Cintas (NASDAQ:CTAS – Get Free Report) updated its FY 2027 earnings guidance on Wednesday. The company provided EPS guidance of 5.450-5.540 for the period, compared to the consensus EPS estimate of 5.490. The company issued revenue guidance of $12.2 billion-$12.3 billion, compared to the consensus revenue estimate of $12.2 billion.
Analysts Set New Price Targets
CTAS has been the subject of several research analyst reports. Weiss Ratings raised Cintas from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, September 11th. Robert W. Baird set a $222.00 target price on Cintas and gave the stock an “outperform” rating in a research note on Thursday. UBS Group reiterated a “buy” rating and issued a $235.00 target price (up from $230.00) on shares of Cintas in a report on Thursday. Sanford C. Bernstein reissued a “market perform” rating on shares of Cintas in a research note on Thursday, September 10th. Finally, Truist Financial increased their price target on Cintas from $225.00 to $230.00 and gave the stock a “buy” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Cintas currently has an average rating of “Moderate Buy” and an average target price of $214.00.
Check Out Our Latest Report on CTAS
Cintas Price Performance
Cintas (NASDAQ:CTAS – Get Free Report) last announced its earnings results on Wednesday, September 23rd. The business services provider reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.04. The firm had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $2.98 billion. Cintas had a return on equity of 42.05% and a net margin of 17.75%.The company’s revenue was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.20 EPS. Cintas has set its FY 2027 guidance at 5.450-5.540 EPS. Equities research analysts expect that Cintas will post 5.5 EPS for the current fiscal year.
Cintas Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Friday, August 14th were paid a $0.52 dividend. The ex-dividend date was Friday, August 14th. This is a boost from Cintas’s previous quarterly dividend of $0.45. This represents a $2.08 annualized dividend and a dividend yield of 1.1%. Cintas’s dividend payout ratio is presently 55.61%.
Key Stories Impacting Cintas
Here are the key news stories impacting Cintas this week:
- Positive Sentiment: Cintas reported adjusted earnings of $1.39 per share, above the $1.35 analyst consensus, while revenue rose 10.9% year over year to $3.01 billion, also exceeding expectations. Organic revenue growth reached 8.9%. Cintas Q1 Earnings and Revenues Surpass Estimates
- Positive Sentiment: Profitability improved, with gross margin expanding to 51.5% from 50.3% and operating income increasing 15.2%. Management also said volume growth, rather than price increases, is driving momentum, suggesting resilient demand. Cintas Says Volume, Not Price Hikes, Is Powering Its Growth
- Positive Sentiment: Cintas raised fiscal 2027 guidance to $12.15 billion-$12.27 billion in revenue and $5.45-$5.54 in adjusted EPS. The company also announced a 15.6% dividend increase and reported $544.7 million in share repurchases. Cintas Raises Fiscal 2027 Outlook
- Positive Sentiment: Truist raised its price target to $230 from $225 and retained a Buy rating; Baird also lifted its target to $222 while maintaining Outperform. UBS and RBC highlighted strong execution and growth momentum. Truist Raises Cintas Price Target
- Neutral Sentiment: Analysts noted that investors are still awaiting greater clarity on the proposed UniFirst acquisition, which could influence near-term sentiment and financial expectations. Bernstein on Cintas Results
- Negative Sentiment: Despite its operational strength, Cintas trades at a premium valuation, with some commentary warning that much of its expected growth may already be reflected in the stock price. Recent insider activity also consisted of sales rather than purchases.
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.
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