Cintas (NASDAQ:CTAS) Updates FY 2025 Earnings Guidance

Cintas (NASDAQ:CTAS) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 4.360-4.400 for the period, compared to the consensus EPS estimate of 4.320. The company issued revenue guidance of $10.3 billion-$10.3 billion, compared to the consensus revenue estimate of $10.3 billion. Cintas also updated its FY25 guidance to $4.36-4.40 EPS.

Analysts Set New Price Targets

Several equities analysts recently weighed in on CTAS shares. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $215.00 price target on shares of Cintas in a research report on Friday, December 20th. Morgan Stanley increased their price target on Cintas from $185.00 to $202.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. The Goldman Sachs Group lowered their target price on shares of Cintas from $236.00 to $211.00 and set a “buy” rating for the company in a report on Friday, December 20th. Truist Financial cut their price target on shares of Cintas from $225.00 to $215.00 and set a “buy” rating on the stock in a report on Friday, December 20th. Finally, Robert W. Baird dropped their target price on shares of Cintas from $209.00 to $200.00 and set a “neutral” rating on the stock in a research report on Friday, December 20th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $199.79.

Cintas Stock Up 5.8 %

Shares of Cintas stock opened at $204.71 on Thursday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.58 and a quick ratio of 1.38. The stock has a market cap of $82.61 billion, a price-to-earnings ratio of 49.36, a PEG ratio of 3.98 and a beta of 1.41. The firm’s 50-day moving average is $200.75 and its two-hundred day moving average is $208.89. Cintas has a 1 year low of $162.16 and a 1 year high of $228.12.

Cintas (NASDAQ:CTAS) last posted its quarterly earnings results on Wednesday, March 26th. The business services provider reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.08. Cintas had a net margin of 17.23% and a return on equity of 40.62%. The business had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $2.60 billion. During the same quarter last year, the company posted $3.84 earnings per share. The business’s quarterly revenue was up 8.4% on a year-over-year basis. As a group, research analysts expect that Cintas will post 4.31 earnings per share for the current fiscal year.

Cintas Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 14th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 0.76%. The ex-dividend date of this dividend was Friday, February 14th. Cintas’s dividend payout ratio is currently 37.59%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Cintas stock. Brighton Jones LLC increased its holdings in shares of Cintas Co. (NASDAQ:CTAS) by 9.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,268 shares of the business services provider’s stock after buying an additional 108 shares during the period. Brighton Jones LLC’s holdings in Cintas were worth $232,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 63.46% of the company’s stock.

About Cintas

Cintas Corporation engages in the provision of corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms.