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Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
2 Deep Value, High Yield Stocks With a Double-Digit Upside
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How major US stock indexes fared Monday, 3/18/2024
Are We in a Bear Market? Here are the Signs
2 Dollar Stores Taking Different Paths to Profitability
S&P 500 Valuations Hit New Highs: Anticipating a Market Pullback?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Are We in a Bear Market? Here are the Signs
2 Dollar Stores Taking Different Paths to Profitability
S&P 500 Valuations Hit New Highs: Anticipating a Market Pullback?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Are We in a Bear Market? Here are the Signs
2 Dollar Stores Taking Different Paths to Profitability
S&P 500 Valuations Hit New Highs: Anticipating a Market Pullback?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Are We in a Bear Market? Here are the Signs
2 Dollar Stores Taking Different Paths to Profitability
S&P 500 Valuations Hit New Highs: Anticipating a Market Pullback?
NASDAQ:CTAS

Cintas (CTAS) Stock Price, News & Analysis

$624.96
-2.42 (-0.39%)
(As of 03/18/2024 ET)
Today's Range
$624.45
$633.29
50-Day Range
$584.51
$633.94
52-Week Range
$428.68
$636.37
Volume
355,914 shs
Average Volume
313,357 shs
Market Capitalization
$63.35 billion
P/E Ratio
45.35
Dividend Yield
0.86%
Price Target
$571.29

Cintas MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
8.6% Downside
$571.29 Price Target
Short Interest
Bearish
1.64% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.00
Upright™ Environmental Score
News Sentiment
0.78mentions of Cintas in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$5.83 M Sold Last Quarter
Proj. Earnings Growth
10.16%
From $14.57 to $16.05 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.58 out of 5 stars

Industrial Products Sector

21st out of 176 stocks

Mens' & Boy's Furnishings, Work Clothing, & Allied Garments Industry

2nd out of 6 stocks

CTAS stock logo

About Cintas Stock (NASDAQ:CTAS)

Cintas Corporation provides 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. In addition, the company offers first aid and safety services, and fire protection products and services. It provides its products and services through its distribution network and local delivery routes, or local representatives to small service and manufacturing companies, as well as major corporations. Cintas Corporation was founded in 1968 and is based in Cincinnati, Ohio. Cintas Corporation was formerly a subsidiary of Cintas Corporation.

CTAS Stock Price History

CTAS Stock News Headlines

Is Cintas (CTAS) a Worthy Investment?
CTAS Aug 2024 590.000 call
Urgent new message from Porter Stansberry
I’ve been in the financial markets for close to three decades… Yet, I’ve never seen an opportunity that’s so urgent, so critical, and yet so overlooked than what is unfolding right now. You see, in one corner of the markets a financial anomaly has emerged that promises to be the single most important story of 2024.
CTAS Jun 2024 550.000 call
CTAS Apr 2024 590.000 call
CTAS Jun 2024 470.000 call
Cintas acquires Pennsylvania-based uniform company
Central Bank Gold Heist In Progress
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
Cintas Buys Paris Uniform Services
Cintas Acquires Paris Uniform Services
CTAS Factor-Based Stock Analysis
Forecasting The Future: 7 Analyst Projections For Cintas
See More Headlines
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Company Calendar

Last Earnings
12/21/2023
Ex-Dividend for 3/15 Dividend
2/14/2024
Dividend Payable
3/15/2024
Today
3/19/2024
Next Earnings (Confirmed)
3/27/2024
Fiscal Year End
5/31/2024

Industry, Sector and Symbol

Industry
Mens' & boy's furnishings, work clothing, & allied garments
Sub-Industry
Diversified Support Services
Current Symbol
NASDAQ:CTAS
CUSIP
17290810
Employees
44,500
Year Founded
1968

Price Target and Rating

Average Stock Price Target
$571.29
High Stock Price Target
$700.00
Low Stock Price Target
$441.00
Potential Upside/Downside
-8.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
14 Analysts

