Cintas’ (CTAS) “Sector Perform” Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reiterated their sector perform rating on shares of Cintas (NASDAQ:CTAS) in a report released on Thursday,Benzinga reports. They currently have a $206.00 price target on the business services provider’s stock.

A number of other equities research analysts also recently issued reports on the company. Wells Fargo & Company reiterated an “overweight” rating and issued a $250.00 price objective (up from $245.00) on shares of Cintas in a research report on Thursday, July 16th. Citigroup restated a “sell” rating and issued a $180.00 target price (up from $175.00) on shares of Cintas in a research note on Tuesday. Bank of America upgraded Cintas from a “neutral” rating to a “buy” rating and upped their target price for the stock from $200.00 to $230.00 in a research note on Thursday, July 16th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $231.00 price target on shares of Cintas in a report 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 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 company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $214.00.

Cintas Stock Performance

NASDAQ CTAS opened at $199.91 on Thursday. Cintas has a 1 year low of $161.16 and a 1 year high of $219.16. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.45 and a quick ratio of 1.27. The stock has a market capitalization of $80.10 billion, a PE ratio of 39.43, a P/E/G ratio of 3.18 and a beta of 0.91. The company’s 50 day simple moving average is $202.19 and its two-hundred day simple moving average is $185.60.

Cintas (NASDAQ:CTAS) last announced its quarterly earnings results on Wednesday, September 23rd. The business services provider reported $1.39 EPS for the quarter, beating the consensus estimate of $1.35 by $0.04. The firm had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $2.98 billion. Cintas had a net margin of 17.82% and a return on equity of 42.57%. The business’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same period last year, the firm earned $1.20 EPS. Cintas has set its FY 2027 guidance at 5.450-5.540 EPS. Analysts predict that Cintas will post 5.51 earnings per share for the current fiscal year.

Cintas Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Friday, August 14th were given a dividend of $0.52 per share. This is an increase from Cintas’s previous quarterly dividend of $0.45. The ex-dividend date was Friday, August 14th. This represents a $2.08 annualized dividend and a dividend yield of 1.0%. Cintas’s dividend payout ratio is 55.61%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. AMG National Trust Bank bought a new stake in Cintas in the 2nd quarter worth approximately $1,973,000. Summit Global Investments bought a new position in Cintas during the second quarter valued at approximately $950,000. TimesSquare Capital Management LLC bought a new position in Cintas during the second quarter valued at approximately $62,057,000. Oppenheimer Asset Management Inc. purchased a new position in shares of Cintas during the second quarter worth approximately $4,972,000. Finally, BlackRock Inc. purchased a new position in shares of Cintas during the second quarter worth approximately $4,520,425,000. 63.46% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Cintas

Here are the key news stories impacting Cintas this week:

• Positive Sentiment: Cintas reported first-quarter revenue of $3.01 billion, up 10.9% year over year, while adjusted EPS of $1.39 exceeded the $1.35 consensus estimate. Organic revenue growth, margin expansion and strong execution reinforced investor confidence. CTAS Q1 Earnings & Revenues Beat Estimates on Margin Gains
• Positive Sentiment: Management raised fiscal 2027 guidance to revenue of $12.15 billion-$12.27 billion and adjusted EPS of $5.45-$5.54. The company also repurchased approximately $544.7 million of shares, supporting per-share growth and shareholder returns. Cintas gains after strong quarterly results and higher fiscal 2027 outlook
• Positive Sentiment: Analysts raised their valuation estimates after the report. Truist increased its price target to $230 from $225 and maintained a Buy rating, while Baird lifted its target to $222 from $214 and kept an Outperform rating. Some analysis suggests the shares remain roughly 6% undervalued. Truist lifts price target on Cintas
• Neutral Sentiment: The proposed UniFirst merger is viewed as a potentially important future catalyst, but analysts are awaiting additional details and clarity in the next quarter. RBC maintained a Sector Perform rating with a $206 target, illustrating a more cautious view. Bernstein on Cintas results and UniFirst clarity
• Negative Sentiment: At roughly 39 times earnings, Cintas is priced for continued strong growth. Some analysts argue that much of the near-term improvement is already reflected in the stock, limiting upside unless investors take a longer-term view. Recent insider activity has also consisted of sales rather than purchases. Is Cintas a Buy After Its Latest Earnings Report?

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.