NASDAQ:CTAS - Cintas Stock Price, Forecast & News

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

Cintas declared an annual dividend on Tuesday, October 29th. Investors 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 allows the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 3.5% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

Cintas Co. (NASDAQ:CTAS) released its earnings results on Tuesday, December, 17th. The business services provider reported $2.27 EPS for the quarter, beating analysts' consensus estimates of $2.03 by $0.24. The business services provider had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.82 billion. Cintas had a net margin of 12.99% and a return on equity of 30.04%. The company's quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.76 earnings per share. View Cintas' Earnings History.

Cintas is scheduled to release their next quarterly earnings announcement on Thursday, March 19th 2020. View Earnings Estimates for Cintas.

Cintas updated its FY20 earnings guidance on Tuesday, December, 17th. The company provided earnings per share guidance of $8.65-8.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $8.49. The company issued revenue guidance of $7.29-7.33 billion, compared to the consensus revenue estimate of $7.30 billion.

11 brokerages have issued 12 month price targets for Cintas' shares. Their forecasts range from $225.00 to $308.00. On average, they anticipate Cintas' stock price to reach $273.60 in the next year. This suggests that the stock has a possible downside of 3.7%. View Analyst Price Targets for Cintas.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cintas in the last year. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cintas.

News coverage about CTAS stock has been trending neutral this week, InfoTrie reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cintas earned a daily sentiment score of 0.2 on InfoTrie's scale. They also gave headlines about the business services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Cintas.

Cintas saw a decline in short interest in December. As of December 31st, there was short interest totalling 3,040,000 shares, a decline of 10.1% from the December 15th total of 3,380,000 shares. Based on an average daily trading volume, of 552,200 shares, the days-to-cover ratio is presently 5.5 days. Approximately 3.7% of the shares of the 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), McGrath RentCorp (MGRC), Mobile Mini (MINI), Viad (VVI) and Performant Financial (PFMT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cintas investors own include Mastercard (MA), Visa (V), NVIDIA (NVDA), Johnson & Johnson (JNJ), Adobe (ADBE), Abbott Laboratories (ABT), Walt Disney (DIS), Alibaba Group (BABA), Netflix (NFLX) and salesforce.com (CRM).

Cintas' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.07%), Commerzbank Aktiengesellschaft FI (0.06%), Nisa Investment Advisors LLC (0.04%), Welch & Forbes LLC (0.04%), Contravisory Investment Management Inc. (0.04%) and State of Alaska Department of Revenue (0.03%). Company insiders that own Cintas stock include James Phillip Holloman, 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 Assenagon Asset Management S.A., Artemis Investment Management LLP, Nisa Investment Advisors LLC, Tuttle Tactical Management, Tocqueville Asset Management L.P., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Private Trust Co. NA and Huntington National Bank. Company insiders that have sold Cintas company stock in the last year include Joseph Scaminace, Michael Lawrence Thompson, Ronald W Tysoe and Thomas E Frooman. View Insider Buying and Selling for Cintas.

CTAS stock was purchased by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Sciencast Management LP, Paragon Advisors LLC, Bath Savings Trust Co, Steward Partners Investment Advisory LLC, Lineweaver Wealth Advisors LLC, F3Logic LLC and Diversified Trust Co. View Insider Buying and Selling 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 $284.23.

Cintas has a market capitalization of $29.49 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.View Additional Information About Cintas.

The official website for Cintas is http://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]