Brokerages Set Cintas Corporation (NASDAQ:CTAS) Price Target at $218.17

Shares of Cintas Corporation (NASDAQ:CTASGet Free Report) have received an average rating of “Moderate Buy” from the fourteen brokerages that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, six have given a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $220.25.

Several research analysts have weighed in on the stock. Citigroup restated a “sell” rating and set a $181.00 target price (up from $176.00) on shares of Cintas in a research report on Monday, December 22nd. UBS Group reissued a “buy” rating on shares of Cintas in a research note on Thursday. Morgan Stanley reduced their price objective on Cintas from $220.00 to $210.00 and set an “equal weight” rating for the company in a report on Wednesday, December 17th. Robert W. Baird raised Cintas from a “neutral” rating to an “outperform” rating and set a $250.00 target price on the stock in a report on Wednesday. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Cintas in a research report on Monday, December 29th.

View Our Latest Report on CTAS

Cintas Price Performance

NASDAQ:CTAS traded up $1.18 during trading hours on Friday, hitting $194.44. The company’s stock had a trading volume of 108,840 shares, compared to its average volume of 1,933,851. Cintas has a 52-week low of $180.39 and a 52-week high of $229.24. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.49 and a current ratio of 1.71. The business’s 50-day moving average is $194.98 and its two-hundred day moving average is $193.60. The company has a market capitalization of $77.75 billion, a PE ratio of 56.59, a PEG ratio of 3.58 and a beta of 0.95.

Cintas (NASDAQ:CTASGet Free Report) last issued its earnings results on Thursday, December 18th. The business services provider reported $1.21 EPS for the quarter, topping the consensus estimate of $1.20 by $0.01. The company had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.77 billion. Cintas had a net margin of 17.58% and a return on equity of 41.07%. The business’s revenue was up 9.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.09 EPS. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. As a group, research analysts anticipate that Cintas will post 4.31 EPS for the current fiscal year.

Cintas Dividend Announcement

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

Institutional Trading of Cintas

Institutional investors and hedge funds have recently modified their holdings of the business. Nemes Rush Group LLC acquired a new position in shares of Cintas during the 4th quarter worth approximately $25,000. Swiss RE Ltd. acquired a new stake in Cintas during the 4th quarter valued at $25,000. Camelot Portfolios LLC purchased a new position in Cintas during the fourth quarter worth $26,000. Kemnay Advisory Services Inc. acquired a new position in shares of Cintas in the fourth quarter worth $26,000. Finally, Key Capital Management INC purchased a new stake in shares of Cintas in the fourth quarter valued at $28,000. Hedge funds and other institutional investors own 63.46% of the company’s stock.

Cintas Company Profile

(Get Free Report)

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.

Read More

Analyst Recommendations for Cintas (NASDAQ:CTAS)

Receive News & Ratings for Cintas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cintas and related companies with MarketBeat.com's FREE daily email newsletter.