.
Dividend Coverage
The dividend payout ratio of Cintas is 32.62%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
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.

3.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Cintas has received a 39.17% net impact score from Upright. Cintas seems to create the most significant positive value in categories "Jobs", "Taxes", and "Physical diseases". The positive contribution in the "Physical diseases" impact category is mostly driven by its "Uniforms", "First aid kits", and "Industrial cleaning services" products. See details.
Environmental Sustainability
The Environmental Impact score for Cintas is -2.28.

3.1

News and Social Media Coverage

News Sentiment
Cintas has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.40 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Cintas this week, compared to 7 articles on an average week.
Search Interest
10 people have searched for CTAS on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.
MarketBeat Follows
8 people have added Cintas to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cintas insiders have not sold or bought any company stock.
Percentage Held by Insiders
14.90% of the stock of Cintas is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
65.09% of the stock of Cintas is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Cintas are expected to grow by 10.96% in the coming year, from $12.23 to $13.57 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cintas is 36.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.03.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cintas is 36.88, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 30.19.
Price to Earnings Growth Ratio
Cintas has a PEG Ratio of 3.23. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Cintas has a P/B Ratio of 13.29. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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 Price Performance

Cintas stock opened at $429.64 on Friday. The company has a market cap of $43.47 billion, a P/E ratio of 36.88, a price-to-earnings-growth ratio of 3.23 and a beta of 1.45. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.51 and a current ratio of 1.84. Cintas has a one year low of $343.86 and a one year high of $461.44. The business has a fifty day moving average of $388.42 and a two-hundred day moving average of $390.30.

Cintas (NASDAQ:CTAS - Get Rating) last released its quarterly earnings results on Thursday, July 14th. The business services provider reported $2.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.68 by $0.13. The business had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $2 billion. Cintas had a return on equity of 35.81% and a net margin of 15.73%. The business's revenue was up 13.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.47 EPS. As a group, analysts predict that Cintas will post 12.23 earnings per share for the current fiscal year.

Cintas Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 15th. Stockholders of record on Monday, August 15th will be paid a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a dividend yield of 1.07%. The ex-dividend date of this dividend is Friday, August 12th. This is an increase from Cintas's previous quarterly dividend of $0.95. Cintas's payout ratio is 32.62%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CTAS. Robert W. Baird lowered their price objective on shares of Cintas from $458.00 to $440.00 in a research report on Friday, July 15th. Wells Fargo & Company began coverage on shares of Cintas in a research report on Tuesday, July 12th. They issued an "equal weight" rating and a $393.00 price objective on the stock. Royal Bank of Canada lowered their price objective on shares of Cintas from $475.00 to $450.00 in a research report on Friday, July 15th. StockNews.com upgraded shares of Cintas from a "hold" rating to a "buy" rating in a research report on Saturday, July 23rd. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Cintas from $517.00 to $465.00 and set a "buy" rating on the stock in a research report on Tuesday, July 5th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $432.00.

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CTAS Stock News Headlines

August 9, 2022 | au.finance.yahoo.com

Should You Buy Cintas Corporation (NASDAQ:CTAS) For Its Upcoming Dividend? - Yahoo Finance Australia

August 9, 2022 | fool.com

Why I Own Cintas Stock - The Motley Fool

August 8, 2022 | finance.yahoo.com

Should You Buy Cintas Corporation (NASDAQ:CTAS) For Its Upcoming Dividend?

