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 shares have increased by 23.8% and is now trading at $310.01.
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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) released its quarterly earnings data on Thursday, July, 23rd. The business services provider reported $1.35 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.22 by $0.13. The business services provider earned $1.62 billion during the quarter, compared to the consensus estimate of $1.56 billion. Cintas had a net margin of 12.36% and a return on equity of 27.57%. The company's quarterly revenue was down 9.7% compared to the same quarter last year. During the same quarter last year, the company earned $2.07 earnings per share.
View Cintas' earnings history.

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

Cintas declared that its Board of Directors has authorized a stock buyback program on Tuesday, October 29th 2019, which authorizes the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 3.5% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

Cintas issued an update on its first quarter 2021 Pre-Market earnings guidance on Thursday, July, 23rd. The company provided earnings per share (EPS) 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 brokers have issued 1-year price objectives for Cintas' shares. Their forecasts range from $175.00 to $347.00. On average, they expect Cintas' stock price to reach $266.33 in the next year. This suggests that the stock has a possible downside of 14.1%.
View analysts' price targets for Cintas.

Press coverage about CTAS stock has been trending very negative this week, InfoTrie reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news 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 media sentiment score of -3.4 on InfoTrie's scale. They also assigned media stories 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 impact on the company's share price in the next several days.
View the latest news about Cintas.

Cintas saw a decrease in short interest during the month of 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 volume of 691,100 shares, the short-interest ratio is currently 2.9 days. Approximately 2.2% of the shares of the stock are short sold.
View Cintas' Short Interest.

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 many different 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., PNC Financial Services Group Inc., Frontier Capital Management Co. LLC, Jennison Associates LLC, First Trust Advisors LP, Robecosam AG, and Victory Capital Management Inc..
View insider buying and selling activity for Cintas.

CTAS stock was purchased by a variety of institutional investors in the last quarter, including Rathbone Brothers plc, Sumitomo Mitsui Trust Holdings Inc., Polaris Greystone Financial Group LLC, CIBC Asset Management Inc, Mn Services Vermogensbeheer B.V., Apriem Advisors, Alta Capital Management LLC, and ProShare Advisors LLC.
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 $310.01.

Cintas has a market capitalization of $32.09 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]