Cintas (NASDAQ:CTAS – Free Report) had its target price cut by Stifel Nicolaus from $222.00 to $190.00 in a research report released on Thursday morning,Benzinga reports. They currently have a hold rating on the business services provider’s stock.
A number of other research firms have also commented on CTAS. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $206.00 price target on shares of Cintas in a research report on Friday, December 19th. UBS Group reiterated a “buy” rating on shares of Cintas in a research note on Thursday, March 12th. Argus upgraded Cintas to a “strong-buy” rating in a research note on Wednesday, January 21st. Weiss Ratings raised shares of Cintas from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, March 17th. Finally, Wells Fargo & Company upgraded Cintas from a “cautious” rating to an “overweight” rating and increased their price target for the company from $205.00 to $245.00 in a research note on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $216.92.
Get Our Latest Stock Analysis on CTAS
Cintas Stock Performance
Cintas (NASDAQ:CTAS – Get Free Report) last issued its earnings results on Wednesday, March 25th. The business services provider reported $1.24 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.24. The firm had revenue of $2.84 billion for the quarter, compared to analysts’ expectations of $2.82 billion. Cintas had a return on equity of 41.47% and a net margin of 17.57%.The company’s revenue was up 8.9% compared to the same quarter last year. During the same quarter last year, the business earned $1.13 earnings per share. Equities research analysts forecast that Cintas will post 4.31 EPS for the current year.
Cintas Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 13th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Friday, February 13th. Cintas’s dividend payout ratio (DPR) is 52.48%.
Hedge Funds Weigh In On Cintas
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Nemes Rush Group LLC acquired a new position in shares of Cintas during the 4th quarter worth $25,000. Swiss RE Ltd. acquired a new position in Cintas in the 4th quarter valued at approximately $25,000. Camelot Portfolios LLC bought a new position in Cintas during the 4th quarter worth $26,000. Kemnay Advisory Services Inc. bought a new position in shares of Cintas during the fourth quarter worth about $26,000. Finally, Key Capital Management INC bought a new position in Cintas during the 4th quarter worth approximately $28,000. 63.46% of the stock is currently owned by institutional investors and hedge funds.
More Cintas News
Here are the key news stories impacting Cintas this week:
- Positive Sentiment: Q3 results showed steady top‑line growth and margin improvement — revenue was $2.84B (up 8.9% YoY) with organic growth and record margins, and management raised FY2026 guidance, which supports near‑term earnings visibility. Cintas Corporation Announces Fiscal 2026 Third Quarter Results
- Positive Sentiment: Market coverage highlighting margin expansion and a stronger outlook reinforces the company’s operational momentum and supports longer‑term cash flow expectations. Crude Oil Moves Lower; Cintas Raises FY2026 Forecast
- Neutral Sentiment: Earnings were essentially inline with consensus — reported EPS of $1.24 matched expectations — which removes an earnings surprise as a catalyst for big upside or downside. Q3 2026 Earnings Call Transcript
- Neutral Sentiment: Company recognition on workplace rankings may help recruiting and retention over time but is unlikely to move the stock materially in the near term. Cintas Earns Newsweek’s America’s Greatest Workplaces for Entry Level 2026 Award
- Negative Sentiment: Stifel Nicolaus trimmed its price target from $222 to $190 and moved to a “Hold” rating, cutting an analyst endorsement that may reduce buying interest and contributed to downward pressure. Stifel Lowers Price Target on Cintas
- Negative Sentiment: Shares recently reached a new 1‑year low and are trading below the 50‑ and 200‑day moving averages, which can trigger technical selling from momentum funds and stop orders. Cintas Reaches New 1-Year Low
- Negative Sentiment: Investor concern around the UniFirst acquisition — integration costs, potential regulatory scrutiny and execution risk — is likely keeping some holders cautious despite potential long‑term synergies. Cintas Profit Rises Ahead of UniFirst Merger
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.
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