Profitability

Net Income
$1.35 billion
Pretax Margin
19.74%

Debt

Sales & Book Value

Annual Sales
$8.82 billion
Cash Flow
$17.15 per share
Book Value
$37.99 per share

Miscellaneous

Free Float
86,064,000
Market Cap
$63.35 billion
Optionable
Optionable
Beta
1.27

Social Links

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Key Executives

  • Mr. Scott D. Farmer (Age 65)
    Executive Chairman
    Comp: $1.76M
  • Mr. Todd M. Schneider (Age 56)
    CEO, President & Director
    Comp: $3.13M
  • Mr. J. Michael HansenMr. J. Michael Hansen (Age 56)
    CFO & Executive VP
    Comp: $1.66M
  • Mr. David Brock Denton (Age 49)
    Senior VP, Secretary & General Counsel
    Comp: $1.05M
  • Mr. James N. Rozakis (Age 46)
    Executive VP & COO
  • Mr. Matt Hough
    VP & Chief Information Officer
  • Mr. Jared S. Mattingley
    VP, Treasurer, Investor Relations & Corporate Controller
  • Ms. Christy M. Nageleisen
    Vice President of Environment, Social & Governance and Chief Compliance Officer
  • Ms. Michelle Goret
    Vice President of Corporate Affairs
  • Mr. Robert W. Mitchell Jr.
    Chief Marketing Officer

Should I Buy Cintas Stock? CTAS Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Cintas was last updated on Friday, March 15, 2024 at 4:23 AM.

Pros

Here are some ways that investors could benefit from investing in Cintas Co.:

  • Cintas Corporation provides essential corporate identity uniforms and related business services, ensuring a steady demand for its offerings.
  • The company operates in multiple segments, including Uniform Rental and Facility Services, First Aid and Safety Services, diversifying its revenue streams.
  • Cintas offers first aid and safety services, tapping into the growing focus on workplace safety and compliance.
  • Recent positive analyst recommendations for Cintas (NASDAQ: CTAS) indicate a favorable outlook for the company's stock performance.
  • The company's strong distribution network and local delivery routes provide efficient service to a wide range of customers, enhancing its market reach.

Cons

Investors should be bearish about investing in Cintas Co. for these reasons:

  • Cintas operates in the Mens' & boy's furnishings, work clothing, & allied garments industry, which may be susceptible to economic downturns affecting consumer spending on such products.
  • The company's revenue may be impacted by fluctuations in the demand for uniform rental services, particularly in times of economic uncertainty.
  • Investors should consider the potential impact of competitive pressures within the industry on Cintas' market share and profitability.
  • Market volatility and macroeconomic factors could influence Cintas' stock price, leading to potential short-term fluctuations in investment returns.
  • Investors need to monitor the company's dividend payout ratio to assess the sustainability of dividend payments and overall financial health.

CTAS Stock Analysis - Frequently Asked Questions

Should I buy or sell Cintas stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cintas in the last year. There are currently 6 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CTAS shares.
View CTAS analyst ratings
or view top-rated stocks.

What is Cintas' stock price target for 2024?

14 brokers have issued 1 year price objectives for Cintas' stock. Their CTAS share price targets range from $441.00 to $700.00. On average, they expect the company's share price to reach $571.29 in the next year. This suggests that the stock has a possible downside of 8.6%.
View analysts price targets for CTAS
or view top-rated stocks among Wall Street analysts.

How have CTAS shares performed in 2024?

Cintas' stock was trading at $602.66 at the beginning of the year. Since then, CTAS shares have increased by 3.7% and is now trading at $624.96.
View the best growth stocks for 2024 here
.

When is Cintas' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 27th 2024.
View our CTAS earnings forecast
.

How can I listen to Cintas' earnings call?

Cintas will be holding an earnings conference call on Wednesday, March 27th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Cintas' earnings last quarter?

