Robert W. Baird Forecasts Strong Price Appreciation for Cintas (NASDAQ:CTAS) Stock

Cintas (NASDAQ:CTAS) had its price target hoisted by Robert W. Baird from $200.00 to $214.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has an “outperform” rating on the business services provider’s stock. Robert W. Baird’s price objective suggests a potential upside of 11.24% from the stock’s current price.

Several other analysts have also commented on the stock. Bank of America upgraded shares of Cintas from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $200.00 to $230.00 in a report on Thursday. Weiss Ratings upgraded Cintas from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 10th. Wells Fargo & Company reissued an “overweight” rating on shares of Cintas in a research report on Thursday. The Goldman Sachs Group restated a “buy” rating and issued a $231.00 target price on shares of Cintas in a research note on Wednesday. Finally, Citigroup reduced their price target on Cintas from $181.00 to $160.00 and set a “sell” rating on the stock in a research note on Tuesday, March 31st. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Cintas has an average rating of “Moderate Buy” and an average target price of $212.31.

Cintas Stock Performance

NASDAQ:CTAS opened at $192.37 on Thursday. The company has a quick ratio of 1.74, a current ratio of 1.98 and a debt-to-equity ratio of 0.51. The firm’s fifty day simple moving average is $174.13 and its 200 day simple moving average is $182.60. The stock has a market cap of $76.96 billion, a P/E ratio of 54.34, a price-to-earnings-growth ratio of 2.93 and a beta of 0.94. Cintas has a twelve month low of $161.16 and a twelve month high of $226.75.

Cintas (NASDAQ:CTAS) last issued its quarterly earnings data on Wednesday, July 15th. The business services provider reported $1.29 EPS for the quarter, topping the consensus estimate of $1.24 by $0.05. The business had revenue of $2.91 billion during the quarter, compared to analyst estimates of $2.87 billion. Cintas had a net margin of 17.57% and a return on equity of 41.47%. The company’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.09 EPS. Cintas has set its FY 2027 guidance at 5.360-5.500 EPS. As a group, research analysts predict that Cintas will post 4.89 EPS for the current year.

Insider Activity at Cintas

In other news, Director Ronald W. Tysoe sold 4,666 shares of Cintas stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $178.87, for a total value of $834,607.42. Following the completion of the transaction, the director owned 22,448 shares of the company’s stock, valued at $4,015,273.76. The trade was a 17.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 14.90% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Norges Bank bought a new position in shares of Cintas during the fourth quarter valued at $923,672,000. Two Sigma Investments LP increased its holdings in Cintas by 5,641.3% in the 3rd quarter. Two Sigma Investments LP now owns 1,016,671 shares of the business services provider’s stock worth $208,682,000 after buying an additional 998,963 shares in the last quarter. SG Americas Securities LLC raised its position in Cintas by 2,653.0% in the 4th quarter. SG Americas Securities LLC now owns 1,003,031 shares of the business services provider’s stock worth $188,640,000 after buying an additional 966,597 shares during the last quarter. Voloridge Investment Management LLC raised its position in Cintas by 275.2% in the 3rd quarter. Voloridge Investment Management LLC now owns 1,123,237 shares of the business services provider’s stock worth $230,556,000 after buying an additional 823,885 shares during the last quarter. Finally, Freestone Grove Partners LP lifted its stake in Cintas by 5,341.8% during the 3rd quarter. Freestone Grove Partners LP now owns 747,109 shares of the business services provider’s stock valued at $153,352,000 after acquiring an additional 733,380 shares during the period. Institutional investors own 63.46% of the company’s stock.

Key Cintas News

Here are the key news stories impacting Cintas this week:

• Positive Sentiment: Cintas beat expectations on both earnings and revenue, reporting adjusted EPS of $1.29 versus $1.24 expected and revenue of $2.91 billion versus $2.87 billion estimated, with organic revenue growth of 8.4% and revenue up 8.9% year over year. Article Title
• Positive Sentiment: Management issued confident fiscal 2027 guidance, calling for revenue of $12.10 billion to $12.25 billion and adjusted EPS of $5.36 to $5.50, which investors viewed as a sign that demand remains healthy. Article Title
• Positive Sentiment: The company highlighted record gross margin of 51.0% and improved operating margin, suggesting strong profitability and execution even with costs tied to the pending UniFirst acquisition. Article Title
• Positive Sentiment: A William Blair analyst reiterated a Buy rating after the results, citing the strong beat, solid fiscal 2027 outlook, and high retention as signs of sustained growth. Article Title
• Neutral Sentiment: Several articles recapped the earnings call and results, with investors focusing on the company’s long runway for growth and commentary that the UniFirst deal is still expected to close in the second half of calendar 2026. Article Title

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.