Zacks Research Has Bullish Estimate for Cintas Q3 Earnings

Cintas Co. (NASDAQ:CTAS - Free Report) - Equities researchers at Zacks Research lifted their Q3 2026 EPS estimates for Cintas in a research note issued to investors on Tuesday, January 14th. Zacks Research analyst R. Department now anticipates that the business services provider will post earnings of $1.18 per share for the quarter, up from their prior forecast of $1.17. The consensus estimate for Cintas' current full-year earnings is $4.31 per share. Zacks Research also issued estimates for Cintas' FY2026 earnings at $4.70 EPS, Q1 2027 earnings at $1.25 EPS, Q2 2027 earnings at $1.30 EPS and FY2027 earnings at $5.16 EPS.

Cintas (NASDAQ:CTAS - Get Free Report) last issued its earnings results on Thursday, December 19th. The business services provider reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.08. The business had revenue of $2.56 billion for the quarter, compared to analyst estimates of $2.56 billion. Cintas had a net margin of 17.23% and a return on equity of 40.62%. The firm's revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the business earned $3.61 EPS.

Several other research analysts have also issued reports on CTAS. Jefferies Financial Group dropped their price objective on Cintas from $730.00 to $200.00 and set a "hold" rating for the company in a research note on Thursday, September 26th. Morgan Stanley increased their target price on shares of Cintas from $185.00 to $202.00 and gave the stock an "equal weight" rating in a research report on Thursday, December 12th. The Goldman Sachs Group reduced their price target on shares of Cintas from $236.00 to $211.00 and set a "buy" rating on the stock in a research report on Friday, December 20th. Royal Bank of Canada reiterated a "sector perform" rating and issued a $215.00 target price on shares of Cintas in a research note on Friday, December 20th. Finally, UBS Group decreased their price target on Cintas from $240.00 to $218.00 and set a "buy" rating on the stock in a research report on Friday, December 20th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $198.46.

Cintas Price Performance

Shares of CTAS traded up $2.59 during mid-day trading on Thursday, reaching $198.29. The company had a trading volume of 872,652 shares, compared to its average volume of 2,104,827. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.58 and a quick ratio of 1.38. The company has a market capitalization of $80.02 billion, a P/E ratio of 47.81, a P/E/G ratio of 3.65 and a beta of 1.37. Cintas has a twelve month low of $146.29 and a twelve month high of $228.12. The company's 50-day moving average is $206.61 and its 200-day moving average is $204.87.

Cintas Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 14th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.56 annualized dividend and a yield of 0.79%. Cintas's dividend payout ratio (DPR) is presently 37.61%.

Institutional Trading of Cintas

A number of large investors have recently made changes to their positions in CTAS. Axxcess Wealth Management LLC grew its stake in Cintas by 0.5% in the second quarter. Axxcess Wealth Management LLC now owns 2,905 shares of the business services provider's stock valued at $2,034,000 after acquiring an additional 14 shares during the period. E Fund Management Co. Ltd. increased its stake in Cintas by 1.9% during the 2nd quarter. E Fund Management Co. Ltd. now owns 997 shares of the business services provider's stock worth $698,000 after purchasing an additional 19 shares in the last quarter. Evergreen Capital Management LLC raised its holdings in Cintas by 4.8% during the 2nd quarter. Evergreen Capital Management LLC now owns 827 shares of the business services provider's stock worth $579,000 after buying an additional 38 shares during the period. Moors & Cabot Inc. lifted its stake in Cintas by 6.9% in the second quarter. Moors & Cabot Inc. now owns 757 shares of the business services provider's stock valued at $530,000 after buying an additional 49 shares in the last quarter. Finally, Aaron Wealth Advisors LLC boosted its holdings in shares of Cintas by 2.0% in the fourth quarter. Aaron Wealth Advisors LLC now owns 2,803 shares of the business services provider's stock valued at $512,000 after buying an additional 55 shares during the period. Institutional investors 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.