Cintas (NASDAQ:CTAS) Issues FY25 Earnings Guidance

Cintas (NASDAQ:CTAS - Get Free Report) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $4.36-4.40 for the period, compared to the consensus earnings per share estimate of $4.32. The company issued revenue guidance of $10.280-10.305 billion, compared to the consensus revenue estimate of $10.29 billion. Cintas also updated its FY 2025 guidance to 4.360-4.400 EPS.

Cintas Price Performance

CTAS stock traded down $3.03 during mid-day trading 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 company has a current ratio of 1.58, a quick ratio of 1.38 and a debt-to-equity ratio of 0.47. The company's 50 day moving average is $201.01 and its two-hundred day moving average is $208.92. Cintas has a fifty-two week low of $162.16 and a fifty-two week high of $228.12. The stock has a market cap of $82.01 billion, a PE ratio of 49.00, a P/E/G ratio of 3.98 and a beta of 1.41.

Cintas (NASDAQ:CTAS - Get Free Report) last announced its quarterly earnings data on Wednesday, March 26th. The business services provider reported $1.13 EPS for the quarter, topping 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 firm had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.60 billion. During the same quarter last year, the business posted $3.84 earnings per share. The firm's revenue was up 8.4% compared to the same quarter last year. Equities research analysts expect that Cintas will post 4.31 EPS for the current year.

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Cintas Announces Dividend

The business 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 annualized dividend and a yield of 0.77%. Cintas's dividend payout ratio (DPR) is currently 36.11%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Truist Financial lifted their price target on shares of Cintas from $215.00 to $230.00 and gave the company a "buy" rating in a research report on Thursday. The Goldman Sachs Group lifted their target price on shares of Cintas from $211.00 to $233.00 and gave the company a "buy" rating in a report on Thursday. Robert W. Baird upped their price target on Cintas from $200.00 to $227.00 and gave the stock a "neutral" rating in a research note on Thursday. Citigroup started coverage on Cintas in a research note on Monday, February 24th. They issued a "sell" rating and a $161.00 price objective for the company. Finally, UBS Group increased their target price on Cintas from $218.00 to $240.00 and gave the stock a "buy" rating in a research note on Thursday. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $210.58.

Institutional Trading of Cintas

An institutional investor recently raised its position in Cintas stock. Brighton Jones LLC grew its position in Cintas Co. (NASDAQ:CTAS - Free Report) by 9.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,268 shares of the business services provider's stock after purchasing 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 reporting period. Institutional investors and hedge funds 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.