Cintas (NASDAQ:CTAS - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 4.360-4.400 for the period, compared to the consensus 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.
Analysts Set New Price Targets
A number of research analysts recently commented on the company. Morgan Stanley increased their price target on Cintas from $195.00 to $213.00 and gave the company an "equal weight" rating in a report on Thursday. Citigroup began coverage on Cintas in a research note on Monday, February 24th. They set a "sell" rating and a $161.00 target price for the company. Robert W. Baird lifted their price target on shares of Cintas from $200.00 to $227.00 and gave the stock a "neutral" rating in a research note on Thursday. Wells Fargo & Company increased their price objective on shares of Cintas from $184.00 to $196.00 and gave the company an "underweight" rating in a research note on Thursday. Finally, The Goldman Sachs Group boosted their target price on shares of Cintas from $211.00 to $233.00 and gave the stock a "buy" rating in a research report on Thursday. Two analysts have rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $210.58.
Check Out Our Latest Analysis on Cintas
Cintas Stock Performance
NASDAQ CTAS traded down $3.03 during trading hours on Friday, reaching $203.22. The company's stock had a trading volume of 1,684,835 shares, compared to its average volume of 1,631,493. The stock has a market cap of $82.01 billion, a PE ratio of 49.00, a PEG ratio of 3.98 and a beta of 1.41. The business has a 50-day simple moving average of $201.01 and a 200 day simple moving average of $208.92. Cintas has a 52 week low of $162.16 and a 52 week high of $228.12. The company has a current ratio of 1.58, a quick ratio of 1.38 and a debt-to-equity ratio of 0.47.
Cintas (NASDAQ:CTAS - Get Free Report) last released its quarterly earnings data on Wednesday, March 26th. The business services provider reported $1.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.05 by $0.08. Cintas had a return on equity of 40.62% and a net margin of 17.23%. The business had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.60 billion. During the same quarter in the previous year, the firm posted $3.84 EPS. The business's revenue for the quarter was up 8.4% compared to the same quarter last year. Equities research analysts predict that Cintas will post 4.31 earnings per share for the current fiscal year.
Cintas Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 14th were issued a $0.39 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.77%. Cintas's dividend payout ratio (DPR) is presently 36.11%.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Cintas stock. Brighton Jones LLC boosted its holdings in Cintas Co. (NASDAQ:CTAS - Free Report) by 9.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,268 shares of the business services provider's stock after acquiring an additional 108 shares during the quarter. Brighton Jones LLC's holdings in Cintas were worth $232,000 at the end of the most recent quarter. 63.46% of the stock is owned by institutional investors.
About Cintas
(
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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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