Cintas Corporation (NASDAQ:CTAS) is scheduled to post its quarterly earnings results after the market closes on Tuesday, September 26th. Analysts expect Cintas Corporation to post earnings of $1.22 per share for the quarter.

Cintas Corporation (NASDAQ:CTAS) last issued its quarterly earnings results on Thursday, July 20th. The business services provider reported $0.75 EPS for the quarter, missing the consensus estimate of $1.05 by ($0.30). Cintas Corporation had a return on equity of 23.38% and a net margin of 8.90%. The company had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same period last year, the company posted $1.08 EPS. The business’s revenue for the quarter was up 23.1% on a year-over-year basis. On average, analysts expect Cintas Corporation to post $5.22 EPS for the current fiscal year and $5.89 EPS for the next fiscal year.

Cintas Corporation (CTAS) opened at 136.65 on Monday. Cintas Corporation has a 12 month low of $102.07 and a 12 month high of $139.74. The firm has a market cap of $14.41 billion, a price-to-earnings ratio of 31.15 and a beta of 0.85. The company’s 50-day moving average is $133.77 and its 200 day moving average is $127.29.

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In related news, CFO J. Michael Hansen sold 800 shares of the firm’s stock in a transaction that occurred on Friday, August 11th. The shares were sold at an average price of $130.75, for a total transaction of $104,600.00. Following the transaction, the chief financial officer now owns 54,370 shares of the company’s stock, valued at $7,108,877.50. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Gerald S. Adolph sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $133.69, for a total transaction of $267,380.00. Following the transaction, the director now directly owns 13,135 shares in the company, valued at approximately $1,756,018.15. The disclosure for this sale can be found here. 18.90% of the stock is currently owned by company insiders.

Several brokerages have commented on CTAS. Zacks Investment Research upgraded shares of Cintas Corporation from a “hold” rating to a “buy” rating and set a $153.00 target price for the company in a report on Thursday. BidaskClub lowered shares of Cintas Corporation from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. Robert W. Baird set a $152.00 price target on shares of Cintas Corporation and gave the stock a “buy” rating in a research report on Thursday, August 24th. Stifel Nicolaus increased their price target on shares of Cintas Corporation from $123.00 to $136.00 and gave the stock a “hold” rating in a research report on Friday, July 21st. Finally, Morgan Stanley reissued an “underweight” rating and issued a $117.00 price target (up from $107.00) on shares of Cintas Corporation in a research report on Tuesday, July 25th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $135.70.

About Cintas Corporation

Cintas Corporation is a provider of corporate identity uniforms through rental and sales programs, as well as a provider of related business services, including entrance mats, restroom cleaning services and supplies, carpet and tile cleaning services, first aid and safety services and fire protection products and services.

Earnings History for Cintas Corporation (NASDAQ:CTAS)

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