Cintas (NASDAQ:CTAS) Issues FY 2026 Earnings Guidance

Cintas (NASDAQ:CTAS) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 4.740-4.86 for the period, compared to the consensus EPS estimate of 4.840. The company issued revenue guidance of $11.1 billion-$11.2 billion, compared to the consensus revenue estimate of $11.1 billion.

Cintas Trading Down 0.3%

NASDAQ:CTAS opened at $200.04 on Thursday. The company has a market cap of $80.61 billion, a PE ratio of 45.36, a P/E/G ratio of 3.46 and a beta of 1.01. The business’s 50 day moving average is $213.56 and its two-hundred day moving average is $212.56. The company has a quick ratio of 1.82, a current ratio of 2.09 and a debt-to-equity ratio of 0.52. Cintas has a 52 week low of $180.78 and a 52 week high of $229.24.

Cintas (NASDAQ:CTAS) last released its earnings results on Wednesday, September 24th. The business services provider reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.01. Cintas had a net margin of 17.53% and a return on equity of 41.21%. The firm had revenue of $2.72 billion during the quarter, compared to analyst estimates of $2.70 billion. During the same quarter in the previous year, the firm earned $1.10 earnings per share. The firm’s revenue for the quarter was up 8.7% compared to the same quarter last year. Cintas has set its FY 2026 guidance at 4.740-4.86 EPS. On average, analysts predict that Cintas will post 4.31 EPS for the current year.

Cintas Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Friday, August 15th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Friday, August 15th. This is a positive change from Cintas’s previous quarterly dividend of $0.39. Cintas’s payout ratio is currently 40.82%.

Wall Street Analysts Forecast Growth

CTAS has been the subject of a number of recent research reports. Robert W. Baird upped their price objective on Cintas from $227.00 to $230.00 and gave the stock a “neutral” rating in a research note on Friday, July 18th. Wells Fargo & Company upgraded shares of Cintas from an “underweight” rating to an “equal weight” rating and lifted their price objective for the company from $196.00 to $221.00 in a research report on Tuesday, July 1st. Royal Bank Of Canada restated a “sector perform” rating and issued a $240.00 target price on shares of Cintas in a research report on Thursday, August 21st. UBS Group lifted their price target on Cintas from $240.00 to $255.00 and gave the company a “buy” rating in a report on Friday, July 18th. Finally, JPMorgan Chase & Co. started coverage on Cintas in a research report on Monday, July 14th. They set an “overweight” rating and a $239.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $224.54.

Insider Transactions at Cintas

In other Cintas news, Director Ronald W. Tysoe sold 5,084 shares of the stock in a transaction on Wednesday, July 30th. The stock was sold at an average price of $223.47, for a total transaction of $1,136,121.48. Following the completion of the transaction, the director directly owned 21,945 shares of the company’s stock, valued at approximately $4,904,049.15. This trade represents a 18.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Martin Mucci acquired 1,200 shares of Cintas stock in a transaction dated Monday, July 21st. The shares were acquired at an average price of $222.55 per share, with a total value of $267,060.00. Following the transaction, the director owned 2,621 shares in the company, valued at approximately $583,303.55. This represents a 84.45% increase in their position. The disclosure for this purchase can be found here. Company insiders own 14.90% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CTAS. AQR Capital Management LLC boosted its stake in shares of Cintas by 20.8% during the 2nd quarter. AQR Capital Management LLC now owns 892,212 shares of the business services provider’s stock worth $197,473,000 after acquiring an additional 153,557 shares in the last quarter. Man Group plc raised its position in shares of Cintas by 59.6% during the second quarter. Man Group plc now owns 502,552 shares of the business services provider’s stock worth $112,004,000 after purchasing an additional 187,584 shares during the period. Alliancebernstein L.P. raised its position in shares of Cintas by 29.9% during the second quarter. Alliancebernstein L.P. now owns 501,227 shares of the business services provider’s stock worth $111,708,000 after purchasing an additional 115,454 shares during the period. Adage Capital Partners GP L.L.C. lifted its holdings in shares of Cintas by 14.1% during the second quarter. Adage Capital Partners GP L.L.C. now owns 314,400 shares of the business services provider’s stock valued at $70,070,000 after purchasing an additional 38,836 shares during the last quarter. Finally, Treasurer of the State of North Carolina boosted its position in shares of Cintas by 20.3% in the 2nd quarter. Treasurer of the State of North Carolina now owns 212,192 shares of the business services provider’s stock valued at $47,291,000 after purchasing an additional 35,781 shares during the period. 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.