Cintas Corporation (NASDAQ:CTAS) Receives $214.86 Consensus PT from Analysts

Cintas Corporation (NASDAQ:CTAS) has been assigned an average recommendation of “Hold” from the sixteen analysts that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, seven have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $214.8571.

A number of research firms recently commented on CTAS. JPMorgan Chase & Co. reduced their price target on Cintas from $246.00 to $230.00 and set an “overweight” rating for the company in a report on Thursday, September 25th. Rothschild Redb raised Cintas from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 11th. Morgan Stanley reduced their target price on Cintas from $220.00 to $210.00 and set an “equal weight” rating for the company in a research note on Wednesday, December 17th. Rothschild & Co Redburn upgraded Cintas from a “sell” rating to a “neutral” rating and set a $184.00 price target on the stock in a research note on Tuesday, November 11th. Finally, Robert W. Baird raised their price target on Cintas from $220.00 to $225.00 and gave the company a “neutral” rating in a report on Friday, December 19th.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in shares of Cintas by 1.5% during the third quarter. Vanguard Group Inc. now owns 38,948,620 shares of the business services provider’s stock worth $7,994,594,000 after acquiring an additional 564,487 shares during the period. State Street Corp lifted its holdings in Cintas by 0.5% during the 2nd quarter. State Street Corp now owns 15,118,190 shares of the business services provider’s stock worth $3,369,391,000 after purchasing an additional 82,029 shares during the last quarter. Geode Capital Management LLC boosted its stake in Cintas by 3.5% in the 2nd quarter. Geode Capital Management LLC now owns 9,192,013 shares of the business services provider’s stock valued at $2,049,017,000 after purchasing an additional 314,860 shares during the period. Invesco Ltd. grew its holdings in Cintas by 11.2% in the 2nd quarter. Invesco Ltd. now owns 4,911,366 shares of the business services provider’s stock valued at $1,094,596,000 after buying an additional 495,486 shares in the last quarter. Finally, Norges Bank acquired a new position in Cintas in the 2nd quarter valued at $925,531,000. 63.46% of the stock is owned by institutional investors.

Cintas Price Performance

Shares of CTAS opened at $195.42 on Thursday. The company has a current ratio of 1.71, a quick ratio of 1.49 and a debt-to-equity ratio of 0.54. The company’s fifty day simple moving average is $187.40 and its 200 day simple moving average is $199.87. Cintas has a 1-year low of $180.39 and a 1-year high of $229.24. The company has a market cap of $78.15 billion, a price-to-earnings ratio of 56.97, a PEG ratio of 3.35 and a beta of 0.97.

Cintas (NASDAQ:CTAS) last announced its quarterly earnings data on Thursday, December 18th. The business services provider reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.01. The company had revenue of $2.80 billion during the quarter, compared to the consensus estimate of $2.77 billion. Cintas had a net margin of 17.58% and a return on equity of 41.07%. The company’s quarterly revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.09 EPS. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. On average, research analysts forecast that Cintas will post 4.31 earnings per share for the current fiscal year.

Cintas Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 14th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Friday, November 14th. Cintas’s dividend payout ratio (DPR) is currently 52.48%.

Cintas announced that its Board of Directors has approved a stock repurchase program on Tuesday, October 28th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the business services provider to reacquire up to 1.3% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board believes its stock is undervalued.

Cintas Company Profile

Cintas Corporation (NASDAQ: CTAS) is a provider of business services and products focused on workplace appearance, safety and facility maintenance. The company is best known for its uniform rental and corporate apparel programs, which include rental, leasing and direct-purchase options, laundering and garment repair. Cintas markets its services to a wide range of end-users, including manufacturing, food service, healthcare, hospitality, retail and government customers.

Beyond uniforms, Cintas offers a suite of facility services and products designed to help organizations maintain clean, safe and compliant workplaces.