Cintas Co. (NASDAQ:CTAS) released its quarterly earnings data on Thursday, December, 21st. The business services provider reported $3.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.49 by $0.12. The business services provider had revenue of $2.38 billion for the quarter, compared to analysts' expectations of $2.34 billion. Cintas had a net margin of 15.57% and a trailing twelve-month return on equity of 36.78%. The company's quarterly revenue was up 9.3% compared to the same quarter last year. During the same period last year, the business posted $3.12 earnings per share.
Read the conference call transcript
.

How often does Cintas pay dividends? What is the dividend yield for Cintas?

Cintas declared a quarterly dividend on Tuesday, January 16th. Investors of record on Thursday, February 15th will be paid a dividend of $1.35 per share on Friday, March 15th. This represents a $5.40 annualized dividend and a dividend yield of 0.86%. The ex-dividend date is Wednesday, February 14th.
Read our dividend analysis for CTAS
.

Is Cintas a good dividend stock?

Cintas (NASDAQ:CTAS) pays an annual dividend of $5.40 per share and currently has a dividend yield of 0.86%. The company has been increasing its dividend for 41 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 39.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CTAS will have a dividend payout ratio of 33.64% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CTAS.

What guidance has Cintas issued on next quarter's earnings?

Cintas updated its FY 2024 earnings guidance on Thursday, December, 21st. The company provided earnings per share (EPS) guidance of 14.350-14.650 for the period, compared to the consensus EPS estimate of 14.460. The company issued revenue guidance of $9.5 billion-$9.6 billion, compared to the consensus revenue estimate of $9.5 billion.

What other stocks do shareholders of Cintas own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cintas investors own include Johnson & Johnson (JNJ), Mastercard (MA), Visa (V), AbbVie (ABBV), Walt Disney (DIS), Walmart (WMT), Home Depot (HD), NVIDIA (NVDA), Medtronic (MDT) and Netflix (NFLX).

Who are Cintas' major shareholders?

Cintas' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.16%), Vanguard Group Inc. (10.16%), Norges Bank (1.43%), Price T Rowe Associates Inc. MD (1.18%), Impax Asset Management Group plc (1.11%) and Royal Bank of Canada (1.03%). Insiders that own company stock include Gerald S Adolph, J Michael Hansen, Joseph Scaminace, Melanie W Barstad, Michael Lawrence Thompson, Thomas E Frooman and Todd M Schneider.
View institutional ownership trends
.

How do I buy shares of Cintas?

Shares of CTAS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Cintas have any subsidiaries?
The following companies are subsidiares of Cintas: 3305236 Nova Scotia Company, 912501 Ontario Inc., Alltex Uniform Rental Service LLC, Beacon Fire And Safety, CC Dutch Holding B.V., CC Dutch Shredding Holdco B.V., CC Dutch Storage B.V., CC Shredding Holdco LLC, CDS Equipment Holdings LLC, Cintas Canada Limited, Cintas Cleanroom Resources de Mexico S.A. de C.V., Cintas Corporate Services Inc., Cintas Corporation No. 2, Cintas Corporation No. 3, Cintas Distribution LLC, Cintas Holdings LLC, Cintas Holland BV, Cintas Hospitality UK Limited, Cintas Manufacturing LLC, Cintas Netherlands Holdings B.V., Cintas Service Transportation LLC, Cintas de Honduras S.A., Code Shred, Empresa Cintas de Mexico S.A. de C.V., Ensambles de Coahuila S.A. de C.V., G&K Services Co. LLC, G&K Services Holdings LLC, G&K Services LLC, G&K Services LLC, Grand Rapids Coat & Apron Service LLC, Grupo Cintas de Mexico S.A. de C.V., Leef Bros. LLC, Metro Door, Rental Uniform Service of Somerset KY LLC, Sanitizer Supply LLC, Sudbury Mat Rental, The Millennium Mat Company LLC, Unitog, Van Dyne Crotty, ZEE Medical, and Zee Medical Distributors LLC.
Read More
This page (NASDAQ:CTAS) was last updated on 3/19/2024 by MarketBeat.com Staff

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