August 8, 2022 | finance.yahoo.com

Why I Own Cintas Stock

August 2, 2022 | finance.yahoo.com

Cintas Reveals the 2022 America’s Best Restroom® Contest Finalists - Yahoo Finance

August 1, 2022 | benzinga.com

Analyzing Cintas's Short Interest - Benzinga

August 1, 2022 | businesswire.com

Cintas Reveals the 2022 America's Best Restroom® Contest Finalists - Business Wire

July 31, 2022 | nasdaq.com

Do Cintas' (NASDAQ:CTAS) Earnings Warrant Your Attention? - Nasdaq

July 30, 2022 | finance.yahoo.com

Cintas (NASDAQ:CTAS) Will Pay A Larger Dividend Than Last Year At $1.15 - Yahoo Finance

July 30, 2022 | finance.yahoo.com

Cintas (NASDAQ:CTAS) Will Pay A Larger Dividend Than Last Year At $1.15

July 29, 2022 | nasdaq.com

The Zacks Analyst Blog Highlights Wells Fargo, Matador Resources, Cintas, Truist Financial and MSCI - Nasdaq

July 28, 2022 | finance.yahoo.com

5 Stocks That Just Increased Their Dividends

July 27, 2022 | nasdaq.com

Daily Dividend Report: KHC,WMB,MRK,BDX,CTAS - Nasdaq

July 27, 2022 | seekingalpha.com

Cintas raises dividend by 21% to $1.15/share - Seeking Alpha

July 26, 2022 | finance.yahoo.com

Cintas Corporation Announces 21.1% Increase in Quarterly Cash Dividend and New $1.0 Billion Stock Buyback Authorization - Yahoo Finance

July 26, 2022 | finance.yahoo.com

Cintas Corporation Announces 21.1% Increase in Quarterly Cash Dividend and New $1.0 Billion Stock Buyback Authorization

July 26, 2022 | uk.finance.yahoo.com

Cintas Earns Handshake's Early Talent Award - Yahoo Finance UK

July 25, 2022 | finance.yahoo.com

Cintas Earns Handshake's Early Talent Award - Yahoo Finance

July 25, 2022 | seekingalpha.com

Cintas Corporation: High Quality At A High Price (NASDAQ:CTAS) - Seeking Alpha

July 25, 2022 | americanbankingnews.com

Cintas (NASDAQ:CTAS) Rating Increased to Buy at StockNews.com

July 21, 2022 | seekingalpha.com

Cintas: No, Not Yet, It's Still A 'Hold' (NASDAQ:CTAS) - Seeking Alpha

July 21, 2022 | businesswire.com

Cintas Again Recognized Among “Best Places to Work for Disability Inclusion” - Business Wire

July 21, 2022 | finance.yahoo.com

Cintas Again Recognized Among "Best Places to Work for Disability Inclusion"

July 20, 2022 | americanbankingnews.com

Cintas Co. (NASDAQ:CTAS) Receives Average Recommendation of "Moderate Buy" from Brokerages

July 20, 2022 | americanbankingnews.com

Brokers Set Expectations for Cintas Co.'s Q1 2023 Earnings (NASDAQ:CTAS)

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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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: 8/12/2022
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

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Mens' & boy's furnishings, work clothing, & allied garments
Sub-Industry: Diversified Support Services
Sector: Industrial Products
Current Symbol: NASDAQ:CTAS
CUSIP: 17290810
CIK: 723254
Web: www.cintas.com
Phone: (513) 459-1200
Fax: 513-573-4030
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: +0.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.63
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $11.65
Trailing P/E Ratio: 36.88
Forward P/E Ratio: 35.36
P/E Growth: 3.31
Net Income: $1.24 billion
Net Margins: 15.73%
Pretax Margin: 19.08%
Return on Equity: 35.81%
Return on Assets: 14.99%

Debt

Debt-to-Equity Ratio: 0.75
Current Ratio: 1.84
Quick Ratio: 1.51

Sales & Book Value

Annual Sales: $7.85 billion
Price / Sales: 5.54
Cash Flow: $15.52 per share
Price / Cash Flow: 27.68
Book Value: $32.33 per share
Price / Book: 13.29

Miscellaneous

Outstanding Shares: 101,190,000
Free Float: 86,111,000
Market Cap: $43.48 billion
Optionable: Optionable
Beta: 1.45

