Cintas (NASDAQ:CTAS – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 4.810-4.880 for the period, compared to the consensus estimate of 4.830. The company issued revenue guidance of $11.2 billion-$11.2 billion, compared to the consensus revenue estimate of $11.1 billion.
Cintas Stock Down 0.1%
Cintas stock opened at $187.37 on Thursday. Cintas has a 12 month low of $180.39 and a 12 month high of $229.24. The stock has a fifty day simple moving average of $186.43 and a two-hundred day simple moving average of $204.93. The company has a current ratio of 2.24, a quick ratio of 1.94 and a debt-to-equity ratio of 0.51. The firm has a market cap of $75.30 billion, a price-to-earnings ratio of 42.49, a PEG ratio of 3.24 and a beta of 0.96.
Cintas (NASDAQ:CTAS – Get Free Report) last released its quarterly earnings data on Thursday, December 18th. The business services provider reported $1.21 EPS for the quarter, beating the consensus estimate of $1.18 by $0.03. Cintas had a return on equity of 40.41% and a net margin of 17.54%.The company had revenue of $2.80 billion for the quarter, compared to analysts’ expectations of $2.77 billion. During the same period last year, the firm posted $1.09 earnings per share. Cintas’s revenue was up 9.3% compared to the same quarter last year. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. Equities analysts predict that Cintas will post 4.31 EPS for the current fiscal year.
Cintas Announces Dividend
Cintas announced that its Board of Directors has approved a share repurchase program on Tuesday, October 28th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the business services provider to repurchase up to 1.3% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on CTAS. Rothschild & Co Redburn upgraded shares of Cintas from a “sell” rating to a “neutral” rating and set a $184.00 price objective on the stock in a research report on Tuesday, November 11th. Citigroup boosted their target price on shares of Cintas from $172.00 to $176.00 and gave the company a “sell” rating in a research note on Friday, September 26th. Wells Fargo & Company restated a “cautious” rating and issued a $185.00 price target (down from $218.00) on shares of Cintas in a research note on Tuesday, November 25th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Cintas in a report on Monday. Finally, Morgan Stanley lowered their target price on Cintas from $220.00 to $210.00 and set an “equal weight” rating on the stock in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $212.00.
View Our Latest Stock Analysis on CTAS
Hedge Funds Weigh In On Cintas
A number of institutional investors have recently bought and sold shares of the stock. Triumph Capital Management bought a new stake in Cintas during the third quarter valued at about $29,000. Caitong International Asset Management Co. Ltd raised its stake in shares of Cintas by 113.5% in the third quarter. Caitong International Asset Management Co. Ltd now owns 269 shares of the business services provider’s stock worth $55,000 after buying an additional 143 shares during the period. Measured Wealth Private Client Group LLC purchased a new position in shares of Cintas during the 3rd quarter valued at about $62,000. Sunbelt Securities Inc. lifted its position in shares of Cintas by 186.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 309 shares of the business services provider’s stock valued at $63,000 after buying an additional 201 shares in the last quarter. Finally, Darwin Wealth Management LLC bought a new position in shares of Cintas during the 2nd quarter valued at approximately $141,000. 63.46% of the stock is owned by institutional investors.
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.
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