Cintas Co. Expected to Post Q2 2025 Earnings of $1.00 Per Share (NASDAQ:CTAS)

Cintas Co. (NASDAQ:CTAS - Free Report) - Research analysts at William Blair dropped their Q2 2025 earnings per share estimates for shares of Cintas in a research note issued to investors on Wednesday, September 25th. William Blair analyst T. Mulrooney now forecasts that the business services provider will post earnings of $1.00 per share for the quarter, down from their prior estimate of $1.01. The consensus estimate for Cintas' current full-year earnings is $4.16 per share. William Blair also issued estimates for Cintas' FY2025 earnings at $4.22 EPS and FY2026 earnings at $4.63 EPS.

Cintas (NASDAQ:CTAS - Get Free Report) last announced its quarterly earnings results on Wednesday, September 25th. The business services provider reported $1.10 EPS for the quarter, topping analysts' consensus estimates of $1.00 by $0.10. Cintas had a return on equity of 37.82% and a net margin of 16.38%. The company had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.49 billion. During the same quarter last year, the firm posted $3.70 earnings per share. The firm's revenue was up 6.8% on a year-over-year basis.

CTAS has been the subject of a number of other research reports. The Goldman Sachs Group lifted their price objective on Cintas from $212.00 to $236.00 and gave the company a "buy" rating in a research note on Thursday. Truist Financial lifted their price target on Cintas from $212.50 to $225.00 and gave the stock a "buy" rating in a research report on Tuesday, September 17th. Jefferies Financial Group cut their price objective on shares of Cintas from $730.00 to $200.00 and set a "hold" rating on the stock in a research report on Thursday. Robert W. Baird lifted their target price on shares of Cintas from $194.00 to $209.00 and gave the stock a "neutral" rating in a report on Thursday. Finally, Wells Fargo & Company increased their price target on shares of Cintas from $184.00 to $191.00 and gave the company an "underweight" rating in a report on Thursday. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, Cintas has an average rating of "Hold" and an average target price of $199.63.

Cintas Stock Down 2.3 %

CTAS traded down $4.66 during midday trading on Friday, reaching $202.35. The company's stock had a trading volume of 2,332,229 shares, compared to its average volume of 1,492,194. Cintas has a 1 year low of $119.69 and a 1 year high of $211.57. The stock's 50-day moving average is $208.63 and its 200-day moving average is $183.66. The firm has a market capitalization of $20.53 billion, a price-to-earnings ratio of 13.97, a PEG ratio of 4.09 and a beta of 1.32. The company has a current ratio of 1.74, a quick ratio of 1.52 and a debt-to-equity ratio of 0.47.

Hedge Funds Weigh In On Cintas

A number of large investors have recently made changes to their positions in the business. Healthcare of Ontario Pension Plan Trust Fund increased its position in Cintas by 12.8% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 82,314 shares of the business services provider's stock valued at $57,641,000 after buying an additional 9,314 shares in the last quarter. Newbridge Financial Services Group Inc. increased its holdings in shares of Cintas by 56.8% during the second quarter. Newbridge Financial Services Group Inc. now owns 1,041 shares of the business services provider's stock valued at $729,000 after acquiring an additional 377 shares in the last quarter. Heritage Wealth Management Inc. purchased a new position in shares of Cintas in the 2nd quarter valued at approximately $2,008,000. Sanctuary Advisors LLC acquired a new stake in Cintas in the 2nd quarter worth approximately $8,454,000. Finally, Brown Financial Advisors acquired a new stake in Cintas in the 2nd quarter worth approximately $189,000. 63.46% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Cintas

In other Cintas news, Director Gerald S. Adolph sold 4,400 shares of the stock in a transaction dated Wednesday, July 24th. The shares were sold at an average price of $191.43, for a total transaction of $842,292.00. Following the completion of the sale, the director now directly owns 125,808 shares of the company's stock, valued at $24,083,425.44. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 15.10% of the company's stock.

Cintas Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Thursday, August 15th were issued a $0.39 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.77%. Cintas's dividend payout ratio is presently 10.77%.

Cintas declared that its Board of Directors has initiated a share buyback plan on Tuesday, July 23rd that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the business services provider to buy up to 1.3% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.

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.