NASDAQ:CTASCintas Stock Price, Forecast & News

Cintas' stock was trading at $250.41 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CTAS stock has increased by 21.0% and is now trading at $302.91.
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11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cintas in the last year. There are currently 1 sell rating, 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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Cintas is scheduled to release its next quarterly earnings announcement on Tuesday, September 22nd 2020.
View our earnings forecast for Cintas.

Cintas Co. (NASDAQ:CTAS) posted its quarterly earnings data on Thursday, July, 23rd. The business services provider reported $1.35 earnings per share for the quarter, topping analysts' consensus estimates of $1.22 by $0.13. The business services provider earned $1.62 billion during the quarter, compared to analysts' expectations of $1.56 billion. Cintas had a net margin of 12.36% and a return on equity of 27.57%. The business's revenue was down 9.7% compared to the same quarter last year. During the same period in the previous year, the company earned $2.07 EPS.
View Cintas' earnings history.

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

Cintas declared that its Board of Directors has authorized a share repurchase program 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 shares through open market purchases. Shares buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.

Cintas issued an update on its first quarter 2021 Pre-Market earnings guidance on Thursday, July, 23rd. The company provided earnings per share guidance of 2.00-2.20 for the period, compared to the Thomson Reuters consensus estimate of $1.53. The company issued revenue guidance of $1.675-1.7 billion, compared to the consensus revenue estimate of $1.61 billion.

11 analysts have issued twelve-month price targets for Cintas' stock. Their forecasts range from $175.00 to $347.00. On average, they anticipate Cintas' stock price to reach $266.33 in the next year. This suggests that the stock has a possible downside of 12.1%.
View analysts' price targets for Cintas.

News stories about CTAS stock have trended negative this week, according to InfoTrie. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Cintas earned a news sentiment score of -2.0 on InfoTrie's scale. They also gave news articles about the business services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future.
View the latest news about Cintas.

Cintas saw a decrease in short interest in July. As of July 31st, there was short interest totaling 1,970,000 shares, a decrease of 7.9% from the July 15th total of 2,140,000 shares. Based on an average daily trading volume, of 691,100 shares, the short-interest ratio is presently 2.9 days. Approximately 2.2% of the company's shares are short sold.
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Some companies that are related to Cintas include Copart (CPRT), Iron Mountain (IRM), UniFirst (UNF), KAR Auction Services (KAR), Healthcare Services Group (HCSG), McGrath RentCorp (MGRC), Mobile Mini (MINI), Viad (VVI) and Performant Financial (PFMT).
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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 investors include Congress Asset Management Co. MA (0.71%), Sumitomo Mitsui Trust Holdings Inc. (0.59%), Bessemer Group Inc. (0.48%), ProShare Advisors LLC (0.45%), Chilton Investment Co. LLC (0.38%) and Swiss National Bank (0.35%). 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 Robeco Institutional Asset Management B.V., BNP PARIBAS ASSET MANAGEMENT Holding S.A., Frontier Capital Management Co. LLC, First Trust Advisors LP, Robecosam AG, Railway Pension Investments Ltd, Russell Investments Group Ltd., and Ardevora Asset Management LLP.
View insider buying and selling activity for Cintas.

CTAS stock was acquired by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Trust Holdings Inc., Polaris Greystone Financial Group LLC, CIBC Asset Management Inc, Mn Services Vermogensbeheer B.V., ProShare Advisors LLC, Randolph Co Inc, Grimes & Company Inc., and Envestnet Asset Management 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 $302.91.

Cintas has a market capitalization of $31.35 billion and generates $7.09 billion in revenue each year. The business services provider earns $876.04 million in net income (profit) each year or $8.11 on an earnings per share basis. Cintas employs 40,000 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]