Cintas (CTAS) Stock Price, News & Analysis

Company Overview

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. In addition, the company offers first aid and safety services, and fire protection products and services. It provides its products and services through its distribution network and local delivery routes, or local representatives to small service and manufacturing companies, as well as major corporations. The company was founded in 1968 and is based in Cincinnati, Ohio. Cintas Corporation was formerly a subsidiary of Cintas Corporation.

Key Stats

• Today's Range: $202.80 to $204.91
• 50-Day Range: $184.96 to $819.83
• 52-Week Range: $122.60 to $211.57
• Volume: 80,793 shs
• Average Volume: 1.49 million shs
• Market Capitalization: $20.74 billion
• P/E Ratio: 14.12
• Dividend Yield: 0.76%
• Price Target: $199.63
• Consensus Rating: Hold

Cintas Stock Analysis - MarketRank™

Cintas scored higher than 89% of companies evaluated by MarketBeat, and ranked 27th out of 173 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Cintas has received a consensus rating of Hold. The company's average rating score is 2.24, and is based on 6 buy ratings, 9 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Cintas has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 9.86%

Earnings Growth

Earnings for Cintas are expected to grow by 9.86% in the coming year, from $4.16 to $4.57 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Cintas is 14.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.95.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cintas is 14.04, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.06.

Price to Earnings Growth Ratio

Cintas has a PEG Ratio of 4.09. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Cintas has a P/B Ratio of 19.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.44% of the outstanding shares of Cintas have been sold short.

Short Interest Ratio / Days to Cover

Cintas has a short interest ratio ("days to cover") of 4.6.

Change versus previous month

Short interest in Cintas has recently increased by 427.97%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Cintas has a dividend yield of 0.77%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Cintas has been increasing its dividend for 42 years.

Dividend Coverage

The dividend payout ratio of Cintas is 10.77%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Cintas will have a dividend payout ratio of 34.14% next year. This indicates that Cintas will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.4 / 5
• Environmental Score: -2.61

Percentage of Shares Shorted

7.44% of the outstanding shares of Cintas have been sold short.

Short Interest Ratio / Days to Cover

Cintas has a short interest ratio ("days to cover") of 4.6.

Change versus previous month

Short interest in Cintas has recently increased by 427.97%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.36

News Sentiment

Cintas has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Cintas this week, compared to 11 articles on an average week.

Search Interest

31 people have searched for CTAS on MarketBeat in the last 30 days. This is an increase of 55% compared to the previous 30 days.

MarketBeat Follows

Only 21 people have added Cintas to their MarketBeat watchlist in the last 30 days. This is a decrease of -9% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Cintas insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $842,292.00 in company stock.

Percentage Held by Insiders

15.10% of the stock of Cintas is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

63.46% of the stock of Cintas is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CTAS Stock Analysis - Frequently Asked Questions

How have CTAS shares performed this year?

Cintas' stock was trading at $150.6650 at the beginning of the year. Since then, CTAS shares have increased by 36.0% and is now trading at $204.91.
View the best growth stocks for 2024 here.

How were Cintas' earnings last quarter?

Cintas Co. (NASDAQ:CTAS) released 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. The firm's quarterly revenue was up 6.8% on a year-over-year basis.
Read the conference call transcript.

When did Cintas' stock split?

Cintas's stock split on Thursday, September 12th 2024. The 4-1 split was announced on Thursday, May 2nd 2024. The newly minted shares were distributed to shareholders after the closing bell on Wednesday, September 11th 2024. An investor that had 100 shares of stock prior to the split would have 400 shares after the split.

Is Cintas doing a stock buyback?

Cintas' board authorized a stock buyback plan on Tuesday, July 23rd 2024, which authorizes the company to buy back $1,000,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 1.3% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board believes its shares are undervalued.

Does Cintas have any subsidiaries?

The following companies are subsidiaries of Cintas: G&K Services LLC, Sudbury Mat Rental, ZEE Medical, Code Shred, Metro Door, Van Dyne Crotty, Beacon Fire And Safety, and more.

Who are Cintas' major shareholders?

Cintas' top institutional investors include SG Americas Securities LLC (0.49%), Handelsbanken Fonder AB (0.10%), Czech National Bank (0.07%) and Park Avenue Securities LLC (0.03%). Insiders that own company stock include Jim Rozakis, J Michael Hansen, Gerald S Adolph, Michael Lawrence Thompson, Joseph Scaminace, Ronald W Tysoe, Melanie W Barstad and Todd M Schneider.
View institutional ownership trends.

How do I buy shares of Cintas?

Shares of CTAS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Cintas own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cintas investors own include Johnson & Johnson (JNJ), Mastercard (MA), Visa (V), AbbVie (ABBV), Walt Disney (DIS), Walmart (WMT) and Home Depot (HD).

Company Calendar

• Ex-Dividend for 9/3 Dividend: 8/15/2024
• Dividend Payable: 9/03/2024
• Last Earnings: 9/25/2024
• Today: 10/07/2024
• Next Earnings (Estimated): 12/19/2024
• Fiscal Year End: 5/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrial Products
• Industry: Mens' & boy's furnishings, work clothing, & allied garments
• Sub-Industry: Diversified Support Services
• Current Symbol: NASDAQ:CTAS
• CUSIP: 17290810
• CIK: 723254
• Web: www.cintas.com
• Phone: (513) 459-1200
• Fax: 513-573-4030
• Employees: 46,500
• Year Founded: 1968

Price Target and Rating

• Average Stock Price Target: $199.63
• High Stock Price Target: $245.00
• Low Stock Price Target: $142.50
• Potential Upside/Downside: -2.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.24
• Research Coverage: 17 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $14.48
• Trailing P/E Ratio: 14.15
• Forward P/E Ratio: 49.26
• P/E Growth: 4.09
• Net Income: $1.57 billion
• Net Margins: 16.38%
• Pretax Margin: 20.57%
• Return on Equity: 37.82%
• Return on Assets: 17.62%

Debt

• Debt-to-Equity Ratio: 0.47
• Current Ratio: 1.74
• Quick Ratio: 1.52

Sales & Book Value

• Annual Sales: $9.76 billion
• Price / Sales: 2.13
• Cash Flow: $4.98 per share
• Price / Cash Flow: 41.11
• Book Value: $10.64 per share
• Price / Book: 19.26

Miscellaneous

• Outstanding Shares: 101,463,000
• Free Float: 86,142,000
• Market Cap: $20.79 billion
• Optionable: Optionable
• Beta: 1.32