Cintas (CTAS) Stock Forecast & Price Target

$217.05 -6.57 (-2.94%)

(As of 11/14/2024 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

Hold

Based on 17 Analyst Ratings

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
-8.02% 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 -8.02% from the current price of $217.05.

CTAS Analyst Ratings Over Time

Type	Current Forecast 11/16/23 to 11/15/24	1 Month Ago 10/17/23 to 10/16/24	3 Months Ago 8/18/23 to 8/17/24	1 Year Ago 11/16/22 to 11/16/23
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)	7 Buy rating(s)
Hold	9 Hold rating(s)	9 Hold rating(s)	8 Hold rating(s)	5 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$199.63	$199.63	$185.59	$133.60
Forecasted Upside	-8.02% Downside	-6.24% Downside	-2.94% Downside	-3.44% Downside
Consensus Rating	Hold	Hold	Hold	Moderate Buy

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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.

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.

Cintas Stock vs. The Competition

Type	Cintas	Industrial Products Companies	S&P 500
Consensus Rating Score	2.24	2.60	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	-8.02% Downside	39.45% Upside	8.87% Upside
News Sentiment Rating	Very Positive News See Recent CTAS News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/27/2024	Barclays 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$210.00 ➝ $245.00	+20.10%
9/26/2024	Jefferies Financial Group 2 of 5 stars		Lower Target	Hold ➝ Hold	$730.00 ➝ $200.00	-4.71%
9/26/2024	The Goldman Sachs Group 2 of 5 stars		Boost Target	Buy ➝ Buy	$212.00 ➝ $236.00	+11.81%
9/26/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$219.00 ➝ $240.00	+14.31%
9/26/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Haas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Underweight ➝ Underweight	$184.00 ➝ $191.00	-9.03%
9/26/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$170.00 ➝ $185.00	-11.89%
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9/26/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Sabadra Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sector Perform ➝ Sector Perform	$181.00 ➝ $215.00	+2.23%
9/26/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$194.00 ➝ $209.00	+0.86%
9/17/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$212.50 ➝ $225.00	+10.42%
8/9/2024	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating	O. Davies Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$167.50	-10.72%
7/19/2024	Baird R W Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Wittmann Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
7/19/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$166.75 ➝ $199.50	+5.14%
5/24/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Sell	$132.50 ➝ $142.50	-18.11%
4/1/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Perform ➝ Market Perform
3/28/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$157.25 ➝ $181.50	+6.37%
3/28/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$175.00 ➝ $197.50	+15.22%
12/22/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$135.00 ➝ $160.00	+7.33%
7/14/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		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 Friday at 03:54 AM 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, November 2, 2024. Please send any questions or comments about these Cintas pros and cons to contact@marketbeat.com.

Cintas
Bull Case

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

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 equities research analysts have issued "buy," "hold," and "sell" ratings for Cintas in the last year. There are currently 2 sell ratings, 9 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities 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 -8.02% based on their 12-month stock forecasts.
: Cintas has been rated by research analysts at Barclays, Jefferies Financial Group, Morgan Stanley, Robert W. Baird, Royal Bank of Canada, The Goldman Sachs Group, Truist Financial, UBS Group, and Wells Fargo & Company in the past 90 days.
: 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.

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This page (NASDAQ:CTAS) was last updated on 11/15/2024 by MarketBeat.com Staff

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Cintas (CTAS) Stock Forecast & Price Target