FY2027 Earnings Estimate for Cintas Issued By Zacks Research

Cintas Co. (NASDAQ:CTAS) – Equities researchers at Zacks Research increased their FY2027 EPS estimates for Cintas in a report issued on Thursday, December 12th. Zacks Research analyst R. Department now forecasts that the business services provider will earn $5.00 per share for the year, up from their prior estimate of $4.99. The consensus estimate for Cintas’ current full-year earnings is $4.23 per share.

Cintas (NASDAQ:CTAS) last released its quarterly earnings results on Wednesday, September 25th. The business services provider reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.10. Cintas had a net margin of 16.80% and a return on equity of 39.56%. The business had revenue of $2.50 billion for the quarter, compared to analyst estimates of $2.49 billion. During the same quarter in the previous year, the business earned $3.70 earnings per share. The firm’s revenue was up 6.8% compared to the same quarter last year.

CTAS has been the topic of a number of other research reports. Morgan Stanley upped their target price on Cintas from $185.00 to $202.00 and gave the company an “equal weight” rating in a report on Thursday. Royal Bank of Canada lifted their target price on shares of Cintas from $181.00 to $215.00 and gave the company a “sector perform” rating in a research note on Thursday, September 26th. Wells Fargo & Company boosted their price target on shares of Cintas from $184.00 to $191.00 and gave the company an “underweight” rating in a report on Thursday, September 26th. Barclays increased their price objective on Cintas from $210.00 to $245.00 and gave the stock an “overweight” rating in a report on Friday, September 27th. Finally, Robert W. Baird boosted their target price on Cintas from $194.00 to $209.00 and gave the company a “neutral” rating in a research note on Thursday, September 26th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Cintas currently has a consensus rating of “Hold” and a consensus price target of $200.77.

Cintas Stock Performance

Shares of Cintas stock opened at $211.22 on Friday. Cintas has a 12 month low of $138.39 and a 12 month high of $228.12. The company has a quick ratio of 1.33, a current ratio of 1.53 and a debt-to-equity ratio of 0.50. The stock has a market cap of $85.19 billion, a PE ratio of 53.43, a price-to-earnings-growth ratio of 4.15 and a beta of 1.33. The business has a fifty day simple moving average of $215.00 and a 200-day simple moving average of $201.62.

Cintas Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 15th were given a $0.39 dividend. The ex-dividend date was Friday, November 15th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.74%. Cintas’s dividend payout ratio is currently 39.39%.

Institutional Investors Weigh In On Cintas

Several institutional investors and hedge funds have recently bought and sold shares of the business. Lord Abbett & CO. LLC bought a new stake in Cintas during the third quarter worth about $23,779,000. B. Riley Wealth Advisors Inc. boosted its holdings in shares of Cintas by 256.9% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 1,952 shares of the business services provider’s stock worth $401,000 after acquiring an additional 1,405 shares in the last quarter. Brass Tax Wealth Management Inc. grew its position in Cintas by 300.0% during the 3rd quarter. Brass Tax Wealth Management Inc. now owns 1,816 shares of the business services provider’s stock worth $374,000 after acquiring an additional 1,362 shares during the last quarter. 1ST Source Bank increased its holdings in Cintas by 300.0% during the 3rd quarter. 1ST Source Bank now owns 1,652 shares of the business services provider’s stock valued at $340,000 after purchasing an additional 1,239 shares in the last quarter. Finally, Logan Capital Management Inc. raised its position in Cintas by 294.8% in the 3rd quarter. Logan Capital Management Inc. now owns 141,381 shares of the business services provider’s stock valued at $29,107,000 after purchasing an additional 105,574 shares during the last quarter. Institutional investors own 63.46% of the company’s stock.

About Cintas

Cintas Corporation engages in the provision of corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms.