Morgan Stanley Cuts Cintas (NASDAQ:CTAS) Price Target to $210.00

Cintas (NASDAQ:CTAS) had its target price lowered by Morgan Stanley from $220.00 to $210.00 in a report issued on Wednesday morning, Marketbeat Ratings reports. The firm currently has an equal weight rating on the business services provider’s stock.

Several other equities research analysts have also recently issued reports on CTAS. Royal Bank Of Canada lowered their price objective on shares of Cintas from $240.00 to $206.00 and set a “sector perform” rating for the company in a research report on Thursday, September 25th. Redburn Partners set a $184.00 price target on shares of Cintas in a research note on Tuesday, November 11th. Weiss Ratings reissued a “hold (c+)” rating on shares of Cintas in a research note on Monday. Citigroup raised their price objective on Cintas from $172.00 to $176.00 and gave the stock a “sell” rating in a report on Friday, September 26th. Finally, Rothschild & Co Redburn upgraded shares of Cintas from a “sell” rating to a “neutral” rating and set a $184.00 price target for the company in a report on Tuesday, November 11th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $211.64.

Cintas Price Performance

CTAS opened at $187.57 on Wednesday. The business has a fifty day moving average of $186.39 and a 200 day moving average of $204.56. The stock has a market cap of $75.38 billion, a P/E ratio of 42.53, a PEG ratio of 3.28 and a beta of 0.96. The company has a quick ratio of 1.94, a current ratio of 1.71 and a debt-to-equity ratio of 0.54. Cintas has a 52-week low of $180.39 and a 52-week high of $229.24.

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

Cintas Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 14th were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Friday, November 14th. Cintas’s payout ratio is presently 40.82%.

Cintas announced that its board has approved a stock buyback program on Tuesday, October 28th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the business services provider to purchase up to 1.3% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

Institutional Investors Weigh In On Cintas

Large investors have recently bought and sold shares of the company. Alpha Financial Partners LLC boosted its holdings in shares of Cintas by 2.9% in the 2nd quarter. Alpha Financial Partners LLC now owns 1,602 shares of the business services provider’s stock valued at $357,000 after acquiring an additional 45 shares during the last quarter. Portside Wealth Group LLC increased its position in shares of Cintas by 3.5% in the second quarter. Portside Wealth Group LLC now owns 1,360 shares of the business services provider’s stock valued at $303,000 after buying an additional 46 shares in the last quarter. Elyxium Wealth LLC raised its stake in shares of Cintas by 3.8% during the 2nd quarter. Elyxium Wealth LLC now owns 1,322 shares of the business services provider’s stock worth $295,000 after buying an additional 48 shares during the period. Oarsman Capital Inc. raised its stake in shares of Cintas by 3.9% during the 1st quarter. Oarsman Capital Inc. now owns 1,321 shares of the business services provider’s stock worth $272,000 after buying an additional 49 shares during the period. Finally, Independent Wealth Network Inc. lifted its position in shares of Cintas by 4.8% during the 2nd quarter. Independent Wealth Network Inc. now owns 1,077 shares of the business services provider’s stock valued at $240,000 after buying an additional 49 shares in the last quarter. Hedge funds and other institutional investors own 63.46% of the company’s stock.

Key Stores Impacting Cintas

Here are the key news stories impacting Cintas this week:

• Positive Sentiment: Q2 results beat consensus and management raised FY‑2026 EPS and revenue guidance (revenue $2.80B, EPS ~$1.21; FY26 EPS guide 4.810–4.880), supporting forward growth expectations. Cintas Corporation Announces Fiscal 2026 Second Quarter Results
• Positive Sentiment: Analysts and management point to stronger retention driven by Cintas’ digital push — a structural improvement that supports recurring revenue and customer lifetime value. Cintas’ Digital Push Is Paying Off With Higher Retention, Analyst Says
• Positive Sentiment: Certain firms raised price targets after the print (e.g., Wells Fargo and Robert W. Baird increased targets), signaling continued analyst confidence in medium‑term upside. Cintas price target raised to $205 from $185 at Wells Fargo
• Neutral Sentiment: Conference‑call highlights and transcripts show management emphasizing record revenue and operating‑margin progress, but also note near‑term cost pressures — useful detail for modeling margin trajectory. Cintas Corp (CTAS) Q2 2026 Earnings Call Highlights
• Negative Sentiment: Despite the beat and the guide lift, shares slipped — likely due to a modest beat (only a penny on EPS), profit‑taking after recent gains, and investor sensitivity to valuation (CTAS trades at a high P/E). Cintas’ Digital Push Is Paying Off With Higher Retention, Analyst Says
• Negative Sentiment: Several analysts flagged the stock as fully valued or kept market‑perform/hold ratings (Bernstein maintained Hold; Morgan Stanley trimmed its target), which may cap upside near term. Reports also point to higher operating costs that could pressure margins if persistent. Cintas: Solid Operational Execution but Fully Valued, Supporting a Market-Perform (Hold) Rating

Cintas Company Profile

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.