Cintas (NASDAQ:CTAS) Releases FY25 Earnings Guidance

Cintas (NASDAQ:CTAS - Get Free Report) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $4.28-4.34 for the period, compared to the consensus estimate of $4.24. The company issued revenue guidance of $10.255-10.320 billion, compared to the consensus revenue estimate of $10.28 billion. Cintas also updated its FY 2025 guidance to 4.280-4.340 EPS.

Cintas Stock Performance

Shares of CTAS traded down $21.60 during mid-day trading on Thursday, reaching $182.79. 6,208,660 shares of the company's stock were exchanged, compared to its average volume of 1,503,445. The business's fifty day simple moving average is $215.20 and its 200-day simple moving average is $203.00. The stock has a market capitalization of $73.72 billion, a PE ratio of 46.16, a price-to-earnings-growth ratio of 4.15 and a beta of 1.33. Cintas has a 52-week low of $138.39 and a 52-week high of $228.12. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.53 and a quick ratio of 1.33.

Cintas (NASDAQ:CTAS - Get Free Report) last issued its quarterly earnings data on Thursday, December 19th. The business services provider reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.08. Cintas had a net margin of 16.80% and a return on equity of 39.56%. The company had revenue of $2.56 billion for the quarter, compared to the consensus estimate of $2.56 billion. During the same period last year, the firm posted $3.61 EPS. Cintas's revenue for the quarter was up 7.8% on a year-over-year basis. On average, equities research analysts expect that Cintas will post 4.23 earnings per share for the current year.

Cintas Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 15th were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date was Friday, November 15th. Cintas's payout ratio is currently 39.39%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. UBS Group lifted their price objective on shares of Cintas from $219.00 to $240.00 and gave the company a "buy" rating in a research report on Thursday, September 26th. Robert W. Baird lifted their target price on shares of Cintas from $194.00 to $209.00 and gave the company a "neutral" rating in a report on Thursday, September 26th. Morgan Stanley increased their price target on shares of Cintas from $185.00 to $202.00 and gave the stock an "equal weight" rating in a report on Thursday, December 12th. Jefferies Financial Group lowered their price objective on Cintas from $730.00 to $200.00 and set a "hold" rating on the stock in a report on Thursday, September 26th. Finally, Truist Financial increased their target price on Cintas from $212.50 to $225.00 and gave the stock a "buy" rating in a research note on Tuesday, September 17th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $200.77.

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.