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 27.1% and is now trading at $318.33.
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, September 22nd 2020.
View our earnings forecast for Cintas.

Cintas Co. (NASDAQ:CTAS) issued its quarterly earnings results on Thursday, July, 23rd. The business services provider reported $1.35 EPS for the quarter, beating 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 return on equity of 27.57% and a net margin of 12.36%. The business's revenue for the quarter was down 9.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.07 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 of this dividend is Thursday, November 7th.
View Cintas' dividend history.

Cintas announced that its board has approved a share repurchase plan on Tuesday, October 29th 2019, which permits the company to buyback $1,000,000,000.00 in outstanding 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 plans are generally an indication that the company's leadership believes its shares are undervalued.

Cintas updated its first quarter 2021 Pre-Market earnings guidance on Thursday, July, 23rd. The company provided EPS guidance of 2.00-2.20 for the period, compared to the Thomson Reuters consensus EPS 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 equities research analysts have issued twelve-month price objectives for Cintas' shares. Their forecasts range from $175.00 to $347.00. On average, they anticipate Cintas' share price to reach $266.33 in the next twelve months. This suggests that the stock has a possible downside of 16.3%.
View analysts' price targets for Cintas.

Media stories about CTAS stock have been trending neutral on Tuesday, according to InfoTrie. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of 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 0.2 on InfoTrie's scale. They also gave news 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 stock's share price in the immediate future.
View the latest news about Cintas.

Cintas saw a decline in short interest in the month of February. As of February 15th, there was short interest totaling 2,540,000 shares, a decline of 13.6% from the January 31st total of 2,940,000 shares. Based on an average daily trading volume, of 515,900 shares, the days-to-cover ratio is currently 4.9 days. Approximately 2.9% of the shares of the company are sold short.
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).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cintas investors own include Visa (V), Mastercard (MA), AbbVie (ABBV), Walt Disney (DIS), Home Depot (HD), Johnson & Johnson (JNJ), Alibaba Group (BABA), Netflix (NFLX), NVIDIA (NVDA) and Walmart (WMT).

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 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 bought 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 $318.33.

Cintas has a market capitalization of $32.95 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]