Cintas (NASDAQ:CTAS) Earns Sector Perform Rating from Royal Bank Of Canada

Cintas (NASDAQ:CTAS)‘s stock had its “sector perform” rating reiterated by equities researchers at Royal Bank Of Canada in a report issued on Thursday, Benzinga reports. They presently have a $206.00 price objective on the business services provider’s stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 4.14% from the stock’s previous close.

Several other equities research analysts have also issued reports on the stock. Weiss Ratings upgraded shares of Cintas from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, September 11th. The Goldman Sachs Group reiterated a “buy” rating and issued a $231.00 price target on shares of Cintas in a research note on Wednesday, July 15th. Bank of America upgraded shares of Cintas from a “neutral” rating to a “buy” rating and lifted their price target for the company from $200.00 to $230.00 in a research note on Thursday, July 16th. UBS Group reiterated a “buy” rating and issued a $230.00 price target (up from $228.00) on shares of Cintas in a research note on Thursday, July 16th. Finally, Truist Financial lowered their price target on shares of Cintas from $255.00 to $225.00 and set a “buy” rating on the stock in a research note on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $215.23.

Cintas Stock Up 3.0%

CTAS traded up $5.85 during trading on Thursday, hitting $197.82. The company had a trading volume of 2,079,445 shares, compared to its average volume of 2,145,331. The company has a market capitalization of $79.27 billion, a PE ratio of 53.10, a PEG ratio of 3.21 and a beta of 0.91. Cintas has a one year low of $161.16 and a one year high of $219.16. The firm’s 50-day moving average price is $202.45 and its 200 day moving average price is $185.54. The company has a quick ratio of 1.27, a current ratio of 1.43 and a debt-to-equity ratio of 0.28.

Cintas (NASDAQ:CTAS) last posted its quarterly earnings data on Wednesday, September 23rd. The business services provider reported $1.39 EPS for the quarter, beating the consensus estimate of $1.35 by $0.04. The business had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $2.98 billion. Cintas had a net margin of 17.75% and a return on equity of 42.05%. The firm’s revenue was up 10.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.20 EPS. Cintas has set its FY 2027 guidance at 5.450-5.540 EPS. As a group, equities analysts expect that Cintas will post 5.49 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CTAS. BlackRock Inc. acquired a new position in shares of Cintas during the 2nd quarter worth about $4,520,425,000. Norges Bank acquired a new position in shares of Cintas during the 4th quarter worth about $923,672,000. Bank of New York Mellon Corp acquired a new position in shares of Cintas during the 2nd quarter worth about $644,334,000. Legal & General Group Plc acquired a new position in shares of Cintas during the 2nd quarter worth about $386,159,000. Finally, Bank of America Corp DE acquired a new position in shares of Cintas during the 2nd quarter worth about $233,111,000. 63.46% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Cintas

Here are the key news stories impacting Cintas this week:

• Positive Sentiment: Quarterly results exceeded expectations. Revenue rose 10.9% year over year to $3.01 billion, topping the $2.98 billion consensus estimate, while adjusted EPS of $1.39 surpassed expectations of $1.35 and increased from $1.20 a year earlier. CTAS Q1 Earnings and Revenues Beat Estimates on Margin Gains
• Positive Sentiment: Margins and organic growth improved. Organic revenue growth was 8.9%, gross margin expanded to 51.5% from 50.3%, and operating margin reached 23.6%. Management said volume growth, rather than relying primarily on price increases, is supporting momentum. Cintas Says Volume, Not Price Hikes, Is Powering Its Growth
• Positive Sentiment: Fiscal 2027 guidance was raised. Cintas now expects revenue of $12.15 billion to $12.27 billion and adjusted EPS of $5.45 to $5.54. The company also repurchased approximately $544.7 million of stock and increased its dividend by 15.6%, adding to shareholder returns. Cintas Tops Revenue Estimate and Raises Fiscal 2027 Outlook
• Neutral Sentiment: Analysts were broadly constructive: Truist raised its price target to $230 and kept a Buy rating, while RBC maintained Sector Perform with a $206 target. Analysts are still awaiting additional clarity on the proposed UniFirst transaction next quarter.
• Negative Sentiment: Some commentary cautioned that much of Cintas’ growth may already be reflected in its premium valuation, with a price-to-earnings ratio above 50. Recent insider activity also included sales and no reported purchases, though these transactions are not necessarily company-specific signals.

About Cintas

Cintas Corporation is a provider of workplace products and services for businesses across North America. The company helps organizations manage employee appearance, workplace cleanliness, safety, and compliance through a range of recurring service programs.

Its offerings include uniform rental and workwear, branded apparel, entrance mats, restroom supplies, and facility cleaning services. Cintas also provides first-aid and safety products, training, and fire protection services, including inspection and maintenance programs for fire extinguishers, sprinkler systems, alarms, and related equipment.

Headquartered in Mason, Ohio, Cintas traces its roots to a family-operated industrial laundry business established by Richard T.