Cintas (NASDAQ:CTAS) Price Target Raised to $214.00

Cintas (NASDAQ:CTAS) had its price target lifted by Robert W. Baird from $200.00 to $214.00 in a research note issued to investors on Thursday, Marketbeat reports. They currently have an outperform rating on the business services provider’s stock.

CTAS has been the topic of a number of other reports. Wells Fargo & Company reissued an “overweight” rating and set a $250.00 price objective (up from $245.00) on shares of Cintas in a report on Thursday. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $231.00 target price on shares of Cintas in a research note on Wednesday. Stifel Nicolaus reduced their price target on shares of Cintas from $222.00 to $190.00 and set a “hold” rating on the stock in a research report on Thursday, March 26th. Citigroup decreased their price target on shares of Cintas from $181.00 to $160.00 and set a “sell” rating on the stock in a research note on Tuesday, March 31st. Finally, Bank of America upgraded shares of Cintas from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $200.00 to $230.00 in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $212.31.

Cintas Trading Down 0.9%

NASDAQ CTAS opened at $204.45 on Thursday. The stock’s 50-day simple moving average is $175.60 and its two-hundred day simple moving average is $182.86. Cintas has a twelve month low of $161.16 and a twelve month high of $226.75. The company has a quick ratio of 1.74, a current ratio of 1.43 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $81.80 billion, a price-to-earnings ratio of 57.75, a PEG ratio of 3.23 and a beta of 0.94.

Cintas (NASDAQ:CTAS) last issued its quarterly earnings results on Wednesday, July 15th. The business services provider reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.05. Cintas had a return on equity of 42.05% and a net margin of 17.75%.The firm had revenue of $2.91 billion during the quarter, compared to analyst estimates of $2.87 billion. During the same quarter in the previous year, the company posted $1.09 earnings per share. The company’s revenue was up 8.9% compared to the same quarter last year. Cintas has set its FY 2027 guidance at 5.360-5.500 EPS. Research analysts forecast that Cintas will post 5.48 EPS for the current fiscal year.

Insider Activity at Cintas

In other news, Director Ronald W. Tysoe sold 4,666 shares of Cintas stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $178.87, for a total value of $834,607.42. Following the transaction, the director owned 22,448 shares in the company, valued at approximately $4,015,273.76. The trade was a 17.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 14.90% of the company’s stock.

Hedge Funds Weigh In On Cintas

Several institutional investors and hedge funds have recently bought and sold shares of CTAS. Nemes Rush Group LLC bought a new stake in Cintas in the fourth quarter valued at approximately $25,000. Swiss RE Ltd. bought a new position in shares of Cintas in the fourth quarter worth approximately $25,000. Kemnay Advisory Services Inc. bought a new position in shares of Cintas in the fourth quarter worth approximately $26,000. Triumph Capital Management purchased a new position in shares of Cintas in the third quarter worth $29,000. Finally, Camelot Portfolios LLC purchased a new position in shares of Cintas in the fourth quarter worth $26,000. 63.46% of the stock is currently owned by institutional investors.

More Cintas News

Here are the key news stories impacting Cintas this week:

• Positive Sentiment: Bank of America upgraded Cintas to Buy from Neutral and raised its price target to $230, saying the company’s earnings setup looks stronger over the next several quarters thanks to improving labor conditions, growth in adjacent products, and margin expansion. Cintas upgraded by Bank of America after earnings beat and stronger outlook
• Positive Sentiment: Robert W. Baird raised its price target to $214 and kept an Outperform rating, while other analysts also lifted estimates after Cintas beat revenue and EPS expectations. These Analysts Increase Their Forecasts On Cintas Following Upbeat Q4 Earnings
• Positive Sentiment: Cintas posted a beat-and-raise quarter, with revenue of $2.91 billion and adjusted EPS of $1.29, plus stronger fiscal 2027 guidance, which has supported investor confidence and renewed buying interest. Cintas Keeps Beating Expectations—And the Story Isn’t Over
• Neutral Sentiment: Some coverage argues the stock may now be reasonably valued after its sharp five-year advance, suggesting upside may depend more on continued earnings execution than multiple expansion. Cintas (CTAS) Stock Looks Reasonable After Its 106% Five Year Run
• Negative Sentiment: Royal Bank of Canada only reaffirmed a Sector Perform rating with a $206 target, implying more limited upside than the most bullish calls and signaling that not all analysts are fully convinced the stock can rerate much higher from here. Benzinga coverage of RBC 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.