Zacks Research Issues Positive Forecast for Cintas Earnings

Cintas Corporation (NASDAQ:CTAS) – Equities research analysts at Zacks Research increased their Q3 2026 earnings estimates for Cintas in a note issued to investors on Wednesday, June 18th. Zacks Research analyst R. Department now anticipates that the business services provider will post earnings per share of $1.22 for the quarter, up from their previous forecast of $1.20. The consensus estimate for Cintas’ current full-year earnings is $4.31 per share. Zacks Research also issued estimates for Cintas’ Q4 2026 earnings at $1.18 EPS, FY2026 earnings at $4.76 EPS, Q1 2027 earnings at $1.26 EPS, Q2 2027 earnings at $1.32 EPS, Q3 2027 earnings at $1.32 EPS, Q4 2027 earnings at $1.34 EPS and FY2027 earnings at $5.24 EPS.

Cintas (NASDAQ:CTAS) last released its quarterly earnings data on Wednesday, March 26th. The business services provider reported $1.13 EPS for the quarter, beating the consensus estimate of $1.05 by $0.08. Cintas had a net margin of 17.53% and a return on equity of 41.30%. The business had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.60 billion. During the same quarter last year, the business earned $3.84 earnings per share. Cintas’s quarterly revenue was up 8.4% compared to the same quarter last year.

Several other equities analysts have also commented on CTAS. UBS Group increased their price objective on shares of Cintas from $218.00 to $240.00 and gave the company a “buy” rating in a research report on Thursday, March 27th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $240.00 target price (up previously from $215.00) on shares of Cintas in a research note on Monday, June 9th. Bank of America began coverage on shares of Cintas in a research note on Thursday, April 10th. They issued a “buy” rating and a $250.00 target price on the stock. Redburn Atlantic downgraded shares of Cintas from a “neutral” rating to a “sell” rating and set a $171.00 target price on the stock. in a research note on Thursday, May 1st. Finally, Truist Financial increased their target price on shares of Cintas from $215.00 to $230.00 and gave the company a “buy” rating in a research note on Thursday, March 27th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Cintas presently has a consensus rating of “Hold” and a consensus price target of $215.81.

Cintas Price Performance

CTAS stock opened at $220.42 on Thursday. Cintas has a 52 week low of $172.20 and a 52 week high of $229.24. The company has a quick ratio of 1.50, a current ratio of 1.72 and a debt-to-equity ratio of 0.44. The company has a fifty day simple moving average of $216.98 and a two-hundred day simple moving average of $205.59. The firm has a market capitalization of $89.00 billion, a P/E ratio of 51.05, a price-to-earnings-growth ratio of 3.44 and a beta of 1.07.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. increased its position in Cintas by 26.7% during the 4th quarter. Ameriprise Financial Inc. now owns 2,228,609 shares of the business services provider’s stock valued at $407,163,000 after purchasing an additional 468,950 shares during the period. Alpine Global Management LLC purchased a new position in Cintas during the 4th quarter valued at about $284,000. Treasurer of the State of North Carolina increased its position in Cintas by 12.3% during the 4th quarter. Treasurer of the State of North Carolina now owns 170,182 shares of the business services provider’s stock valued at $31,092,000 after purchasing an additional 18,620 shares during the period. OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in shares of Cintas by 97.6% in the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 7,470 shares of the business services provider’s stock valued at $1,365,000 after buying an additional 3,690 shares in the last quarter. Finally, Schulhoff & Co. Inc. bought a new stake in shares of Cintas in the 4th quarter valued at about $258,000. Hedge funds and other institutional investors own 63.46% of the company’s stock.

Insider Buying and Selling

In other Cintas news, COO Jim Rozakis sold 2,000 shares of the firm’s stock in a transaction dated Monday, April 7th. The shares were sold at an average price of $190.37, for a total transaction of $380,740.00. Following the transaction, the chief operating officer now owns 256,528 shares of the company’s stock, valued at approximately $48,835,235.36. This trade represents a 0.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Ronald W. Tysoe sold 8,521 shares of the firm’s stock in a transaction dated Monday, April 14th. The shares were sold at an average price of $208.96, for a total transaction of $1,780,548.16. Following the transaction, the director now directly owns 27,029 shares in the company, valued at $5,647,979.84. This trade represents a 23.97% decrease in their position. The disclosure for this sale can be found here. 15.00% of the stock is currently owned by insiders.

Cintas Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Thursday, May 15th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 0.71%. The ex-dividend date was Thursday, May 15th. Cintas’s dividend payout ratio is presently 36.11%.

Cintas Company Profile

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.