Cintas Corporation (NASDAQ:CTAS) Receives $221.08 Consensus Target Price from Brokerages

Shares of Cintas Corporation (NASDAQ:CTAS) have been assigned an average rating of “Moderate Buy” from the fourteen research firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $221.0833.

Several research firms have recently issued reports on CTAS. Argus raised Cintas to a “strong-buy” rating in a research note on Wednesday, January 21st. Royal Bank Of Canada reissued a “sector perform” rating and set a $206.00 price objective on shares of Cintas in a research report on Friday, December 19th. Sanford C. Bernstein assumed coverage on shares of Cintas in a report on Wednesday, November 12th. They issued a “market perform” rating and a $200.00 price objective for the company. Citigroup reaffirmed a “sell” rating and set a $181.00 target price (up previously from $176.00) on shares of Cintas in a research note on Monday, December 22nd. Finally, Wells Fargo & Company raised shares of Cintas from a “cautious” rating to an “overweight” rating and increased their price target for the stock from $205.00 to $245.00 in a research note on Wednesday, January 14th.

Cintas Stock Down 1.4%

Shares of Cintas stock opened at $193.44 on Monday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.49 and a current ratio of 1.71. Cintas has a 52-week low of $180.39 and a 52-week high of $229.24. The company’s 50 day moving average price is $190.94 and its 200-day moving average price is $196.55. The stock has a market capitalization of $77.35 billion, a price-to-earnings ratio of 56.40, a P/E/G ratio of 3.36 and a beta of 0.95.

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

Cintas Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 13th will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, February 13th. Cintas’s dividend payout ratio (DPR) is presently 52.48%.

Cintas declared that its Board of Directors has approved a stock 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 usually a sign that the company’s management believes its stock is undervalued.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Alpha Financial Partners LLC increased its stake in shares of Cintas by 2.9% during the second 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 in the last quarter. Portside Wealth Group LLC increased its position in Cintas by 3.5% during the 2nd 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 in the last quarter. Elyxium Wealth LLC raised its stake in Cintas by 3.8% during 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 last quarter. PDS Planning Inc raised its stake in Cintas by 2.0% during the second quarter. PDS Planning Inc now owns 2,508 shares of the business services provider’s stock valued at $559,000 after buying an additional 49 shares during the last quarter. Finally, Beacon Investment Advisors LLC boosted its holdings in Cintas by 3.2% in the second quarter. Beacon Investment Advisors LLC now owns 1,725 shares of the business services provider’s stock worth $381,000 after acquiring an additional 53 shares in the last quarter. 63.46% of the stock is owned by hedge funds and other institutional investors.

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.