Cintas Corporation (NASDAQ:CTAS) Stock Has Consensus Target Price of $212.31 According to Analysts
by Danessa Lincoln · The Markets DailyCintas Corporation (NASDAQ:CTAS – Get Free Report) has received an average rating of “Moderate Buy” from the fourteen ratings firms that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $214.00.
Several research firms have recently weighed in on CTAS. Argus upgraded shares of Cintas to a “strong-buy” rating in a research note on Friday, July 17th. Royal Bank Of Canada reissued a “sector perform” rating and set a $206.00 price objective on shares of Cintas in a report on Thursday. Weiss Ratings upgraded shares of Cintas from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, September 11th. Sanford C. Bernstein restated a “market perform” rating on shares of Cintas in a research report on Thursday, September 10th. Finally, Bank of America upgraded Cintas from a “neutral” rating to a “buy” rating and upped their target price for the stock from $200.00 to $230.00 in a research note on Thursday, July 16th.
View Our Latest Report on Cintas
Cintas Stock Performance
NASDAQ CTAS opened at $199.91 on Tuesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.27 and a current ratio of 1.45. The company has a market capitalization of $80.10 billion, a PE ratio of 39.43, a price-to-earnings-growth ratio of 3.18 and a beta of 0.91. The company has a 50-day simple moving average of $202.19 and a 200 day simple moving average of $185.60. Cintas has a 52-week low of $161.16 and a 52-week high of $219.16.
Cintas (NASDAQ:CTAS – Get Free Report) last announced its quarterly earnings data on Wednesday, September 23rd. The business services provider reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.04. Cintas had a return on equity of 42.57% and a net margin of 17.82%.The business had revenue of $3.01 billion during the quarter, compared to analyst estimates of $2.98 billion. During the same period in the prior year, the company earned $1.20 earnings per share. Cintas’s revenue was up 10.9% compared to the same quarter last year. Cintas has set its FY 2027 guidance at 5.450-5.540 EPS. On average, research analysts predict that Cintas will post 5.51 EPS for the current year.
Cintas Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Friday, August 14th were given a dividend of $0.52 per share. This is an increase from Cintas’s previous quarterly dividend of $0.45. The ex-dividend date was Friday, August 14th. This represents a $2.08 annualized dividend and a dividend yield of 1.0%. Cintas’s dividend payout ratio is 55.61%.
Hedge Funds Weigh In On Cintas
A number of large investors have recently modified their holdings of CTAS. QRG Capital Management Inc. raised its stake in shares of Cintas by 317.3% during the second quarter. QRG Capital Management Inc. now owns 240,253 shares of the business services provider’s stock worth $40,862,000 after acquiring an additional 182,678 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its position in Cintas by 121.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 26,415 shares of the business services provider’s stock worth $4,493,000 after purchasing an additional 14,475 shares during the period. Andra AP fonden increased its holdings in shares of Cintas by 78.6% in the second quarter. Andra AP fonden now owns 140,400 shares of the business services provider’s stock worth $23,879,000 after buying an additional 61,800 shares during the period. Bullseye Investment Management LLC bought a new stake in Cintas in the second quarter valued at approximately $253,000. Finally, Tidal Investments LLC raised its holdings in Cintas by 16.3% during the 2nd quarter. Tidal Investments LLC now owns 62,579 shares of the business services provider’s stock valued at $10,643,000 after buying an additional 8,778 shares during the last quarter. 63.46% of the stock is owned by hedge funds and other institutional investors.
More Cintas News
Here are the key news stories impacting Cintas this week:
- Positive Sentiment: Cintas reported first-quarter revenue of $3.01 billion, up 10.9% year over year, while adjusted EPS of $1.39 exceeded the $1.35 consensus estimate. Organic revenue growth, margin expansion and strong execution reinforced investor confidence. CTAS Q1 Earnings & Revenues Beat Estimates on Margin Gains
- Positive Sentiment: Management raised fiscal 2027 guidance to revenue of $12.15 billion-$12.27 billion and adjusted EPS of $5.45-$5.54. The company also repurchased approximately $544.7 million of shares, supporting per-share growth and shareholder returns. Cintas gains after strong quarterly results and higher fiscal 2027 outlook
- Positive Sentiment: Analysts raised their valuation estimates after the report. Truist increased its price target to $230 from $225 and maintained a Buy rating, while Baird lifted its target to $222 from $214 and kept an Outperform rating. Some analysis suggests the shares remain roughly 6% undervalued. Truist lifts price target on Cintas
- Neutral Sentiment: The proposed UniFirst merger is viewed as a potentially important future catalyst, but analysts are awaiting additional details and clarity in the next quarter. RBC maintained a Sector Perform rating with a $206 target, illustrating a more cautious view. Bernstein on Cintas results and UniFirst clarity
- Negative Sentiment: At roughly 39 times earnings, Cintas is priced for continued strong growth. Some analysts argue that much of the near-term improvement is already reflected in the stock, limiting upside unless investors take a longer-term view. Recent insider activity has also consisted of sales rather than purchases. Is Cintas a Buy After Its Latest Earnings Report?
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.
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