Analysts Set Cintas Corporation (NASDAQ:CTAS) Price Target at $218.17

Cintas Corporation (NASDAQ:CTAS) has earned an average recommendation of “Hold” from the fourteen analysts that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation, five have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $218.1667.

Several research firms recently commented on CTAS. Argus upgraded Cintas to a “strong-buy” rating in a research note on Wednesday, January 21st. Royal Bank Of Canada reissued a “sector perform” rating and issued a $206.00 target price on shares of Cintas in a research report on Friday, December 19th. Citigroup reaffirmed a “sell” rating and set a $181.00 price target (up from $176.00) on shares of Cintas in a research report on Monday, December 22nd. Robert W. Baird increased their price target on Cintas from $220.00 to $225.00 and gave the stock a “neutral” rating in a research note on Friday, December 19th. Finally, Wells Fargo & Company raised Cintas from a “cautious” rating to an “overweight” rating and lifted their price objective for the stock from $205.00 to $245.00 in a report on Wednesday, January 14th.

Cintas Stock Performance

Shares of CTAS stock opened at $203.61 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.49 and a current ratio of 1.71. The firm has a market cap of $81.42 billion, a price-to-earnings ratio of 59.36, a P/E/G ratio of 3.67 and a beta of 0.95. Cintas has a 52 week low of $180.39 and a 52 week high of $229.24. The firm’s 50-day simple moving average is $194.35 and its two-hundred day simple moving average is $193.81.

Cintas (NASDAQ:CTAS) last released its 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. Cintas had a net margin of 17.58% and a return on equity of 41.07%. The firm 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 company earned $1.09 earnings per share. The company’s quarterly revenue was up 9.3% on a year-over-year basis. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. As a group, equities analysts forecast that Cintas will post 4.31 earnings per share for the current year.

Cintas Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 13th will be 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 is Friday, February 13th. Cintas’s dividend payout ratio (DPR) is currently 52.48%.

Institutional Trading of Cintas

A number of institutional investors have recently modified their holdings of CTAS. Pure Financial Advisors LLC boosted its holdings in Cintas by 47.5% in the 4th quarter. Pure Financial Advisors LLC now owns 1,674 shares of the business services provider’s stock worth $315,000 after buying an additional 539 shares during the period. Caitong International Asset Management Co. Ltd raised its holdings in Cintas by 79.9% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 484 shares of the business services provider’s stock valued at $91,000 after acquiring an additional 215 shares during the period. Reflection Asset Management purchased a new stake in shares of Cintas during the fourth quarter worth $62,000. Tobam lifted its position in shares of Cintas by 21,826.1% during the fourth quarter. Tobam now owns 5,043 shares of the business services provider’s stock worth $948,000 after acquiring an additional 5,020 shares in the last quarter. Finally, Arwa LLC bought a new position in shares of Cintas in the fourth quarter worth $1,275,000. 63.46% of the stock is currently owned by hedge funds and other 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.