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. Since then, CTAS shares have increased by 8.1% and is now trading at $270.65. 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, 6 hold ratings and 4 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) issued its earnings results on Thursday, March, 19th. The business services provider reported $2.16 EPS for the quarter, topping the consensus estimate of $2.02 by $0.14. The business services provider had revenue of $1.81 billion for the quarter, compared to analysts' expectations of $1.80 billion. Cintas had a net margin of 13.19% and a return on equity of 30.73%. Cintas's quarterly revenue was up 7.6% compared to the same quarter last year. During the same period last year, the business earned $1.84 EPS. View Cintas' earnings history.

Cintas announced an annual dividend on Tuesday, October 29th. Stockholders 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 announced that its Board of Directors has authorized a share buyback plan on Tuesday, October 29th 2019, which allows the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 3.5% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.

11 brokerages have issued twelve-month price objectives for Cintas' shares. Their forecasts range from $160.00 to $318.00. On average, they expect Cintas' share price to reach $243.80 in the next twelve months. This suggests that the stock has a possible downside of 9.9%. View analysts' price targets for Cintas.

Media headlines about CTAS stock have been trending neutral this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cintas earned a news impact score of 0.5 on InfoTrie's scale. They also gave news coverage about the business services provider a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an impact on the stock's share price in the immediate future. View the latest news about Cintas.

Cintas saw a drop in short interest during the month of June. As of June 15th, there was short interest totaling 1,780,000 shares, a drop of 16.4% from the May 31st total of 2,130,000 shares. Based on an average trading volume of 1,040,000 shares, the short-interest ratio is currently 1.7 days. Currently, 2.0% of the shares of the company are short sold. View Cintas' Current Options Chain.

Some companies that are related to Cintas include Copart (CPRT), Iron Mountain (IRM), UniFirst (UNF), Healthcare Services Group (HCSG), KAR Auction Services (KAR), 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 many different retail and institutional investors. Top institutional shareholders include First Financial Bank Trust Division (0.01%). 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 acquired by a variety of institutional investors in the last quarter, including First Financial Bank Trust Division. 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 $270.65.

Cintas has a market capitalization of $28.16 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]