Cintas Corporation (NASDAQ:CTAS) Receives Consensus Rating of “Hold” from Brokerages

Shares of Cintas Corporation (NASDAQ:CTASGet Free Report) have earned a consensus recommendation of “Hold” from the sixteen brokerages that are currently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $211.6429.

CTAS has been the subject of several recent analyst reports. UBS Group reiterated a “buy” rating on shares of Cintas in a research note on Friday. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $206.00 target price on shares of Cintas in a research report on Friday. Robert W. Baird lifted their price target on shares of Cintas from $220.00 to $225.00 and gave the company a “neutral” rating in a research report on Friday. Sanford C. Bernstein initiated coverage on shares of Cintas in a research note on Wednesday, November 12th. They issued a “market perform” rating and a $200.00 price objective for the company. Finally, Rothschild Redb upgraded shares of Cintas from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 11th.

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Institutional Investors Weigh In On Cintas

Hedge funds and other institutional investors have recently modified their holdings of the stock. Alpha Financial Partners LLC raised its stake in Cintas by 2.9% during the 2nd quarter. Alpha Financial Partners LLC now owns 1,602 shares of the business services provider’s stock valued at $357,000 after purchasing an additional 45 shares during the last quarter. Portside Wealth Group LLC raised its position in shares of Cintas by 3.5% during the second quarter. Portside Wealth Group LLC now owns 1,360 shares of the business services provider’s stock valued at $303,000 after buying an additional 46 shares during the last quarter. Elyxium Wealth LLC lifted its stake in shares of Cintas by 3.8% in the second quarter. Elyxium Wealth LLC now owns 1,322 shares of the business services provider’s stock valued at $295,000 after buying an additional 48 shares during the period. Oarsman Capital Inc. grew its position in Cintas by 3.9% during the first quarter. Oarsman Capital Inc. now owns 1,321 shares of the business services provider’s stock worth $272,000 after buying an additional 49 shares in the last quarter. Finally, Independent Wealth Network Inc. increased its stake in Cintas by 4.8% during the second quarter. Independent Wealth Network Inc. now owns 1,077 shares of the business services provider’s stock valued at $240,000 after acquiring an additional 49 shares during the period. Institutional investors and hedge funds own 63.46% of the company’s stock.

Cintas Price Performance

NASDAQ CTAS opened at $187.57 on Friday. The company has a 50 day moving average price of $186.39 and a two-hundred day moving average price of $204.40. Cintas has a 12-month low of $180.39 and a 12-month high of $229.24. The stock has a market capitalization of $75.38 billion, a PE ratio of 56.67, a price-to-earnings-growth ratio of 3.24 and a beta of 0.96. The company has a quick ratio of 1.94, a current ratio of 1.71 and a debt-to-equity ratio of 0.54.

Cintas (NASDAQ:CTASGet Free Report) last released its quarterly earnings results on Thursday, December 18th. The business services provider reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.01. The business had revenue of $2.80 billion for the quarter, compared to the consensus estimate of $2.77 billion. Cintas had a net margin of 17.58% and a return on equity of 41.07%. Cintas’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.09 EPS. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. As a group, equities analysts predict that Cintas will post 4.31 earnings per share for the current fiscal year.

Cintas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 14th were paid a $0.45 dividend. The ex-dividend date was Friday, November 14th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.0%. Cintas’s payout ratio is presently 54.38%.

Cintas announced that its board has initiated a share buyback plan on Tuesday, October 28th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the business services provider to reacquire up to 1.3% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

Cintas Company Profile

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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.

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Analyst Recommendations for Cintas (NASDAQ:CTAS)

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