Cintas (NASDAQ:CTAS) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Cintas (NASDAQ:CTAS) released its quarterly earnings data on Wednesday. The business services provider reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.04, Briefing.com reports. Cintas had a return on equity of 42.05% and a net margin of 17.75%.Cintas’s revenue for the quarter was up 10.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.20 earnings per share.

Cintas Stock Up 1.0%

CTAS stock opened at $198.80 on Wednesday. Cintas has a 12 month low of $161.16 and a 12 month high of $219.16. The firm has a market cap of $79.66 billion, a PE ratio of 53.16, a P/E/G ratio of 3.18 and a beta of 0.91. The firm has a 50 day simple moving average of $202.46 and a 200 day simple moving average of $185.63. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.43 and a quick ratio of 1.27.

Cintas Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Friday, August 14th were issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Friday, August 14th. This is an increase from Cintas’s previous quarterly dividend of $0.45. Cintas’s payout ratio is presently 55.61%.

Trending Headlines about Cintas

Here are the key news stories impacting Cintas this week:

• Positive Sentiment: Revenue rose 10.9% year over year to $3.01 billion from $2.72 billion, indicating continued demand for Cintas’ uniform, facility-services and workplace-safety offerings. The company’s growth exceeded the previously reported consensus revenue expectation of $2.87 billion. Cintas Corporation Announces Fiscal 2027 First Quarter Results
• Positive Sentiment: Recent earnings previews anticipated year-over-year revenue and EPS growth, supported by strong customer retention, demand for safety services and acquisitions. The reported revenue performance reinforces that bullish setup. Cintas Gears Up to Report Q1 Earnings
• Positive Sentiment: Brokerage sentiment remains constructive, with Cintas carrying a consensus “Moderate Buy” rating. Commentator Jim Cramer also described the business as strong heading into the report, potentially supporting investor confidence. Cintas Given Consensus Rating of Moderate Buy
• Neutral Sentiment: Cintas was among several companies reporting earnings, making the stock a focus of options traders. Elevated implied volatility signals expectations for a meaningful post-earnings move but does not establish its direction. Options Volatility and Implied Earnings Moves
• Negative Sentiment: The shares previously slipped 0.38% ahead of the report, suggesting some caution before results. With a price-to-earnings ratio above 53, the market may require strong profit growth and favorable guidance to sustain upward momentum. Cintas Stock Heads Into the Open

Analyst Ratings Changes

Several research analysts have recently weighed in on CTAS shares. Robert W. Baird increased their price objective on shares of Cintas from $200.00 to $214.00 and gave the stock an “outperform” rating in a report on Thursday, July 16th. Citigroup reissued a “sell” rating and set a $180.00 target price (up from $175.00) on shares of Cintas in a research report on Tuesday. Truist Financial dropped their price target 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. The Goldman Sachs Group restated a “buy” rating and issued a $231.00 price target on shares of Cintas in a research note on Wednesday, July 15th. Finally, Weiss Ratings upgraded Cintas from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, September 11th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Cintas currently has a consensus rating of “Moderate Buy” and an average price target of $213.85.

About Cintas

Cintas Corporation is a provider of workplace products and services for businesses across North America. The company helps organizations manage employee appearance, workplace cleanliness, safety, and compliance through a range of recurring service programs.

Its offerings include uniform rental and workwear, branded apparel, entrance mats, restroom supplies, and facility cleaning services. Cintas also provides first-aid and safety products, training, and fire protection services, including inspection and maintenance programs for fire extinguishers, sprinkler systems, alarms, and related equipment.

Headquartered in Mason, Ohio, Cintas traces its roots to a family-operated industrial laundry business established by Richard T.