Cintas (NASDAQ:CTAS) Updates FY 2025 Earnings Guidance

Cintas (NASDAQ:CTAS) issued an update on its FY 2025 earnings guidance on Wednesday morning. 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.

Cintas Trading Up 0.8 %

Shares of Cintas stock opened at $206.25 on Friday. Cintas has a fifty-two week low of $162.16 and a fifty-two week high of $228.12. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.38 and a current ratio of 1.58. The firm has a market capitalization of $83.23 billion, a price-to-earnings ratio of 49.73, a PEG ratio of 3.98 and a beta of 1.41. The stock has a 50 day moving average of $200.91 and a 200 day moving average of $208.87.

Cintas (NASDAQ:CTAS) last announced its quarterly earnings results on Wednesday, March 26th. The business services provider reported $1.13 earnings per share for the quarter, beating 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 period last year, the business earned $3.84 earnings per share. The business’s revenue for the quarter was up 8.4% on a year-over-year basis. As a group, research analysts predict that Cintas will post 4.31 earnings per share for the current year.

Cintas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 14th were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.56 annualized dividend and a dividend yield of 0.76%. Cintas’s dividend payout ratio is currently 36.11%.

Analyst Ratings Changes

Several brokerages recently commented on CTAS. UBS Group lifted their price target on shares of Cintas from $218.00 to $240.00 and gave the stock a “buy” rating in a research note on Thursday. Truist Financial upped their target price on shares of Cintas from $215.00 to $230.00 and gave the company a “buy” rating in a report on Thursday. Robert W. Baird boosted their price target on Cintas from $200.00 to $227.00 and gave the company a “neutral” rating in a research report on Thursday. The Goldman Sachs Group boosted their price objective on shares of Cintas from $211.00 to $233.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $215.00 target price on shares of Cintas in a report on Thursday. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, Cintas presently has an average rating of “Hold” and an average target price of $207.57.

Hedge Funds Weigh In On Cintas

A hedge fund recently raised its stake in Cintas stock. Brighton Jones LLC increased its holdings in Cintas Co. (NASDAQ:CTAS) by 9.3% in the 4th quarter, according to its most recent 13F filing with the SEC. 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 as of its most recent filing with the SEC. 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.