Social Links

Key Executives

Mr. Scott D. Farmer (Age 63)
Exec. Chairman
Comp: $3.98M
Mr. Todd M. Schneider (Age 54)
CEO, Pres & Director
Comp: $1.89M
Mr. J. Michael Hansen (Age 54)
CFO & Exec. VP
Comp: $1.38M
Mr. Michael L. Thompson (Age 56)
Exec. VP & Chief Admin. Officer
Comp: $1.3M
Mr. Matt Hough
VP & Chief Information Officer
Mr. Paul F. Adler (Age 51)
VP of Investor Relations & Treasurer
Mr. David Brock Denton (Age 47)
Sr. VP, Gen. Counsel & Sec.
Ms. Christy M. Nageleisen
VP of Environment, Social & Governance and Chief Compliance Officer
Ms. Michelle Goret
VP of Corp. Affairs
Mr. Robert W. Mitchell Jr.
Chief Marketing Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CTAS shares.
View CTAS analyst ratings or view top-rated stocks.
What is Cintas' stock price forecast for 2022?: 8 analysts have issued 1-year target prices for Cintas' stock. Their CTAS share price forecasts range from $362.00 to $493.00. On average, they predict the company's stock price to reach $432.00 in the next twelve months. This suggests a possible upside of 0.5% from the stock's current price.
View analysts price targets for CTAS or view top-rated stocks among Wall Street analysts.
How have CTAS shares performed in 2022?: Cintas' stock was trading at $443.17 on January 1st, 2022. Since then, CTAS stock has decreased by 3.1% and is now trading at $429.64.
View the best growth stocks for 2022 here.
When is Cintas' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 5th 2022.
View our CTAS earnings forecast.
How were Cintas' earnings last quarter?: Cintas Co. (NASDAQ:CTAS) posted its earnings results on Thursday, July, 14th. The business services provider reported $2.81 EPS for the quarter, topping the consensus estimate 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%. Cintas's revenue for the quarter was up 13.0% on a year-over-year basis. During the same period in the prior year, the company posted $2.47 EPS.
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, July 26th. Stockholders 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 yield of 1.07%. The ex-dividend date is Friday, August 12th. This is a boost from the stock's previous quarterly dividend of $0.95.
Read our dividend analysis for CTAS.
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 0.88%. The company 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 is 32.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CTAS will have a dividend payout ratio of 28.00% 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 2023 earnings guidance on Thursday, July, 28th. The company provided earnings per share (EPS) guidance of $11.90-$12.30 for the period, compared to the consensus earnings per share 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 a variety of institutional and retail investors. Top institutional investors include Brown Advisory Inc. (1.48%), Franklin Resources Inc. (1.37%), ProShare Advisors LLC (0.52%), Pictet Asset Management SA (0.52%), King Luther Capital Management Corp (0.50%) and Swiss National Bank (0.40%). Insiders that own company 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.
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 $429.64.
How much money does Cintas make?: Cintas (NASDAQ:CTAS) has a market capitalization of $43.47 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?: The company 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 the company 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 8/12/2022 by MarketBeat.com Staff

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Cintas - CTAS Stock Forecast, Price & News

Cintas MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Cintas (NASDAQ:CTAS) Stock

Cintas Price Performance

Cintas Increases Dividend

Analyst Upgrades and Downgrades

CTAS Stock News Headlines

CTAS Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

CTAS Stock - Frequently Asked Questions

Should I buy or sell Cintas stock right now?

What is Cintas' stock price forecast for 2022?

How have CTAS shares performed in 2022?

When is Cintas' next earnings date?

How were Cintas' earnings last quarter?

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

Is Cintas a good dividend stock?

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

What other stocks do shareholders of Cintas own?

What is Cintas' stock symbol?

Who are Cintas' major shareholders?

How do I buy shares of Cintas?

What is Cintas' stock price today?

How much money does Cintas make?

How many employees does Cintas have?

Does Cintas have any subsidiaries?

When was Cintas founded?

How can I contact Cintas?

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