Royal Bank Of Canada Reiterates “Sector Perform” Rating for Cintas (NASDAQ:CTAS)

Cintas (NASDAQ:CTAS)‘s stock had its “sector perform” rating reiterated by investment analysts at Royal Bank Of Canada in a research report issued to clients and investors on Thursday,Benzinga reports. They presently have a $206.00 price target on the business services provider’s stock. Royal Bank Of Canada’s price target points to a potential upside of 0.76% from the company’s current price.

A number of other analysts have also recently weighed in on CTAS. Weiss Ratings raised shares of Cintas from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 10th. Citigroup decreased their price target on shares of Cintas from $181.00 to $160.00 and set a “sell” rating for the company in a report on Tuesday, March 31st. Bank of America raised shares of Cintas from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $200.00 to $230.00 in a research report on Thursday. Truist Financial dropped their price objective on shares of Cintas from $255.00 to $225.00 and set a “buy” rating on the stock in a research note on Monday, June 15th. Finally, UBS Group reissued a “buy” rating and issued a $230.00 target price (up from $228.00) on shares of Cintas in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Cintas has an average rating of “Moderate Buy” and an average price target of $212.31.

Cintas Price Performance

Shares of NASDAQ CTAS opened at $204.45 on Thursday. The company has a current ratio of 1.43, a quick ratio of 1.74 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $81.80 billion, a price-to-earnings ratio of 57.75, a price-to-earnings-growth ratio of 3.25 and a beta of 0.94. Cintas has a twelve month low of $161.16 and a twelve month high of $226.75. The business has a 50 day simple moving average of $175.60 and a 200-day simple moving average of $182.86.

Cintas (NASDAQ:CTAS) last announced its quarterly earnings data on Wednesday, July 15th. The business services provider reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.05. The firm had revenue of $2.91 billion for the quarter, compared to analysts’ expectations of $2.87 billion. Cintas had a return on equity of 42.05% and a net margin of 17.75%.The firm’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same period last year, the business posted $1.09 earnings per share. Cintas has set its FY 2027 guidance at 5.360-5.500 EPS. As a group, equities research analysts expect that Cintas will post 5.46 earnings per share for the current year.

Insider Transactions at Cintas

In other Cintas news, Director Ronald W. Tysoe sold 4,666 shares of the firm’s stock in a transaction on Monday, April 20th. The stock was sold at an average price of $178.87, for a total value of $834,607.42. Following the sale, the director directly owned 22,448 shares in the company, valued at approximately $4,015,273.76. This trade represents a 17.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 14.90% of the company’s stock.

Institutional Trading of Cintas

A number of large investors have recently modified their holdings of the company. Brighton Jones LLC increased its stake in shares of Cintas by 9.3% in the fourth quarter. Brighton Jones LLC now owns 1,268 shares of the business services provider’s stock valued at $232,000 after purchasing an additional 108 shares during the period. Sivia Capital Partners LLC grew its holdings in Cintas by 42.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,441 shares of the business services provider’s stock worth $321,000 after buying an additional 428 shares in the last quarter. Gamco Investors INC. ET AL bought a new position in Cintas in the 2nd quarter worth approximately $625,000. Treasurer of the State of North Carolina increased its position in Cintas by 20.3% in the 2nd quarter. Treasurer of the State of North Carolina now owns 212,192 shares of the business services provider’s stock valued at $47,291,000 after acquiring an additional 35,781 shares during the period. Finally, Ieq Capital LLC increased its position in Cintas by 50.2% in the 2nd quarter. Ieq Capital LLC now owns 92,924 shares of the business services provider’s stock valued at $20,710,000 after acquiring an additional 31,068 shares during the period. Institutional investors and hedge funds own 63.46% of the company’s stock.

Key Headlines Impacting Cintas

Here are the key news stories impacting Cintas this week:

• Positive Sentiment: Bank of America upgraded Cintas to Buy from Neutral and raised its price target to $230, saying the company’s earnings setup looks stronger over the next several quarters thanks to improving labor conditions, growth in adjacent products, and margin expansion. Cintas upgraded by Bank of America after earnings beat and stronger outlook
• Positive Sentiment: Robert W. Baird raised its price target to $214 and kept an Outperform rating, while other analysts also lifted estimates after Cintas beat revenue and EPS expectations. These Analysts Increase Their Forecasts On Cintas Following Upbeat Q4 Earnings
• Positive Sentiment: Cintas posted a beat-and-raise quarter, with revenue of $2.91 billion and adjusted EPS of $1.29, plus stronger fiscal 2027 guidance, which has supported investor confidence and renewed buying interest. Cintas Keeps Beating Expectations—And the Story Isn’t Over
• Neutral Sentiment: Some coverage argues the stock may now be reasonably valued after its sharp five-year advance, suggesting upside may depend more on continued earnings execution than multiple expansion. Cintas (CTAS) Stock Looks Reasonable After Its 106% Five Year Run
• Negative Sentiment: Royal Bank of Canada only reaffirmed a Sector Perform rating with a $206 target, implying more limited upside than the most bullish calls and signaling that not all analysts are fully convinced the stock can rerate much higher from here. Benzinga coverage of RBC rating

Cintas Company Profile

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.