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

Cintas Corporation (NASDAQ:CTAS) has been assigned a consensus rating of “Hold” from the sixteen brokerages that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $214.8571.

Several equities analysts have issued reports on CTAS shares. Robert W. Baird upped 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, December 19th. Redburn Partners set a $184.00 price objective on shares of Cintas in a research note on Tuesday, November 11th. Royal Bank Of Canada restated a “sector perform” rating and issued a $206.00 price objective on shares of Cintas in a report on Friday, December 19th. Citigroup reaffirmed a “sell” rating and set a $181.00 target price (up from $176.00) on shares of Cintas in a report on Monday, December 22nd. Finally, JPMorgan Chase & Co. reduced their price target on Cintas from $246.00 to $230.00 and set an “overweight” rating on the stock in a research report on Thursday, September 25th.

Cintas Price Performance

Shares of CTAS opened at $194.23 on Thursday. The company has a quick ratio of 1.49, a current ratio of 1.71 and a debt-to-equity ratio of 0.54. The stock has a market cap of $77.67 billion, a PE ratio of 56.63, a PEG ratio of 3.31 and a beta of 0.97. Cintas has a 12-month low of $180.39 and a 12-month high of $229.24. The business has a 50-day simple moving average of $186.98 and a two-hundred day simple moving average of $200.26.

Cintas (NASDAQ:CTAS) last released its quarterly earnings results on Thursday, December 18th. The business services provider reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.01. Cintas had a return on equity of 41.07% and a net margin of 17.58%.The company had revenue of $2.80 billion for the quarter, compared to analysts’ expectations of $2.77 billion. During the same period in the previous year, the business posted $1.09 earnings per share. The business’s quarterly revenue was up 9.3% compared to the same quarter last year. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. Analysts anticipate that Cintas will post 4.31 earnings per share for the current fiscal year.

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

Cintas Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Friday, November 14th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Friday, November 14th. Cintas’s dividend payout ratio is currently 52.48%.

Institutional Investors Weigh In On Cintas

A number of institutional investors have recently modified their holdings of CTAS. Triumph Capital Management acquired a new position in Cintas in the third quarter valued at $29,000. Barnes Dennig Private Wealth Management LLC raised its position in shares of Cintas by 800.0% in the 2nd quarter. Barnes Dennig Private Wealth Management LLC now owns 144 shares of the business services provider’s stock worth $32,000 after acquiring an additional 128 shares in the last quarter. Alpine Bank Wealth Management lifted its stake in shares of Cintas by 1,092.9% in the 3rd quarter. Alpine Bank Wealth Management now owns 167 shares of the business services provider’s stock valued at $34,000 after purchasing an additional 153 shares during the period. Aventura Private Wealth LLC bought a new stake in shares of Cintas during the 4th quarter valued at about $34,000. Finally, WPG Advisers LLC grew its stake in Cintas by 90.0% during the third quarter. WPG Advisers LLC now owns 171 shares of the business services provider’s stock worth $35,000 after purchasing an additional 81 shares during the period. 63.46% of the stock is owned by institutional investors.

About Cintas

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.