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Cintas (CTAS) Stock Forecast & Price Target

Cintas logo
$205.76
+0.14 (+0.07%)
(As of 12:19 PM ET)

Cintas - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
2
Hold
9
Buy
6

Based on 17 Wall Street analysts who have issued ratings for Cintas in the last 12 months, the stock has a consensus rating of "Hold." Out of the 17 analysts, 2 have given a sell rating, 9 have given a hold rating, and 6 have given a buy rating for CTAS.

Consensus Price Target

$199.63
-2.98% Downside
According to the 17 analysts' twelve-month price targets for Cintas, the average price target is $199.63. The highest price target for CTAS is $245.00, while the lowest price target for CTAS is $142.50. The average price target represents a forecasted downside of -2.98% from the current price of $205.76.
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CTAS Analyst Ratings Over Time

TypeCurrent Forecast
11/5/23 to 11/4/24
1 Month Ago
10/6/23 to 10/5/24
3 Months Ago
8/7/23 to 8/6/24
1 Year Ago
11/5/22 to 11/5/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
Hold
9 Hold rating(s)
9 Hold rating(s)
7 Hold rating(s)
5 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$199.63$199.63$187.25$131.98
Forecasted Upside-2.98% Downside-2.58% Downside0.48% Upside1.83% Upside
Consensus Rating
Hold
Hold
Hold
Moderate Buy

CTAS Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CTAS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Cintas Stock vs. The Competition

TypeCintasIndustrial Products CompaniesS&P 500
Consensus Rating Score
2.24
2.60
2.50
Consensus RatingHoldModerate BuyHold
Predicted Upside-3.44% Downside73.48% Upside10.24% Upside
News Sentiment Rating
Positive News

See Recent CTAS News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/27/2024Barclays
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$210.00 ➝ $245.00+20.10%
9/26/2024Jefferies Financial Group
2 of 5 stars
 Lower TargetHold ➝ Hold$730.00 ➝ $200.00-4.71%
9/26/2024The Goldman Sachs Group
2 of 5 stars
 Boost TargetBuy ➝ Buy$212.00 ➝ $236.00+11.81%
9/26/2024UBS Group
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 Boost TargetBuy ➝ Buy$219.00 ➝ $240.00+14.31%
9/26/2024Wells Fargo & Company
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J. Haas
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Boost TargetUnderweight ➝ Underweight$184.00 ➝ $191.00-9.03%
9/26/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$170.00 ➝ $185.00-11.89%
9/26/2024Royal Bank of Canada
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A. Sabadra
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Boost TargetSector Perform ➝ Sector Perform$181.00 ➝ $215.00+2.23%
9/26/2024Robert W. Baird
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 Boost TargetNeutral ➝ Neutral$194.00 ➝ $209.00+0.86%
9/17/2024Truist Financial
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 Boost TargetBuy ➝ Buy$212.50 ➝ $225.00+10.42%
8/9/2024Redburn Atlantic
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O. Davies
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Initiated CoverageNeutral$167.50-10.72%
7/19/2024Baird R W
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A. Wittmann
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DowngradeStrong-Buy ➝ Hold
7/19/2024Stifel Nicolaus
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 Boost TargetHold ➝ Hold$166.75 ➝ $199.50+5.14%
5/24/2024Citigroup
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 DowngradeNeutral ➝ Sell$132.50 ➝ $142.50-18.11%
4/1/2024Oppenheimer
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 Reiterated RatingMarket Perform ➝ Market Perform
3/28/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetHold ➝ Hold$157.25 ➝ $181.50+6.37%
3/28/2024Bank of America
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 Boost TargetBuy ➝ Buy$175.00 ➝ $197.50+15.22%
12/22/2023JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$135.00 ➝ $160.00+7.33%
7/14/2023Argus
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 Boost Target$127.50 ➝ $135.00+8.52%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 12:54 PM ET.


Should I Buy Cintas Stock? CTAS Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, October 26, 2024. Please send any questions or comments about these Cintas pros and cons to contact@marketbeat.com.

Cintas
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Cintas Co.:

  • Cintas Co. stock price has been steadily increasing, reaching $204.47 on the latest trading day, indicating positive momentum.
  • Cintas Co. has a strong return on equity of 37.82%, showcasing efficient utilization of shareholder funds to generate profits.
  • The company's revenue for the latest quarter was $2.50 billion, surpassing analyst estimates, demonstrating robust financial performance.
  • Cintas Co. has a low debt-to-equity ratio of 0.47, indicating a conservative approach to financing and lower financial risk.
  • The company's stock has a relatively low price-to-earnings ratio of 14.10, suggesting it may be undervalued compared to its peers.

Cintas
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Cintas Co. for these reasons:

  • Two equities research analysts have rated the stock with a sell rating, indicating some market skepticism about the company's future performance.
  • Despite positive financial indicators, Cintas Co. has faced downgrades from analysts, potentially signaling challenges ahead.
  • The company recently cut its dividend, which could deter income-focused investors from holding the stock.
  • Wells Fargo & Company issued an "underweight" rating for Cintas Co., suggesting caution due to perceived overvaluation or other concerns.
  • Baird R W downgraded Cintas Co. from a "strong-buy" to a "hold" rating, indicating a shift in sentiment towards the stock.

CTAS Forecast - Frequently Asked Questions

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Cintas is $199.63, with a high forecast of $245.00 and a low forecast of $142.50.

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cintas in the last twelve months. There are currently 2 sell ratings, 9 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CTAS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CTAS, but not buy additional shares or sell existing shares.

According to analysts, Cintas's stock has a predicted downside of -2.98% based on their 12-month stock forecasts.

Over the previous 90 days, Cintas's stock had 1 upgrade by analysts.

Analysts like Cintas less than other "industrial products" companies. The consensus rating for Cintas is Hold while the average consensus rating for "industrial products" companies is Moderate Buy. Learn more on how CTAS compares to other companies.


This page (NASDAQ:CTAS) was last updated on 11/4/2024 by MarketBeat.com Staff
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